ReNew to Acquire Orange’s Portfolio in $950 Million Deal to Bulk Up Before IPO Updated On Wed, Jul 19th, 2017 by Saurenergy ReNew power is in in active discussions with Orange Renewable to acquire its portfolio of a little over 600 MW of predominantly wind and a smattering of solar assets for Rs 6175 crore ($950 million) of enterprise valuation, and has already submitted a non binding offer and is conducting diligence. Sumant Sinha led ReNew Power […] Read more
Tailoring Solar Power for Textile Industry Updated On Fri, Jul 14th, 2017 by Saurenergy The Indian Textile Industry has always been amenable in adapting newer and more efficient technologies. Electricity is most necessary input that mill needs today and it has always remained area of concern in this segment. Textile industry has been early adopter of renewable energy in India and has contributed largely in the growth of clean […] Read more
DRAGON’S EYE on LION’S PIE Updated On Tue, Jul 11th, 2017 by Saurenergy Alright! It gave mostly new narratives to apprehend the ‘Solar’ relation between India and China.The then thought China’s shabby rural-oriented solar program in the 1990s today throws an incremental progression amid the western economic powers. What can be more assertive to say that China is today global leader has divulged as the world’s largest renewable […] Read more
Greenko to Raise $1 Billion Through Asia’s Largest Green Bond Updated On Tue, Jul 11th, 2017 by Saurenergy India’s leading clean energy company, Greenko will raise one of the largest greenbond sale to date by a company in Asia, up to $1.1billion via an offshore dollar issue. Less than a year after its last offering, India’s leading clean energy company, Greenko, is raising up to $1.1billion via an offshore dollar issue — the […] Read more
Tata Power Solar Commissions 3 MW Solar Power Plant at Noamundi Updated On Mon, Jul 10th, 2017 by Saurenergy The 3 MW Solar Power Plant is the first solar plant will help in reducing CO2 emission by about 3000 tonnes per annum. With due consideration towards Tata Steel’s initiatives towards reducing carbon footprint, a 3 MW Solar PV Power Plant has been commissioned at Noamundi. This is the 1st Solar Power Plant in any […] Read more
Kochi Metro System to Get 25 Percent of its Power from Rooftop Solar Updated On Mon, Jul 10th, 2017 by Saurenergy The cumulative capacity of rooftop solar power systems will be 4 megawatts and are likely to be partially operational by October this year. Kochi Metro, recently launched in the Indian state of Kerala, will get a quarter of its total electric supply from rooftop solar power systems. This makes the Kochi Metro project unique as […] Read more
IFC Invests Rs 667 Crore in L&T Infrastructure for Solar Power Projects Updated On Fri, Jul 7th, 2017 by Saurenergy L&T Infrastructure Finance Co will use the fund to provide loan to solar power projects across India. The World Bank’s private financing arm IFC has invested Rs 667 crore ($103 million) in L&T Infrastructure Finance Co by subscribing to the first official Green Bonds in India, as stated in a joint statement by both the […] Read more
Gurjar Sudhaar Sabha Dharamshala in Kurukshetra goes all- solar Updated On Wed, Jun 28th, 2017 by Saurenergy The installed solar panels power a total of 250 rooms in Gurjar Sudhaar Sabha Dharamshala Gurjar Sudhaar Sabha‘s dharamshala in Kurukshetra inspired by the prospects of solar energy has install a solar plant in the area. The installed solar panels power a total of 250 rooms in Gurjar Sudhaar Sabha Dharamshala. Out of 250 rooms […] Read more
Sterling and Wilson Scales New Heights; Gets Awarded the World’s Largest Solar Power Plant Updated On Tue, Jun 20th, 2017 by Saurenergy The solar power plant is jointly developed by Marubeni, a Japanese integrated trading and investment giant, along with Jinko, a global leader in the solar industry, and Abu Dhabi Water and Electricity Authority (ADWEA). Sterling and Wilson, one of the dominant global forces in the solar power space, has bagged Turnkey Engineering Procurement and Construction […] Read more