CPPIB to Invest $300 Million in Renewable Energy Producer Mytrah Power Updated On Tue, Jun 26th, 2018 by Saurenergy We are in process of raising growth capital and there is interest from multiple investors,” said Mytrah Energy chief financial officer Shirish Navlekar without disclosing further details. An advance talks are taking place between Canada’s largest pension fund manager Canada Pension Plan Investment Board (CPPIB) and renewable energy producer Mytrah Energy Ltd where the former is investing about $300 million […] Read more
Tata Power Renewable Energy Inks PPA with GE for Solar Rooftop Solns Updated On Wed, Jun 13th, 2018 by Saurenergy The solar rooftop projects installation will help to generate over 1 million kWh of electricity per year, and will lead to an average tariff reduction of around 30 percent. Tata Power’s wholly-owned arm Tata Power Renewable Energy has signed a power purchase agreement (PPA) with GE to provide solar rooftop solutions for 6 manufacturing and services sites in […] Read more
French Guiana Region to Install World’s Largest Power Station with 140 MWh Renewable Energy Storage Updated On Sat, Jun 2nd, 2018 by Saurenergy Power plant will generate 100% renewable energy, delivering steady, competitively-priced electricity supply, 24/7 to over 10,000 households in French Guiana. HDF (Hydrogène de France) has announced the launch of a world first in the history of renewable energy with the creation of its CEOG project (French Western Guiana Power Plant). The project harnessed via HDF’s […] Read more
Power Regulator CERC Boosts Merchant Renewable Energy Plants Updated On Thu, May 17th, 2018 by Saurenergy The detailed procedure that commission has issued would grant long and medium-term transmission access to the renewable project that has achieved financial closure and has already acquired land for the project. While proposing stringent rules against line underutilization, Power regulator Central Electricity Regulatory Commission (CERC) has issued guidelines that would pave way for serious merchant renewable […] Read more
ReNew Power to Acquire Five Renewable Energy Firms for Rs 6,000 cr Updated On Thu, May 10th, 2018 by Saurenergy The transaction is expected to be completed by September this year. Gurgaon based ReNew Power is mulling to buy five renewable energy companies in the solar and wind energy space, with combined capacity of nearly 680 MW for about Rs 6,000 crore. Moreover, the transaction is expected to be completed by September this year. Also, […] Read more
Renewable Energy Crosses 62 GW Mark Including over 16 GW of Solar Power Updated On Thu, Jan 4th, 2018 by Saurenergy Solar, wind and thermal power cost around Rs 6 crore for each MW for making new limits according to industry data. The nation’s renewable energy source limit remained at 62.05 GW by November 2017, which incorporates 32.75 GW of wind vitality and 16.61GW of solar power, Parliament was educated today. Power and New & Renewable […] Read more
Tata Power Renewable Energy Commissions 50 MW Solar Plant in Karnataka Updated On Wed, Jan 3rd, 2018 by Saurenergy The 50 MW solar plants have been built over 253 acres. Sale of power from solar plant has been tied up under a 25-year Power Purchase Agreement with NTPC Ltd. at a tariff of Rs. 4.84/ unit. Tata Power Renewable Energy Ltd. (TPREL), India’s largest renewable energy company has commissioned its 50 MW DCR solar […] Read more
SUNGREEN POWER AND RENEWABLE ENERGY PRIVATE LIMITED Updated On Fri, Dec 22nd, 2017 by Saurenergy Read more
1.5 MW Small Hydro Power Plant in Biaras Drass, Kargil (J&K) becomes first project to be commissioned under Prime Minister’s Ladakh Renewable Energy Initiative Updated On Fri, Nov 10th, 2017 by Saurenergy Power Project would meet normal power requirement of about 1000 families The Biaras Small Hydro Power Project (SHP) of 1.5 MW capacity, in Biaras Drass, Kargil Jammu & Kashmir, was commissioned on 4th November 2017. The total cost of the project, fully funded by the Ministry of New & Renewable Energy, is Rs. 17 crores […] Read more
