SunEdison finds difficult to get buyers for its projects in India Updated On Wed, Mar 23rd, 2016 by Saurenergy US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […] Read more
American financial institution to allocate $421 million to India for solar, internet projects Updated On Tue, Mar 22nd, 2016 by Saurenergy American financial institution to allocate $421 million to India for its solar and broadband projects reports PTI. It will enable the country to become a low carbon economy and expand the internet infrastructure. Last week US Government’s development finance institution, Overseas Private Investment Corporation (OPIC), sanctioned $250million to subsidiaries of ReNew Power Ventures Private Limited […] Read more
UP Govt extends Solar vision concludes the North India Solar Summit Updated On Mon, Mar 14th, 2016 by Saurenergy Just after UP state govt. proposed a mini-grid solar policy and rooftop solar power policy to change sentiments on clean and renewable energy, manifesting confidant towards solar energy the state has recently hosted the 3rd edition of the North India Solar Summit. Organised by Indian Industries Association (IIA) underlined the emerging business and trade opportunities in […] Read more
Solar Installation to well surpass 4GW in 2016, marking a 100% YoY Growth – Report Updated On Fri, Mar 11th, 2016 by Saurenergy The Indian solar sector is finally emerging from hibernation with solar installations doubling in 2015 after three years of flat growth, said Raj Prabhu, CEO and co-founder of Mercom Capital Group. Global clean energy communications and research firm cited that solar installations totaled 2,133 MW in 2015, up from 883 MW installed in 2014, which […] Read more
US Company rejigs UP Mini-Grid Solar Policy Updated On Thu, Mar 10th, 2016 by Saurenergy Just after the UP state government proposed a mini-grid policy to electrify the rural grounds of the state, a U.S. company has extended interest to electrify 1,000 villages by setting up mini-grids powered by solar energy. Rockfeller foundation has partnered with OMC-Powers’ to invest US $ 4.5 million (around Rs 30 crore) for retro-fitting of […] Read more
Chandigarh Canals will hump Kilometers of Solar Panels Updated On Thu, Mar 10th, 2016 by Saurenergy Recently, at the Happening Haryana Global Investors Summit, a special emphasis was poured into clean and renewable energy to allure investors in this sector. Now, hot on heels, Punjab Energy Development Agency (PEDA) has announced solar power plants installations in Chandigarh along the canals of the state. Solar plants are proposed to be commissioned on […] Read more
Haryana brings perky policy for Solar Sector emphasizes on Rooftop Solar Updated On Wed, Mar 9th, 2016 by Saurenergy The Haryana Government aims to generate 4,000-megawatt clean power using solar energy by 2022. To achieve the promising plan the government has braced a Solar Power Policy 2016 during the concluding day of the two-day ‘Happening Haryana Global Investors Summit’ in Gurgaon. The new policy aims to promote generation of green and clean power through […] Read more
India’s Solar Initiative seems already Sunny Updated On Tue, Mar 8th, 2016 by Saurenergy India is a home for around 300 million people living with sporadic electricity and also a country which receives the most amount of sunlight in a year. Hence it is said that the solar energy available in the country surpasses the possible energy output of all fossil fuels energy reserves. Solar is the only viable […] Read more
Govt to soon bring policy for Large-Scale Manufacturers Updated On Mon, Mar 7th, 2016 by Saurenergy Government is working on a policy to boost large-scale solar equipment production facilities that will be soon be sent for the Cabinet’s approval, New & Renewable Energy Minister Piyush Goyal said. “We are working on a policy to promote large-scale domestic manufacturing of solar equipment for making it more competitive,” Goyal said while addressing at SURYA KRANTI […] Read more
