Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar Updated On Thu, Jul 6th, 2017 by Saurenergy Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […] Read more
Rays Power Infra commissions 5.5 MWp Solar PV project in Karnataka Updated On Wed, Jul 5th, 2017 by Saurenergy “Rays Power Infra Pvt. Ltd. has done the complete design, engineering, civil work, Installation process, testing and commissioning of the Solar PV project.” Rays Power Infra has announced that it has successfully completed a 5.5 MWp Solar PV equity project in Karnataka. The project execution work was started in October’2016 while the project was commissioned […] Read more
Photon Energy Developing a 316 MW Solar Power Plant in Australia Updated On Wed, Jul 5th, 2017 by Saurenergy Photon Energy is also developing further large-scale solar power plants with a combined capacity of 42 MWp in Australia Photon Energy is developing a 316 MW solar power plant near Gunning, New South Wales, Australia. This would make it the biggest PV project in the state and one of the largest planned in Australia, comparable […] Read more
Philips Lighting secures renewable energy certificates in the Gulf region Updated On Wed, Jul 5th, 2017 by Saurenergy Philips Lighting is the first major international company to secure its renewable energy consumption in the Gulf region using the pioneering International REC Standard. Philips Lighting has announced that it has purchased traceable renewable electricity from Dubai Electricity and Water Authority (DEWA’s) Mohammed bin Rashid Al Maktoum Solar Park in Dubai. The company has purchased […] Read more
Telangana set to cross 5GW solar power generation capacity by 2019: Report Updated On Mon, Jul 3rd, 2017 by Saurenergy These solar projects were awarded during 2015 and are expected to be completed by December 2017. The Telangana government signed PPA for 3800 MW of power from these units and all of them are expected to be operational by March-June 2018. Telangana is reportedly gearing up to cross the 5000 MW solar power generation capacity […] Read more
India Can Integrate 175 Gigawatts of Renewable Energy into the Electricity Grid: Study Updated On Sat, Jul 1st, 2017 by Saurenergy The report developed under the U.S.-India bilateral program “Greening the Grid”, confirms the technical and economic viability of integrating 175 gigawatts (GW) of renewable energy into India’s power grid by 2022, and identifies future course of actions that are favorable for such integration Power, Coal, New & Renewable Energy, Piyush Goyal recently released the first part of the study “Pathways […] Read more
University of California, Merced Selects SunPower for 5-Megawatt Solar Energy System with Storage Updated On Tue, Jun 27th, 2017 by Saurenergy The system will be UC Merced’s second featuring SunPower solar technology. A 1-megawatt ground-mounted tracker system has been in operation and exceeding performance expectations since 2009, and the two systems combined are expected to supply more than 50 percent of the campus’s energy needs The University of California, Merced’s precedent-setting Triple Zero Commitment aims for […] Read more
Over 649 schools in Chhattisgarh electrified through solar energy Updated On Sat, Jun 24th, 2017 by Saurenergy CREDA has reportedly setup solar plants at 490 schools out of 649 and ensured supply connectivity in 159 schools where solar plants were already installed. More than 649 government schools in remote areas of Chhattisgarh have been electrified through solar energy. An energy department official speaking to PTI said “Electrification of government schools in remote […] Read more
Over 3 Lakh workers will be employed by 2022 to achieve India’s solar and wind energy targets Updated On Thu, Jun 22nd, 2017 by Saurenergy Solar and wind energy employed more than 21,000 people in India in 2016-2017, and are expected to employ an estimated 25,000 people or more in the following year A recent report from Council on Energy, Environment and Water (CEEW) and Natural Resources Defence Council (NRDC) notes that over 300,000 workers will be employed in the […] Read more
