ReNew Power Raises $475 Million at Cheaper Cost Updated On Tue, Feb 7th, 2017 by Saurenergy The green bonds yielded 6% at the close of subscription and have helped ReNew Power raise $475 Million. ReNew Power Ventures has raised $475 million by selling green bonds to overseas investors as the solar and wind energy producer plans to refinance debt. The bond yielded 6% at the close of subscription on Monday. The […] Read more
India’s Total Solar Power Capacity Crosses 9 GW Updated On Tue, Feb 7th, 2017 by Saurenergy India’s Solar Power Capacity Crosses 9000 Megawatt with Tamil Nadu leading the Pack Country’s solar power generation capacity stood at over 9 GW as on December 31, 2016 with Tamil Nadu having the largest output capability followed by Rajasthan and Gujarat. Total solar power generation capacity was 9,012 MW as on December 31, 2016. Tamil […] Read more
Odisha Needs Rs 13500 crore Investments in Renewable Energy by 2022 Updated On Mon, Feb 6th, 2017 by Saurenergy The state government of Odisha has envisaged a renewable energy capacity of 2750 MW by 2022 As Odisha bets big on renewable energy sources to meet its power requirement in the future, it needs an investment of Rs 13,500 crore by 2022, according to the estimates of KPMG. The KPMG analysis is based on the […] Read more
Maharashtra to Take Joint Venture Route for Solar Energy Push Updated On Mon, Feb 6th, 2017 by Saurenergy Maharashtra State Power Generation Company Limited to Adopt Joint Venture Route for Installation of 2500MW Solar Energy in 3 years. Maharashtra State Power Generation Company Limited (MahaGenco) is looking at public-private partnership (PPP) and joint venture routes to undertake works for adding 2500MW grid-connected solar energy capacity in three years. The state power generation utility […] Read more
Gamesa to Facilitate Solar and Wind-solar Hybrid Power Projects in Andhra Pradesh Updated On Mon, Feb 6th, 2017 by Saurenergy Spanish firm Gamesa will facilitate investors to set up solar and wind-solar hybrid and wind power projects in Andhra Pradesh. Spanish wind turbine-maker Gamesa will facilitate around Rs 17,500 crore investment in Andhra Pradesh in wind, solar and wind-solar hybrid power projects, said a top official of the company’s Indian subsidiary. “Gamesa will facilitate investors […] Read more
The Budget Has Provided Renewed Thrust on Renewables: Piyush Goyal Updated On Sat, Feb 4th, 2017 by Saurenergy In the New & Renewable Energy Sector, Piyush Goyal informed that the Budget has affirmed target for Solar Power of additional 20,000 MW capacity during next year Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal while addressing the media, said that the allocations have been increased for […] Read more
Hyderabad Water Board to Utilise Solar Power to Cut Down on Bills Updated On Sat, Feb 4th, 2017 by Saurenergy To cut down the electricity bills, HMWS&SB will for the first time utilize solar power. The Hyderabad Metropolitan Water Supply and Sewerage Board (HMWS&SB) has decided to utilise solar power in order to save electricity bills. For this, the Water Board is seeking an allotment of Rs 50 crore funds in the state budget that […] Read more
Mytrah Energy signs pacts for 2000 MW Renewable Energy Projects in Andhra Pradesh Updated On Sat, Feb 4th, 2017 by Saurenergy Mytrah Energy has signed a deal worth Rs 13000 crore for the installation of 2000 MW Renewable Energy Projects spread across eight districts of Andhra Pradesh Mytrah Energy has signed pacts for 2000 MW of renewable Energy projects worth Rs 13,000 crore in Andhra Pradesh. The MoUs were inked in the presence Chief Minister N […] Read more
GHMC Plans Solar Power Plants on Rooftops to Cut Power Bills Updated On Fri, Feb 3rd, 2017 by Saurenergy GHMC has identified 44 of 942 buildings for the installation of rooftop solar power plants to reduce power consumption charges paid to power utilities. To reduce power consumption charges to be paid to power utilities, the Greater Hyderabad Municipal Corporation (GHMC) has decided to install rooftop solar-powered plants to be connected to grids in a […] Read more
