MNRE invites proposal for availing Green Climate Fund (GCF) support in renewable energy areas Updated On Mon, Jun 13th, 2016 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has invited proposals from State governments, industry, developers, electrical utilities, private and public institutions, international agencies and other stakeholders for availing Green Climate Fund (GCF) support in renewable energy areas. MNRE in a statement said proposals shall have potential to deliver transformative impact on climate change mitigation […] Read more
Tata Power Renewable Energy signs SPA to acquire Welspun Renewables Energy Updated On Mon, Jun 13th, 2016 by Saurenergy Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed a Share Purchase Agreement (SPA) with Welspun Energy (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”). It is estimated to be Rs 9,500 crore ($1.4 billion) deal. This is one of the largest transactions in renewables space in […] Read more
8minutenergy to build 4GW solar photovoltaic project in India Updated On Sat, Jun 11th, 2016 by Saurenergy Independent solar developer in the U.S., 8minutenergy Renewables will setup 4GW solar photovoltaic project in India to help the country meet its aggressive renewable energy goals. A statement from White House said “8minutenergy Renewables will pursue a 4 GW solar photovoltaic project pipeline in India”. 8minutenergy’s commitment was made in tandem with Prime Minister Modi […] Read more
SPI Energy enters into strategic partnership with General Energy Solutions Updated On Thu, Jun 9th, 2016 by Saurenergy SPI Energy has entered into strategic partnership with General Energy Solutions (GES) in Japan. Under the partnership agreement, SPI Energy’s wholly owned Japanese subsidiary, SPI Solar Japan G.K. (“SPI Japan”), will provide local technical support and sales services to GES and deliver more than 15 megawatts (“MW”) of project sales in 2016 and 5MW in […] Read more
Vikram Solar bags National Excellence Award 2016 for Roof Top Solar Power Projects Updated On Thu, Jun 9th, 2016 by Saurenergy Vikram Solar received National Excellence Award 2016 for Roof Top Solar Power Projects in the Domestic Solar Module Manufacturers Category by the Government of India. The Award was presented by Piyush Goyal, the Minister of State for Power, Coal and New & Renewable Energy at the National Workshop on Roof Top Solar Power at Vigyan […] Read more
Solar Fastest Growing New Energy Source in India: Mercom Capital Group Updated On Tue, Jun 7th, 2016 by Saurenergy Global clean energy communications and research firm, Mercom Capital Group released its quarterly update on the Indian solar market on Monday, 6th June. Mercom predicts approximately 5 GW of solar installations in India for calendar year 2016. Mercom in its report states that cumulative solar installations in India crossed the 7.5 GW mark as of […] Read more
Indian Navy pledges 1.5% of its works budget towards renewable energy generation Updated On Mon, Jun 6th, 2016 by Saurenergy Indian Navy completed two years of its Green Initiatives Programme on World Environment Day. On the occasion the Navy has set itself an aggressive target of 21 MW Solar PV installations, to be implemented in three phases. The initiative is in line with the National Mission of Mega Watt to Giga Watt towards achieving 100 […] Read more
Sunvalley Solar acquires Rayco Energy Updated On Wed, Jun 1st, 2016 by Saurenergy Sunvalley Solar has announced the completion of its acquisition of Rayco Energy. Northern California based Rayco Energy is specializes in providing cost-saving and ENERGY efficient solutions, including LED lighting, Solar Thermal and Solar Electricity, to local communities and business units. The acquisition will be funded through the issuance of restricted shares of SSOL Series B […] Read more
Tata Power Renewable Energy bags 100 MW solar project in Karnataka under NSM Updated On Fri, May 20th, 2016 by Saurenergy Tata Power Renewable Energy (TPREL) has bagged two solar grid connected photovoltaic projects of 50 MW capacities each in Pavagada Solar Park in the Tumkur district of Karnataka. The projects have been awarded through OPEN category under the Jawaharlal Nehru National Solar Mission (JNNSM) Phase-Il Batch-Il Tranche-l under ‘State Specific Bundling Scheme’. TPREL has received […] Read more
