Tata Cleantech Capital is eyeing at growing its asset book to around Rs 5,500 crore by fiscal 2019 Updated On Mon, Apr 24th, 2017 by Saurenergy Tata Cleantech Capital (TCCL), a joint venture between Tata Capital and International Finance Corporation, currently has an asset/loan book size of Rs 2,400 crore . Tata Cleantech Capital (TCCL) is reportedly looking at growing its asset book to around Rs 5,500 crore by fiscal 2019, with nearly USD 120 billion debt funds expected to flow […] Read more
Secondary Solar Market in India Updated On Tue, Apr 18th, 2017 by Saurenergy with the rise of the solar market, there has been a constant pressure on Indian developers to churn their capital. To minimize the pressure the developers are laying the foundation for the advent of the secondary market for solar assets by shopping their rapidly growing solar projects to prospective investors. The merger and acquisition (M&A) […] Read more
Indian Solar Sector Witnessed $1.6 Billion In Funding And M&A Transactions In Q1 2017: Mercom Capital Updated On Thu, Apr 13th, 2017 by Saurenergy Mercom Capital in its report states that ReNew Power was the highest funded company raising VC (venture capital), debt and project funding during the quarter. Renewable Energy Minister Piyush Goyal recently informed Rajya Sabha that India has added 5525 MW solar power generation capacity last fiscal, taking the total from this clean source to 12288 […] Read more
NTPC is in Process of Installing Integrated Solar Thermal Hybrid Plant at its Dadri Unit Updated On Fri, Mar 24th, 2017 by Saurenergy Not only NTPC will install Solar Thermal Hybrid Plant, but the Dadri unit in association with NTPC Energy Technology Research Alliance uses robotic dry cleaning of solar panels. National Thermal Power Corporation unit at Dadri is under process for the installation of Integrated Solar Thermal Hybrid Plant (ISTHP). As reported to TOI, the plant will […] Read more
Punjab Solar Power Firms Seek More Time for Setting up Units Updated On Mon, Jan 23rd, 2017 by Saurenergy Punjab Solar Power Producers have sought extension of deadline for construction of solar plants. Solar power producers in Punjab have sought extension of deadline for setting up projects that will be eligible for exemption from transmission and wheeling charges. Punjab electricity regulator had in January last year approved the exemption for renewable energy projects set […] Read more
Natcore’s 200 MW Vietnam Solar Project Receives Essential Government Approvals Updated On Wed, Jan 11th, 2017 by Saurenergy A US$300 million solar project managed by Natcore Technology Inc. (TSX-V: NXT; OTCQB: NTCXF) has been included in the list of selected projects for the development of solar energy in Vietnam’s Binh Thuan Province of Vietnam, and has been approved by the Province People’s Committee. Next up: confirmation by VietNam Electricity (EVN) and by the […] Read more
Rajasthan Government Exempts Electricity Duty for Rooftop Solar Updated On Mon, Dec 26th, 2016 by Saurenergy To further encourage the investments in renewable energy projects, the state government of Rajasthan has exempted electricity duty of 40 paise/unit for rooftop solar and captive units. The decision will help the state to reach closer to 2300 MW rooftop solar capacity by 2022, a target given to it by the Centre. The duty cut […] Read more
EDF EN Canada’s Vulcan Solar Project Receives Alberta Utilities Commission Approval Updated On Fri, Dec 16th, 2016 by Saurenergy EDF EN Canada a subsidiary of EDF Energies Nouvelles Group, announced the approval by the Alberta Utilities Commission (AUC) to construct and operate the Vulcan Solar Hybrid Energy Centre (Vulcan Solar Project). The proposed 77.5 megawatt (MWAC) solar photovoltaic (PV) facility is located in Vulcan County near the Village of Carmangay. Approval is granted subject […] Read more
Indian Government sanctions Rs 30 crore for solar cities programme Updated On Thu, Dec 15th, 2016 by Saurenergy Funds worth over Rs 30 crore have been sanctioned to 21 states and union territories under the solar cities development programme. These funds were sanctioned during the last three years till November 30 this year. Out of the total sanctioned amount of Rs 30.36 crore under the ‘Development of Solar Cities Programme’ for 21 states […] Read more
