Hyderabad based Greenko raises 155 Million Dollars Equity from GIC and Abu Dhabi Investment Authority Updated On Tue, Mar 28th, 2017 by Saurenergy India’s Greenko Energy has raised $155 million equity funding from ADIA and an affiliate of global investment firm GIC to expand its clean energy portfolio to 3 GW from 2GW. Indian renewable energy firm Greenko Energy Holdings has signed up primary equity funding of $155 million (about Rs 1008 crore) from an affiliate of global […] Read more
BJP Government’s Big Solar Push Could Run into Land Hurdle: Here is Why Updated On Tue, Mar 28th, 2017 by Saurenergy India’s record with solar power generation does not offer reasons to be optimistic either. With just a few days left for end of financial year 2016-17, India still has over 70 per cent of its target to achieve, while targets for upcoming years are even higher. The Union cabinet decided last month to double India’s […] Read more
Manildra Solar Farm reaches financial close: First Solar Updated On Mon, Mar 27th, 2017 by Saurenergy The Manildra Solar Farm will take First Solar’s installed capacity in Australia to more than 400MWAC when it is complete in 2018 First Solar has announced that financial close has been reached for the 48.5 MW Manildra Solar Farm in New South Wales (NSW), Australia. First Solar will leverage its expertise in utility-scale solar development […] Read more
Piyush Goyal reiterates India’s commitments to combat Climate Change at the ‘World Conference on Environment 2017’ Updated On Mon, Mar 27th, 2017 by Saurenergy Piyush Goyal noted that the largest loss experienced due to climate change is to the poorest and the underprivileged section of the society Union Minister of State (IC) for Power, Coal, New and Renewable Energy and Mines, Piyush Goyal, addressing an august gathering at the ‘World Conference on Environment 2017’ said that such conferences are […] Read more
Engine manufacturer Wärtsilä to supply a solar PV plant to Burkina Faso Updated On Mon, Mar 27th, 2017 by Saurenergy Wärtsilä’s scope covers the engineering, procurement & construction (EPC) for the solar PV power plant at a gold mine in Burkina Faso, including the control system for the hybrid plant. The Finnish group, Wärtsilä has announced that it will supply a 15 MWp solar PV power plant to Essakane Solar SAS in Burkina Faso. The […] Read more
Solar Power Tariffs in India Have Plunged by 73 Percent Since 2010 Updated On Fri, Mar 24th, 2017 by Saurenergy Since 2010, India’s solar power tariff rate has been reduced to record low, especially in the auction conducted at the Rewa Solar Park. India’s solar sector recently reached record low tariff levels in the auction conducted at the Rewa Solar Park in the state of Madhya Pradesh. India was one of the first countries to […] Read more
NTPC commissions 20MW of Bhadla Solar Power Project in Rajasthan Updated On Thu, Mar 23rd, 2017 by Saurenergy “With this, the commissioned capacity of Bhadla Solar Power Project, NTPC and NTPC group, has become 205 MW, 41,927 MW and 48,893 MW respectively” NTPC has announced that it has commissioned 20 megawatt (MW) of Bhadla Solar Power Project in Rajasthan. “We wish to inform that 20 MW of Bhadla Solar Power Project has been […] Read more
RPO Compliance Needs To Improve Fast for India to Meet its Solar Installation Targets: Mercom Capital Updated On Wed, Mar 22nd, 2017 by Saurenergy India needs to install 90 GW of solar in five year – at a rate of 18 GW per year. Most states have specified RPO targets. However, due to the lack of enforcement of RPO regulations and the absence of penalties when obligations are not met, many of the state DISCOMs (distribution companies) are not […] Read more
HH Sheikh Mohammed bin Rashid Al Maktoum Inaugurates 200MW Second Phase of the Mohammed bin Rashid Solar Park Updated On Tue, Mar 21st, 2017 by Saurenergy Second phase of the Mohammed bin Rashid Al Maktoum Solar Park can generate clean energy for 50,000 residences in Dubai, and will reduce 214,000 tonnes of carbon emissions annually HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE inaugurated 200 megawatt (MW) second phase of the Mohammed bin Rashid Al […] Read more