CleanMax aims to install 400MW rooftop solar in next two years Updated On Mon, Sep 19th, 2016 by Saurenergy Buoyed by the Centre’s increased focus on renewable energy sector, solar solutions provider CleanMax Solar is looking to enhance its rooftop installed capacity by nearly eight-fold to about 400 MW in the next two years, a top company official said. Kuldeep Singh, Managing Director, CleanMax told PTI that “With a current installed rooftop solar capacity […] Read more
IBC Solar acquires EPC for 22.5 MW solar park in India Updated On Fri, Sep 16th, 2016 by Saurenergy German photovoltaic (PV) systems specialist IBC Solar has signed an EPC contract for a 22.5-MWp photovoltaic (PV) park in the Indian state of Rajasthan. The construction will commence from October, and is expected to be commission by April 2017. Shailendra Bebortha, IBC Solar Projects Managing Director said that “With this project, IBC Solar India will […] Read more
Tata Power acquires WREPL through share purchase agreement Updated On Thu, Sep 15th, 2016 by Saurenergy TPREL (Tata Power Renewable Energy Ltd), an arm of Tata Power, has completed 100 percent share purchase in WREPL (Welspun Renewable Energy Pvt Ltd) and its subsidiaries. Earlier in June, the company had announced that TPREL will acquire WREPL through a share purchase agreement (SPA) at an enterprise value of Rs 9249 crore, subject to […] Read more
Hyderabad based Greenko Group to purchase 1GW assets of SunEdison in India Updated On Wed, Sep 14th, 2016 by Saurenergy Greenko Energy Holdings, a Hyderabad-based firm has agreed in principle to proceed with a purchase of roughly 1GW of solar assets owned by SunEdison in India. The Hyderabad-based energy firm has more or less agreed the transaction after meeting with the SunEdison’s restructuring officer. It is expected that the bankrupt US company will be selling […] Read more
Coal India to develop solar power plants of 600 MW capacity in four states Updated On Mon, Sep 5th, 2016 by Saurenergy Coal India Limited (CIL) is reportedly planning to set up 600 MW solar power plants in four states, including West Bengal and Maharashtra. This project comes under agreement CIL signed with SECI to set up a total 1,000 MW green energy plants in different part of the country reports PTI. The Solar Energy Corporation of […] Read more
Odisha Government faces hurdle in acquiring land for 1000MW solar park Updated On Sat, Sep 3rd, 2016 by Saurenergy Unable to acquire a single patch of 5000 acres for its ambitious 1000 MW solar park, the state government of Odisha is now looking for alternative different spaces in clusters to develop the proposed solar park. The chief secretary has asked the Odisha Industrial Infrastructure Development Corporation (IDCO), state’s nodal agency for land acquisition, to […] Read more
Solar Installations in India to Reach 4.8 GW in 2016: Mercom Capital Updated On Fri, Sep 2nd, 2016 by Saurenergy Mercom Capital Group in its quarterly update on the Indian solar market revealed that solar installation in India will reach 4.8GW in calendar year 2016. The solar project pipeline in India is now approximately 21 GW, with 14 GW under development and 7 GW scheduled to be auctioned. India has reached 2.8 GW in solar […] Read more
Odisha aims to install 70MW rooftop solar by 2022: Report Updated On Thu, Sep 1st, 2016 by Saurenergy Odisha is reportedly targeting 70MW of rooftop solar by 2022. Odisha Renewable Energy Development Agency (OREDA) has already received multiple residential applications for the installation of rooftop solar reports PV Tech. Ashok Choudhury, deputy director of projects at the Odisha Renewable Energy Development Agency (OREDA), speaking to the publication said it will cost around Rs. […] Read more
The banking system in India is not well developed compared to other countries: Gautam Mediratta, Manager-BD, Rays Power Infra. Updated On Wed, Aug 31st, 2016 by Saurenergy RPIPL is one of the snowballing EPC Companies of India. The company leverages Consulting-Engineering-Contracting-Commissioning services with practicing expertise in the renewable power plant and transmission industry. Gautam Mediratta, Manager-BD, Rays Power Infra takes us inside the Industry’s temporal lobe. What is stopping us from building a Truly Massive solar power plant in India when this […] Read more
