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
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
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
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
Tamil Nadu to Get 500MW Solar Power Plants at Rs 2170 crore Updated On Fri, Feb 3rd, 2017 by Saurenergy NLC India Limited has released tenders to set up solar power plants in various parts of Tamil Nadu NLC India Limited has proposed to set up solar power plants at the cost of Rs 2170 crore with a total capacity of 500 Megawatt in various parts of Tamil Nadu. The company has floated tenders and […] Read more
BHEL Aims to Enhance Solar PV Business Updated On Wed, Feb 1st, 2017 by Saurenergy BHEL has invested Rs. 300 crore to enhance the solar PV cell making capability to 225 MW. State-run engineering major Bharat Heavy Electricals Limited (BHEL) is internally aiming to cut down its dependence on thermal power business from 80 per cent to 50 per cent in the next 10 years, and include solar PV cell […] Read more
Floating Solar Panels Market Size to Reach USD 2.70 Billion by 2025 Grand View Research Updated On Tue, Jan 31st, 2017 by Saurenergy Grand View Research expects the floating solar panel technology to foresee abundant growth over the forecast period on account of rapid demand primarily in Asia Pacific. Rising installations in China and Japan coupled with upcoming commercial projects in India is likely to fuel growth over the projected period. According to a new report by Grand […] Read more
El Salvador Awards Solar PV Project at 4.955¢ Per Kilowatt-Hour Updated On Tue, Jan 31st, 2017 by Saurenergy El Salvador, a small Central American nation awards solar PV power projects at competitive tariffs rates A small Central American country giving competition to a renewable energy giant like India in solar PV power tariff bids does not seem quite right, but this is indeed true in the case of El Salvador. According to media […] Read more
Celestica to Exit Solar PV Panel Manufacturing Business Updated On Tue, Jan 31st, 2017 by Saurenergy Celestica Announces Exit from the Manufacturing of Solar PV Panels Celestica Inc. has announced to exit the manufacturing of solar PV panels. The company quotes disclosed PV market instability and global oversupply of solar panels which have continued to negatively impact its solar PV panel manufacturing business, including the pricing and demand for solar PV […] Read more
