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
SOVA SOLAR Gripping the mainstream of Indian Solar Industry Updated On Tue, Apr 18th, 2017 by Saurenergy “ To take our manufacturing excellence to the next level we have completely automated our manufacturing facility in January. This will help us to provide world-class PV modules within a reduced timeline and higher efficiency. We aim to achieve 1 GW manufacturing capacity by 2018. The company has also announced new international EPC venture in […] Read more
DMRC Signs PPA with Madhya Pradesh for Sourcing Electricity from Rewa Solar Power Plant Updated On Tue, Apr 18th, 2017 by Saurenergy Delhi Metro Rail Corporation has inked a pact with Delhi Metro Rail Corporation for 24 percent electricity from Rewa ultra mega solar power project. Madhya Pradesh government will sign a power purchase agreement (PPA) with the Delhi Metro Rail Corporation (DMRC) on April 17 to supply 24 per cent of electricity generated from the Rewa […] Read more
MEDA Deprives 300 Solar Power Consumers of Sanctioned Subsidy Updated On Mon, Apr 17th, 2017 by Saurenergy Maharashtra Energy Development Agency has stripped around 300 solar power consumers from central government subsidy. Change in norms by Maharashtra Energy Development Agency (MEDA) has deprived over 300 solar power consumers of central government subsidy. Solar consumers have demanded that MEDA and state energy ministry should take a sympathetic view of their cases and sanction […] Read more
UBM India Commences Second edition of RenewX in Hyderabad Updated On Mon, Apr 17th, 2017 by Saurenergy launched the second edition of RenewX was held in Hyderabad on April 7-8, witnessing a congregation of South India’s green economy community. UBM India, organizers of Renewable Energy India ( REI ) Expo launched the second edition of RenewX, a two day expo (April 7-8 ) at Hitex, Hyderabad. The expo witnessed a congregation of […] 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
IDFC Alternatives looking to buy First Solar’s 200 MW assets in India for $200 million: Report Updated On Thu, Apr 13th, 2017 by Saurenergy IDFC Alternatives is interested in acquiring First Solar’s 200 MW power generation assets price valued at around Rs 200 million. IDFC is reportedly in talk with First Solar to buy its 200 MW worth of renewable energy assets in India. Live Mint citing close sources to the development reports that IDFC Alternatives is interested in […] Read more
Amaranto Launches Solar Investment Arm in India Targeting the Acquisition of 500 MW by 2018 Updated On Wed, Apr 12th, 2017 by Saurenergy Already active in India since 2016, Amaranto acquires 110 MW solar power project and aims to build 500MW of solar PV projects in various Indian states over the next three to four years. Renewable energy firm Amaranto Group has launched an investment arm; Amaranto Solar Power India dedicated to acquiring Solar PV projects in the […] Read more
SB Energy Commissions 350 MW Solar Power Project in Andhra Pradesh Updated On Wed, Apr 12th, 2017 by Saurenergy SB Energy, the joint venture firm of SoftBank has successfully commissioned its 350 MW solar power project in Andhra Pradesh under the Jawaharlal Nehru National Solar Mission at a 25-year tariff of Rs 4.63 per kilowatt-hour (kWh). SB Energy Holdings today announced the commencement of commercial operation of its 350 MW solar power plant in […] Read more
