World Bank announces to provide more than $1 billion for India’s solar project Updated On Thu, Jun 30th, 2016 by Saurenergy The World Bank Group has signed an agreement with India led International Solar Alliance (ISA) to work together on increasing solar energy use around the world, with the goal of mobilizing $1 trillion in investments by 2030. The agreement was signed in the presence of Finance Minister Arun Jaitley, Power, Coal, New and Renewable Energy minister Piyush […] Read more
EESL and TERI sign MoU for strategic partnership to achieve energy efficiency in India and abroad Updated On Thu, Jun 30th, 2016 by Saurenergy Energy Efficiency Services Limited (EESL) has entered into a strategic partnership with The Energy and Resources Institute (TERI) for two years. The MoU was signed between the two parties in the presence of Union Minister of State (IC) Power, Coal and New & Renewable Energy, Piyush Goyal. Under the MoU signed both the oraganizations will […] Read more
World Bank President Visits India today, talks on India’s Renewable Initiatives upfront Updated On Tue, Jun 28th, 2016 by Saurenergy World Bank President Jim Yong Kim will make a two-day visit to India exploring financial propositions, and also understand India’s efforts on renewable energy and nutrition. Kim in an official World Bank statement said, “I am very impressed with Prime Minister Narendra Modi’s reforms, and on this trip I want to explore how the World […] Read more
Solar Park in India: Scope, Status, Achievement, and Challenges Updated On Sat, Jun 25th, 2016 by Saurenergy India, with its large population and rapidly growing economy, needs access to clean, cheap and reliable sources of energy. The government with the Jawaharlal Nehru National Solar Mission has been promoting ecologically sustainable growth while addressing India’s energy security challenge. The Government of India’s ambitious plan to add 100 GW of solar capacity by 2022 […] Read more
By 2019 we will be in a position to deliver modules with 18.6% efficiency: Sujoy Ghosh, Country Head, First Solar, India Updated On Sat, Jun 25th, 2016 by Saurenergy First Solar is one of the leading global providers of comprehensive photovoltaic (PV) solar systems. The company’s integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. In an interview with Sujoy Ghosh, Country Head, First Solar, India shares his views on the various initiatives taken by the Government and company’s […] Read more
Amplus Solar acquires portfolio of commercial and industrial rooftop projects of SunEdison India Updated On Fri, Jun 24th, 2016 by Saurenergy Amplus Energy has acquired Sun Edison’s Indian Commercial and Industrial Rooftop Portfolio. Spread across India, the facilities provide on-site renewable power to leading Indian and global corporate customers. Sanjeev Aggarwal, Managing Director and CEO of Amplus said, “Amplus Solar is excited to acquire this high-quality portfolio. We have grown rapidly since an equity investment by […] Read more
CLP India, Suzlon form JV for 100MW solar project in Telangana Updated On Tue, Jun 21st, 2016 by Saurenergy CLP India, one of the largest foreign investors in the Indian power sector, and Suzlon Group have formed joint venture for a 100 MW solar project at Veltoor in Telangana. As per the agreement signed between CLP India and Suzlon, CLP India acquired 49% stake in SE Solar, a special purpose vehicle (SPV) set-up by […] Read more
Tata Power Renewable Energy signs SPA to acquire Welspun Renewables Energy Updated On Mon, Jun 13th, 2016 by Saurenergy Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed a Share Purchase Agreement (SPA) with Welspun Energy (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”). It is estimated to be Rs 9,500 crore ($1.4 billion) deal. This is one of the largest transactions in renewables space in […] Read more
8minutenergy to build 4GW solar photovoltaic project in India Updated On Sat, Jun 11th, 2016 by Saurenergy Independent solar developer in the U.S., 8minutenergy Renewables will setup 4GW solar photovoltaic project in India to help the country meet its aggressive renewable energy goals. A statement from White House said “8minutenergy Renewables will pursue a 4 GW solar photovoltaic project pipeline in India”. 8minutenergy’s commitment was made in tandem with Prime Minister Modi […] Read more