HP tapped less than one per cent of its solar power potential CAG Updated On Fri, Apr 15th, 2016 by Saurenergy Comptroller and Auditor General of India in its report said that Himachal Pradesh has been able to tap less than one per cent of its solar power potential. According to the report HP has installed 3.29 MW solar power till March 2015 against its potential of 33,000 MW. The report also stated that Himachal Pradesh […] Read more
Hindustan Power’s First Phase of 2,520 MW Anuppur thermal power project now Operational Updated On Thu, Apr 14th, 2016 by Saurenergy Hindustan Power announces that the company has successfully accomplished the commissioning of Phase 1 (1,200 MW) of its flagship 2,520 MW Anuppur thermal power project in Madhya Pradesh. The project strategically located near the Coal Mines of SECL/CIL was reportedly commissioned on 30th March 2016 at a cost of Rs 8,000 crores. Operating at 100% […] Read more
Indian Banks edgy, as Solar Companies fails to deliver Updated On Thu, Apr 14th, 2016 by Saurenergy What could make Prime Minister Narendra Modi’s plans of capitalizing $100 billion of solar power from foreign investments edgy? Indeed, an In-Flow and Out-Flow leeway of Investment and Finance. The global renowned US Company, SunEdison standstill on at least $1.4 billion of loans and credit facilities, is seeking to sell as much as 1 gigawatt(GW) […] Read more
Hindustan Power commissions 30 MW solar farm in the Mansa district of Punjab Updated On Wed, Apr 13th, 2016 by Saurenergy The clean energy arm of Hindustan Power has commissioned a 30 MW solar farm in Mansa district of Punjab. The company has invest Rs. 200 crore for the mid-sized, grid-connected solar farm to tap the solar energy potential of the stateestimated at 4-7 KWH/sq.mtr of solar insolation levels—and enable Punjab to achieve its renewable purchase […] Read more
Canada-based solar firm SkyPower Global looking to shed equity in Madhya Pradesh project Updated On Tue, Apr 12th, 2016 by Saurenergy After SunEdison, a Canada-based solar firm SkyPower Global is looking to exit from the Indian market. Last year in July the firm bagged contracts to set up solar plants of 150 MW in Madhya Pradesh and now it is looking to offload equity. According to ET SkyPower Global has approached two leading India based renewable […] Read more
Over Rs. 71,200 crore sanctioned for Renewable Energy Sector by Banks & NBFCs since February, 2015 Updated On Mon, Apr 11th, 2016 by Saurenergy Banks & Non-Banking Financial Companies (NBFCs) have sanctioned over Rs. 71,201.54 crore to finance various renewable energy projects and disbursed Rs. 29,529.57 crore against the sanctioned amount since February 2015 till 21 March, 2016. During RE-INVEST 2015, 40 major Banks and Non-Banking Financial Companies (NBFCs) committed to provide debt funding to Renewable Energy Projects aggregating […] Read more
Govt. upbeats Solar Power Generation to 48GW by 2019 Updated On Mon, Apr 11th, 2016 by Saurenergy Eyeing the indigenous growing solar reputation, the government is aiming to extend the solar power generation capacity to 48GW by early 2019, giving an early deed to the promising 100 GW National Solar Mission chalked by 2022. Latest projections from The Ministry of New and Renewable Energy (MNRE), has benchmarked a target generating 48GW grid […] Read more
Intersolar India joins forces with HUSUM Wind Updated On Sat, Apr 9th, 2016 by Saurenergy HUSUM Wind has announced entering into strategic partnership with Intersolar. From October 19 to 21, 2016, the renowned exhibition for wind energy will be represented with a special area at India’s largest exhibition where around 230 exhibitors and over 11,000 visitors are expected to attend and conference for the solar industry in Mumbai. Intersolar in […] Read more
MNRE releases year wise cumulative target to achieve 100GW Grid connected Solar Power Project Updated On Thu, Apr 7th, 2016 by Saurenergy Ministry of New and Renewable Energy has chalked out year wise and cumulative target to achieve 1,00,000 MW Grid connected Solar Power Project by the year 2021-22 under National Solar Mission. The ministry notes that in case of major events, such as shortage of panels in international market or in the domestic market, a portion […] Read more
