Suzlon acquires five solar companies to implement various renewable energy projects Updated On Wed, Apr 20th, 2016 by Saurenergy Suzlon Energy Ltd on Tuesday announced that it has acquired five solar energy companies for an undisclosed sum to help implement various renewable energy projects across the country. The firm informed BSE in a regulatory filing that it has acquired Gale Solarfarms, Tornado Solarfarms, Abha Solarfarms, Aalok Solarfarms and Shreyas Solarfarms to implement various renewable […] Read more
Piyush Goyal Releases Report of Technical Committee on Large Scale Integration of Renewable Energy Updated On Mon, Apr 18th, 2016 by Saurenergy Power, Coal and New and Renewable Energy minister Piyush Goyal has released Report of the Technical Committee on Large Scale Integration of Renewable Energy, Need for Balancing, Deviation Settlement Mechanism (DSM) and associated issues. He also launched Ancillary Services Operations in India. Speaking on the occasion, Goyal said that this is going to be a […] Read more
Orange Renewable signs PPA with SECI for 100-MW solar power project in Maharashtra Updated On Sat, Apr 16th, 2016 by Saurenergy Orange Renewable on Friday signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) for development of a 100-MW solar power project in Maharashtra. As per the agreement the 100 per cent subsidiary of Singapore-based AT Holdings Pte, Orange Renewable will develop a 100 megawatt (MW) solar power project under Jawaharlal Nehru […] 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
EDF Renewable Energy signs 15 year PPA with a California Utility for 111 MWac Solar Project Updated On Thu, Apr 7th, 2016 by Saurenergy EDF Renewable Energy has signed a 15-year Power Purchase Agreement with Southern California Edison (SCE) for 111.2 megawatt alternating current (MWac) solar project. The Valentine solar project will deliver clean electricity to SCE starting December 2019. Valentine Solar spreads across 1,260 acres of private land in Kern County’s Mojave Desert, adjacent to company’s Catalina Solar […] Read more
Welspun Renewables’ extends Solar Capacity in Punjab Updated On Sat, Mar 5th, 2016 by Saurenergy Welspun Renewables is reported to have extended it solar capacity in Punjab by 4 MW (AC). Evaluating Punjab to a green energy run, the latest addition comes is thenceforth of its 32 MW (AC) Bathinda solar project. The two projects combined together will be annually feeding 54.37 million units of clean energy to the grid. Consequent […] Read more
Geronimo Energy sells a 66-MW portfolio of Minnesota Community Solar Garden developments to BHE Renewables Updated On Sat, Mar 5th, 2016 by Saurenergy Geronimo Energy has announced the sale of its second portfolio of Minnesota Community Solar Garden developments (“the Portfolio”) to subsidiary of Berkshire Hathaway Energy, the BHE Renewables. Geronimo Energy’s Portfolio include a total of 66 megawatts (“MW”) of solar garden projects spread across 21 locations and 16 Minnesota counties, which will be completed by the […] Read more
3000 Indian villages to get electricity through renewable energy sources under the DDUJGY scheme: Piyush Goyal Updated On Fri, Mar 4th, 2016 by Saurenergy Government is gearing up to electrify about 3000 villages through renewable energy sources. Minister of State (IC) for Power, Coal and New & Renewable Energy- Piyush Goyal said that out of un-electrified villages, about 3000 villages to be electrified through renewable energy sources under the DDUJGY scheme. Union Finance Minister Arun Jaitley in his budget […] Read more
MNRE invites Comments / Views on Implications of GST on delivered cost of Renewable Energy by 15th March. Updated On Wed, Mar 2nd, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) has invited comments and views of the implications of Goods and Service Tax (GST) on delivered cost of Renewable Energy by 15th March, 2016. To understand implication of GST on the delivered cost of renewable energy MNRE commissioned a study in July 2015 which then stated that implementation […] Read more
