ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India Updated On Wed, Jan 18th, 2017 by Saurenergy ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […] Read more
Recurrent Energy Announces Commercial Operation of Two Solar PV Projects in California Updated On Wed, Jan 18th, 2017 by Saurenergy The two solar pv projects 100 MWac/131 MWp Astoria and 75 MWac/100 MWp Astoria 2 is located in Kern County, California Recurrent Energy, a wholly owned subsidiary of Canadian Solar has reached commercial operation of two solar PV projects in California. The two solar photovoltaic projects 100 MWac/131 MWp Astoria and 75 MWac/100 MWp Astoria […] Read more
Boaz Augustin, Chairman and MD of Borg Energy India Arrested For Defrauding Firms Updated On Wed, Jan 18th, 2017 by Saurenergy Borg Energy India Pvt Ltd is subsidy of Borg Inc. USA which is the largest solar power equipment manufacturing company in the world Hyderabad Police has arrested Boaz Augustin, Chairman and Managing Director of Borg Energy India Pvt Ltd for defrauding various firms to the tune of about Rs 100 crore. Cybercrime police of Detective […] Read more
Amplus plans to Acquire Solar Power Firm Kiran Energy Updated On Wed, Jan 18th, 2017 by Saurenergy Amplus Energy, through investor I Squared Capital, plans to acquire Solar Power Firm Kiran Energy Amplus Energy Solutions Pvt. Ltd, which has offered to sell solar power at a record-low tariff, has evinced interest in acquiring Kiran Energy Solar Power Pvt. Ltd, as reported on Mint. Amplus, backed by US private equity (PE) firm I […] Read more
Tata Power Become Largest Renewable Energy Company In India with 3,060 MW operating capacity Updated On Tue, Jan 17th, 2017 by Saurenergy The company is also in the process of implementing nearly 500 MW of renewable power projects at various locations. Tata Power announced that the Company’s total generation from non-fossil operating capacity stands at 3060 MW, making it the largest renewable energy Company in India. The company’s renewable energy portfolio comprises of 693 MW of Hydro, […] Read more
SPML Infra wins orders to develop solar power projects across the nation Updated On Tue, Jan 17th, 2017 by Saurenergy SPML Infra bags New Orders of Rs 800 crore, including rooftop solar power plant SPML Infra Ltd. has bagged new orders worth Rs 800 crore for various projects for developing power substation, rooftop solar power plant, water and wastewater treatment and municipal solid waste management projects from different states across the country. The company’s Chairman […] Read more
Cherrytree Group Announces Solar Power Investment Fund Updated On Tue, Jan 17th, 2017 by Saurenergy Cherrytree teamed with Durham, New Hampshire developer Golden Goose Renewables to create the fund, which invested in three new utility-scale solar power facilities The closing of an individual investor tax credit fund dedicated to commercial solar power generation projects was announced by Cherrytree Group, a Newton, Massachusetts tax credit advisory firm. Cherrytree teamed with Durham, […] Read more
Energy Storage India 2017 Brings Global Industry Leaders in Energy Storage and Micro-grids to India Updated On Mon, Jan 16th, 2017 by Saurenergy Energy Storage India Conference and Expo was held at the Nehru Convention Centre in Mumbai, organized by Customized Energy Solutions and Messe Dusseldorf India, powered by India Energy Storage Alliance. Mumbai recently hosted a specialized International Conference and Expo on Energy Storage and Microgrids with over 250 delegates and 1000+ visitors. The 4th edition of […] Read more
Tesla to install 70MW solar farm to power its Gigafactory in Nevada: Report Updated On Mon, Jan 16th, 2017 by Saurenergy Tesla is planning to install 70MW solar farm in a bid to reduce Gigafactory’s dependency on fossil fuel and meet the power needed by the facility Tesla is reportedly planning to power its Gigafactory in Nevada with a 70MW solar farm. Electrek citing a company investor relations document reports that the 70-megawatt solar array installation […] Read more