BUY or LEASE Your Solar panel system? Updated On Tue, Nov 15th, 2016 by Saurenergy Rooftop solar market in India is speculated to add new capacity of 700 MW in 2016 – 15% of total solar capacity addition this year. According to Bridge to India, the cumulative capacity crossed 1 GW by September and is growing at a sizzling 300% over last year. Ministry of Finance has reduced depreciation rate […] Read more
OPIC, ReNew Power enters into an agreement for 100 MW solar project in Telangana Updated On Tue, Nov 15th, 2016 by Saurenergy U.S. Government’s development finance institution, Overseas Private Investment Corporation (OPIC) has signed an agreement with ReNew of approximately $74 million for a 100 MW solar project in Telangana. Announced during the 22nd session of the United Nations Framework Convention on Climate Change Conference of Parties (COP22), this project is expected to diversify the country’s power […] Read more
8point3 Energy Partners to acquire First Solar’s 34 percent stake in its 300 MW Stateline solar project Updated On Tue, Nov 15th, 2016 by Saurenergy 8point3 Energy Partners has entered into an agreement to acquire First Solar’s 34 percent stake in its 300-megawatt (MW) Stateline solar project for USD 329.5 million. The project is expected to generate approximately $32 million in average annual pre-tax cash distributions and has a 20 year contract life. The transaction is expected to close on […] Read more
Tata Power Solar honored with D&B Infra Awards 2016 for operational excellence in solar rooftop space Updated On Mon, Nov 14th, 2016 by Saurenergy Tata Power Solar, India’s largest integrated solar company, won the ‘D&B Infra Awards 2016’ in the project based category for financial and operational excellence in commissioning 12 MW solar rooftop project for R.S.S.B. EDUCATIONAL & ENVIRONMENTAL SOCIETY (RSSB-EES). The awards presented by Dun & Bradstreet (DnB), into its 6th edition, felicitated 22 of India’s leading […] Read more
Etrion to Sell Italian Solar Portfolio to Ultor Updated On Mon, Nov 14th, 2016 by Saurenergy Etrion Corporation has signed definitive sale and purchase agreement with Ultor S.p.A, a joint venture owned equally by Enel Green Power S.p.A. and Fondo Italiano per le Infrastrutture. Under the agreement Ultor will purchasing Etrion’s 60-megawatt (“MW”) Italian solar portfolio for initial cash consideration of Euro 78 million and the assumption of related project-level debt […] Read more
Solar powered Telecom Towers Helping Rajasthan Villages Catch Up On The “Digital India” Trail Updated On Mon, Nov 14th, 2016 by Saurenergy Solar powered telecom towers helping people in remote villages of Rajasthan’s Alwar district to be part of ‘Digital India’ initiative. People including women from villages like Karenda, Phalsa and Bahadari, in Rajasthan are connected to the internet and mobile telephone under an initiative of a private company; however, the villages lack basic facilities like road, […] Read more
Lightsource dives into the Indian solar market Updated On Mon, Nov 14th, 2016 by Saurenergy UK’s largest solar energy generator Lightsource Renewable Energy has dived into the Indian solar market and reportedly spearheading massive investment in solar segment in the country. Early this year in September the company bagged 50 MW solar project out of 450MW tendered in Maharashtra. Lightsource recently in a statement said that it is looking to […] Read more
Western Railway to install 2 MW solar panels at its suburban stations Updated On Sat, Nov 12th, 2016 by Saurenergy To reduce carbon footprint, the Western Railway will be setting up solar panels at around 30 locations- with a total capacity of 2 MW. The installed solar plant will provide power for its non-traction work. Western Railway expects to reduce dependence on energy from coal-fired plants by around 10% and save lakhs of rupees in […] Read more
Gujarat Alkalies and Chemicals Ltd. approves to set up 15 MW of solar plant Updated On Fri, Nov 11th, 2016 by Saurenergy Gujarat Alkalies and Chemicals Ltd. has approved to put up a solar power on EPC basis. At the meeting held on 10th November 2016, Board of Directors of the Company has taken a decision to set up a 15 MW Solar Power Plant on EPC basis at an estimated project cost of Rs. 100 Crores. […] Read more
