Tata Power’s Renewable Biz Shines in Q3 FY19; Now Brings Rooftop Offer to Cochin Updated On Wed, Jan 30th, 2019 by Saurenergy During the quarter, its consolidated revenue rose by 16 percent at Rs 7,571 crore as compared to Rs 6,506 crore last year. Country’s one of the leading integrated power company, Tata Power’s renewable energy business showed impressive growth during the October-December quarter of FY19 as its consolidated EBITDA grew by 9 per cent to Rs […] Read more
European Companies Set Record For Wind Power Deals Updated On Wed, Jan 30th, 2019 by Saurenergy European companies bought a record amount of wind power last year, as businesses looked for greener ways to drive their machinery and data centres. As wind power becomes competitive on price with conventional energy in many countries, big companies have rushed to secure renewable energy to manage costs and reduce their carbon emissions, while boosting their image with […] Read more
AfDB Approves $25 Mn Fund For Renewable Energy Projects in Africa Updated On Wed, Jan 30th, 2019 by Saurenergy The Fund’s strategy is to prioritize projects with a clear timeline to financial close, with emphasis on de-risking early stage greenfield projects. The African Development Bank Group (AfDB) has approved an equity investment of up to $25 million in ARCH Africa Renewable Power Fund (ARPF), a US$ 250 million private equity fund for renewable energy […] Read more
UAE’s Yellow Door Energy Raises $65 Million Updated On Wed, Jan 30th, 2019 by Saurenergy The investment comes from IFC, Mitsui, Equinor, APICORP and Adenium and will be used to expand distributed solar and energy efficiency solutions into new markets. Yellow Door Energy, a UAE-based leading solar developer, announced that it has raised $65 million in Series A financing to scale its investments in solar energy and energy efficiency solutions […] Read more
Samsung’s Bengaluru R&D Centre Switches to Solar Energy Updated On Wed, Jan 30th, 2019 by Saurenergy Through ‘energy wheeling’, the solar farm adds the required power to the state electricity grid and SRI-B in turn, receives an equal amount of power from the local electricity grid. Samsung’s R&D centre in Bengaluru (SRI-B) has switched to solar power to light up its campus situated in the country’s IT capital. The campus which […] Read more
Tender for Geo-Technical Study of 500 MW Kadaladi Solar Park to Close on Jan 31 Updated On Wed, Jan 30th, 2019 by Saurenergy The last date for bid-submissions is January 31, 2019. And the bids will open on the same day I.e. January 31, 2019. The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) has issued a tender for conducting geotechnical testing for the establishment of its 500 MW Kadaladi Solar Park in the Ramanathapuram District of Tamil Nadu. […] Read more
SolarMaxx Celebrates 10 Years of Excellence Updated On Wed, Jan 30th, 2019 by Saurenergy SolarMaxx is celebrating 10 years of its continued mission of delivering highly efficient, clean energy systems. It is celebrating the hundreds of customers across India who had been empowered in the last decade to rethink their energy strategy, reduce energy expenses and transform how they do business by switching to clean energy. The company is […] Read more
President Sanctions Implementation of 1 GW Subset of Existing 5 GW VGF Solar Scheme Updated On Wed, Jan 30th, 2019 by Saurenergy Bidding will be conducted by SECI with capping the tariff at Rs 3 per unit, with a maximum VGF of Rs 1 Crores/MW. The Ministry of New and Renewable Energy (MNRE) has issued an order for the implementation of a subset of existing 5 GW Viability Gap Funding (VGF) scheme for setting up of 1 […] Read more
SECI Issues Tender for 3 GW Solar Linked with 1.5 GW Manufacturing Updated On Wed, Jan 30th, 2019 by Saurenergy The detailed RfS document will be available for download from 18:00 hrs on January 30, 2019. The Solar Energy Corporation of India (SECI) has issued a tender for selection of solar power developers for setting up of a 3 GW ISTS connected solar PV power plant linked with setting up of 1.5 GW (per annum) solar […] Read more
