EDF Renewables, PGGM Ink Pact on Solar, Wind Projects in US Updated On Fri, Jun 22nd, 2018 by Saurenergy As per the deal, PGGM Infrastructure Fund will acquire 50 percent ownership interest in all the four projects and the total capacity of the portfolio of projects is 588 MW. Independent Power Producer (IPP) EDF Renewables has inked the Purchase and Sale Agreements (PSA) with PGGM Infrastructure Fund for its Red Pine Wind, Rock Falls Wind, Switch […] Read more
Solar-Wind Hybrid Power Policy Announced for Gujarat Updated On Fri, Jun 22nd, 2018 by Saurenergy The policy describes that any developer can set up a solar unit on the land meant for a wing power unit and vice versa. It allows the establishment of wind-solar units that are hybrid in nature. In order to enhance the generation of renewable energy in the state, a new wind-solar hybrid power policy was […] Read more
Solar Manufacturing Scenario of India Updated On Fri, Jun 22nd, 2018 by Saurenergy The incredible growth shown by Indian solar market is un-matching and an important for sector where the country can excel. Initiatives` like International Solar Alliance by India and multiple schemes that benefit the industry have been put in place. If fully harnessed the industry has a strategic importance for the country as it can save […] Read more
India’s Utility Solar Capacity Grows 72% in 2017-18, says Bridge To India Report Updated On Thu, Jun 21st, 2018 by Saurenergy The total solar installation was 10.4 GW, the rest comprising rooftop solar plants and off-grid solutions, taking India’s cumulative solar capacity to 24.4 GW, it said. Solar consultancy firm Bridge To India in its latest annual report on the sector said that India’s utility solar capacity grew by a whopping 72 percent in FY18 as […] Read more
Finland’s Fortum to sell 54% Stake in Indian Projects Updated On Fri, Jun 8th, 2018 by Saurenergy “This project demonstrates the growing maturity of India’s secondary market for renewables – creating an environment in which private investors have the confidence to invest in new greenfield projects that will accelerate the decarbonization of India’s economy” With an aggregate capacity of 185 MW in India, Finland’s Fortum sign an agreement to sell a 54% […] Read more
SoftBank CEO Masayoshi Son may Meet PM Modi for $60 Bn Solar Project Updated On Fri, Jun 8th, 2018 by Saurenergy Being the hub of investment as far as solar industry is concerned, countries like China and now Japan’s tech giant SoftBank are eyeing to grab a major pie in the clean energy segment in India. In the coming years, India is expected to go through the biggest revolution in solar energy. The country which has […] Read more
ACME Group Won 50 MW Solar Power Project in SECI Reverse Auction Updated On Fri, Jun 8th, 2018 by Saurenergy It is a very tough project due to site access, soil condition, difficult contour, high wind speed and lower GHI (Global Horizontal Irradiance). The tariff remains lower than forbearance price of Rs 3.48 per unit. In an auction conducted by Solar Energy Corporation of India (SECI), ACME Group said it has won 50 MW solar […] Read more
Greenko in Advance Stages of Buying Essel Infra’s Solar Biz Updated On Tue, Jun 5th, 2018 by Saurenergy When contacted, an Essel spokesperson told sources, “As an infrastructure conglomerate, we keep on evaluating various opportunities. However, we would not like to comment on market speculation.” Greenko also declined to comment on the deal. A part of Subhash Chandra-led Essel group, Essel Infraprojects is in advance stage of selling 685 MW solar business to […] Read more
Campaigns to Raise Awareness of Solar Energy Important, says Manipur Dy CM Updated On Sat, Jun 2nd, 2018 by Saurenergy Manipur Deputy Chief Minister Yumnam Joykumar Singh said that the public awareness campaigns are necessary and should be initiated to raise the awareness about the importance of solar energy. In order for any project to be successful, public awareness is really important, and that is true for solar energy and its importance in the country […] Read more
