Mahindra Renewables gets Rs 750 cr Assistance from Yes Bank for Rewa Solar Proj Updated On Sat, Mar 17th, 2018 by Saurenergy This project also demonstrates Mahindra Group’s commitment and focus towards renewable energy by partnering with leading banks like Yes Bank, which has a significant renewable energy footprint, says Zhooben Bhiwandiwala. Mahindra Renewables has achieved financial closure for its 250 MW solar power project, to be located in Rewa district of Madhya Pradesh with Yes Bank for […] Read more
Radite Energy Bags 1.4 MW for India Expo Centre Noida From Amplus Solar Updated On Fri, Mar 16th, 2018 by Saurenergy Radite has already commissioned power projects of total 200 MW in India and planning to expand their businesses in the manufacturing of solar structure system. In a significant development, Radite Energy, Gurgaon based Company has bagged 1.4 MW from Amplus Solar for India Expo Centre at Noida here. According to the company statement, the company […] Read more
India, France ink Renewable Energy Contracts under ISA Umbrella Updated On Fri, Mar 16th, 2018 by Saurenergy In new & renewable energy sector, India’s one of the leading solar manufacturer and EPC player Vikram Solar has signed a collaboration pact with the French Alternative Energies and Atomic Energy Commission (CEA). Under the umbrella of International Solar Alliance (ISA), Indian and French companies have signed various business contracts and agreements in the new […] Read more
Mirzapur Solar Plant gets Rs 74.25 lk per MW Viability Gap Funding from Govt Updated On Thu, Mar 15th, 2018 by Saurenergy The electricity generated by the project will be supplied by ENGIE at the rate of Rs 4.43 per unit for a period of 25 years. The Mirzapur’s 75 MW solar power plant, set-up by the French firm ENGIE at a cost of around Rs 528 crore, has got Rs 74.25 lakh per MW Viability Gap […] Read more
Policy measures for promotion of new & renewable energy Updated On Thu, Mar 15th, 2018 by Saurenergy Total capacity of 65 GW renewable energy installed in the country so far The Government of India has undertaken a number of policy measures for increasing share of renewable energy in India’s energy mix. These, inter-alia, include: a) Provision of Renewable Purchase Obligation (RPO) under the National Tariff Policy; b) Notification of the long term […] Read more
IBC Solar Connects 3 Mw Solar Power to the Grid in India under Open Access Updated On Thu, Mar 15th, 2018 by Saurenergy The now inaugurated project is IBC solar’s first solar park under this provision. LNB Renewable Energy executed the complete project development, approvals and transmission line works whereas IBC solar performed the EPC. IBC Solar, German solar systems provider, has widened its business in India. Recently, the inauguration ceremony took place at the plant site in […] Read more
KUSUM Scheme – harnessing solar power for rural India Updated On Thu, Mar 15th, 2018 by Saurenergy Solar water pumps to be installed in remote areas for irrigation needs Farmers can get extra income by selling surplus solar power to DISCOMs The Government of India is in the process of formulating a Scheme ‘Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM)’ which, inter alia, provides for: (i) installation of grid-connected solar power plants […] Read more
UP’s Biggest Solar Power Plant Sets up via Transparent Auction: Govt Updated On Thu, Mar 15th, 2018 by Saurenergy The plant, built at a cost of around Rs 528 crore, will generate 13 crore units of electricity per annum. The government said the biggest solar power plant in the state of Uttar Pradesh (UP) has been set up via a transparent bidding process under the solar park scheme of the Ministry of New and […] Read more
Canadian Solar Commissioned its First 6 MWp Solar PV Project in Africa Updated On Thu, Mar 15th, 2018 by Saurenergy The project reached commercial operation on November 27, 2017. Powered by 18,480 Canadian Solar’s CS6U modules, the plant is expected to generate approximately 14.6 GWh of clean, reliable solar electricity each year. Canadian Solar, solar power company has successfully completed construction and started commercial operation of a 6 MWp solar photovoltaic (PV) power project in […] Read more