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
750 MW Rewa Solar Power Project to Break New Ground Updated On Tue, Jan 17th, 2017 by Saurenergy The 750 MW solar powers tender for Rewa might break Rs 4 per unit barrier Bids for the proposed and much delayed 750 MW solar power tender in the Rewa district of Madhya Pradesh are expected to be submitted early next week although another extension still seems likely. The project is being tendered by Rewa […] 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
India poised for huge growth in solar energy and it won’t stop at the 100GW target: Piyush Goyal Updated On Tue, Jan 17th, 2017 by Saurenergy “With the advent of new technology in storage, we are poised for huge growth. Solar energy growth will support landowners to derive income and solar industry to build their business.” India is poised for huge growth in solar energy and it won’t stop at the 100GW solar power target to be achieved by 2022, Power […] Read more
MNRE Releases Operational Guidelines for empanelment of Channel Partners/Solar Rooftop Ambassador / Government Agencies Updated On Thu, Jan 12th, 2017 by Saurenergy The Channel Partners or Implementing Agencies will play an important role in achieving the ambitious target of solar rooftop in the various sectors. Ministry of New and Renewable Energy (MNRE) has released operational Guidelines for empanelment of Channel Partners/Solar Rooftop Ambassador / Government Agencies under “Grid Connected Rooftop and Small Solar Power Plants Programme”. The […] Read more
SECI to float 2300MW Solar Power bids Soon Updated On Mon, Jan 9th, 2017 by Saurenergy Solar Energy Corporation of India will soon release 2300MW of solar power projects. Solar Energy Corporation of India (SECI) will shortly float tenders for putting up of solar power projects with capacity of 2300MW, its managing director Ashvini Kumar announced. The corporation has committed to finalize tenders for producing 5,500-mw of solar energy, of which […] Read more
Mercom Capital forecasts solar capacity addition of more than 9GW in India in 2017 Updated On Tue, Jan 3rd, 2017 by Saurenergy Solar installation of over 9 GW in 2017 would put the Indian solar sector in the big leagues along with China, the United States, and Japan Global clean energy communications and consulting firm, Mercom Capital forecasts solar capacity addition in India of over 9 GW during the current calendar year 2017. 2016 saw solar installations […] Read more
Solar Power to Become Economical than Coal by 2025 Updated On Tue, Jan 3rd, 2017 by Saurenergy As reported on Bloomberg, solar is expected to get cheaper than coal by 2025 According to the reports, the solar power has become quite cheaper than the coal in various parts of the world. In less than a decade, it’s likely to be the lowest-cost option almost everywhere. In 2016, countries from Chile to the […] Read more
Solar market in India to grow by 90% in 2017: Bridge to India Updated On Tue, Jan 3rd, 2017 by Saurenergy 2017 will be a bumper year for the sector in India with total installed capacity reaching around 18 GW by the end of the year Indian solar market to witness stellar growth in 2017 with total installed capacity reaching around 18 GW by the end of the year claims Bridge to India. According to the […] Read more
