European Investment Bank Sanctions EUR 200 Million for Indian Large-Scale Solar Power Projects Updated On Mon, Apr 3rd, 2017 by Saurenergy The State Bank of India gets EUR 200 Million long-term loan from European Investment Bank to fund five different solar power projects in Tamil Nadu and Telangana. The European Investment Bank has confirmed new support for solar power generation in India in partnership with the State Bank of India. The EUR 200 million (INR 1400 […] Read more
Scheme for Enhancement of capacity from 20,000 MW to 40,000 MW for Solar Parks and Ultra Mega Solar Power Projects Updated On Thu, Mar 23rd, 2017 by Saurenergy The enhanced capacity would ensure setting up of at least 50 solar parks each with a capacity of 500 MW and above in various parts of the country Early this year in February, the Cabinet Committee on Economic Affairs, chaired by the PM Narendra Modi, approved the enhancement of capacity from 20,000 MW to 40,000 […] Read more
Government of India has allocated 90 Million Dollars for 3 GW of Rooftop Solar Power Projects Updated On Tue, Mar 21st, 2017 by Saurenergy $90 Million has been allocated by the Government so far to set up rooftop solar power projects in the country across 28 states. The Government of India has allocated$90 Million Dollars in subsidies for setting up rooftop solar power projects across 28 states and its various organizations, a recent press release showed. The Ministry of […] Read more
Canadian Solar Signs PPAs with SECI to Develop 80 MWac Solar Power Projects in Maharashtra Updated On Tue, Mar 14th, 2017 by Saurenergy Canadian Solar was awarded these solar power projects under a 450 MWac solar capacity tender in the state of Maharashtra, through a competitive auction process. Canadian Solar has announced that it has secured Power Purchase Agreements for an aggregate 80 MWac of solar power projects with the Solar Energy Corporation of India (SECI). Canadian Solar […] Read more
IFC Mulls Rs 100 cr Investment in CleanMax to Fund 250 MW of Solar Power Projects Updated On Wed, Feb 15th, 2017 by Saurenergy CleanMax Enviro Energy Solutions could receive Rs 100 crore to commission more than 250 MW of solar power projects. International Finance Corp, the private sector investment arm of the World Bank, could invest about Rs 100 crore in renewable energy company CleanMax Enviro Energy Solutions, one of the largest solar power solutions providers in India. […] Read more
Rajasthan Lags Behind Neighboring States in Solar Power Projects Updated On Tue, Feb 14th, 2017 by Saurenergy Rajasthan falls behind Neighboring States under Grid connected roof-top and small solar power plants programme. Rajasthan has lagged behind neighbors like Madhya Pradesh, Haryana and Gujarat in new and renewable energy despite holding a huge potential in the sector. According to Union ministry of new and renewable energy (MNRE) data, Rajasthan has only 31 MW […] Read more
Suzlon Energy Set to Sell Stake in 130 MW Solar Power Projects before March Updated On Mon, Feb 13th, 2017 by Saurenergy Suzlon Energy is in advanced talks to sell stake in another 130 MW solar power projects in a deal before March. Suzlon Energy has divested 49% stake in solar power projects totaling 210 MW and is in advanced talks to sell stake in another 130 MW projects in a deal that the company aims to […] Read more
ReneSola Announces Strategic Partnership with China Resources Leasing for Credit Facility on Solar Power Projects Updated On Tue, Jan 24th, 2017 by Saurenergy ReneSola Ltd has partnered with China Resources Leasing for annual credit facility to fund solar power projects ReneSola, a leading fully-integrated solar project developer and provider of energy-efficient products has formed a strategic partnership with China Resources Leasing Co., Ltd., a subsidiary of China Resources (Holdings) Co., Ltd (“CR” or “China Resources Group”), a conglomerate […] Read more
SPML Infra wins orders to develop solar power projects across the nation Updated On Tue, Jan 17th, 2017 by Saurenergy SPML Infra bags New Orders of Rs 800 crore, including rooftop solar power plant SPML Infra Ltd. has bagged new orders worth Rs 800 crore for various projects for developing power substation, rooftop solar power plant, water and wastewater treatment and municipal solid waste management projects from different states across the country. The company’s Chairman […] Read more
