Tata Power Renewable Energy Limited bags 30MW solar project in Maharashtra Updated On Wed, Jun 22nd, 2016 by Saurenergy Tata Power has announced that its 100% subsidiary, Tata Power Renewable Energy Ltd. (TPREL) has bagged 30 MW grid connected photovoltaic project of in Maharashtra. The projects have been awarded in the DCR category under the Jawaharlal Nehru National Solar Mission (JNNSM) Phase-Il Batch-IlI Tranche-l under ‘State Specific Bundling Scheme’. TPREL will sign a 25 […] Read more
CLP India, Suzlon form JV for 100MW solar project in Telangana Updated On Tue, Jun 21st, 2016 by Saurenergy CLP India, one of the largest foreign investors in the Indian power sector, and Suzlon Group have formed joint venture for a 100 MW solar project at Veltoor in Telangana. As per the agreement signed between CLP India and Suzlon, CLP India acquired 49% stake in SE Solar, a special purpose vehicle (SPV) set-up by […] Read more
Juwi, KPS partners on solar, battery and diesel hybrid system Updated On Sat, Jun 18th, 2016 by Saurenergy juwi Australia has entered into strategic partnership with KPS, a subsidiary of Pacific Energy Limited on hybrid system. The strategic alliance will focus on remote projects seeking to integrate solar and battery energy with traditional diesel or gas fueled power stations. It will bring together the capabilities, technology and resources of the two. KPS and […] Read more
ACME to sell 275MW of its operational solar assets to IDFC Alternatives: Report Updated On Thu, Jun 16th, 2016 by Saurenergy IDFC Alternatives is reportedly gearing up to buy 275 megawatts (MW) of operational solar assets from ACME Solar. Livemint citing sources reports that the deal between the two companies will likely close in stages as “IDFC will need separate approvals from the lenders of the various assets and other approvals as per the power purchase […] Read more
Tata Power Renewable Energy signs SPA to acquire Welspun Renewables Energy Updated On Mon, Jun 13th, 2016 by Saurenergy Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed a Share Purchase Agreement (SPA) with Welspun Energy (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”). It is estimated to be Rs 9,500 crore ($1.4 billion) deal. This is one of the largest transactions in renewables space in […] Read more
8minutenergy to build 4GW solar photovoltaic project in India Updated On Sat, Jun 11th, 2016 by Saurenergy Independent solar developer in the U.S., 8minutenergy Renewables will setup 4GW solar photovoltaic project in India to help the country meet its aggressive renewable energy goals. A statement from White House said “8minutenergy Renewables will pursue a 4 GW solar photovoltaic project pipeline in India”. 8minutenergy’s commitment was made in tandem with Prime Minister Modi […] Read more
Trina Solar’s cumulative shipments of solar modules hits 1 GW milestone in the Indian market Updated On Thu, Jun 9th, 2016 by Saurenergy Trina Solar has announced that its cumulative shipments of solar modules to India have exceeded 1 GW to date with around 20% market share in the region in 2015. The company in a statement said it has successfully built an extensive sales network throughout India, offering innovative solar PV solutions to developers, distributors, engineering, procurement […] Read more
PLG Clean Energy bags 230 MW solar power plant licenses Updated On Wed, Jun 8th, 2016 by Saurenergy PLG Clean Energy Project has announced that it has secured and won 230 MW Solar Power Plant licenses through transparent and disruptive reverse bidding mechanism of Govt of India in 2016. The company will soon embark on developing 230 MW solar power plants across the states of Maharashtra, Jharkhand and Rajasthan. Solar Energy will be […] Read more
SunPower to start construction on 10MW photovoltaic solar power plant at US Army post Updated On Sat, Jun 4th, 2016 by Saurenergy SunPower has announced that it expects to begin construction on a 10-megawatt (DC) photovoltaic solar power plant this month for the Redstone Arsenal U.S. Army post in Alabama.The project is that is expected to generate up to 18,000 megawatt hours per year. SunPower is delivering the energy from the plant under a power purchase agreement, […] Read more