Elecnor to Build a 115 MW Solar PV Plant in Chile Updated On Thu, Jan 19th, 2017 by Saurenergy The 115 MW Solar PV Plant will be constructed in the municipality of Til Til, Santiago Elecnor has won a USD 117.2 million contract to build solar PV plant in Chile. This facility, with a capacity of 115 MWp, will be in the municipality of Til Til, to the north of Santiago, in the Metropolitan […] Read more
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
Amplus plans to Acquire Solar Power Firm Kiran Energy Updated On Wed, Jan 18th, 2017 by Saurenergy Amplus Energy, through investor I Squared Capital, plans to acquire Solar Power Firm Kiran Energy Amplus Energy Solutions Pvt. Ltd, which has offered to sell solar power at a record-low tariff, has evinced interest in acquiring Kiran Energy Solar Power Pvt. Ltd, as reported on Mint. Amplus, backed by US private equity (PE) firm I […] 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
Four renewable energy projects in developing countries identified by ADFD and IRENA to receive $ 44.5 million funding Updated On Mon, Jan 16th, 2017 by Saurenergy ADFD’s funding will support a diverse set of renewable energy projects including a hybrid micro-grid project employing solar PV and advanced lithium-ion batteries, a hydropower project, integrated wind and solar, and a combination project consisting of micro-grid and solar home kits. Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) has […] 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
India’s Two Renewable Energy Projects contributes towards Climate Battle Updated On Fri, Jan 6th, 2017 by Saurenergy Two world-leading renewable energy projects have opened in the Tamil Nadu contributing towards Climate Battle. A £3m industrial plant is capturing the CO2 emissions from a coal boiler and using the CO2 to make valuable chemicals. It is a world first. And just 100km away is the world’s biggest solar farm, making power for 150,000 […] Read more
Hero Future Energies Raises USD 125 Million from World Bank’s private investment arm to fund RE projects Updated On Thu, Jan 5th, 2017 by Saurenergy HFE signed an agreement with IFC for the investment, the proceeds of which will be used to fund the construction of wind and solar power plants Hero Future Energies (HFE) has raised US$ 125 million in equity infusion from International Finance Corporation (IFC), the World Bank’s private investment arm. HFE signed an agreement with IFC […] 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