Ezon Energy Forms a Joint Venture with Arcor to Develop 1GW Solar Power Project in India Updated On Fri, May 26th, 2017 by Saurenergy The joint venture is expected to see $1 billion (~Rs.65 billion) invested in solar power project, though the ratio is confidential. However, the equity holding will depend upon the project and capability to infuse equity in each project on a standalone basis. Coimbatore-based startup Ezon Energy Solutions has formed a strategic joint venture for Indian […] Read more
India Expects To Add Almost 10 GW of Solar Power Capacity in 2017 Updated On Tue, May 2nd, 2017 by Saurenergy Mercom Capital Group expects over 9,000 megawatts of utility-scale and almost 800 megawatts of rooftop solar power capacity to be added in 2017. The Indian solar power market is expected to see another record capacity addition this year as several large-scale power projects are lined up for commissioning. According to India-based consultancy Mercom Capital Group, […] Read more
Karnataka Solar Energy Policy Updated On Wed, Apr 26th, 2017 by Saurenergy Karnataka Solar Energy Policy Updates 2017 The solar installation target has been changed from 2,000 MW to 6,000 MW by March 2021 as per the amendments to Karnataka Solar Policy 2014-2021 were announced. The changes were made to reflect the new tariff policy and targets fixed for the state by the MNRE. The current installed […] Read more
India’s solar capacity addition to remain strong (7-7.5 GW) in FY 2018 backed by project pipeline: ICRA Updated On Wed, Apr 26th, 2017 by Saurenergy India’s wind power capacity addition in the current fiscal will depend on bidding plans of utilities, while that of solar power will remain strong at 7- 7.5 GW, credit rating firm Icra said today. The renewable energy (RE) sector reported a record capacity addition of over 11 GW in FY2017, an increase of around 60% […] Read more
Vikram Solar commissions 20MW Solar Power Project for Jindal Aluminum in Karnataka Updated On Thu, Apr 13th, 2017 by Saurenergy Vikram Solar has used 73040 modules for the solar power project with 315wp capacity each, offering grid connectivity of 66KV to the Mayakonda Sub Station. Vikram Solar on Wednesday announced the commissioning of a 20 MW Solar Power Project in the state of Karnataka for Jindal Aluminum Ltd. Bangalore. Being nestled in Bavihalu, in the […] Read more
Fortum Plans to Commission 250 MW Solar Power Capacity Every Year Updated On Tue, Apr 11th, 2017 by Saurenergy Fortum has announced that the company will be adding at least 250 MW solar capacity in India every year. Finnish firm Fortum has commissioned a 70MW solar PV plant in Rajasthan, which it won last year at what was then a record low tariff of INR4.34/kWh, is now eyeing to set up at least 250 […] Read more
Hartek bags 1,025 MW solar grid EPC orders in FY17 Updated On Tue, Apr 11th, 2017 by Saurenergy Hartek Power will provide complete turnkey solutions for these projects and execute post-inverter works covering the design, engineering, supply, installation, automation and commissioning of the power plant electrification Chandigarh based Hartek Power has announced that its solar grid EPC order size increased by 733 per cent to 1,025 MW in 2016-17, compared to 123 MW […] Read more
Cleanmax Solar to Set Up 300 MW Solar Power Capacity This Fiscal Updated On Mon, Apr 10th, 2017 by Saurenergy CleanMax plans to set up nearly 300 MW of solar capacity in the country in FY 2017-18. Energy solutions provider CleanMax Solar plans to set up nearly 300 MW of solar capacity, including 100 MW of rooftop installation, this fiscal and will invest around Rs 1,500 crore for the same. Company’s Co-founder Andrew Hines said, […] Read more
India’s Solar Energy Capacity Grows by Record 5525 MW Updated On Fri, Apr 7th, 2017 by Saurenergy The latest figures provided by MNRE shows that India has gained a tremendous growth in solar energy capacity by a record 5525.98 MW. According to the latest figures provided by the ministry of new and renewable energy (MNRE), the FY 2016-17 saw India’s solar energy capacity grow by a record 5525.98 MW, while India had […] Read more
