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
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
10 Indian states accounting for approximately 90 percent of all solar installations and pipeline: Mercom Capital Updated On Fri, Dec 16th, 2016 by Saurenergy Mercom Capital in its recent report has revealed that top 10 states in the country accounting for approximately 90 percent of all solar installations and pipeline. According to the research firm as of December 2016India has a total installed large-scale solar capacity of 9,018 MW and a solar pipeline of 14,030 MW. The top 10 […] Read more
Indian Government sanctions Rs 30 crore for solar cities programme Updated On Thu, Dec 15th, 2016 by Saurenergy Funds worth over Rs 30 crore have been sanctioned to 21 states and union territories under the solar cities development programme. These funds were sanctioned during the last three years till November 30 this year. Out of the total sanctioned amount of Rs 30.36 crore under the ‘Development of Solar Cities Programme’ for 21 states […] Read more
Infrastructure Delays Affecting Large-Scale Solar Project Development in India: Mercom Capital Updated On Tue, Dec 13th, 2016 by Saurenergy Modi government has set a 100GW target for solar power by 2022, out of which 20GW has been allocated to solar parks. India is expected to double the target for energy to be generated from solar parks by 2020, as roof-top installations progress has turned out to be slower than anticipated. Currently, there are 34 […] Read more
Hindustan Zinc to set up 155 MW solar project, to invest Rs 630 crore Updated On Thu, Dec 8th, 2016 by Saurenergy Hindustan Zinc Ltd (HZL) has announced that it is foraying into solar energy business and will set up 115 MW of solar energy projects with an investment of Rs 630 crore. The company led by billionaire Anil Agarwal already produces 474 MW of thermal power and 274 MW of wind energy. HZL CEO Sunil Duggal […] Read more
SMA Solar receives order for 616MW of solar inverters from Greenko in India Updated On Tue, Dec 6th, 2016 by Saurenergy SMA Solar Technology AG (SMA) and Greenko Energies Pvt Ltd, a market leader, owner and operator of clean energy projects in India, have signed contracts for the supply of 616 MW of Sunny Central 1000CP XT inverters from SMA. With the inverters, Greenko will realize PV power plants in the Indian states of Karnataka and […] Read more
Surana Solar to deliver 15 crore order of solar modules to Aryavaan Renewable Energy Updated On Thu, Dec 1st, 2016 by Saurenergy Surana Solar limited, a part of the Hyderabad based Surana Telecom and Power Limited, has announced that it has won an order to supply solar modules for a value of Rs 15.4 crore to Aryavaan Renewable Energy. The solar module manufacturer will provide solar modules for a 5 Megawatt solar power plant situated in Hamirpur. […] Read more
Solar power tariff hits all time low at Rs. 3 per unit Updated On Wed, Nov 30th, 2016 by Saurenergy The solar tariff has fallen to an all—time low of Rs. 3 per unit, which was quoted by Amplus Energy Solutions in an auction for rooftop solar power conducted by Solar Energy Corporation of India (SECI). “In a move that will offer the cheapest power from solar rooftop plants, Amplus Energy Solutions has won a […] Read more
