Indian Banks edgy, as Solar Companies fails to deliver Updated On Thu, Apr 14th, 2016 by Saurenergy What could make Prime Minister Narendra Modi’s plans of capitalizing $100 billion of solar power from foreign investments edgy? Indeed, an In-Flow and Out-Flow leeway of Investment and Finance. The global renowned US Company, SunEdison standstill on at least $1.4 billion of loans and credit facilities, is seeking to sell as much as 1 gigawatt(GW) […] Read more
UK Solar Industry Propels ‘Pleasing Solar’ Initiatives to Tap the Solar Potential Updated On Thu, Apr 14th, 2016 by Saurenergy Getting alongside the global solar penetration, The British Solar Trade Association (STA) on April 12th, 2016 has officially launched an initiative to nudge the potential of rooftop solar technology for next-gen beautiful and aesthetically pleasing installations. “First impressions are everything, and that applies to houses just as much as people. Stunning Solar shows that solar can […] Read more
Fortum bags 100 MW solar power park project in a reverse auction in Karnataka Updated On Wed, Apr 13th, 2016 by Saurenergy Finnish utility firm Fortum has announced that it won bid for 100 MW solar power park in the reverse auction. The reverse auction was conducted by NTPC on 12th April 2016 for the selection of 500 megawatt (MW) grid connected solar PV projects under Batch II Tranche I of JNNSM phase II. The solar power […] Read more
Hindustan Power commissions 30 MW solar farm in the Mansa district of Punjab Updated On Wed, Apr 13th, 2016 by Saurenergy The clean energy arm of Hindustan Power has commissioned a 30 MW solar farm in Mansa district of Punjab. The company has invest Rs. 200 crore for the mid-sized, grid-connected solar farm to tap the solar energy potential of the stateestimated at 4-7 KWH/sq.mtr of solar insolation levels—and enable Punjab to achieve its renewable purchase […] Read more
IGI Airport upgrades solar power plant’s capacity by over three times Updated On Wed, Apr 13th, 2016 by Saurenergy The private air operator, Delhi International Airport Ltd. (DIAL) on Tuesday announced that it has upgraded the solar power plant’s capacity by over three times-. DIAL has enhanced the current solar power generation capacity at the IGI Airport from 2.14 MW to 7.84 MW, making the airport largely dependent on green energy as the power […] Read more
Fortum announces to invest EUR 200–400 million in solar projects in India Updated On Tue, Apr 12th, 2016 by Saurenergy Finnish utility firm Fortum on Tuesday announced to invest euros 200-400 million (Approx. Rs 15100-30200 crore) in solar power projects in India. Fortum in a statement said “the country offers one of the best solar resources and a sound government support for the development of the solar sector. The country provides a good platform for […] Read more
Chandigarh grain, fruit, and vegetable market to run on Solar Power Updated On Tue, Apr 12th, 2016 by Saurenergy The UT Administration on Monday in a meeting chaired by Deputy Commissioner Ajit Balaji Joshi discussed plan for newly proposed grain, fruit, and vegetable market in Sector 39. The administration also decided that the market will run on solar power and will have green technology features. Joshi has set target of one-year for the completion […] Read more
IDFC Alternative is in talks with Delhi-based ACME Solar to invest Rs.600 crore: Report Updated On Tue, Apr 12th, 2016 by Saurenergy IDFC Alternatives is in talks with Delhi-based ACME Solar to invest Rs.600 crore claims a report. Livemint citing sources reports that talks between the two companies are in an advanced stage and the deal is expected to close soon. ACME will pump the fund to complete its solar project that is still under development across various […] Read more
Canada-based solar firm SkyPower Global looking to shed equity in Madhya Pradesh project Updated On Tue, Apr 12th, 2016 by Saurenergy After SunEdison, a Canada-based solar firm SkyPower Global is looking to exit from the Indian market. Last year in July the firm bagged contracts to set up solar plants of 150 MW in Madhya Pradesh and now it is looking to offload equity. According to ET SkyPower Global has approached two leading India based renewable […] Read more
