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
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
USAID, ADB signs MoU to develop solar parks across India Updated On Tue, Mar 29th, 2016 by Saurenergy The US Agency for International Development (USAID) and Asian Development Bank has signed Memorandum of Understanding (MoU) on Monday for providing Rs 5,681 crore ($848 million) in funding to develop solar parks across India. Under the MoU USAID will align the technical resources of two of its programs to support ADB’s investments in the development […] Read more
SunEdison finds difficult to get buyers for its projects in India Updated On Wed, Mar 23rd, 2016 by Saurenergy US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […] Read more
Mahagenco to step up solar power generation on top of water bodies Updated On Mon, Mar 21st, 2016 by Saurenergy Maharashtra State Power Generation Company Limited (Mahagenco) has revealed plans to step up solar power generation atop water bodies with water resources department and local self-governing bodies reports TOI. The company officials are working closely with government agencies owning the water bodies on revenue-sharing model. Mahagenco replicating the Gujarat model will cover canals and water […] Read more
India’s Solar Initiative seems already Sunny Updated On Tue, Mar 8th, 2016 by Saurenergy India is a home for around 300 million people living with sporadic electricity and also a country which receives the most amount of sunlight in a year. Hence it is said that the solar energy available in the country surpasses the possible energy output of all fossil fuels energy reserves. Solar is the only viable […] Read more
Massive Solar Power Plant of Adani starts Power Transmission Updated On Tue, Mar 8th, 2016 by Saurenergy Adani Green Energy (Tamil Nadu) Limited 648 MW solar power plant at Sengapadai in Kamudhi taluck announces that it has started generating power in one of the three 72 MW units and also started power transmission to the grid. The complete project of Rs. 4,536 crore was settled in June 2015 after a consensus with […] Read more
Welspun Renewables’ extends Solar Capacity in Punjab Updated On Sat, Mar 5th, 2016 by Saurenergy Welspun Renewables is reported to have extended it solar capacity in Punjab by 4 MW (AC). Evaluating Punjab to a green energy run, the latest addition comes is thenceforth of its 32 MW (AC) Bathinda solar project. The two projects combined together will be annually feeding 54.37 million units of clean energy to the grid. Consequent […] Read more
Govt announces to set up 33 solar parks across India to reduce production cost of solar power Updated On Thu, Mar 3rd, 2016 by Saurenergy To reduce the production cost of solar power the government has announced to set up 33 solar parks across the country. Power Minister Piyush Goyal on Thursday said Government will be setting up as many as 33 solar parks to reduce the production cost of solar power. So far steps taken by the Government to […] Read more
