Modi Govt to Step Beyond Renewable Goal With China-Scale Tenders Updated On Sat, Nov 25th, 2017 by Saurenergy With renewable energy targets second only to those set by the government of China, India has a long way to go from a current base of 60 gigawatts to reach its ambition of 175 gigawatts in five years. In a bid to fulfill Prime Minister Narendra Modi’s climate pledges, India announced that it will tender […] Read more
India’s Acme Solar Eyes 335 Million Dollars through IPO Updated On Thu, Oct 12th, 2017 by Saurenergy Funds raised from the IPO will be used for setting up this 200 megawatt project. This seems to be a very smart move on the part of the company, as raising debt with such a low tariff would have been a major challenge even when the off-taker is a government entity like NTPC Limited. One […] Read more
Dr. Rahul Walawalkar receives Renewable Energy India Award Updated On Tue, Sep 26th, 2017 by Saurenergy Dr. Rahul Walawalkar was selected by eminent Jury in the category of Leading Crusader for Energy Storage Solutions. Dr. Rahul Walawalkar, Executive Director of India Energy Storage Alliance (IESA) and President & MD of Customized Energy Solutions (India) has received the Renewable Energy India (REI) award in the category of Leading Crusader for Energy Storage […] Read more
ReNew to Acquire Orange’s Portfolio in $950 Million Deal to Bulk Up Before IPO Updated On Wed, Jul 19th, 2017 by Saurenergy ReNew power is in in active discussions with Orange Renewable to acquire its portfolio of a little over 600 MW of predominantly wind and a smattering of solar assets for Rs 6175 crore ($950 million) of enterprise valuation, and has already submitted a non binding offer and is conducting diligence. Sumant Sinha led ReNew Power […] Read more
NEXTracker Achieves 1 GW of Solar Tracker Sales in India Updated On Tue, Jun 6th, 2017 by Saurenergy NEXTracker’s projects commissioned or under construction with Sterling & Wilson, Adani Green Energy, SkyPower, CleanMax Solar, Suzlon, and ReNew Power are milestones that demonstrate the rapidly growing adoption of solar trackers in India. NEXTracker has announced that it has sold over 1 gigawatt (GW) of solar trackers to utility-scale power plants in India. This achievement […] Read more
Solar Power Juggernaut Will Keep Rolling Despite Higher Taxes Under GST Updated On Sat, May 27th, 2017 by Saurenergy According to a list of 1,211 items released after the meeting of the GST Council, which comprises finance ministers of all the states of the Union, “Photosensitive semiconductor devices; including solar photovoltaic cells, whether or not assembled in modules or made up into panels”, will be charged at a rate of 18 Goods and Services […] Read more
Sri Lanka is betting big on Solar and Wind energy sources through competitive bidding route Updated On Mon, May 22nd, 2017 by Saurenergy Sri Lanka also has an active rooftop solar power programme. The government is targeting such plants on at least one million roofs with an installed capacity of around 1,000 MW. With abundant wind and solar power potential, Sri Lanka is betting big on these electricity sources through competitive bidding for projects, a top government official […] Read more
UNION BUDGET 2017: Shock and Awe for Indian Solar Industry Updated On Fri, Apr 21st, 2017 by Saurenergy In an assertive throw to fuel the solar sector, the budget covertly focused towards helping the rural sector, agricultural sector and re-energising the real estate sector. It was a known fact that Digital payments and Demonetisation will take the center-stage. The clean energy pledges also vowed new propagations as the Government of India rifles solar […] Read more
Secondary Solar Market in India Updated On Tue, Apr 18th, 2017 by Saurenergy with the rise of the solar market, there has been a constant pressure on Indian developers to churn their capital. To minimize the pressure the developers are laying the foundation for the advent of the secondary market for solar assets by shopping their rapidly growing solar projects to prospective investors. The merger and acquisition (M&A) […] Read more
