Aquila Capital Completes Divestment of Second Solar PV Project in Japan Updated On Thu, Apr 13th, 2017 by Saurenergy The 38.4 MWp solar PV plant is Aquila Capital’s second project in Japan and establishes company’s presence in the island nation. Aquila Capital has completed the development of a solar PV project in Japan with an installed capacity of 38.4 MWp and has sold it to a local institutional investor. Aquila Capital additionally will manage […] Read more
IDFC Alternatives looking to buy First Solar’s 200 MW assets in India for $200 million: Report Updated On Thu, Apr 13th, 2017 by Saurenergy IDFC Alternatives is interested in acquiring First Solar’s 200 MW power generation assets price valued at around Rs 200 million. IDFC is reportedly in talk with First Solar to buy its 200 MW worth of renewable energy assets in India. Live Mint citing close sources to the development reports that IDFC Alternatives is interested in […] Read more
SB Energy Commissions 350 MW Solar Power Project in Andhra Pradesh Updated On Wed, Apr 12th, 2017 by Saurenergy SB Energy, the joint venture firm of SoftBank has successfully commissioned its 350 MW solar power project in Andhra Pradesh under the Jawaharlal Nehru National Solar Mission at a 25-year tariff of Rs 4.63 per kilowatt-hour (kWh). SB Energy Holdings today announced the commencement of commercial operation of its 350 MW solar power plant in […] 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
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
Vedanta Resources Looks Forward to Expand its Clean Energy Plans in India Updated On Fri, Apr 7th, 2017 by Saurenergy Vedanta Resources is looking at developing battery storage solutions that would help with grid balancing, besides complementing the government’s push for solar power. Vedanta Resources is working on its clean energy plans for India, encouraged by the opportunities offered by the country’s growing green economy. Ajay Kumar Dixit, chief executive officer, alumina and power business, […] 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
Contradiction in Key Markets Predicts Sluggish Growth Of Global PV Demand: IHS Markit Updated On Thu, Apr 6th, 2017 by Saurenergy A report from HIS Markit suggests that there will be 2 percent increase over the 78 GW installed in 2016, and will reach 79 GW in 2017. According to IHS Markit (London, UK), global demand for solar photovoltaics (PV) will reach 79 GW in 2017, a slight 2 percent increase over the 78 GW installed […] Read more
India to Add 1 GW of Solar by the End of April at Kurnool Solar Power Park in Andhra Pradesh Updated On Thu, Apr 6th, 2017 by Saurenergy The 1 GW Kurnool Solar Power Park is being implemented by Andhra Pradesh Solar Power Corporation Private Limited under the National Solar Mission Phase-II, Batch-II, State Specific Bundling Program. The entire Kurnool Ultra Mega Solar Power Park of 1 GW capacity is expected to be connected to the grid by the end of April 2017. […] Read more