Rays Power Commissions 5.5 MW of Rooftop Solar Power Plant for DMRC Updated On Thu, Apr 6th, 2017 by Saurenergy Delhi Metro Rail Corporation gets 5.5 MW rooftop solar power plant spread across various locations and stations in Delhi. Rays Power has commissioned a 5.5 MW rooftop solar power project for the Delhi Metro Rail Corporation (DMRC). The entire 5.5 MW is spread across various locations and stations owned by the DMRC. The company has […] Read more
UDAY Successfully Achieves Financial and Operational Reform of DISCOMS in India: REPORT Updated On Wed, Apr 5th, 2017 by Saurenergy Ujwal Discom Assurance Yojana has been successful in achieving its most important objective of reforming power distribution companies in India. It has been nearly eighteen months since the Ministry of Power announced the vital Ujwal DISCOM Assurance Yojana (UDAY) scheme for financial and operational reform of power distribution companies (DISCOMs) in India. Twenty six states […] Read more
Global solar energy industry is expected to reach $422 billion by 2022: Research and Markets Updated On Wed, Apr 5th, 2017 by Saurenergy Asia-Pacific regions such as China and Japan have been the major market drivers for the solar energy market owing to its growth in installations and governmental tax incentives, followed by North America and Europe Research and Markets in its latest report forecasts the global solar energy industry to reach $422 billion by 2022 from $86 […] Read more
Fortum Commissions a 70 MW Solar Power Project in India Updated On Tue, Apr 4th, 2017 by Saurenergy Fortum has successfully commissioned its third and the biggest, a 70 MW solar power project at Bhadla with a fixed tariff for 25 years. Fortum has commissioned a 70-MW solar plant at Bhadla solar park in Rajasthan, India. The solar plant is Fortum’s third and so far biggest commissioned solar energy project. Fortum won a […] Read more
Canadian Solar Raises JPY5.4 Billion with Inaugural Dual-Tenor Green Project Bond in Japan Updated On Mon, Apr 3rd, 2017 by Saurenergy The JPY5.4 billion (US$47.0 million) dual-tenor green project bond was issued to finance Canadian Solar’s 19.05 MWp Gunma Aramaki Solar Power Plant in Gunma Prefecture, Japan. Canadian Solar Inc. has announced completion of its second green project bond placement with Goldman Sachs Japan Co., Ltd. The JPY5.4 billion (US$47.0 million) dual-tenor green project bond was […] Read more
Solar capacity addition to reach up to 7.5 GW in FY18: ICRA Updated On Sat, Apr 1st, 2017 by Saurenergy Solar capacity addition is expected to increase from 3.5-4 GW in FY17 to at least 7-7.5 GW (in grid connected utility segment) in FY18. Given the number of projects awarded under the National Solar Mission (NSM) and the state policy route in the past 12-18 months, solar capacity addition is expected to increase up to […] Read more
Banks are planning to cut funding to Rajasthan’s power distribution companies missing UDAY targets: Report Updated On Sat, Apr 1st, 2017 by Saurenergy Rajasthan’s power distribution companies have not revised power tariffs as previously agreed which can affect the funding that they receive from banks under UDAY scheme Banks are reportedly planning to cut funding to Rajasthan’s power distribution companies (DISCOMS) which have missed financial targets set under the Ujjwal Discom Assurance Yojana (UDAY). Two bankers aware of […] Read more
CleanMax Installs 1.5MW Rooftop Solar Power Plant at AMU Updated On Fri, Mar 31st, 2017 by Saurenergy In collaboration with SECI and MNRE, CleanMax Solar has commissioned 1.5 MW rooftop solar power plants across 17 roofs at Aligarh Muslim University. India’s one of the oldest and most renowned educational institutes, Aligarh Muslim University has turned to solar power to meet its electricity needs. In collaboration with SECI and MNRE, CleanMax Solar has […] Read more
Azure Power Wins Indian Railway’s Largest Rooftop Solar Power Project Updated On Thu, Mar 30th, 2017 by Saurenergy Azure Power wins 46 MWs of solar projects from Indian Railways across 11 states in India, and company’s rooftop portfolio now more than 100 MWs across 14 states in India. Azure Power, a leading solar power producer in India, announced that it has won 46 MWs of rooftop solar power projects across eleven states pan […] Read more