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
UBM India Commences Second edition of RenewX in Hyderabad Updated On Mon, Apr 17th, 2017 by Saurenergy launched the second edition of RenewX was held in Hyderabad on April 7-8, witnessing a congregation of South India’s green economy community. UBM India, organizers of Renewable Energy India ( REI ) Expo launched the second edition of RenewX, a two day expo (April 7-8 ) at Hitex, Hyderabad. The expo witnessed a congregation of […] Read more
VIZ-A-VIZ with Shyam M. Gupta, Project Manager – Saurya EnerTech Updated On Sat, Apr 15th, 2017 by Saurenergy “Outsourcing of manpower and other sources might prove costly in case of O&M so it may be good option to take local help for this work. In some cases, if the O&M cost is going high by influences of local unions/demand wages. These all issues may be sorted out in local Gram Panchayats/Local courts by […] Read more
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
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