CPPIB to Invest $300 Million in Renewable Energy Producer Mytrah Power Updated On Tue, Jun 26th, 2018 by Saurenergy We are in process of raising growth capital and there is interest from multiple investors,” said Mytrah Energy chief financial officer Shirish Navlekar without disclosing further details. An advance talks are taking place between Canada’s largest pension fund manager Canada Pension Plan Investment Board (CPPIB) and renewable energy producer Mytrah Energy Ltd where the former is investing about $300 million […] Read more
India’s Utility Solar Capacity Grows 72% in 2017-18, says Bridge To India Report Updated On Thu, Jun 21st, 2018 by Saurenergy The total solar installation was 10.4 GW, the rest comprising rooftop solar plants and off-grid solutions, taking India’s cumulative solar capacity to 24.4 GW, it said. Solar consultancy firm Bridge To India in its latest annual report on the sector said that India’s utility solar capacity grew by a whopping 72 percent in FY18 as […] Read more
Viz-A-Viz with Debi Prasad Dash, Director – IESA Updated On Mon, Jun 4th, 2018 by Saurenergy Q. What are your thoughts about Li-ion battery future in India? Manufacturing of new technology batteries is at a nascent stage in India. There are no Li-ion cell manufactures in India but several companies like EXCIOM, ACME, Delta, Coslight and Future hi tech batteries have established Li-ion assembly plant in India. At least five major […] Read more
Suzlon Energy Posts Q4 Net Loss at Rs 470 Cr; 340 MW Solar Projects Commissioned Updated On Thu, May 31st, 2018 by Saurenergy There is traction across all new and emerging segments in the sector as evidenced in several positive policy actions for offshore, wind‐solar hybrid, repowering, captive, and feed‐in‐tariff for small projects upto 25 MW, says Tulsi Tanti. Solar & other renewable energy solutions provider Suzlon Energy reported its consolidated net loss at Rs 469.85 crore in […] Read more
Azure Power Wins 130 MW Solar Power Project in Maharashtra Updated On Fri, May 18th, 2018 by Saurenergy At the tariff rate of Rs 2.27 per KW Azure Power will sign a Power Purchase Agreement (PPA) with MSEDCL for 25 years. The project is expected to be commissioned in 2019 and will be developed by Azure Power outside a solar park. In a recent auction by Maharashtra State Electricity Distribution Company Limited (MSEDCL), […] Read more
Karnataka Gets Three Solar PV Projects Through Rays Power Infra Updated On Fri, May 11th, 2018 by Saurenergy Open access model implemented in Karnataka enables access to power at considerably lower rates, offering better efficiencies and lower utility bills while reducing the carbon footprint of industries in the areas being serviced by projects built in the state. Under the state’s open access scheme and to add to its portfolio, Rajasthan-based utility company Rays […] Read more
Chhattisgarh Envisions 600 MW Capacity Solar PV Installations Updated On Mon, May 7th, 2018 by Saurenergy The grid-connected solar PV rooftop projects will be installed across the state and the power generated will be consumed by those in proximity and the surplus power will be fed to the grid. To embark upon the solar fleet and make its presence felt the state of Chhattisgarh foresees the installation of PV rooftop projects […] Read more
Gujarat Hints India’s Largest Solar Park Updated On Tue, May 1st, 2018 by Saurenergy The bottlenecks for the development of park are likely to be less as the state has already procured the land identified for the project. The project will be able to move at a rapid pace. Government officials also reportedly said that no separate environmental clearance would be required either. The sun-borne state of India, Gujarat […] Read more
Mercure Hyderabad KCP Launches Solar Hot Water System Updated On Mon, Apr 23rd, 2018 by Saurenergy According to Mercure the installation is a step towards protecting the environment producing renewable power. The hotel has 98 square-meter space on the rooftop where they have installed solar panels to power a solar water heater requirements for its entire 128 rooms. The pump generates 10KL of water every day. Under the planet 21 initiative […] Read more
