Suzlon Energy Set to Sell Stake in 130 MW Solar Power Projects before March Updated On Mon, Feb 13th, 2017 by Saurenergy Suzlon Energy is in advanced talks to sell stake in another 130 MW solar power projects in a deal before March. Suzlon Energy has divested 49% stake in solar power projects totaling 210 MW and is in advanced talks to sell stake in another 130 MW projects in a deal that the company aims to […] Read more
Rs. 600 Crore Allocated for Grid connected Rooftop and small Solar Power Plants Programme Updated On Fri, Feb 10th, 2017 by Saurenergy Government allocates Rs 600 crore for solar power projects and Grid connected Rooftop Programmes An amount of Rs. 600 crore has been allocated for the projects under “Grid Connected Rooftop and Small Solar power Plants Programme” and Rs. 508.84 Crore has been released till 31.01.2017. This was stated by Shri Piyush Goyal, Minister of State […] Read more
ReNew Power Raises $475 Million at Cheaper Cost Updated On Tue, Feb 7th, 2017 by Saurenergy The green bonds yielded 6% at the close of subscription and have helped ReNew Power raise $475 Million. ReNew Power Ventures has raised $475 million by selling green bonds to overseas investors as the solar and wind energy producer plans to refinance debt. The bond yielded 6% at the close of subscription on Monday. The […] Read more
India’s Total Solar Power Capacity Crosses 9 GW Updated On Tue, Feb 7th, 2017 by Saurenergy India’s Solar Power Capacity Crosses 9000 Megawatt with Tamil Nadu leading the Pack Country’s solar power generation capacity stood at over 9 GW as on December 31, 2016 with Tamil Nadu having the largest output capability followed by Rajasthan and Gujarat. Total solar power generation capacity was 9,012 MW as on December 31, 2016. Tamil […] Read more
Punjab Solar Power Firms Seek More Time for Setting up Units Updated On Mon, Jan 23rd, 2017 by Saurenergy Punjab Solar Power Producers have sought extension of deadline for construction of solar plants. Solar power producers in Punjab have sought extension of deadline for setting up projects that will be eligible for exemption from transmission and wheeling charges. Punjab electricity regulator had in January last year approved the exemption for renewable energy projects set […] Read more
ADB approves $390 million financing package for ReNew Power to develop renewable energy projects in India Updated On Wed, Jan 18th, 2017 by Saurenergy ReNew Power will utilize the fund to develop solar power projects with combined capacity of 398 megawatts (MW) in Jharkhand and Telangana Asian Development Bank (ADB) has approved a new $390 million financing package for ReNew Power to develop renewable energy projects in India. The financing will assist 7 special purpose vehicles owned by ReNew […] Read more
Piyush Goyal dedicates World’s Largest LED Street Lighting Programme to the Nation Updated On Tue, Jan 10th, 2017 by Saurenergy 2 lakh Street Lights replaced in the South Delhi Municipal Corporation Area; Rs. 135 crores to be saved in next 7 years Union Minister of Power, Coal, New & Renewable Energy and Mines, Piyush Goyal on Monday dedicated the LED based Street Lighting National Programme (SLNP) to the Nation. It is the World’s Largest Street […] Read more
India’s Five States host two-thirds of country’s Solar Power Capacity Updated On Tue, Jan 10th, 2017 by Saurenergy Andhra Pradesh, Telangana, Gujarat, Rajasthan and Tamil Nadu accounts for 67% of the total solar power capacity operation in India. Solar power installed capacity is highly concentrated in few states in India. This is largely the result of proactive initiatives taken by some states that are also endowed with ample solar radiation resource and surplus […] Read more
Mercom Capital forecasts solar capacity addition of more than 9GW in India in 2017 Updated On Tue, Jan 3rd, 2017 by Saurenergy Solar installation of over 9 GW in 2017 would put the Indian solar sector in the big leagues along with China, the United States, and Japan Global clean energy communications and consulting firm, Mercom Capital forecasts solar capacity addition in India of over 9 GW during the current calendar year 2017. 2016 saw solar installations […] Read more
