Avaada Power to Invest Rs 10k cr to Set Up 1,600 MW Solar Projs in UP Updated On Thu, Feb 22nd, 2018 by Saurenergy The company’s projects will help the state in meeting its annual target of 2,000 MW production capacity of solar energy. Avaada Power, a clean energy company, has entered into a Memorandum of Understanding (MOU) with the Uttar Pradesh (UP) government during the Investors Summit 2018 to invest Rs 10,000 crore in setting up 1,600 MW solar projects. […] Read more
ReNew Power to Invest Rs 8k cr in UP to Set Up 1,200 MW Renewable Capacity Updated On Thu, Feb 22nd, 2018 by Saurenergy The move will create 12,000 jobs in the state, including direct employment for 5,500 people and indirect employment for 6,500 people, to facilitate development of 1200 MW of renewable energy installed capacity in the state. ReNew Power Ventures has signed a Memorandum of Understanding (MOU) with the Uttar Pradesh (UP) government to invest Rs 8,000 crore for 1,200 […] Read more
Kor Energy Clinches Best Rooftop Solar EPC Company Award Updated On Tue, Feb 20th, 2018 by Saurenergy This award is recognition to our commitment for promotion of green energy by utilizing rooftops of residential, commercial and industrial buildings across India, says Priyanka Mohan. Rooftop solar EPC company, Kor Energy (India) Pvt Ltd, has won the ‘Best Rooftop Solar EPC Company award’ 2018, sponsored by ET Now, part of Times Group. The award […] Read more
SunSource Energy Aims to Set-Up 200 MW Solar Park in UP Updated On Sat, Feb 17th, 2018 by Saurenergy The project will be financed through a mix of debt and equity. Solar power solutions provider, SunSource Energy Pvt Ltd is planning to build a 200-mw solar park in Uttar Pradesh (UP) with an investment of Rs 900 crore. Commenting on the matter, SunSource Energy, President, and Co-Founder, Kushagra Nandan said, “At the Uttar Pradesh Investors Summit […] Read more
SunSource Energy Raises Fund from SBICAP Neev Fund via PE Investment Updated On Fri, Feb 16th, 2018 by Saurenergy This investment would be used in developing solar project assets in states with low levels of capital investment, namely Uttar Pradesh, Rajasthan, Madhya Pradesh, Bihar, Orissa, Jharkhand, West Bengal and Chhattisgarh. Solar energy products supplier, SunSource Energy Pvt Ltd has raised an undisclosed amount from the Neev Fund, which is a joint venture between SBI […] Read more
After a Lull 2017, India’s Solar Power Sector is Rising Again Updated On Fri, Feb 9th, 2018 by Saurenergy With rising solar panel costs and other issues, the sector had witnessed a sharp decline in late months of 2017. The Indian solar power sector started on a good note in 2018. The good thing is that solar industry now has over 4,000 megawatts (MW) of projects that it is going to bid for and […] Read more
Azure Roof Power to Electrify 152 Schools under MHRD Across Six States Updated On Tue, Jan 30th, 2018 by Saurenergy Azure Power will sign the power purchase agreement with Navodaya Vidyalaya Samiti, an autonomous body under Ministry of Human Resource Development, Government of India. Azure Power has announced it has won a 11.35 megawatts (MWs) solar rooftop power project. This is the largest allocation for this auction, 60% of the total. Azure Power will sign […] Read more
Brijesh Pathak: UP To Set Up 10,700MW Solar Plants in Five Years Updated On Mon, Jan 29th, 2018 by Saurenergy The Uttar Pradesh Solar Power Policy 2017 targets usage of 10,700 MW of framework associated solar power extends before the finish of 2022. The Uttar Pradesh government will set up around 6,000 solar power plants to meet its spotless energy focus of 10,700 MW in the following five years, Additional Energy Sources Minister Brijesh Pathak […] Read more
Central Government to Asses Performance, Socio-Economic Impact of Solar Units Updated On Tue, Jan 23rd, 2018 by Saurenergy The basic idea is to review the performance of the installed solar systems and see if it is really being used by people or just lying idle after installation. Government of India is planning to assess the technical performance and socio-economic impact of over one lakh solar pumps and more than six lakhs residential solar […] Read more
