Indian Solar Sector Witnessed $1.6 Billion In Funding And M&A Transactions In Q1 2017: Mercom Capital Updated On Thu, Apr 13th, 2017 by Saurenergy Mercom Capital in its report states that ReNew Power was the highest funded company raising VC (venture capital), debt and project funding during the quarter. Renewable Energy Minister Piyush Goyal recently informed Rajya Sabha that India has added 5525 MW solar power generation capacity last fiscal, taking the total from this clean source to 12288 […] Read more
IDFC Alternatives looking to buy First Solar’s 200 MW assets in India for $200 million: Report Updated On Thu, Apr 13th, 2017 by Saurenergy IDFC Alternatives is interested in acquiring First Solar’s 200 MW power generation assets price valued at around Rs 200 million. IDFC is reportedly in talk with First Solar to buy its 200 MW worth of renewable energy assets in India. Live Mint citing close sources to the development reports that IDFC Alternatives is interested in […] Read more
Cochin International Airport to Double its Solar Capacity Updated On Thu, Apr 13th, 2017 by Saurenergy Cochin International Airport in southern India that is powered with a 15.5 MW solar power plant will soon see an expansion. The further expansion will make the airport as the world’s first to be powered solely by solar power. Back in 2015, Cochin International Airport Limited, the company that operates the airport in the southern […] Read more
Global Floating Solar Panels Market to Grow at a CAGR of 65.1%: Research and Markets Updated On Thu, Apr 13th, 2017 by Saurenergy Floating solar panels market is expected to witness robust growth with rising inclination towards clean energy of various economies across the globe Research and Markets in its latest report forecasts the global floating solar panels market to reach US$ 842.0 Mn by 2023, expanding at a CAGR of 65.1% during the forecast period 2016 to […] Read more
Vikram Solar commissions 20MW Solar Power Project for Jindal Aluminum in Karnataka Updated On Thu, Apr 13th, 2017 by Saurenergy Vikram Solar has used 73040 modules for the solar power project with 315wp capacity each, offering grid connectivity of 66KV to the Mayakonda Sub Station. Vikram Solar on Wednesday announced the commissioning of a 20 MW Solar Power Project in the state of Karnataka for Jindal Aluminum Ltd. Bangalore. Being nestled in Bavihalu, in the […] Read more
All 193 lighthouses across India have been solarized: Ministry of Shipping Updated On Wed, Apr 12th, 2017 by Saurenergy The complete solarization of Lighthouses is expected to reduce approximately 6000 Kg of greenhouse gases per day. Last year in October Directorate General of Lighthouse & Lightships (DGLL) announced that in order to reduce emission of CO2, it has decided to replace the conventional source of energy used at lighthouses with solar power for its […] Read more
Amaranto Launches Solar Investment Arm in India Targeting the Acquisition of 500 MW by 2018 Updated On Wed, Apr 12th, 2017 by Saurenergy Already active in India since 2016, Amaranto acquires 110 MW solar power project and aims to build 500MW of solar PV projects in various Indian states over the next three to four years. Renewable energy firm Amaranto Group has launched an investment arm; Amaranto Solar Power India dedicated to acquiring Solar PV projects in the […] Read more
Solar Frontier Americas Sales 40 MW Solar Power Project to Dominion Updated On Wed, Apr 12th, 2017 by Saurenergy Midway II solar power project (sited on 320-acres northwest of Calipatria, California) is part of Solar Frontier Americas’ 106 megawatts (DC) Midway projects portfolio Solar Frontier Americas has announced that it has sold its 40 megawatts (DC) (30 megawatts AC), Midway II solar power plant to a subsidiary of Dominion Energy Inc. Dominion serves more […] Read more
Solar Power Tariff Touches a New Low of Rs 3.15 Levelised Rate Updated On Wed, Apr 12th, 2017 by Saurenergy After the record breaking Rs 2.97 per unit solar tariff for REWA solar plant, the Indian renewable market once again witnesses the all time low of Rs 3.15 per unit solar tariff in an auction of a 250 MW solar power project in Andhra Pradesh. The levelised solar power tariff has dropped to all time […] Read more
