IFC to invest up to USD 125 mn in Hero Future Energies Updated On Fri, Aug 26th, 2016 by Saurenergy International Finance Corporation (IFC) has announced to invest up to USD 125 million with IFC Global Infrastructure Fund in Hero Future Energies. The USD 125 million of equity and proceeds will be used to fund the construction of solar and wind power plant projects. Hero Future Energies Pvt Ltd plans to have a total installed […] Read more
IPPAI announces the 17th edition of the Regulators and Policymakers Retreat Updated On Fri, Aug 26th, 2016 by Saurenergy Independent Power Producers Association of India (IPPAI) has announced the 17th edition of its flagship event Regulators and Policymakers Retreat (RPR 2016), to be held at The Lalit Golf and Spa Resort in Goa from September 22-25, 2016. Top policymakers and regulators from the power and allied sectors from across the country will participate in […] Read more
MNRE to introduce three new products under off grid and decentralized solar PV application scheme Updated On Fri, Aug 26th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) is gearing up to introduce three new products under off grid and decentralized solar PV application scheme. The ministry is also inviting comments on the new products which can be sent to [email protected] before 10th September. The three products include LED based street light, SPV based solar storages […] Read more
Kerala State Electricity Board’s solar panel atop dam gets ready Updated On Sat, Aug 20th, 2016 by Saurenergy Kerala State Electricity Board’s (KSEB) dam-top solar project located on the Banasura Sagar Dam at Padinharethara in Wayanad district is all set for commissioning. Developed with an estimated cost of Rs.4.293 crore, the dam-top solar plant is expected to generate five lakh units of power a year. Installed on the dam-top road at a length […] Read more
DESRI acquires First Solar’s 11 MW California PV project Updated On Thu, Aug 4th, 2016 by Saurenergy The Rancho Seco Solar Project, located on the site of a decommissioned nuclear power plant, marks the latest deal between D. E. Shaw Renewable Investments and First Solar. D.E. Shaw Renewable Investments (DESRI) has taken possession of First Solar’s 11 MW Rancho Seco Solar Project in Sacramento County, California, for an undisclosed amount. The First […] Read more
Phoenix Solar secures EPC to develop a 19.6MW solar plant in Texas Updated On Tue, Jul 26th, 2016 by Saurenergy Phoenix Solar, a subsidiary of Phoenix Solar AG, has been awarded the rights to develop a 19.6 MW solar plant in Texas, U.S. The U.S. subsidiary of the German-headquartered solar developer has been chosen by renewable energy company Apex to engineers, procure and construction (EPC) a single-axis tracking solar plant in Texas. The project, once […] Read more
NALCO Inviting Bids For 20MW Solar PV Project in Madhya Pradesh Updated On Fri, Jul 22nd, 2016 by Saurenergy National Aluminium Company Limited (NALCO), a Navratna CPSE under Ministry of Mines, Govt. of India inviting bid for setting up a 20MW solar PV project in Madhya Pradesh. The identified Govt. revenue land of approximately 55.62 hectare bearing Khasra Number 892,860,909,914,908,917,921,919,974,975,976 at Palra village, Susner Tehsil, Agar Malwa Dist of M.P, as per the requirement […] Read more
PM Narendra Modi invites India’s top fossil fuel ventures to contribute in solar Updated On Fri, Jul 22nd, 2016 by Saurenergy India’s topmost energy corporations are moving beyond their roots in fossil fuels to plough money into renewables, supporting the idea of Prime Minister Narendra Modi’s goal to expand the growth of alternatives to the most polluting forms of energy. According to the reports of state agency responsible for implementing energy policy, one of the prominent […] Read more
India sanctions scheme to develop 10 Solar Zones having at least 10000 hectares of land Updated On Thu, Jul 21st, 2016 by Saurenergy The Government o India has directed authorization to implement the scheme for setting up of 10 ‘Solar Zones’ each having at least 10000 hectares of govt. or privately owned uncultivable and fallow land in one or more than one patches to encourage solar PV project developers, investors and manufacturers to help achieve the nation’s massive […] Read more