J&K CM asks S&T Department to Undertake Projects for Harnessing of Solar Energy in a Big Way Updated On Tue, Feb 21st, 2017 by Saurenergy “Jammu and Kashmir has a fair potential for developing wind and solar energy which if harnessed adequately would rid the state of its energy deficiency.” Jammu and Kashmir Chief Minister Mehbooba Mufti has asked the Science and Technology (S&T) Department to undertake projects for harnessing of solar energy in a big way to supplement the energy needs of the […] Read more
IFC Mulls Rs 100 cr Investment in CleanMax to Fund 250 MW of Solar Power Projects Updated On Wed, Feb 15th, 2017 by Saurenergy CleanMax Enviro Energy Solutions could receive Rs 100 crore to commission more than 250 MW of solar power projects. International Finance Corp, the private sector investment arm of the World Bank, could invest about Rs 100 crore in renewable energy company CleanMax Enviro Energy Solutions, one of the largest solar power solutions providers in India. […] Read more
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
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
Mytrah Energy signs pacts for 2000 MW Renewable Energy Projects in Andhra Pradesh Updated On Sat, Feb 4th, 2017 by Saurenergy Mytrah Energy has signed a deal worth Rs 13000 crore for the installation of 2000 MW Renewable Energy Projects spread across eight districts of Andhra Pradesh Mytrah Energy has signed pacts for 2000 MW of renewable Energy projects worth Rs 13,000 crore in Andhra Pradesh. The MoUs were inked in the presence Chief Minister N […] Read more
Hero Future Energies Adopts SAP S/4HANA to Power Digital Transformation Updated On Tue, Jan 31st, 2017 by Saurenergy By adopting SAP S/4HANA, Hero Future Energies will have a proven foundation to take the lead in this age and transform into a ‘Live Business’ Hero Future Energies has adopted SAP S/4HANA to bring about digital transformation through end-to-end business process integration and provide operational, financial efficiencies across 25 project sites in India. SAP S/4HANA […] Read more
Storage-linked Solar Power to Reach 5 kWh by 2022 Updated On Mon, Jan 23rd, 2017 by Saurenergy Renewable Energy like solar power is available for half the cost, and can reach 5 kWh by 2022. Renewable Energy like solar power with storage is already available at half the cost, compared with power from diesel-run generators, according to industry watchers. Vikram Kailas, Managing Director and CEO, Mytrah Energy, told BusinessLine: “We are probably […] 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
India as a solar power bright spot helps fill Japan, China slowdown Updated On Fri, Jan 20th, 2017 by Saurenergy India is expected to double up its solar power capacity outpacing once-booming Japan India may be a bright spot for global solar power markets this year as it adds capacity at a record pace, becoming one of the top regions for panel producers struggling with rock-bottom prices. India is expected to add nearly twice as […] Read more