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
Tata Power Become Largest Renewable Energy Company In India with 3,060 MW operating capacity Updated On Tue, Jan 17th, 2017 by Saurenergy The company is also in the process of implementing nearly 500 MW of renewable power projects at various locations. Tata Power announced that the Company’s total generation from non-fossil operating capacity stands at 3060 MW, making it the largest renewable energy Company in India. The company’s renewable energy portfolio comprises of 693 MW of Hydro, […] Read more
Four renewable energy projects in developing countries identified by ADFD and IRENA to receive $ 44.5 million funding Updated On Mon, Jan 16th, 2017 by Saurenergy ADFD’s funding will support a diverse set of renewable energy projects including a hybrid micro-grid project employing solar PV and advanced lithium-ion batteries, a hydropower project, integrated wind and solar, and a combination project consisting of micro-grid and solar home kits. Abu Dhabi Fund for Development (ADFD) and the International Renewable Energy Agency (IRENA) has […] Read more
India’s first solar power boat launched in Kochi Updated On Fri, Jan 13th, 2017 by Saurenergy Aaditya, India first ferry boat that runs on solar power launched in the 2.5-km Vaikom Tavanakkadavu sector. The country’s first solar ferry boat ‘Aaditya’ was launched in the 2.5-km Vaikom-Tavanakkadavu sector, even as the state government sought Central financial assistance to roll out 10 more such passenger boats as part of its aim to replace […] Read more
Tata Power Renewable Energy commissions a 49MW Solar Power Plant in Tamil Nadu Updated On Thu, Jan 12th, 2017 by Saurenergy A 49MW Solar Power Plant commissioned by Tata Power Renewable energy at Kayathar is ready for operation. Tata Power Renewable Energy Ltd has announced the commissioning of 49MW solar power plant at Kayathar, Tamil Nadu. The operating renewable energy capacity of the company, a unit of Tata Power, has reached 1,876 mw, comprising 915MW of […] Read more
Duke Energy Florida to build solar power plant in Suwannee County Updated On Thu, Jan 12th, 2017 by Saurenergy Duke Energy announced the location of its newest universal solar power plant, which will provide cleaner, smarter energy solutions for Florida customers. It will be built on 70 acres near Live Oak, Fla., just east of the existing Suwannee River Power Plant. The new Suwannee Solar Facility will produce 8.8 megawatts (MW) of carbon-free energy, […] Read more
sPower hits one gigawatt (GW) milestone for operating solar power projects before the end of 2016 Updated On Mon, Jan 9th, 2017 by Saurenergy In just the last 65 days, the company connected nearly 500MW of wind energy and solar power projects to the grid. sPower has announced that it has crossed the one gigawatt (GW) milestone for operating solar power projects before the end of 2016. This takes sPower’s total portfolio of operating renewable assets to 1,153 megawatts […] Read more
Hero Future Energies Raises USD 125 Million from World Bank’s private investment arm to fund RE projects Updated On Thu, Jan 5th, 2017 by Saurenergy HFE signed an agreement with IFC for the investment, the proceeds of which will be used to fund the construction of wind and solar power plants Hero Future Energies (HFE) has raised US$ 125 million in equity infusion from International Finance Corporation (IFC), the World Bank’s private investment arm. HFE signed an agreement with IFC […] Read more
Gujarat Government to announce Solar-Wind Hybrid Policy 2017 Updated On Fri, Dec 30th, 2016 by Saurenergy Considering the advantages of integrated solar and wind power projects, the state government of Gujarat has decided to announce a new policy for such hybrid plants. It will be called Solar-Wind Hybrid Policy 2017. The government intends to invite suggestions from interested companies and other stakeholders for the proposed policy within a month. “The decision […] Read more
