Fortum announces to invest EUR 200–400 million in solar projects in India Updated On Tue, Apr 12th, 2016 by Saurenergy Finnish utility firm Fortum on Tuesday announced to invest euros 200-400 million (Approx. Rs 15100-30200 crore) in solar power projects in India. Fortum in a statement said “the country offers one of the best solar resources and a sound government support for the development of the solar sector. The country provides a good platform for […] Read more
Chandigarh grain, fruit, and vegetable market to run on Solar Power Updated On Tue, Apr 12th, 2016 by Saurenergy The UT Administration on Monday in a meeting chaired by Deputy Commissioner Ajit Balaji Joshi discussed plan for newly proposed grain, fruit, and vegetable market in Sector 39. The administration also decided that the market will run on solar power and will have green technology features. Joshi has set target of one-year for the completion […] Read more
IDFC Alternative is in talks with Delhi-based ACME Solar to invest Rs.600 crore: Report Updated On Tue, Apr 12th, 2016 by Saurenergy IDFC Alternatives is in talks with Delhi-based ACME Solar to invest Rs.600 crore claims a report. Livemint citing sources reports that talks between the two companies are in an advanced stage and the deal is expected to close soon. ACME will pump the fund to complete its solar project that is still under development across various […] Read more
Canada-based solar firm SkyPower Global looking to shed equity in Madhya Pradesh project Updated On Tue, Apr 12th, 2016 by Saurenergy After SunEdison, a Canada-based solar firm SkyPower Global is looking to exit from the Indian market. Last year in July the firm bagged contracts to set up solar plants of 150 MW in Madhya Pradesh and now it is looking to offload equity. According to ET SkyPower Global has approached two leading India based renewable […] Read more
Over Rs. 71,200 crore sanctioned for Renewable Energy Sector by Banks & NBFCs since February, 2015 Updated On Mon, Apr 11th, 2016 by Saurenergy Banks & Non-Banking Financial Companies (NBFCs) have sanctioned over Rs. 71,201.54 crore to finance various renewable energy projects and disbursed Rs. 29,529.57 crore against the sanctioned amount since February 2015 till 21 March, 2016. During RE-INVEST 2015, 40 major Banks and Non-Banking Financial Companies (NBFCs) committed to provide debt funding to Renewable Energy Projects aggregating […] Read more
Govt. upbeats Solar Power Generation to 48GW by 2019 Updated On Mon, Apr 11th, 2016 by Saurenergy Eyeing the indigenous growing solar reputation, the government is aiming to extend the solar power generation capacity to 48GW by early 2019, giving an early deed to the promising 100 GW National Solar Mission chalked by 2022. Latest projections from The Ministry of New and Renewable Energy (MNRE), has benchmarked a target generating 48GW grid […] Read more
Cost of Solar energy is less than that of conventional energy: Piyush Goyal Updated On Sun, Apr 10th, 2016 by Saurenergy Power, Coal and New & Renewable Energy Minister, Piyush Goyal speaking at a lecture organized by Mahratta Chamber of Commerce and the Pune International Centre of State (IC) said energy is important part of our ecosystem and setting up of a multilateral Agency of International Solar Alliance is a demonstration of our concern for issues […] Read more
Solar Urja Expo 2016 Updated On Sun, Apr 10th, 2016 by Saurenergy Solar Urjja Expo concluded recently on 10th April where major players like Su-Kam, Luminous,Tata Power Solar, Sedna Energy congregated to showcase their solar products. The expo was organized by Urja Samiti by the support of MNRE, SESI, IREDA and HAREDA. Read more
People in Himachal Pradesh can now access solar energy at 70% subsidy Updated On Sat, Apr 9th, 2016 by Saurenergy People in Himachal Pradesh can now access solar energy at 70 per cent subsidy. As per the guidelines of the Ministry of New and Renewable Energy (MNRE) people opting for grid connected rooftop solar panels/power plant will be given 70 per cent subsidy. The surplus power produced by rooftop solar panels/power plant can be sold […] Read more
