India May Not Achieve 100 GW Target by 2022: Report Updated On Thu, May 17th, 2018 by Saurenergy The current bidding environment in India is ‘irrationally aggressive’. Around 70% of the total respondents were of the opinion that the aggressive nature of bidding, that lowered tariffs for wind and solar energy to Rs 2.43 and Rs 2.44 per unit respectively, is not feasible for the growth. The target of adding 175 GW of […] Read more
ENGIE Completes Fenix’s Acquisition to Bring Affordable Power to Africa Updated On Wed, Apr 4th, 2018 by Saurenergy Through this partnership, Fenix will gain access to ENGIE’s supply chain, expertise, long-term capital investments and talent across the energy value chain. Global utility company ENGIE has completed the acquisition of the off-grid energy leader Fenix International. ENGIE and Fenix have ambitious targets to reach millions of households across Africa and this partnership will accelerate […] Read more
Mirzapur Solar Plant gets Rs 74.25 lk per MW Viability Gap Funding from Govt Updated On Thu, Mar 15th, 2018 by Saurenergy The electricity generated by the project will be supplied by ENGIE at the rate of Rs 4.43 per unit for a period of 25 years. The Mirzapur’s 75 MW solar power plant, set-up by the French firm ENGIE at a cost of around Rs 528 crore, has got Rs 74.25 lakh per MW Viability Gap […] Read more
UP’s Biggest Solar Power Plant Sets up via Transparent Auction: Govt Updated On Thu, Mar 15th, 2018 by Saurenergy The plant, built at a cost of around Rs 528 crore, will generate 13 crore units of electricity per annum. The government said the biggest solar power plant in the state of Uttar Pradesh (UP) has been set up via a transparent bidding process under the solar park scheme of the Ministry of New and […] Read more
Modi, Macron Inaugurate Solar Power Plant in UP Updated On Mon, Mar 12th, 2018 by Saurenergy The solar plant was built at a cost of around Rs 500 crore by French firm ENGIE. Prime Minister Narendra Modi and French President Emmanuel Macron has jointly inaugurated the Uttar Pradesh’s (UP’s) biggest solar power plant, which was built at a cost of around Rs 500 crore by French firm ENGIE. The 75 MW […] Read more
India Need At Least $125 Bn Fund To Achieve Its Renewable Goal Updated On Thu, Jan 18th, 2018 by Saurenergy In 2015, India said speculation of $100 billion in the seven years to 2022 would be expected to meet its sustainable power source objectives. India will require at any rate $125 billion to subsidize its aspiring arrangement to expand the offer of sustainable power supply in the nation’s matrix by 2022, an imminent government official […] Read more
Andhra Pradesh to Purchase Electricity from Kadapa Solar Power Park Updated On Thu, Nov 23rd, 2017 by Saurenergy A total of about 460MW of solar power projects have been sanctioned to Engie in India. Andhra Pradesh after withdrawing its stand against a major state utility guideline will now purchase electricity from Kadapa Solar Power Park. The agreement will allow the state to buy electricity at a lower cost as compared to the proposed […] Read more
World’s Largest OPV System Installed on French School Roof Updated On Thu, Nov 16th, 2017 by Saurenergy The goal of this experimental project is to open the door to longer term and large-scale development of OPV technology. French multinational Engie has inaugurated the world’s largest organic photovoltaic (OPV) system on a roof at a school in France, with Heliatek’s technology. The 530m2 roof of the Pierre Mendès-France secondary school, in La Rochelle, […] Read more
ENGIE Accelerates Its Development in the Off-Grid Energy Market by Joining Forces with Fenix Updated On Mon, Oct 23rd, 2017 by Saurenergy Fenix will be the agile growth engine for ENGIE’s SHS business in Africa and enable us to become a leading profitable off-grid energy services company on the continent, reaching millions of customers by 2020. ENGIE and Fenix announced that they have agreed on a transaction in which ENGIE will acquire1 100% of Fenix International, a […] Read more
