HP tapped less than one per cent of its solar power potential CAG Updated On Fri, Apr 15th, 2016 by Saurenergy Comptroller and Auditor General of India in its report said that Himachal Pradesh has been able to tap less than one per cent of its solar power potential. According to the report HP has installed 3.29 MW solar power till March 2015 against its potential of 33,000 MW. The report also stated that Himachal Pradesh […] Read more
Fortum bags 100 MW solar power park project in a reverse auction in Karnataka Updated On Wed, Apr 13th, 2016 by Saurenergy Finnish utility firm Fortum has announced that it won bid for 100 MW solar power park in the reverse auction. The reverse auction was conducted by NTPC on 12th April 2016 for the selection of 500 megawatt (MW) grid connected solar PV projects under Batch II Tranche I of JNNSM phase II. The solar power […] Read more
Hindustan Power commissions 30 MW solar farm in the Mansa district of Punjab Updated On Wed, Apr 13th, 2016 by Saurenergy The clean energy arm of Hindustan Power has commissioned a 30 MW solar farm in Mansa district of Punjab. The company has invest Rs. 200 crore for the mid-sized, grid-connected solar farm to tap the solar energy potential of the stateestimated at 4-7 KWH/sq.mtr of solar insolation levels—and enable Punjab to achieve its renewable purchase […] Read more
IGI Airport upgrades solar power plant’s capacity by over three times Updated On Wed, Apr 13th, 2016 by Saurenergy The private air operator, Delhi International Airport Ltd. (DIAL) on Tuesday announced that it has upgraded the solar power plant’s capacity by over three times-. DIAL has enhanced the current solar power generation capacity at the IGI Airport from 2.14 MW to 7.84 MW, making the airport largely dependent on green energy as the power […] 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
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
