India’s Solar Capacity Grows Over 3 Folds to 10,000 Megawatt in Three Years Updated On Tue, Mar 14th, 2017 by Saurenergy India has crossed 10 GW of Solar power capacity, which is more than 3 times increase in less than 3 years. India’s solar power generation capacity has crossed 10,000 megawatt (MW), a more than three-time jump in less than three years as government pushes for renewable energy sources to meet galloping demand. The milestone came […] Read more
Madhya Pradesh Shows Solar Power Is Here To Stay And Make Significant Contributions To The Country’s Energy Mix Updated On Wed, Feb 15th, 2017 by Saurenergy Assuring developers of risk mitigation in terms of electricity offtake, by Rewa Ultra Mega Power Limited (a joint venture of Solar Energy Corporation of India Limited and Madhya Pradesh Urja Vikas Nigam Limited), also contributed to the drop. The solar revolution in India marches on, with renewed momentum, if the recently concluded reverse bidding auction […] Read more
Rajasthan Lags Behind Neighboring States in Solar Power Projects Updated On Tue, Feb 14th, 2017 by Saurenergy Rajasthan falls behind Neighboring States under Grid connected roof-top and small solar power plants programme. Rajasthan has lagged behind neighbors like Madhya Pradesh, Haryana and Gujarat in new and renewable energy despite holding a huge potential in the sector. According to Union ministry of new and renewable energy (MNRE) data, Rajasthan has only 31 MW […] Read more
Solar Power Rate Touches Record Low Updated On Fri, Feb 10th, 2017 by Saurenergy Auction for world’s biggest solar power park in Rewa saw per unit tariff coming down to as low as Rs 2.99 per unit. Solar power rate touched a record low in Madhya Pradesh with per unit tariff coming down to as low as Rs 2.99 per unit. Auction for world’s biggest solar power park in […] 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
India’s Total Solar Power Capacity Crosses 9 GW Updated On Tue, Feb 7th, 2017 by Saurenergy India’s Solar Power Capacity Crosses 9000 Megawatt with Tamil Nadu leading the Pack Country’s solar power generation capacity stood at over 9 GW as on December 31, 2016 with Tamil Nadu having the largest output capability followed by Rajasthan and Gujarat. Total solar power generation capacity was 9,012 MW as on December 31, 2016. Tamil […] Read more
750 MW Rewa Solar Power Project to Break New Ground Updated On Tue, Jan 17th, 2017 by Saurenergy The 750 MW solar powers tender for Rewa might break Rs 4 per unit barrier Bids for the proposed and much delayed 750 MW solar power tender in the Rewa district of Madhya Pradesh are expected to be submitted early next week although another extension still seems likely. The project is being tendered by Rewa […] Read more
Solar power tariff hits all time low at Rs. 3 per unit Updated On Wed, Nov 30th, 2016 by Saurenergy The solar tariff has fallen to an all—time low of Rs. 3 per unit, which was quoted by Amplus Energy Solutions in an auction for rooftop solar power conducted by Solar Energy Corporation of India (SECI). “In a move that will offer the cheapest power from solar rooftop plants, Amplus Energy Solutions has won a […] Read more
Hindustan Power to invest Rs 17000 crore in Madhya Pradesh, focuses on solar Updated On Wed, Nov 30th, 2016 by Saurenergy Hindustan Power will invest Rs 17000 crore in Madhya Pradesh in the energy sector by 2020. This will account for half of the company’s investment plan across the country by that year. Apart from its 1200 MW thermal power plant in Anuppur district, Hindustan Power, formerly known as Moser Baer, has commissioned a 30 MW […] Read more
