World Bank announces to provide more than $1 billion for India’s solar project Updated On Thu, Jun 30th, 2016 by Saurenergy The World Bank Group has signed an agreement with India led International Solar Alliance (ISA) to work together on increasing solar energy use around the world, with the goal of mobilizing $1 trillion in investments by 2030. The agreement was signed in the presence of Finance Minister Arun Jaitley, Power, Coal, New and Renewable Energy minister Piyush […] Read more
MNRE collaborates with KfW for floating solar projects in Maharashtra and Kerala Updated On Thu, Jun 30th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) in collaboration with Germany-based development bank KfW to set up two floating solar PV plants in the Maharashtra and Kerala. MNRE recently conducted a study to assess the potential of floating solar power in the country. Both the plants are estimated to cost around USD 46.15 million. “The KfW-funded […] Read more
NTPC invites bids for 18MW solar PV project in Andaman and Nicobar Updated On Thu, Jun 30th, 2016 by Saurenergy India’s largest utility NTPC has invited bids for 18MW grid-connected solar PV project in the Andaman and Nicobar Islands. The 18MW project at Chidiyatapu in South Andaman, A&N Islands will be awarded via a reverse auction, domestic competitive bidding process. Bidder shall provide comprehensive operation & maintenance of the plant for a period of five […] Read more
NHPC planning to set up 600MW solar project at Koyna dam in Maharashtra Updated On Mon, Jun 27th, 2016 by Saurenergy National Hydroelectric Power Corporation (NHPC) as part of an initiative to expand its solar portfolio is reportedly planning to set a 600-MW solar project at the Koyna dam in Maharashtra. NHPC is carrying out financial and feasibility study for the project. The company t plans to set up floating solar panels with pumped storage system […] Read more
Hartek Power to double its commissioned solar EPC projects to 500 MW by the end of current FY Updated On Sat, Jun 25th, 2016 by Saurenergy Hartek Power is reportedly planning to double its total commissioned solar engineering, procurement and construction (EPC) projects to 500 MW by the end of this FY. Speaking to ET Hartek Singh chairman of Hartek Power said completion of project on time is a major strength of solar power as compared to the duration that thermal […] Read more
South Delhi Municipal Corporation inks MoU with SECI for 20MW solar project Updated On Wed, Jun 22nd, 2016 by Saurenergy South Delhi Municipal Corporation on June 20 inked a pact with Solar Energy Corporation of India (SECI) to generate 20MW solar power through rooftop of buildings and spare land under the civic body. The memorandum of understanding (MoU) engaged SECI for setting up solar power plants on the rooftops and lands owned by SDMC and […] Read more
Tata Power Renewable Energy Limited bags 30MW solar project in Maharashtra Updated On Wed, Jun 22nd, 2016 by Saurenergy Tata Power has announced that its 100% subsidiary, Tata Power Renewable Energy Ltd. (TPREL) has bagged 30 MW grid connected photovoltaic project of in Maharashtra. The projects have been awarded in the DCR category under the Jawaharlal Nehru National Solar Mission (JNNSM) Phase-Il Batch-IlI Tranche-l under ‘State Specific Bundling Scheme’. TPREL will sign a 25 […] Read more
CLP India, Suzlon form JV for 100MW solar project in Telangana Updated On Tue, Jun 21st, 2016 by Saurenergy CLP India, one of the largest foreign investors in the Indian power sector, and Suzlon Group have formed joint venture for a 100 MW solar project at Veltoor in Telangana. As per the agreement signed between CLP India and Suzlon, CLP India acquired 49% stake in SE Solar, a special purpose vehicle (SPV) set-up by […] Read more
ACME to sell 275MW of its operational solar assets to IDFC Alternatives: Report Updated On Thu, Jun 16th, 2016 by Saurenergy IDFC Alternatives is reportedly gearing up to buy 275 megawatts (MW) of operational solar assets from ACME Solar. Livemint citing sources reports that the deal between the two companies will likely close in stages as “IDFC will need separate approvals from the lenders of the various assets and other approvals as per the power purchase […] Read more
