SoftBank’s investments in India to surpass $10 billion in 5-10 years Updated On Wed, Jun 1st, 2016 by Saurenergy Japanese telecom and Internet giant SoftBank has announced that its investments in the country will surpass USD 10 billion in 5-10 years. Chief Executive Masayoshi Son to PTI said SoftBank will make its first USD 350 million investment in a solar project in India and expand in next 5-10 years, probably around USD 10 billion. […] Read more
Tata Power Renewable Energy bags 100 MW solar project in Karnataka under NSM Updated On Fri, May 20th, 2016 by Saurenergy Tata Power Renewable Energy (TPREL) has bagged two solar grid connected photovoltaic projects of 50 MW capacities each in Pavagada Solar Park in the Tumkur district of Karnataka. The projects have been awarded through OPEN category under the Jawaharlal Nehru National Solar Mission (JNNSM) Phase-Il Batch-Il Tranche-l under ‘State Specific Bundling Scheme’. TPREL has received […] Read more
SkyPower enters into an agreement with BYD to submit a joint bid for 750 MW Solar Power in India Updated On Sat, May 14th, 2016 by Saurenergy SkyPower has entered into an agreement with BYD to submit a joint bid in the upcoming tenders for solar power generation capacity and energy storage of up to 750 MW in India. The agreement was signed during the opening ceremony of the China-Canada Economic and Trade Cooperation Conference in the presence of Hu Chunhua, Party […] Read more
SECI asks World Bank to finance 50% of it solar projects Updated On Tue, May 3rd, 2016 by Saurenergy The Solar Energy Corporation of India (SECI) set up originally to help the growth of solar power in the country by holding auctions and promoting projects under the Jawaharlal Nehru National Solar Mission, is now going ahead with plans of developing a second suite of PV projects in India claims a report. According to ET […] Read more
First Solar to Announce First Quarter Financial Results on April 27, 2016 Updated On Wed, Apr 20th, 2016 by Saurenergy First Solar will announce financial results for the first quarter (ended March 31, 2016), after the market closes on Wednesday, April 27, 2016. The Company will hold its quarterly conference call to discuss these results and updated outlook for 2016 at 4:30 PM ET (2:00 AM IST). Investors can access a live webcast of this […] Read more
Suzlon acquires five solar companies to implement various renewable energy projects Updated On Wed, Apr 20th, 2016 by Saurenergy Suzlon Energy Ltd on Tuesday announced that it has acquired five solar energy companies for an undisclosed sum to help implement various renewable energy projects across the country. The firm informed BSE in a regulatory filing that it has acquired Gale Solarfarms, Tornado Solarfarms, Abha Solarfarms, Aalok Solarfarms and Shreyas Solarfarms to implement various renewable […] Read more
Indian Banks edgy, as Solar Companies fails to deliver Updated On Thu, Apr 14th, 2016 by Saurenergy What could make Prime Minister Narendra Modi’s plans of capitalizing $100 billion of solar power from foreign investments edgy? Indeed, an In-Flow and Out-Flow leeway of Investment and Finance. The global renowned US Company, SunEdison standstill on at least $1.4 billion of loans and credit facilities, is seeking to sell as much as 1 gigawatt(GW) […] Read more
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
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
