Azure Power Raises $135 Mn via Debt Financing from IFC Consortium Updated On Fri, Jun 1st, 2018 by Saurenergy The company will use these proceedings to finance approximately 200 MWs of it’s solar rooftop projects across the country. Indian solar power producer Azure Power has raised USD 135 million through debt financing from a consortium led by International Finance Corporation (IFC). The IFC led consortium also includes other lenders like FMO – the Dutch […] Read more
GAIL Installs India’s Second Largest Rooftop Solar Plant in Uttar Pradesh Updated On Tue, Jan 2nd, 2018 by Saurenergy The rooftop solar plant in Uttar Pradesh will generate over 79 lakh kilowatt hour (KWh) of electricity. State-run gas transmission utility GAIL India Limited said it has commissioned the country’s second biggest rooftop solar power plant in Uttar Pradesh. The firm has installed 5.76 megawatt peak (MWp) captive solar plant at its petrochemical complex at […] Read more
Azure Power Ties up with Overseas Private Investment Corporation (OPIC) Updated On Tue, Oct 4th, 2016 by Saurenergy Azure Power has announced that it has partnered with U.S. Government’s development finance institution- Overseas Private Investment Corporation (OPIC) for long-term low-cost debt financing facility of USD 20 million for 15 years at a cost of capital of 4.74%. The company will utilize the load to construct 19 MW new solar rooftop projects across multiple […] Read more
Jawaharlal Nehru Port Trust to harness solar power to reduce its dependency on conventional electricity Updated On Thu, Sep 29th, 2016 by Saurenergy Jawaharlal Nehru Port Trust (JNPT) has decided to harness solar energy installing solar power plant on several rooftops in its township and commercial premises and reduce its dependency on conventional electricity from the grid. This green initiative by the port trust is part of its push towards becoming the most sustainable energy generation port organization […] Read more
Odisha aims to install 70MW rooftop solar by 2022: Report Updated On Thu, Sep 1st, 2016 by Saurenergy Odisha is reportedly targeting 70MW of rooftop solar by 2022. Odisha Renewable Energy Development Agency (OREDA) has already received multiple residential applications for the installation of rooftop solar reports PV Tech. Ashok Choudhury, deputy director of projects at the Odisha Renewable Energy Development Agency (OREDA), speaking to the publication said it will cost around Rs. […] Read more
Orb Energy installed and commissioned a 200kw rooftop solar system in Andhra Pradesh Updated On Tue, Aug 30th, 2016 by Saurenergy Orb Energy has announced that it has successfully installed and commissioned a 200 kilowatt rooftop solar system at TGV Projects and Investments Private Limited, Kurnool, Andhra Pradesh. This is company’s 66th rooftop solar system that has been connected to grid in India. NP Ramesh, the Chief Operating Officer of Orb, said: “Orb is encouraging and […] Read more
Solar Rooftop Market in India to Grow at 60% Till 2021: TechSci Research Updated On Mon, Aug 8th, 2016 by Saurenergy TechSci Research in its latest report “India Solar Rooftop Market By State, By End User , By Connectivity, Forecast and Opportunities, 2021” has revealed that with increasing number of government initiatives coupled with favorable policy environment will boost solar rooftop market in India through 2021. India’s solar power potential within the country’s geographical limits is […] Read more
Rays Power commission 400KW rooftop solar project at Infosys Campus Updated On Mon, Aug 8th, 2016 by Saurenergy Rays Power Infra has announced that it has successfully commissioned 400 KW roof top solar PV project at the Infosys Campus in Hyderabad. The project spans across 4 buildings of the prestigious IT company’s premises. The rooftop solar PV project was executed on complete turnkey basis and it also earned the solar firm a repeat […] Read more
XRMC completes a 7.27 MW solar rooftop project in Xi’an Updated On Fri, Aug 5th, 2016 by Saurenergy XRMC, which is a subsidiary of the state-owned China Communication Construction Co. Ltd. (CCCC) has announced the connection of a 7.27 MW rooftop solar PV plant to the grid in the city of Xi’an, the capital of Shaanxi Province in central China. Xi’an Road Construction Machinery Co. Ltd’s rooftop project marks the parent company’s first […] Read more
