Piramal, APG to invest USD 132 million in Essel Infra’s Solar IPP venture Updated On Wed, Mar 30th, 2016 by Saurenergy Piramal Enterprises and Dutch pension fund asset manager APG Asset Management will invest USD 132 million to power the Essel Infrastructure’s Solar IPP platform across India. Piramal Enterprises Limited will make the investment in Essel Green Energy, the solar arm of Essel Infraprojects Ltd through its Structured Investment Group. Essel Green Energy Private Ltd currently […] Read more
NTPC issues RfS for solar developers to set up a 250MW solar PV project in Andhra Pradesh Updated On Fri, Mar 25th, 2016 by Saurenergy NTPC has released request for selection (RfS) for solar developers to set up a 250MW solar PV project in the Kadapa Ultra Mega Solar Park in Andhra Pradesh. The tender will come as part of National Solar Mission (NSM) Phase-II and deadline for bids is 27th May 2016. Last week consultancy firm Bridge To India estimated […] Read more
SunEdison finds difficult to get buyers for its projects in India Updated On Wed, Mar 23rd, 2016 by Saurenergy US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […] Read more
American financial institution to allocate $421 million to India for solar, internet projects Updated On Tue, Mar 22nd, 2016 by Saurenergy American financial institution to allocate $421 million to India for its solar and broadband projects reports PTI. It will enable the country to become a low carbon economy and expand the internet infrastructure. Last week US Government’s development finance institution, Overseas Private Investment Corporation (OPIC), sanctioned $250million to subsidiaries of ReNew Power Ventures Private Limited […] Read more
SolaireDirect bags 75MW solar power project in Uttar Pradesh Updated On Mon, Mar 21st, 2016 by Saurenergy French multinational electric utility company ENGIE through its subsidiary Solairedirect has won a 75 MW solar power project in Uttar Pradesh. The firm has quoted viability gap funding (VGF) of Rs.7.435 million/MW. Last week Solar Energy Corporation of India (SECI) awarded a 50MW project to Indian conglomerate RattanIndia Power in Allahabad, Uttar Pradesh with VGF […] Read more
Five Football Size Floating Solar Project to aid Brazil’s Electricity Crisis Updated On Mon, Mar 14th, 2016 by Saurenergy Acclaimed as an environmental crime, Balbina dam today merely generates electricity. Located near the equator line some 200 kilometers (125 miles) north of the Amazonian city of Manaus, the dam once deluged a section of the Amazon rainforest. Today, this huge artificial lake is been eyed conducive for a revolutionary floating solar panels project. Built during Brazil’s 1964-1985 […] Read more
ReNew Power inks PPAs for 286 MW Solar Project in Telangana Updated On Wed, Mar 9th, 2016 by Saurenergy The Indian solar and wind energy major, ReNew Power Ventures signs a Purchase Power Agreements (PPAs) for four solar ground mounted projects with combined capacity of 286 MW in Telangana. Winning the highest bid for 2000 MW solar projects in the state, the company has well-stable to be the largest solar energy company in Telangana […] Read more
Borg Energy undertakes project to convert quarters of MPs into 100 % green energy efficient spaces Updated On Thu, Mar 3rd, 2016 by Saurenergy US-based Borg Energy Pvt Ltd has successfully completed a significant project to convert over 60 residential quarters of Members of Parliament into 100 % green energy efficient spaces. Borg Energy Pvt Ltd under its Solar Photo Voltaic Power Projects has been undertaken the initiative for the Central Public Works Department of New Delhi. The company […] Read more
SECI invites engagement of Advisor/Consultant for developing business prospects under Solar Pumping Programme Updated On Wed, Mar 2nd, 2016 by Saurenergy Solar Energy Corporation of India Ltd. has invited applications from eligible Indian National for engagement as Consultant/Advisor for developing business prospects under its Solar Pumping Scheme. The contract period is initially for a period of 06 months and can be terminated by giving a prior notice of minimum 2 (two) weeks and may be extended […] Read more