IDFC Alternatives to Acquire First Solar’s India portfolio for Rs 1950 Crore Updated On Mon, Jul 31st, 2017 by Saurenergy IDFC infrastructure will acquire entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India for around $300 million. The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects […] Read more
Government Extends Projects deadline Granting Major Relief to the Solar Power Developers Updated On Mon, Jul 31st, 2017 by Saurenergy Developers had raised an alarm over a letter from the Ministry of New and Renewable Energy (MNRE) this month directing all states to strictly enforce deadlines for solar projects, eschewing extensions. The government has granted major relief to solar power developers, allowing deadlines for project development to be extended in cases where there were delays […] Read more
Andhra Pradesh and Rajasthan Leaves Tamil Nadu Behind in Installed Solar Capacity Updated On Sat, Jul 29th, 2017 by Saurenergy Statistics show only 630 MW of solar power was installed in Tamil Nadu in 2016-17 against 919.24 MW in 2015-16. Unlike Andhra Pradesh, which acquires land for solar parks, Tamil Nadu leaves developers the land acquisition responsibility, which takes time. Ministry of new and renewable energy data, released in the Lok Sabha, shows that at […] Read more
India Aspiring For Global Leadership in Climate Action: Anand Mahindra Updated On Fri, Jul 28th, 2017 by Saurenergy Heavy investment in solar and wind has helped drive down costs of electricity to a point where, in many places, renewable sources can generate electricity more cheaply than conventional sources such as coal. India is aspiring for a global leadership in climate action and has set an “ambitious” goal of receiving 40 per cent of […] Read more
Implementation of Bio-Fuel Scheme Updated On Thu, Jul 27th, 2017 by Saurenergy For the development of Biofuels, a National Policy on Biofuels has been announced in the year 2009. The Government, is implementing the Ethanol Blended Petrol (EBP) Programme under which, Oil Marketing Companies sell ethanol blended petrol with percentage of ethanol up to 10% as per BIS specifications, depending upon its availability. This was stated by […] Read more
World Bank Loan for Solar Projects Updated On Thu, Jul 27th, 2017 by Saurenergy World Bank financing of USD 100 Million for development of internal infrastructure of solar parks has been planned by Indian Renewable Energy Development Agency Ltd. (IREDA) under the aegis of Ministry of New & Renewable Energy. The World Bank loan is proposed to flow to the interested Solar Power Park Developers (SPPDs) through IREDA. This […] Read more
Jaipur Metro Rail’s Rooftop Solar Plant Project Hits Blockade Updated On Wed, Jul 26th, 2017 by Saurenergy The approval for installation of Rooftop Solar Plant was received by the Centre, but the proposal failed to take off as permission was not received from the state government. The Jaipur Metro Rail Corporation’s (JMRC) plans to make its station energy self-sufficient by installing rooftop solar plant has hit a roadblock. Under the Central government’s […] Read more
SunPower to Supply 29.9MW of High Efficiency Solar Panels for Tenergie Solar Projects in France Updated On Tue, Jul 25th, 2017 by Saurenergy The SunPower panels are being installed on 157 rooftop projects totaling 26.8 megawatts and two ground-mount projects totaling 3.1 megawatts. Tenergie expects to commission all of the projects before the end of next year. SunPower, a majority-owned subsidiary of Total SA, and Tenergie, an independent renewable power producer have announced that SunPower is supplying 29.9 […] Read more
Buy Abroad Diktat Doesn’t Worry India’s Solar Sector Updated On Mon, Jul 24th, 2017 by Saurenergy India has to make suitable policy changes to protect its fledgling solar manufacturing sector from foreign competition. India has to make suitable policy changes by December this year to remove measures it had undertaken to protect its fledgling solar manufacturing sector from foreign competition, according to a recent notice issued by the Dispute Settlement Body […] Read more
