BHEL Gets EPC Orders Worth Over Rs 125 Cr to Set-up Solar PV Plants in Gujarat Updated On Tue, Jun 12th, 2018 by Saurenergy The company has bagged the first order from Gujarat Alkalies and Chemicals Ltd (GACL) for setting up of a 20 MW SPV power plant. State-owned Bharat Heavy Electricals Ltd (BHEL) has won the two orders in Gujarat worth aggregating more than Rs 125 crore for setting up of Solar Photovoltaic (SPV) power plants on Engineering, Procurement […] Read more
Tata Power Renewable Gets 150 MW Solar Proj in MSEDCL’s 1,000 MW Bid Updated On Mon, Jun 11th, 2018 by Saurenergy The company has received the Letter of Award (LoA) to develop the project and will sign a 25 year Power Purchase Agreement (PPA) with the MSEDCL. Tata Power’s renewable arm Tata Power Renewable Energy Ltd (TPREL) has bagged the 150 MW solar PV project in the bidding process of Maharashtra State Electricity Distribution Co Ltd’s […] Read more
India, Peru Sign MoU on Co-op in New & Renewable Energy Updated On Thu, Jun 7th, 2018 by Saurenergy The MoU aimed to establish the basis for a cooperative institutional relationship to encourage and promote bilateral technical cooperation in new and renewable energy on the basis of mutual benefit, equality and reciprocity between the two countries, it said. India and Peru has signed a Memorandum of Understanding (MoU) for co-operation in the field of […] Read more
India Intends to Partner with UN to Promote Solar Energy Updated On Thu, Jun 7th, 2018 by Saurenergy While expressing his optimism and hope Syed said that by the next year’s World Environment Day commemoration, solar energy will be part of the energy mix used in the UN headquarters. As part of the efforts to protect and preserve the environment, India’s Permanent Representative to the UN Syed Akbaruddin said, that the country aims […] Read more
Greenko in Advance Stages of Buying Essel Infra’s Solar Biz Updated On Tue, Jun 5th, 2018 by Saurenergy When contacted, an Essel spokesperson told sources, “As an infrastructure conglomerate, we keep on evaluating various opportunities. However, we would not like to comment on market speculation.” Greenko also declined to comment on the deal. A part of Subhash Chandra-led Essel group, Essel Infraprojects is in advance stage of selling 685 MW solar business to […] Read more
Renewable Energy Attracted $42 Bn of Investment in 4 Years: MNRE Updated On Tue, Jun 5th, 2018 by Saurenergy New opportunities have emerged. Altogether new business space has been created. Indian companies have begun to explore foreign stock exchanges as a source of funds. An investment of $42 billion was attracted by India’s Renewable Energy Sector in last four years and over the same period of time, the green energy projects created over 10 […] Read more
A Path breaking Journey in Renewable Energy through last 4 years Updated On Tue, Jun 5th, 2018 by Saurenergy Last 4 years have been path-breaking in India’s renewable energy landscape. Renewable power installed capacity has already reached over 70 GW. Over 40 GW renewable power capacity is under construction/tendered. Globally, India stands 4th in wind power 5th in renewable power and 6th in solar power installed capacity. Solar energy capacity increased by over 8 […] Read more
REC Pledges $1 Million Contribution Towards International Solar Alliance Updated On Tue, Jun 5th, 2018 by Saurenergy In presence of the Power Minister R K Singh, REC’s Director (Technical) S K Gupta and other senior officials from the two organizations, the REC Chairman and Managing Director P V Ramesh handed over the cheque to Interim Director General of ISA Upendra Tripathy. Rural Electrification Corporation, (REC) a state-run power sector financier has announced […] Read more
Greenko Agrees to Buy Orange Renewables for $1 Billion Updated On Mon, Jun 4th, 2018 by Saurenergy The acquisition would mean Greenko standing at par with ReNew Power in terms of the total operating capacity of nearly 4.3 GW. It will surpass the Tata Power who has generated the total of 2 GW from renewable energy so far. With the acquisition of solar and wind portfolio of Orange Renewables for $1 billion, […] Read more
