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
Cleanergy Now Becomes Azelio; Raises 100 Mn SEK via Pvt Placement Updated On Mon, Jun 11th, 2018 by Saurenergy The move has come as a representation of the company’s solar focus and to better differentiate from the competition on the global arena. In order to accelerate the commercialization of its unique solar energy technology, storage solutions provider Cleanergy has changed its name to Azelio. The move has come as a representation of the company’s […] Read more
Maharashtra Plans Swiss Challenge Method for Floating Solar Power Bids Updated On Mon, Jun 11th, 2018 by Saurenergy The Swiss challenge system says anyone with the suitable credentials can submit a development proposal to the government for the projects. Thereafter the proposal will be put online and the other interesting parties can suggest the changes in the proposal. Also, they can oppose it. To finalize a bidder to set up the floating solar […] Read more
Make in India: Country’s First Technology Transfer Pact for Li-Ion Batteries Inked Updated On Mon, Jun 11th, 2018 by Saurenergy The agreement was signed between Central Electro Chemical Research Institute (CECRI), Karaikudi, Tamil Nadu under Council of Scientific & Industrial Research (CSIR) and RAASI Solar Power Pvt Ltd. To boost the government’s Make in India initiative, a Memorandum of Understanding (MoU) on first transfer of technology for the country’s Lithium Ion (Li-ion) batteries was signed […] Read more
PM Extends Invitation to Kazakhstan to Join Solar Alliance Updated On Mon, Jun 11th, 2018 by Saurenergy PM also held series of meetings with leaders of other SCO countries. Those include Chinese President Xi Jinping, Russian President Vladimir Putin, Iranian President Hassan Rouhani, Afghanistan President Ashraf Ghani and Pakistan President Mamnoon Hussain. On the sidelines of the 18th summit of the eight-nation Shanghai Cooperation Organisation (SCO), held in China’s Qingdao city, Prime Minister Narendra Modi […] Read more
Finland’s Fortum to sell 54% Stake in Indian Projects Updated On Fri, Jun 8th, 2018 by Saurenergy “This project demonstrates the growing maturity of India’s secondary market for renewables – creating an environment in which private investors have the confidence to invest in new greenfield projects that will accelerate the decarbonization of India’s economy” With an aggregate capacity of 185 MW in India, Finland’s Fortum sign an agreement to sell a 54% […] Read more
Solar Power System to Convert Plastic into Fuel Invented by IIT Madras Updated On Fri, Jun 8th, 2018 by Saurenergy “We thought that if the plastic can’t come to the industry, let the industry come to the plastic,” Selvaraj said. The team showcased its project on the occasion of the World Environment Day, hosted by the United Nations (UN) in New Delhi. A solar powered system developed by the scientists from IIT Madras can convert non-recyclable […] Read more
CleanMax Solar Bags FT, IFC Transformational Business Awards 2018 Updated On Thu, Jun 7th, 2018 by Saurenergy The company was shortlisted out of the 189 entries received from across 126 countries, thus making CleanMax Solar the first Indian company to win this award in a category with Tata Motors at their Sanand facility in Gujarat. In the Transformational Business Award 2018, CleanMax Solar, a sustainability partner for India’s leading corporates, has won […] Read more
Azure Power Wins 75 MW Solar Power Project in NE Updated On Thu, Jun 7th, 2018 by Saurenergy The company will sign a 25 year Power Purchase Agreement (PPA) with Assam Power Distribution Company Ltd (APDCL) at a weighted average tariff of Rs 3.37 (~US cents 5.2) per kWh. India’s one of the leading solar power producers Azure Power has won the largest solar power project of 75MW in Assam in the North […] Read more