ReNew to Acquire Orange’s Portfolio in $950 Million Deal to Bulk Up Before IPO Updated On Wed, Jul 19th, 2017 by Saurenergy ReNew power is in in active discussions with Orange Renewable to acquire its portfolio of a little over 600 MW of predominantly wind and a smattering of solar assets for Rs 6175 crore ($950 million) of enterprise valuation, and has already submitted a non binding offer and is conducting diligence. Sumant Sinha led ReNew Power […] Read more
Nagpur High Court Building to Run on Solar Power Soon Updated On Tue, Jul 18th, 2017 by Saurenergy The solar panels will be installed on the roof of the historic edifice, popularly referred as ‘Poem in stone’ due to its unique structure at the Nagpur’s High Court compound. In a first of its kind move in the country, the Nagpur bench of Bombay high court, responding to the growing calls of reducing pollution […] Read more
Gujarat Government to Kick Off Rooftop Solar Power Scheme Updated On Fri, Jul 14th, 2017 by Saurenergy The rooftop solar power scheme is aimed at combating the climate change issues and encouraging production of green energy. The state government of Gujarat has received over 15,000 applications under the rooftop solar power scheme which will be kicked off by chief minister Vijay Rupani at a function in Vadodara. About 300 students of class […] Read more
Bhopal’s Raja Bhoj Airport to go Solar Completely by December Updated On Thu, Jul 13th, 2017 by Saurenergy The authorities at Raja Bhoj Airport have decided to install a 1MW capacity solar plant to power all airport functions. Once operational, it will save Bhopal airport Rs 25 lakh a month in electricity charges. Raja Bhoj Airport is going solar- all the way. It’s going to be only the second airport in India, after […] Read more
UP Wants Solar Power Companies to Lower Power Tariffs Updated On Tue, Jul 11th, 2017 by Saurenergy The solar power developers have received pro-forma of a letter from the UP Electricity Regulatory Commission (UPERC) that wants them to sign by which they would voluntarily agree to lower solar tariffs. Following a steep fall in solar tariffs in the last two years, Uttar Pradesh is pressuring solar power project developers to cut rates […] Read more
DRAGON’S EYE on LION’S PIE Updated On Tue, Jul 11th, 2017 by Saurenergy Alright! It gave mostly new narratives to apprehend the ‘Solar’ relation between India and China.The then thought China’s shabby rural-oriented solar program in the 1990s today throws an incremental progression amid the western economic powers. What can be more assertive to say that China is today global leader has divulged as the world’s largest renewable […] Read more
Jharkhand CM Raghubar Das Inaugurates Rooftop Solar Plant in Garhwa Updated On Mon, Jul 10th, 2017 by Saurenergy Jharkhand Chief Minister Raghubar Das and Supreme Court judge Madan B Lokur have inaugurated the Rs 1.48 crore rooftop solar power plant at Garhwa’s civil court and sub-jail. The project was installed by Jharkhand Renewable Energy Development Agency (JREDA). CM told TOI that Solar energy programme is a dream project of Prime Minister Modi. We […] Read more
Solar and Wind to be Cheapest Source of Power Generation by 2030 Updated On Sat, Jul 8th, 2017 by Saurenergy With the G20 summit underway in Hamburg today, the study carried out by Greenpeace Germany said in about half of the G20 countries, renewable energy has been cheaper or equal in price to electricity generated from dirty coal or hazardous nuclear power plants since 2015. Wind energy and solar power will be the cheapest form […] Read more
IFC Invests Rs 667 Crore in L&T Infrastructure for Solar Power Projects Updated On Fri, Jul 7th, 2017 by Saurenergy L&T Infrastructure Finance Co will use the fund to provide loan to solar power projects across India. The World Bank’s private financing arm IFC has invested Rs 667 crore ($103 million) in L&T Infrastructure Finance Co by subscribing to the first official Green Bonds in India, as stated in a joint statement by both the […] Read more
