Amplus Commits Rs 2,200 cr Investment in UP to Build 500 Mw Solar Capacity Updated On Thu, Feb 22nd, 2018 by Saurenergy We are committed to install solar capacity of 500 MW in the state in the next 5 years, says Sanjeev Aggarwal. Solar power plant manufacturer Amplus Energy Solutions has inked a Memorandum of Understanding (MOU) with the Uttar Pradesh (UP) government during the Investors Summit 2018 to invest Rs 2,200 crore over the next 5 years. The MoU […] Read more
Renew Power Signs MoU with Maharashtra Govt for Rs 14K Cr Investment Updated On Tue, Feb 20th, 2018 by Saurenergy As per reports, a Memorandum of Understanding (MoU) was signed at the three-day investment summit “Magnetic Maharashtra: Convergence 2018” held in the financial capital of the country. In a significant development, Indian renewable energy company ReNew Power has said it has signed a pact with the Government of Maharashtra to facilitate a proposed investment […] Read more
SunSource Energy Raises Fund from SBICAP Neev Fund via PE Investment Updated On Fri, Feb 16th, 2018 by Saurenergy This investment would be used in developing solar project assets in states with low levels of capital investment, namely Uttar Pradesh, Rajasthan, Madhya Pradesh, Bihar, Orissa, Jharkhand, West Bengal and Chhattisgarh. Solar energy products supplier, SunSource Energy Pvt Ltd has raised an undisclosed amount from the Neev Fund, which is a joint venture between SBI […] Read more
Andhra Pradesh Seeks Rs 30,000 Crore Investment in Electric Vehicles Industry Updated On Fri, Dec 29th, 2017 by Saurenergy The state expects to put in place an electric vehicles policy by next month, ahead of a proposed framework by the central government. Andhra Pradesh is seeking to attract Rs 30,000 crore of investments in the electric vehicles industry through a raft of incentives that would include capital subsidies to automakers and charging-equipment manufacturers, helping […] Read more
Paris Agreement Enables India to Attract $3.1 Trillion of investments by 2030 Updated On Fri, Dec 1st, 2017 by Saurenergy India’s target of installing 175GW of energy capacity by 2022 claim to have potential of $448 billion worth investments. As per the report issued by the International Finance Corporation (IFC), around $3.1 trillion worth investments are to be expected by 2030. The investments majorly aimed at accomplishing goals as set by the Paris agreement. The […] Read more
Investments in Renewable Energy Sector Could Hit $11T By 2040 Updated On Tue, Nov 28th, 2017 by Saurenergy India and China lead the development in renewable energy investments, accounting for almost 50 percent of new global capacity. Investments in renewable energy (RE) could climb to a cumulative $11 trillion by 2040, mostly in emerging markets, according to a study by the International Finance Corporation, a member of the World Bank Group. Major reforms […] Read more
1 Billion USD Guarantee Can Lead to 15 Billion US Dollars Investment for Solar Energy Updated On Wed, Nov 15th, 2017 by Saurenergy CRMM could help build over 1 terrawatt (TW), or 1000 GW, of solar power generation capacity in low and middle-income countries by 2030. According to a study by Common Risk Mitigation Mechanism, a USD 1 billion guarantee could crowd in up to USD 15 billion of investments for 20GW of solar PV capacity in more […] Read more
UK Climate Investments and Lightsource Tie-up for Solar Power Projects in India Updated On Tue, Oct 31st, 2017 by Saurenergy UK Climate Investments will provide 49 percent equity for the construction of the first project partnership with Lightsource to develop and construct up to 300MW of solar power projects. Lightsource Renewable Energy and UK Climate Investments, part of the Green Investment Group within Macquarie Infrastructure and Real Assets, have entered into a partnership agreement to […] Read more
