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
Gujarat Hints India’s Largest Solar Park Updated On Tue, May 1st, 2018 by Saurenergy The bottlenecks for the development of park are likely to be less as the state has already procured the land identified for the project. The project will be able to move at a rapid pace. Government officials also reportedly said that no separate environmental clearance would be required either. The sun-borne state of India, Gujarat […] Read more
L&T Q3 Profit Jumps 53%; Gross Revenue up 9.4%; Bags Solar Orders Updated On Tue, Feb 20th, 2018 by Saurenergy The company has secured a major order from the domestic market for EPC construction of 250MW (AC) Solar Plant in Rewa district of Madhya Pradesh. India’s largest construction and engineering firm, Larsen & Toubro Ltd, has reported impressive growth of 53 per cent in its consolidated net profit after taxes (PAT) at Rs 1,490 crore for […] Read more
SunSource Energy Aims to Set-Up 200 MW Solar Park in UP Updated On Sat, Feb 17th, 2018 by Saurenergy The project will be financed through a mix of debt and equity. Solar power solutions provider, SunSource Energy Pvt Ltd is planning to build a 200-mw solar park in Uttar Pradesh (UP) with an investment of Rs 900 crore. Commenting on the matter, SunSource Energy, President, and Co-Founder, Kushagra Nandan said, “At the Uttar Pradesh Investors Summit […] 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
Hartek Power Crosses 1k MW Milestone in Solar Installation Updated On Thu, Feb 15th, 2018 by Saurenergy With other 285 mw projects under execution, the company is expecting to reach the 1,500 mw-mark by March 2018. Punjab-based Hartek Group said that its power system arm, Hartek Power, has crossed the milestone of 1,000-mw capacity in solar installations on pan India basis. The company in a statement said, “From 598 mw capacity as […] Read more
Azure Roof Power to Electrify 152 Schools under MHRD Across Six States Updated On Tue, Jan 30th, 2018 by Saurenergy Azure Power will sign the power purchase agreement with Navodaya Vidyalaya Samiti, an autonomous body under Ministry of Human Resource Development, Government of India. Azure Power has announced it has won a 11.35 megawatts (MWs) solar rooftop power project. This is the largest allocation for this auction, 60% of the total. Azure Power will sign […] Read more
More than 4,000 Telecom Towers to be Installed in Naxal-Hit Areas by DoT Updated On Sat, Dec 23rd, 2017 by Saurenergy Vihaan Networks Limited and Himachal Futuristic Communications Limited have installed 2,199 solar power mobile towers jointly in span of four months. As per the official sources, Ministry of Home affairs has guided Department of Telecom to install 4,072 additional mobile towers on immediate basis in naxal-hit areas. A telecom ministry official quoted “Home Ministry has asked […] Read more
Details of Solar, Wind and Biomass Based Power Generation Updated On Thu, Dec 21st, 2017 by Saurenergy Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Lok Sabha today, informed about the State-wise details of solar and wind power generation during each of the last three years and the current year. (all figures in MU) 2014–15 2015–16 2016–17 2017–18 […] Read more
