ReNew Power announces public issue of NCD worth Rs.500 cr Updated On Thu, Nov 17th, 2016 by Saurenergy India based renewable energy company, ReNew Power on Wednesday announced public issue of Non-Convertible Debentures (NCD’s) with a face value of Rs. 10, 00,000 each combining to Rs. 500 Crore. The company notes that this is the first certification of an already issued Project Bond by the Climate Bond Initiative (an international, investor focused not-for-profit […] Read more
Georgia Power dedicates new 30-MW solar facility at Fort Gordon Updated On Thu, Nov 17th, 2016 by Saurenergy Leaders from Georgia Power and the U.S. Army joined elected officials, community leaders and other dignitaries at Fort Gordon near Augusta, Ga. dedicated a new 30 megawatt (MW) on-base solar facility. The 30 MW alternating current, or 42 MW direct current, solar generation facility is the third completed by Georgia Power in collaboration with the […] Read more
Vikram Solar and Indian Institute of Engineering Science and Technology ink MoU for R&D Updated On Wed, Nov 16th, 2016 by Saurenergy Vikram Solar on Wednesday announced that it has signed Memorandum of Understanding (MoU) with the Indian Institute of Engineering Science and Technology (IIEST). The announcement was made at the Rashtrapati Bhavan in the presence of President of India, Pranab Mukherjee at a Session on Industry-Academia Collaborations with CII. The agreement includes collaboration of both the organisations for the […] Read more
BUY or LEASE Your Solar panel system? Updated On Tue, Nov 15th, 2016 by Saurenergy Rooftop solar market in India is speculated to add new capacity of 700 MW in 2016 – 15% of total solar capacity addition this year. According to Bridge to India, the cumulative capacity crossed 1 GW by September and is growing at a sizzling 300% over last year. Ministry of Finance has reduced depreciation rate […] Read more
Why EPC are Treading in the Solar Race? Updated On Tue, Nov 15th, 2016 by Saurenergy Solar has taken the momentum with a cumulative installed grid connected solar power capacity reaching 8,062 MW (8.1 GW) as of 31 July 2016. The ecosystem seems stable as analyst asserts that the solar market in India is set to clan the billion-dollar space. Not much appalling on the WTO setback, Indian Solar manufacturing capabilities […] Read more
Lightsource plans to invest Rs 6500 crores in India Updated On Mon, Nov 14th, 2016 by Saurenergy UK-based Lightsource Renewable Energy will invest Rs 6500 crores over the next 2-3 years to set up 1000 MW solar energy projects in India. “The company is looking at developing 1000 MW of solar power projects entailing an investment of Rs 6,500 crore over the next 2-3 years,” Lightsource Renewable Energy Ltd Managing Director and […] Read more
Telangana’s total solar power generation capacity touches 3800 MW Updated On Sat, Nov 12th, 2016 by Saurenergy Telangana has so far commissioned 3800 MW of solar power and 100 MW of wind power. “The State has so far commissioned 3,800 MW of solar power. The solar policy of the state has been widely received and there was tremendous response to the tenders floated for 2500 MW solar power. “So far, 100 MW […] Read more
India speeds up the installation of canal solar program Updated On Thu, Nov 10th, 2016 by Saurenergy With 11 MW of grid-connected solar PV on canal banks and canal tops has now been commissioned, India is all set to achieve its target of canal solar program. The Mercom Capital research shows that 1965 MW of a targeted 12000 MW of solar has been commissioned in India so far this financial year, leading […] Read more
Adani’s solar module to cost 10-12% more than imported version: Report Updated On Thu, Nov 10th, 2016 by Saurenergy Solar modules and solar photovoltaic cells from the house of Adani Group developed under Make in India initiative will reportedly cost higher. Jayant Parimal-Renewable Energy Business CEO, Adani Group speaking to ET said Solar modules and solar photovoltaic cells will be 10-12% higher than the imported versions available in the market. Early this year in […] Read more
