Fortum announces to invest EUR 200–400 million in solar projects in India Updated On Tue, Apr 12th, 2016 by Saurenergy Finnish utility firm Fortum on Tuesday announced to invest euros 200-400 million (Approx. Rs 15100-30200 crore) in solar power projects in India. Fortum in a statement said “the country offers one of the best solar resources and a sound government support for the development of the solar sector. The country provides a good platform for […] Read more
IDFC Alternative is in talks with Delhi-based ACME Solar to invest Rs.600 crore: Report Updated On Tue, Apr 12th, 2016 by Saurenergy IDFC Alternatives is in talks with Delhi-based ACME Solar to invest Rs.600 crore claims a report. Livemint citing sources reports that talks between the two companies are in an advanced stage and the deal is expected to close soon. ACME will pump the fund to complete its solar project that is still under development across various […] Read more
Canada-based solar firm SkyPower Global looking to shed equity in Madhya Pradesh project Updated On Tue, Apr 12th, 2016 by Saurenergy After SunEdison, a Canada-based solar firm SkyPower Global is looking to exit from the Indian market. Last year in July the firm bagged contracts to set up solar plants of 150 MW in Madhya Pradesh and now it is looking to offload equity. According to ET SkyPower Global has approached two leading India based renewable […] Read more
Cost of Solar energy is less than that of conventional energy: Piyush Goyal Updated On Sun, Apr 10th, 2016 by Saurenergy Power, Coal and New & Renewable Energy Minister, Piyush Goyal speaking at a lecture organized by Mahratta Chamber of Commerce and the Pune International Centre of State (IC) said energy is important part of our ecosystem and setting up of a multilateral Agency of International Solar Alliance is a demonstration of our concern for issues […] Read more
EDF Renewable Energy signs 15 year PPA with a California Utility for 111 MWac Solar Project Updated On Thu, Apr 7th, 2016 by Saurenergy EDF Renewable Energy has signed a 15-year Power Purchase Agreement with Southern California Edison (SCE) for 111.2 megawatt alternating current (MWac) solar project. The Valentine solar project will deliver clean electricity to SCE starting December 2019. Valentine Solar spreads across 1,260 acres of private land in Kern County’s Mojave Desert, adjacent to company’s Catalina Solar […] Read more
CBH Group installs solar power facilities at three grain receival sites in West Australia Updated On Thu, Apr 7th, 2016 by Saurenergy A grain handling company CBH Group has installed solar power facilities at three grain receival sites in West Australia for $1.2 million. With the installation of solar power facilities the company aims to reduce electricity bills. CBH is also building a $600,000 carport with solar panel on top near its news office at Geraldton port. […] Read more
ABB, IIT Madras enters into R&D partnership for microgrids & green energy Updated On Wed, Apr 6th, 2016 by Saurenergy ABB on Tuesday signed a memorandum of understanding with the Indian Institute of Technology Madras (IIT-M) to build microgrids as well as joint R&D in the field of rural electrification, utilization of natural non-fossil resources, battery energy storage and their connection to loads and main grid. The MoU signed also includes internship opportunities to post […] Read more
ABB India, Welspun Energy reach 700MW of installed solar PV in India Updated On Wed, Apr 6th, 2016 by Saurenergy Supplier of solar photovoltaic (PV) inverters ABB and developer Welspun Energy today announced that together they have installed about 700 MW of solar photovoltaic projects across several states in India. It includes a key project of 52 MW on PPP (pubic-private partnership) for Maharashtra State Generation Company at Baramati. “By setting up large scale solar […] Read more
NSPCL is tendering for the development of a 50MW solar PV project in Tamil Nadu Updated On Wed, Apr 6th, 2016 by Saurenergy NTPC-SAIL Power Company Private Limited (NSPCL) a joint venture between NTPC Ltd and SAIL is tendering for the development of a 50MW solar PV project in Tamil Nadu. The Project location is within the land of Salem Steel Plant located in Salem district of the state. The tender is for the design, engineering, manufacturing, supply, […] Read more
