PERSPECTIVE Updated On Mon, Oct 23rd, 2017 by Saurenergy The government of India has set an ambitious target of 175 GW of renewable power installed capacity by the end of 2022, of which 58 GW has been installed so far. The Indian solar market added 1,869 MW in the second quarter of 2017, bringing installations in the first half of the year to 4,765 […] Read more
First Utility Scale Storage Project in India Takes Off Updated On Mon, Oct 16th, 2017 by Saurenergy The 20MW solar power project is the first utility scale storage tender in India to announce results, and it includes provision of complete EPC and O&M services for twenty-five years. NLC India Limited, a government of India owned coal mining company, recently completed auction for a 20 MW solar project integrated with 28 MWh storage […] Read more
Viz-A-Viz with Pawan Kumar Pandey, Director | Radite Energy Infra Solutions Pvt. Ltd Updated On Mon, Oct 16th, 2017 by Saurenergy Q. Please tell our readers about Radite Energy, its operations, projects and products. Established almost 1.5 years back, Radite was started with a vision of providing quality installation and commissioning services in solar energy projects. In this short duration, we have already commissioned power projects of total 200 MW in India. We are planning to […] Read more
ADB $500 million funding soon for private sector infrastructure in Asia and Pacific Updated On Wed, Oct 4th, 2017 by Saurenergy ADB expects these initial projects will generate about USD 1.4 billion in total financing, including USD 264.5 million from ADB’s own capital and an additional USD 890 million from co-financing partners. Asian Development Bank (ADB) said it is actively processing USD 500 million (about Rs 3,275 crore) as debt and equity funding for private infrastructure […] Read more
Making Smart India Updated On Fri, Sep 29th, 2017 by Saurenergy It is believed that the most attractive and fastest growing cities in 2023 will be those that embrace the need to create sustainable intelligent communities where the citizens, administration and the government work together constructively to produce regional energy that can be either consumed or supplied to local networks, using local resources and consumed on […] Read more
Mytrah Energy to acquire startup to expand innovation quotient: Report Updated On Thu, Sep 14th, 2017 by Saurenergy Mytrah is also looking to collaboration with T-Hub to engage with multiple startups in the clean energy space Hyderabad based Mytrah Energy is reportedly planning to acquire a startup that offers innovative solutions. Mytrah Group chief executive officer Vikram Kailas speaking to TOI said “we are a firm believer that innovation comes from smaller companies. […] Read more
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
Mytrah Energy reports USD 362.23mn in revenue Updated On Wed, Jun 14th, 2017 by Saurenergy The renewable power producer Mytrah Energy entered into PPAs for 140 MW of solar power capacity, bringing the total to 422 MW AC in Telangana, Punjab and Karnataka Renewable energy company Mytrah Energy Ltd. announced its full year results for the year ended 31 December 2016. The company reported full year revenues of USD 362.23mn, […] Read more
Record Capacity Addition of Wind Power of 5400 MW in Last Fiscal Updated On Wed, Apr 12th, 2017 by Saurenergy Ministry of New and Renewable Energy (MNRE) has set another record in the wind power capacity addition by adding over 5400 MW in 2016-17 against the target of 4000 MW. This year’s achievement surpassed the previous higher capacity addition of 3.423 MW achieved in the previous year. The leading States in the wind power capacity […] Read more
