Financing Indian Sun Updated On Mon, Jun 25th, 2018 by Saurenergy After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […] Read more
Pre-bid Meeting for 10K MW Held, 29 Companies Participated Updated On Sat, Jun 23rd, 2018 by Saurenergy The companies that participated include representatives from SoftBank Group’s SB Energy and global solar giant GCL. For the forthcoming 10,000 MW manufacturing-linked solar auctions, around 29 companies participated in the pre-bid meeting in Delhi. The Solar Energy Corporation of India (SECI) would be conducting these auctions across the board. The companies that participated include representatives […] Read more
Viz-A-Viz with Basant Jain, Chief Executive Officer, Mahindra Susten Updated On Sat, Jun 23rd, 2018 by Saurenergy Q. Being a major player in the solar space, how do you contribute towards India’s clean and green energy initiative? Mahindra Susten (Part of USD 20.7 Billion Mahindra group) is a leading player in the Cleantech space. It is amongst India’s top 2 companies providing turnkey EPC solutions for grid connected solar projects and has […] Read more
Over 60 Cos Participated in MP’s 28 MWp Rooftop Solar Project Pre-Bid Meet Updated On Sat, Jun 23rd, 2018 by Saurenergy Moreover, the bids will be submitted for the tender by July 9, and the financial bid will be opened on 19th July. More than sixty prospective bidders from across the country have participated in the 2nd pre-bid meeting for Madhya Pradesh’s 28 MWp rooftop solar project. As per the Madhya Pradesh Urja Vikas Nigam Ltd (MPUVNL) […] Read more
India’s Utility Solar Capacity Grows 72% in 2017-18, says Bridge To India Report Updated On Thu, Jun 21st, 2018 by Saurenergy The total solar installation was 10.4 GW, the rest comprising rooftop solar plants and off-grid solutions, taking India’s cumulative solar capacity to 24.4 GW, it said. Solar consultancy firm Bridge To India in its latest annual report on the sector said that India’s utility solar capacity grew by a whopping 72 percent in FY18 as […] Read more
Viz-A-Viz with Damian Miller, CEO, Orb Energy Updated On Thu, Jun 21st, 2018 by Saurenergy Q. Could you please tell our readers about Orb Energy and its journey? NP Ramesh and I were colleagues at Shell Solar for almost seven years. After Shell exited the solar market in 2006, we secured venture funding and started Orb Energy (Orb) in India. By the start of 2007 we had started full-fledged operations […] Read more
Govt to Launch Single Solar Power Bid of 100,000 MW: R K Singh Updated On Thu, Jun 21st, 2018 by Saurenergy India is making rapid strides in the field of renewable energy and we will overshoot the target of 175GW renewable energy by 2022. Propelling the growth trajectory in renewable energy, the government is planning a single solar bid of 1 lakh MW for the generation, storage and manufacturing of solar equipment in the country. While […] Read more
MP Implements 26 MW Rooftop Solar Programs Via RESCOs Updated On Tue, Jun 19th, 2018 by Saurenergy Under the RESCO model, the project developer invests, builds and operates the rooftop solar project using its own funds and/0r taking debt to generate electricity and sell it to the beneficiary. In order to enhance their solar dependency, Madhya Pradesh, via Renewable Energy Service Company (RESCO) mode, is implementing 26 MW multiple rooftop solar programs in […] Read more
TN to Invest 5,000 Crore in Renewable Energy Updated On Wed, Jun 13th, 2018 by Saurenergy A dedicated central public sector undertaking for solar power, SECI, is working elsewhere on the theme of floating solar projects as well. SECI, at the beginning of this year, issued tenders for a 150 MW plant for Rihand Dam in Uttar Pradesh. To set the voyage for the total transformation of the state’s transmission infrastructure […] Read more