Gamesa to build 130MW of two solar projects in India Updated On Wed, Oct 26th, 2016 by Saurenergy Gamesa has signed a deal with Indian developer Atria Power for the construction of 130 MW of solar power at two locations in Andhra Pradesh and Karnataka. This is the largest solar order received by the Gamesa since it entered the Indian Solar market sector last year. The Spanish wind turbine manufacturer will develop two […] Read more
IDFC Alternatives acquires three solar projects from Punj Lloyd Updated On Mon, Oct 24th, 2016 by Saurenergy The India infrastructure fund of IDFC Alternatives has bought three solar projects in Rajasthan and Punjab from Punj Lloyd Infrastructure as part of the company’s plan to set up a strong foothold in the renewable energy space through acquisitions — as much as 1 GW in a year or so. IDFC Alternatives signed the deal […] Read more
If the solar tariff increases then the demand of solar will go down which will impact the further capacity roll-out: Hindustan Power Updated On Fri, Sep 23rd, 2016 by Saurenergy The Clean energy arm of Hindustan Power is one of the leading India’s player in solar power generation. It has developed solar farms across the country and internationally. Hindustan Power played major role in changing the scenario of solar power in India. India’s first solar power plant of 5 MW capacity and the then Asia’s […] Read more
Tata Power acquires WREPL through share purchase agreement Updated On Thu, Sep 15th, 2016 by Saurenergy TPREL (Tata Power Renewable Energy Ltd), an arm of Tata Power, has completed 100 percent share purchase in WREPL (Welspun Renewable Energy Pvt Ltd) and its subsidiaries. Earlier in June, the company had announced that TPREL will acquire WREPL through a share purchase agreement (SPA) at an enterprise value of Rs 9249 crore, subject to […] Read more
Ministry of Shipping aims to install 160.64 MW of Renewable Energy Projects at Major Ports by 2017 Updated On Fri, Aug 12th, 2016 by Saurenergy In a bid to promote renewable source of energy the Ministry of Shipping has announced to install solar and wind based power systems at all the Major Ports across the country. The Ministry is planning to set up 90.64 MW of Solar Energy Capacity at twelve Major Ports and 70 MW of Wind Energy Capacity […] Read more
DP Energy gets Green Light to construct a 375MW of solar and wind plant in Port Augusta Updated On Mon, Aug 8th, 2016 by Saurenergy Plans to construct a major 375MW solar and hybrid wind plant for Port Augusta in South Australia has been approved from the state government. DP Energy, the Irish Project developer stated that the government’s green light meant it could now deliver one of the “largest and most significant” hybrid renewables projects in the Southern Hemisphere, […] Read more
Tata Power Renewable Energy signs SPA to acquire Welspun Renewables Energy Updated On Mon, Jun 13th, 2016 by Saurenergy Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed a Share Purchase Agreement (SPA) with Welspun Energy (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”). It is estimated to be Rs 9,500 crore ($1.4 billion) deal. This is one of the largest transactions in renewables space in […] Read more
HPSEBL and SECI joint venture Corporation to set up a solar power project in Kaza Updated On Thu, May 19th, 2016 by Saurenergy Himachal Pradesh Electricity Board Limited (HPSEBL) and Solar Energy Corporation of India (SECI) has formed a joint venture corporation (JVC) named Himachal Pradesh Solar Power Corporation Ltd to set up a solar power project in Kaza. PC Negi , MD of HPSEBL and managing director, SECI signed the agreement in the presence of Chief Minister […] Read more
36 CPSUs has committed to develop 18,988 MW of Renewable Energy projects: Piyush Goyal Updated On Tue, May 10th, 2016 by Saurenergy Minister of State (IC) for Power, Coal & New and Renewable Energy, Piyush Goyal on Tuesday said while framing the Scale-up Plan for 1, 00,000 MW of Grid Connected Solar Power by the year 2022, it was envisioned that the Public Sector Undertakings will contribute around 10,000 MW of Grid Connected Solar Power. Goyal in […] Read more
