Canadian Solar Expands Footprint to S. Korea; Gets Exclusive Rights for PV Proj in Gangwon Updated On Tue, May 15th, 2018 by Saurenergy The construction of the project is expected to kick off in early next year. Publicly traded solar PV modules maker Canadian Solar has expanded its footprints to South Korea by acquiring exclusive rights to develop an 8 MWp solar photovoltaic (PV) project in Gangwon Province. Further, this is the company’s first solar power project in […] Read more
Govt Brings National Policy for Wind-Solar PV Hybrid Projects Updated On Tue, May 15th, 2018 by Saurenergy A scheme for new hybrid projects under the policy is also expected shortly. The government has issued a new national wind-solar hybrid policy aiming to provide framework for promotion of large grid connected wind-solar PV hybrid system for efficient utilization of transmission infrastructure and land. The Ministry of New and Renewable Energy (MNRE) also said […] Read more
KSEB, NTPC Ink Pact for Increasing Solar Power Generation Updated On Mon, May 14th, 2018 by Saurenergy The agreement signed also includes a deal to set up a 15 MW solar power unit at the NTPC complex in Kayamkulam. The Kerala State Electricity Board (KSEB) and National Thermal Power Corporation (NTPC) has entered into a Memorandum of Understanding (MoU) for increasing solar power generation in the state of Kerala. According to an official release, the agreement signed […] Read more
India, Peru Ink MoU for Co-op in New & Renewable Energy Updated On Mon, May 14th, 2018 by Saurenergy Peru is a founder member of the International Solar Alliance (ISA), established with India taking the initiative. During the Vice President M. Venkaiah Naidu’s week-long visit to three Latin American countries, India and Peru has signed a pact in Lima on cooperation in the field of New and Renewable Energy. Also, Peru is a founder […] Read more
HNPCL Acquires Mumbai-Based Solar Firm for Rs 1,000 Cr Updated On Mon, May 14th, 2018 by Saurenergy Last year Andhra Pradesh-based thermal energy company, HNPCL, had initiated talks to purchase Kiran Energy, which is having an operational portfolio of around 85 MW now. Hinduja Group flagship firm Hinduja National Power Corporation Ltd (HNPCL) has acquired Mumbai-based Kiran Energy Solar Power for about Rs 1,000 crore, as revealed by the two sources close […] Read more
Installed Renewable Energy Capacity Nearly Doubled Since 2014, says Govt Updated On Mon, May 14th, 2018 by Saurenergy With 70 GW installed renewable power capacity, renewable energy has a share of over 20 percent of the total installed capacity in the country, it further added. In a major boost to cleaner and greener planet, the total renewable energy installed capacity of the country has risen significantly in just four years i.e. from 36 […] Read more
ForeFront Power to Develop First Community Solar Proj for PG&E Program Updated On Fri, May 11th, 2018 by Saurenergy This program provides PG&E customers the option of purchasing up to 100 percent renewable energy from an off-site location. Mitsui & Co. arm ForeFront Power will develop the first community solar project for the PG&E’s Regional Renewable Choice program. This program provides PG&E customers the option of purchasing up to 100 percent renewable energy from […] Read more
AfDB Okays $1.5 Mn Grant for Nigeria’s On-Grid IPP Solar Procurement Program Updated On Fri, May 11th, 2018 by Saurenergy This program will assist the Nigerian government to achieve its national goal of reaching 75 percent electricity access by 2020 and electrifying unserved and underserved areas. The African Development Bank (AfDB) board has approved the USD 1.5 million grant to support the Nigerian Government’s implementation of phase 1 of the Jigawa 1-GW Independent Power Producer (IPP) solar […] Read more
SolarEdge Revenue Surges 82% at $209.9 Mn in Q1 Updated On Fri, May 11th, 2018 by Saurenergy Strong first quarter results with record revenues and record profitability, despite the traditional seasonal slowdown and continued industry wide components shortages, says Guy Sella. Israel-based inverter solutions provider SolarEdge Technologies reported its robust total revenue jumped by 82 percent at USD 209.9 million in the first quarter of 2018 from USD 115.1 million last year, and rose 11 […] Read more
