CDPQ Raises Stake in Azure Power to 40% via $100 Mn Addl Investment Updated On Mon, Oct 22nd, 2018 by Saurenergy Post this new investment, the total amount invested by CDPQ in Azure Power grew to USD 240 million. Canada’s one of the leading institutional fund managers, La Caisse de dépôt et placement du Québec (CDPQ) has raised its shareholding in Azure Power Global, India-based solar firm, to 40 percent through USD 100 million contribution to the company’s recent […] Read more
Radite Energy Secured 26 MW Solar Project from Renew Power KTK Pawagada Updated On Sat, Oct 20th, 2018 by Saurenergy In a significant development, Gurgaon based Radite Energy Secured 26 MW Solar Project from Renew Power KTK Pawagada. Radite Energy is already doing two projects at same location(Azure 75 MW and 15 Avada ). Company confirmed this is first order from Renew power they are going to execute. This is one of the biggest order that […] Read more
AFRICA: World Bank invests in batteries to boost solar energy Updated On Sat, Oct 20th, 2018 by Saurenergy The World Bank has decided to invest $1 billion for energy storage in Africa. The objective is to support the production of batteries to stimulate the production of solar energy. Africa is increasingly relying on solar energy to increase the rate of access to electricity for its population. Intermittence is the main disadvantage of the […] Read more
PNM to Add 100MW of Solar in New Mexico to Serve Facebook Data Center Updated On Sat, Oct 20th, 2018 by Saurenergy PNM Resources’ (NYSE: PNM) New Mexico utility, PNM, received approval on Wednesday from the New Mexico Public Regulation Commission (NMPRC) to purchase 100 megawatts of solar generation from NM Renewable Development, LLC (NMRD) in order to continue serving the Facebook data center in New Mexico with 100 percent renewable energy. This addition supports the goal to achieve a more […] Read more
New Material, Manufacturing Process use Sun’s Heat for Cheaper Renewable Electricity Updated On Sat, Oct 20th, 2018 by Saurenergy Solar power accounts for less than 2 percent of U.S. electricity but could make up more than that if the cost of electricity generation and energy storage for use on cloudy days and at nighttime were cheaper. A Purdue University-led team developed a new material and manufacturing process that would make one way to use solar power […] Read more
Extension of Bid Submission Deadline: RFB for mw Solar-Wind Hybrid Power Plant with Bess at Ramagiri, Anantapur, A.P., India Updated On Thu, Oct 18th, 2018 by Saurenergy Amendment-3 Employer: Solar Energy Corporation of India Limited (SECI), New Delhi, India Project: Innovation in Solar Power and Hybrid Technologies Project Contract title: Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 160 MW Solar-Wind Hybrid Power Plant with BESS including 10 Years Plant O&M under International competitive bidding at Ramagiri, Anantapur district, Andhra Pradesh, […] Read more
D. E. Shaw Renewable Investments Acquires Willow Springs Project from First Solar Updated On Thu, Oct 18th, 2018 by Saurenergy 100MWAC project adds to DESRI’s portfolio of PV assets First Solar, Inc. (Nasdaq: FSLR) and D. E. Shaw Renewable Investments, L.L.C. (DESRI) today announced the acquisition by a DESRI affiliate of the 100 Megawatt (MW)AC Willow Springs Solar Project in Kern County, California. Terms of the deal were not disclosed. The project, which was developed by First […] Read more
“Coal India & Neyveli sign MoU for stepping up Solar Power Generation” Updated On Thu, Oct 18th, 2018 by Saurenergy Coal India Limited (CIL) and NLC India Limited (NLCIL), formerly Neyveli Lignite Corporation Limited, coming together in a significant step, have inked a Memorandum of Understanding (MoU) today in CIL headquarters, Kolkata for formation of Joint Venture (JV) Company for Solar Power Generation of 3,000 MW and Thermal Power Projects of 2,000 MW capacity. Mr. […] Read more
Six Women-Led Energy-Linked Startups from POWERED Accelerator’s First Cohort to receive $10,000 Seed Fund Updated On Wed, Oct 17th, 2018 by Saurenergy First cohort of POWERED Accelerator showcase its business to a curated audience of investors, govt, corporates and influencers. 6 startups bag seed funding of $10,000 each from the Programme. POWERED Accelerator opens for applications for 2ndcohort POWERED Accelerator First Cohort and Jury on the Demo Day in New Delhi Mumbai, 8th October 2018, POWERED […] Read more
