ENGIE Completes Fenix’s Acquisition to Bring Affordable Power to Africa Updated On Wed, Apr 4th, 2018 by Saurenergy Through this partnership, Fenix will gain access to ENGIE’s supply chain, expertise, long-term capital investments and talent across the energy value chain. Global utility company ENGIE has completed the acquisition of the off-grid energy leader Fenix International. ENGIE and Fenix have ambitious targets to reach millions of households across Africa and this partnership will accelerate […] Read more
Fraunhofer ISE, EVG Develop New Solar Cell to Convert 1/3 Sunlight into Power Updated On Wed, Apr 4th, 2018 by Saurenergy Silicon solar cells dominate the global photovoltaic market today with a share of 90 percent. The researchers of the Fraunhofer Institute for Solar Energy Systems ISE (Fraunhofer ISE) together with the company EV Group (EVG) have developed a new silicon-based multijunction solar cell, which can convert exactly one-third of the incident sunlight into useful electricity. […] Read more
Govt Issues Clarification on Tariff Based Bidding Process for Solar PV Projects Updated On Wed, Apr 4th, 2018 by Saurenergy The move will allow solar power developers to pass on the burden of any increase in duties on solar equipment to discoms. The Ministry of New & Renewable Energy (MNRE) has issued a notification with respect to ‘Clarification to guidelines for the tariff based competitive bidding process for procurement of power from grid connected solar PV power […] Read more
Cabinet Approval Soon for Rs 50k cr KUSUM Scheme on Solar Farming Updated On Tue, Apr 3rd, 2018 by Saurenergy We would be able to implement the scheme in first half of this fiscal, says Anand Kumar. The KUSUM scheme may soon get the Cabinet nod by this month end and will be rolled out in the first half this fiscal, a senior official said. On the launch of TERI year book, New and Renewable Energy Secretary Anand Kumar said, […] Read more
EnSync Energy Announces Sale of PPA for Honolulu Apartment Building in US Updated On Tue, Apr 3rd, 2018 by Saurenergy This photovoltaic PPA is the first of a two-part energy strategy rollout for the apartment building, with plans to finalize an additional PPA with EnSync Energy to install a solar water heater. EnSync, a leading developer of innovative distributed energy resources (DERs), has announced the sale of a 20-year power purchase agreement (PPA) with Nuuanu […] Read more
Azure Power Wins 200 MW Solar Project in Gujarat Updated On Tue, Apr 3rd, 2018 by Saurenergy The project will be developed by Azure Power outside a solar park and is expected to be commissioned in 2019. Azure Power has announced that it has won a 200 MW solar project in Gujarat. With this win, the Company now has a total portfolio of ~470 MWs in Gujarat with Gujarat Urja Vikas Nigam […] Read more
China’s GCL, Softbank Ink $930 Million Pact to Set up Solar Venture in India Updated On Tue, Apr 3rd, 2018 by Saurenergy According to the MoU, GCL Group and Softbank Investment agree to be directly or through their respective affiliates or subsidiaries in India, will establish a JV in which Softbank Investment (or its affiliates or related companies) is a joint venture company. In a significant development, Japan’s SoftBank Group and Chinese firm GCL Group have […] Read more
AboitizPower Enters into Solar Rooftop Space Updated On Tue, Apr 3rd, 2018 by Saurenergy The new unit is already looking at completing several key projects in Luzon and Visayas in 2018, with a target to integrate it closely with the group’s existing open access customers. In a move to expand renewable energy business, Aboitiz Power Corporation (AboitizPower) has entered into the solar rooftop business through a new unit called […] Read more
NV Energy Seeks to Double RE Portfolio by 2023 Updated On Tue, Apr 3rd, 2018 by Saurenergy The company has also exceeded the Nevada’s renewable energy requirement for the eighth year in a row, which currently sits at a 20 percent level. Public utility, NV Energy has set a target to double its renewable energy portfolio by 2023. The company has also exceeded the Nevada’s renewable energy requirement for the eighth year […] Read more
