Global power and utilities deal value falls for fourth consecutive quarter in Q3 2016 Updated On Tue, Nov 22nd, 2016 by Saurenergy Global power and utilities deal value continued to decline for the fourth consecutive quarter — falling 8% to US$39.7b in Q3 2016 compared to the previous three months — according to the EY Power transactions and trends Q3 2016 report. Regulated network assets remained the investment of choice for buyers across regional markets seeking stable long-term returns. Transmission and […] Read more
India imported 84% of solar cells and modules from China in FY16 Updated On Mon, Nov 21st, 2016 by Saurenergy At least 84% of solar cells and modules imports were from China alone in 2015-16. As much as $1.96 worth of solar cells and modules were imported from China against the total imports of these equipment of $2.34 billion in 2015-16, New and Renewable Energy Minister Piyush Goyal stated in a written reply to Rajya […] Read more
JinkoSolar supplies 140 MW to North Star solar project in Minnesota Updated On Mon, Nov 21st, 2016 by Saurenergy JinkoSolar has announced that it has completed delivery on 140 MWdc of PV modules for the North Star project located in Chisago County, Minnesota, approximately 50 miles north of Minneapolis. The North Star Solar project will utilize over 440,000 of JinkoSolar’s high-efficiency 72-cell polycrystalline modules and is expected to generate enough clean energy to power […] Read more
The Investors Theorem: Your Rooftop PV Solar Project Updated On Mon, Nov 21st, 2016 by Saurenergy Over the past two decades, there have been many attempts to reform the electric utility market. The costly and complex operations of transporting energy have made utilities natural monopolies, while regulatory barriers and the high fixed costs of building and maintaining regional electrical grid infrastructure have also kept much competition at verge. Now with vigorous […] Read more
Etrion and Hitachi High-Technologies signs Project Finance Agreement for 13.2 MW Komatsu solar project in Japan Updated On Mon, Nov 21st, 2016 by Saurenergy Etrion Corporation, a solar independent power producer, announced today the signing of a project finance agreement with Sumitomo Mitsui Trust Bank, Limited (“SuMi Trust”) for the construction of the 13.2-MW Komatsu solar project located in the Ishikawa Prefecture of Japan. Marco A. Northland, Etrion’s Chief Executive Officer, commented: “I am delighted to announce the signing […] Read more
Telangana gearing up to add 1000MW solar power to the grid before the end of current FY: Report Updated On Mon, Nov 21st, 2016 by Saurenergy Telangana power utilities are reportedly gearing up to add 1,000 MW of solar power to the grid before the end of this fiscal. According to The Hindu, utilities have received huge response on tenders floated for setting up solar power plant. With the addition of 1,000 MW, the state can handle the power crisis in […] Read more
Adani confirms plan to begin construction on the large-scale solar plant in Australia next year Updated On Mon, Nov 21st, 2016 by Saurenergy Indian mining and energy giant Adani power has confirmed that it is going ahead to build 100-200MW solar plant in the south-west of Moranbah in the Bowen Basin. The energy generated by the solar plant can power up-to 32,000 homes. The company in a statement said “it proposes to commence construction of two major solar […] Read more
Andhra Pradesh CM to inaugurate Polavaram solar power plant at Gollagudem village on Monday Updated On Mon, Nov 21st, 2016 by Saurenergy Andhra Pradesh Chief Minister Chandrababu Naidu will inaugurate 5 MW Polavaram Canal Bund Solar power project today at Gollagudem village in West Godavari district. The five megawatt solar power project is expected to generate eight million units of power a year. The solar project spreads across 27 acres of land and is built by APGenco […] Read more
Tamil Nadu Electricity Regulatory Commission rejects plea of two Adani group firms Updated On Sat, Nov 19th, 2016 by Saurenergy Tamil Nadu Electricity Regulatory Commission (TNERC) has rejected the pleas filed by two Adani group firms as a miscellaneous petition, and has asked the companies to file the pleas as a Dispute Resolution Petition. Kamuthi Solar Power Ltd, which had set up a 216 MW solar PV plant and Ramnad Renewable Energy Ltd, which had […] Read more