Canadian Solar Secures $50Mn Loan For International Project Pipeline Updated On Fri, May 17th, 2019 by Saurenergy Canadian Solar, one of the world’s largest solar power companies, recently announced the closing of a US$50 million term loan from Credit Suisse AG, Singapore Branch. The company issued in a statement that it intends to deploy the term loan to support the development of international solar project pipeline and for general corporate purposes. The U.S. dollar-denominated term loan […] Read more
Sungrow Unveils 1500V SG250HX String Inverter at Intersolar Europe 2019 Updated On Fri, May 17th, 2019 by Saurenergy Sungrow, one of the leading inverter solution supplier for renewable energy projects globally, has unveiled its latest 1500Vdc string inverter SG250HX at Intersolar Europe 2019. The SG250HX, the company claims, is the world’s most powerful 1500Vdc string inverter, featuring a high capacity of 250kW. It comes with the high voltage of 1500Vdc and 800Vac, enabling […] Read more
Draft Net-Metering Regulations For Goa and UTs Issued by JERC Updated On Fri, May 17th, 2019 by Saurenergy The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories (UTs) has issued draft net metering regulations. The Regulations shall extend to the state of Goa and the UTs of Andaman and Nicobar Islands, Chandigarh, Dadra & Nagar Haveli, Daman & Diu, Lakshadweep and Puducherry. And, will be applicable only to […] Read more
PGCIL Proposes Evacuation System For Potential Solar, Wind Farms in the Western Zone Updated On Fri, May 17th, 2019 by Saurenergy The Powergrid Corporation of India (PGCIL) recently came up with a detailed proposal for developing a transmission system for the evacuation of power from potential solar and wind energy zones in the western region. The corporation agreed on the proposal during the first Western Region Standing Committee on Transmission (WRSCT) meeting. Subsequently, a petition was […] Read more
JERC Issues Draft RE Tariff Regulation For Goa and UTs Updated On Thu, May 16th, 2019 by Saurenergy All renewable energy power projects will be treated as “must run” and the procurement of power from such projects will not be subjected to ‘merit order dispatch’ principles. The Joint Electricity Regulatory Commission (JERC) for the state of Goa and union territories has issued draft regulations for determining tariffs from renewable sources including solar. JERC […] Read more
Solar Powered Cochin Airport Commissions Second Substation Updated On Thu, May 16th, 2019 by Saurenergy Further enhancing its solar-power banking facilities, the Cochin International Airport Limited (CIAL) has commissioned its second substation. A parallel 110 kV electrical substation for exporting the power generated by its eight solar plants to the Kerala State Electricity Board’s grid was inaugurated by CIAL managing director V J Kurian. CIAL, which is the world’s first airport to […] Read more
MNRE Approves Connection of Old Off-Grid Solar Plants to the Grid Updated On Thu, May 16th, 2019 by Saurenergy The Ministry of New and Renewable Energy (MNRE), acting on requests made by implementing agencies has allowed old off-grid solar power plants to be connected to the grid wherever possible. State nodal agencies and/or implementing agencies under the off-grid and decentralised solar PV applications programme had requested the ministry for allowing the connection of the […] Read more
Breakthrough in Affordable Technology to Harness Solar Power Updated On Wed, May 15th, 2019 by Saurenergy The most affordable, efficient way to harness the cleanest, most abundant renewable energy source in the world is one step closer to reality. A University of Toledo physicist is pushing the performance of solar cells to levels never before reached and has made a significant breakthrough in the chemical formula and process to make the […] Read more
CDPQ Invests in Lightsource BP For $194 MN Solar Financing Platform Updated On Wed, May 15th, 2019 by Saurenergy The facility will initially be used to finance a diversified portfolio composed of over 100 solar projects located across various countries and totalling more than 700 MW. Canadian institutional investor, Caisse de dépôt et placement du Québec (CDPQ) and Lightsource BP recently announced a debt investment of £150 million ($194 million) to finance a portfolio of solar assets […] Read more
