India’s Overemphasis on renewable energy would affect thermal power projects: CEA Updated On Fri, Aug 18th, 2017 by Saurenergy “Rapid changes in technology are promising to help realize the promise of renewables. This is an eminently desirable development and one that India is attempting both to benefit from and accelerate. At the same time, these changes need to be seen in the context of India’s current economic situation and its enormous endowments of coal […] Read more
D. E. Shaw Renewable Investments Acquires Cuyama Solar Project from First Solar Updated On Fri, Aug 18th, 2017 by Saurenergy The project, which was developed by First Solar, is currently under construction, with completion anticipated by the end of 2017. Power from the project is expected to be supplied to Pacific Gas & Electric (PG&E) under a 25-year power purchase agreement (PPA) starting in January 2019 D. E. Shaw Renewable Investments has acquired 40 Megawatt […] Read more
West Bengal demands for relaxation to access clean energy fund for small solar power projects Updated On Fri, Aug 18th, 2017 by Saurenergy “The Centre is asking us to set up large solar parks in the state, but for that we need large tracts of land which is hard to get. So, we are asking it to consider funding small solar projects” The Centre is yet to respond to West Bengal’s demand for relaxation to access clean energy […] Read more
Waaree announces shipment of 15MW high efficiency mono solar modules for NSCBI Airport, Kolkata Updated On Thu, Aug 17th, 2017 by Saurenergy Waaree Energies has supplied solar panels to various other airports in India and aboard too Waaree Energies, one of the leading solar energy solutions providers has announced that it has supplied 15 MWp 330 watt solar panels for Netaji Subhash Chandra Bose International Airport (NSCBI), Kolkata, West Bengal. The company in a statement said that these […] Read more
Fortum appoints Ingela Ulfves as VP, Investor Relations and Financial Communications Updated On Thu, Aug 17th, 2017 by Saurenergy Ingela Ulfves joins Fortum from Eltel, an infrastructure service company listed in Sweden, where she has been responsible for the areas of investor relations, external and internal communications, marketing and brand. Ingela Ulfves, M.Sc. (Econ.), has been appointed as Vice President, Investor Relations and Financial Communications at Fortum starting in December 2017 at the latest. […] Read more
States participating in UDAY take over targeted debt of Rs. 2.09 lakh crores of their DISCOMs Updated On Thu, Aug 17th, 2017 by Saurenergy The process of States taking over the targeted debts and issuing them as SDL Bonds has now been completed. As of now, the participating DISCOMs have to issue Bonds worth approximately Rs. 37,000 crores, which would be done in due course Ujwal DISCOM Assurance Yojana (UDAY) was launched in November, 2015 and has completed more […] Read more
Falling panel prices and increased competition have contributed to aggressive bids: Ind-Ra Updated On Thu, Aug 17th, 2017 by Saurenergy “An increase in panel conversion efficiency has contributed to a reduction in land required for panels and a fall in the balance of system cost, resulting in lower bids,” Ind-Ra said. With solar developers bidding aggressively at lower tariffs, they have little financial buffers to face challenges such as cost overrun, increased interest rate and […] Read more
Cabinet apprised of the MoU between India and Spain on cooperation in renewable energy Updated On Thu, Aug 17th, 2017 by Saurenergy India and Spain aims to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues on the basis of mutual benefit equality and reciprocity The Union Cabinet has been apprised of the Memorandum of Understanding (MoU) between India and Spain on cooperation in renewable […] Read more
ReneSola and Nautilus Solar Acquires 13.3MW Community Solar Portfolio in Minnesota Updated On Wed, Aug 16th, 2017 by Saurenergy Now that Nautilus has finalized the transaction with ReneSola, the projects will be owned by an affiliate of Virgo Investment Group, which is also a minority shareholder of Nautilus Solar Energy. ReneSola and Nautilus Solar Energy has jointly announced Nautilus’s acquisition of an approximately 13.3 MW community solar portfolio previously developed by ReneSola. The community […] Read more
