Norfund Pumps Repeat Investment into Fourth Partner Energy for ₹350 Cr Updated On Fri, Aug 11th, 2023 by Saurenergy Norwegian Investment Fund for developing countries – Norfund today announced a fresh investment of ₹350 Cr into renewable energy solutions platform, Fourth Partner Energy (4PEL). This is the second round of equity infusion by Norfund into 4PEL, following its $100 Mn investment in June 2021. Speaking about this development, Anders Blom, Vice President at Norfund […] Read more
Saatvik Bags Turnkey Solar EPC Project in Karnataka for 8.08 MW Updated On Fri, Jun 16th, 2023 by Saurenergy Solar PV module manufacturer and solar EPC service provider Saatvik Green Energy has bagged a complete solar EPC contract for an 8.08 MW DC (6.5 MW AC) solar power project in Karnataka. Saatvik has been awarded the project by a large cement and power conglomerate in India and will be responsible for the execution of […] Read more
Solar EPC: After Strong 2022, Industry Looks Ahead To Continuity in 2023 Updated On Tue, Jan 31st, 2023 by Saurenergy The Indian Solar EPC market looked good in the year gone-by as several EPC projects, both government and private, took off in 2022. Interestingly, even as large EPC firms with a global footprint like Sterling and Wilson Renewable Energy struggled with projects where they were on the hook for fixed price contracts, bearing heavy losses, […] Read more
Difficult to Achieve 40 GW Solar Rooftop Installation by 2022: Experts Updated On Mon, Jun 4th, 2018 by Saurenergy The target of installing 100 GW of solar capacity by the government has to be achieved by 2022 and out of which the amount of energy that has to come up from rooftop projects is 40 GW. Due to the slow pace of the growth of solar rooftop segment, it would be very difficult for […] Read more
Developers Seek Extension to Install Solar Plants on Government Buildings Updated On Tue, May 22nd, 2018 by Saurenergy The Distributed Solar Power Association (DISPA) wrote two letters to MNRC on April 24 and May 11 in which they highlighted their concerns regarding the completion of the rooftop projects. Citing indifferent attitude of concerned ministers to their efforts, solar rooftop developers have asked for time extension to complete the work of installing solar panels […] Read more
ReneSola Connects 90MW of Distributed Generation Projects in China Updated On Wed, Jan 3rd, 2018 by Saurenergy ReneSola’s rooftop project business in China continues to gain traction, and remains optimistic about the opportunities ahead. ReneSola Ltd, a leading solar project developer and operator has announced that it connected over 90MW of rooftop projects in China in the second half of 2017. It intends to hold over 70MW of these projects and provided […] Read more
ReneSola Signs Framework Agreement to Develop 335 MW of Rooftop Projects Updated On Wed, Jan 4th, 2017 by Saurenergy Upon completion of the project, ReneSola will sell the projects to Beijing Enterprises Clean Energy Group. ReneSola has announced that it signed a framework agreement with a wholly owned subsidiary of Beijing Enterprises Clean Energy Group Limited to develop 335 MW of rooftop solar projects in China located in Hebei, Shandong, Fujian, Shanxi and Jiangsu […] Read more
MNRE amends new guideline for selection of 3000 MW Grid connected solar PV power projects Updated On Sat, Oct 1st, 2016 by Saurenergy The Ministry of New and Renewable Energy has brought new amendment to the guideline for selection of 3000 MW Grid connected Solar PV Power Projects under NSM, Phase-II, Batch-II. The Section 3.5 stands modified as follows: Existing provision Modified provision 3.5 Qualification Criteria for Short-Listing of Bids/ Projects A. Financial Criteria Infusion: Minimum paid up share […] Read more
