Scatec Solar Has Teamed With Statoil for 162mw Solar Power Plant in Brazil Updated On Thu, Oct 5th, 2017 by Saurenergy Statoil will also acquire a 50 percent share in the project execution company, enabling Statoil to participate in building and operating solar projects in the future. Scatec Solar ASA (SSO) and Statoil ASA (STL) have agreed to establish a 50/50 Joint Venture to build, own and operate large scale solar plants in Brazil. The Joint […] Read more
A Brief Perspective on Aggregated Forecast of Solar Power Generation Updated On Wed, Oct 4th, 2017 by Saurenergy The solar power generation shows a promising future in India. But due to the variability and intermittency, large scale renewable energy penetration in existing grid is a challenge and the proper policy and regulatory mechanisms, technological solutions and institutional structures are key issues in solar energy penetration. The ‘Forecasting and Scheduling’ (F&S) of variable renewable […] Read more
Sonnedix Announces Partnership and Acquisition of Controlling Interest in Cox Energy Chile SpA Updated On Wed, Oct 4th, 2017 by Saurenergy As a result of the acquisition, Sonnedix has secured a 20-year off-take commencing in 2022 and the option to acquire a 74 MW solar project that adds to its current development portfolio of more than 250 MW. Sonnedix has announced the acquisition of a controlling interest in Cox Energy Chile SpA and a strategic […] Read more
ReneSola quits solar manufacturing, Completes Disposition of Manufacturing and LED Distribution Businesses Updated On Wed, Oct 4th, 2017 by Saurenergy “The Buyer beneficially owned, directly or indirectly through SGP and other intermediaries, approximately 57.3% of the total issued and outstanding Shares of ReneSolar.” ReneSola has announced the completion of the closing of the transactions contemplated by the previously announced share purchase and subscription agreement (the “SPA”) with Xianshou Li, Chairman and Chief Executive Officer of […] Read more
ADB $500 million funding soon for private sector infrastructure in Asia and Pacific Updated On Wed, Oct 4th, 2017 by Saurenergy ADB expects these initial projects will generate about USD 1.4 billion in total financing, including USD 264.5 million from ADB’s own capital and an additional USD 890 million from co-financing partners. Asian Development Bank (ADB) said it is actively processing USD 500 million (about Rs 3,275 crore) as debt and equity funding for private infrastructure […] Read more
Saudi Arabia opens bid for ‘utility scale’ 300 MW solar project Updated On Wed, Oct 4th, 2017 by Saurenergy “Today’s bid opening represents a significant milestone for the National Renewable Energy Programme, and an important step on the way to diversifying Saudi Arabia’s domestic energy mix and building a cutting edge domestic renewable energy sector” Saudi Arabia invited bids today for a “utility-scale” 300-megawatt solar project, a first for the world’s top oil exporter. […] Read more
Ultimate Sun Systems installs 150 KW rooftop solar power plant in Gurugram Updated On Wed, Oct 4th, 2017 by Saurenergy For this rooftop solar project 30 percent subsidy was sanctioned by state nodal agency HAREDA (Haryana Renewable Energy Department Agency. Ultimate Sun Systems Pvt. Ltd. on Tuesday announced that it has successfully completed the installation of a 150KW roof top solar plant at Hewo Apartment -I, Sector 56, Gurugram. For this rooftop solar project 30 […] Read more
ENACT Systems with Everest Industries Launches Solar Project Management Solution In India Updated On Tue, Oct 3rd, 2017 by Saurenergy ENACT’s software platform automates sales proposals, design, financing, installation and asset management for commercial and residential solar projects, improving workflow efficiency, reducing cost and helping scale new energy businesses. ENACT Systems, one of the leading enterprise software platform for solar projects in the US market has launched its offering for the Indian solar market. ENACT’s […] Read more
Azure Roof Power to Electrify Ministry of Health and Family Welfare Facilities Across 5 States in India Updated On Tue, Oct 3rd, 2017 by Saurenergy Azure Power will provide power for 25 years to Ministry of Health and Family Welfare, Government of India facilities in the states and union territories of Delhi, Puducherry, Uttar Pradesh, West Bengal and Assam Azure Power has announced that it has won a 1.3 MW solar rooftop project in an auction conducted by NTPC Vidyut […] Read more
