Solar Power

MNRE Drafts New Guidelines on Solar Power Procurement

Prepared by the MNRE, the new guidelines cover the grid-connected solar PV power projects with a size of 5 mw and above, and will help in reducing off-takers’ risks, encourage investments, enhance bankability of projects and improve profitability for investors. The government has implemented new rules for buying power from grid-linked solar power projects through […]

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Marathon Capital Advises Heelstone Energy on the Sale of a 194MW Solar Portfolio to Sammons Renewable Energy

Heelstone Energy will continue to provide asset and operations management services to Sammons Renewable Energy for the entire portfolio. Marathon Capital, LLC has announced the sale of a 194 MW (DC) utility-scale solar portfolio by Heelstone Energy Holdings, LLC (“Heelstone”) to Sammons Renewable Energy (“SRE”). Heelstone, headquartered in Chapel Hill, North Carolina, is a leading […]

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AGL Launches Free Rooftop Solar Energy Monitoring Service

AGL Solar Command Check alerts registered customers if it detects a potential problem with their PV systems. AGL Executive General Manager New Energy Elisabeth Brinton said Solar Command Check was a free service which gives customers with digital meters a daily update about the performance of their solar systems. “We believe most of the 1.7 […]

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SolAmerica Energy Partners with MTU America to Launch New Solar Array with SCE&G

The solar project will generate energy income for MTU America through a Bill Credit Program with South Carolina Electric & Gas (SCE&G), and was financed under an agreement with Key Equipment Finance, a division of KeyBank. MTU America (a subsidiary of Rolls-Royce) held a ceremony on August 9, 2017 in Graniteville, South Carolina, to celebrate […]

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PESB Asks Renewable Energy Ministry to Choose Proper Course of Action for Selection of SECI MD

The Public Enterprises Selection Board (PESB) had interviewed three candidates – PTC India Director (Marketing) and Business Development Rajib Kumar Mishra, Konkan Railway Corporation Ltd Director (Finance) Amitabh Banerjee and SECI Director (Finance) C Kannan – for the SECI MD post, PESB said on its website.                                            Government head-hunter PESB has asked the renewable energy ministry […]

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SolarReserve Signs Agreement with South Australian Government for 150MW Solar Thermal Project with Energy Storage

The first of its kind in Australia, the Aurora Solar Energy Project will utilize SolarReserve’s leading solar thermal technology with integrated molten salt energy storage. SolarReserve has signed a long-term Generation Project Agreement (GPA) to build a 150 megawatt solar thermal power station with 8 hours of energy storage near the town of Port Augusta, […]

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Amtech Announces Proposed Public Offering of Common Stock

Amtech Systems also announced the pricing of an underwritten public offering of 1,055,000 shares of its common stock at a price of $9.50 per share Amtech Systems, a global supplier of production equipment and related supplies for the solar, semiconductor, and LED markets has announched that it intends to offer shares of its common stock […]

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