Indian Railways to install 5GW of solar by 2025 in partnership with UNDP: Report Updated On Thu, Nov 17th, 2016 by Saurenergy Indian Railways is reportedly targeting to install 5GW of solar by 2025 in partnership with United Nations Development Programme (UNDP). PV Tech reports that Prodyut Mukherjee, national technical consultant, UNDP at his presentation at the International Conference on Decarbonisation of Indian Railways stated that the target will be realized using vacant Indian Railways land and […] Read more
8point3 Energy Partners to acquire First Solar’s 34 percent stake in its 300 MW Stateline solar project Updated On Tue, Nov 15th, 2016 by Saurenergy 8point3 Energy Partners has entered into an agreement to acquire First Solar’s 34 percent stake in its 300-megawatt (MW) Stateline solar project for USD 329.5 million. The project is expected to generate approximately $32 million in average annual pre-tax cash distributions and has a 20 year contract life. The transaction is expected to close on […] Read more
Tata Power Solar honored with D&B Infra Awards 2016 for operational excellence in solar rooftop space Updated On Mon, Nov 14th, 2016 by Saurenergy Tata Power Solar, India’s largest integrated solar company, won the ‘D&B Infra Awards 2016’ in the project based category for financial and operational excellence in commissioning 12 MW solar rooftop project for R.S.S.B. EDUCATIONAL & ENVIRONMENTAL SOCIETY (RSSB-EES). The awards presented by Dun & Bradstreet (DnB), into its 6th edition, felicitated 22 of India’s leading […] Read more
Etrion to Sell Italian Solar Portfolio to Ultor Updated On Mon, Nov 14th, 2016 by Saurenergy Etrion Corporation has signed definitive sale and purchase agreement with Ultor S.p.A, a joint venture owned equally by Enel Green Power S.p.A. and Fondo Italiano per le Infrastrutture. Under the agreement Ultor will purchasing Etrion’s 60-megawatt (“MW”) Italian solar portfolio for initial cash consideration of Euro 78 million and the assumption of related project-level debt […] Read more
Solar-powered mobile towers neutralizes naxal’s movement in Jharkhand Updated On Mon, Nov 14th, 2016 by Saurenergy The newly-established solar-powered telecom towers in Jharkhand’s Naxal-hit areas are empowering security forces as well as tribals, and helping to counter the influence of extremists. Not only have they improved the movement of security forces but also allowed them to more effectively neutralize the naxals who had created a reign of terror in the area. […] Read more
Lightsource dives into the Indian solar market Updated On Mon, Nov 14th, 2016 by Saurenergy UK’s largest solar energy generator Lightsource Renewable Energy has dived into the Indian solar market and reportedly spearheading massive investment in solar segment in the country. Early this year in September the company bagged 50 MW solar project out of 450MW tendered in Maharashtra. Lightsource recently in a statement said that it is looking to […] Read more
ACWA Power launches new clean energy division to capitalize on the MENA market potential Updated On Fri, Nov 11th, 2016 by Saurenergy ACWA Power is all set to launch a new clean energy company to accelerate growth of its current renewable energy portfolio of 1 GW and capitalize on the rapidly growing market potential for renewable energy in emerging markets. According to UN Environment Programme (UNEP) in 2015, US$266 billion was invested globally in renewable power capacity, […] Read more
Hanwha Q Cells to ship 141MW of Solar Modules to Mahindra Group Updated On Thu, Nov 10th, 2016 by Saurenergy Hanwha Q Cells has announced that it has signed an agreement with Mahindra Susten Pvt. Ltd. to supply 141 megawatt solar photovoltaic module. Hanwha Q Cells will ship HSL72 modules, which are produced in company’s production facility in China to the newly established renewable energy arm of the India’s sixth largest conglomerate Mahindra Group. The […] Read more
Schneider Electric Launches “Light It Up” Program, Over 1,800 Units Of Portable Solar-Powered Led Lamps To Be Distributed Updated On Thu, Nov 10th, 2016 by Saurenergy Schneider Electric has launched “Light It Up” programme to bring access to electricity to rural communities in 12 countries across the Asia Pacific region. The company in a statement said that it believes that access to energy is a basic human right, and it is committed to putting safe, reliable, efficient and sustainable energy within reach of a great many […] Read more