SPI Energy signs non-binding framework agreement with GSR GO Scale Capital Updated On Tue, Jul 5th, 2016 by Saurenergy SPI Energy, a global provider of photovoltaic (PV) solutions has signed a non-binding framework agreement with private equity firm GSR GO Scale Capital Advisors for the issue of US$500 million convertible bonds by the Company. GSR GO Scale Capital will act as an investment advisor to bond holders in order to build the largest capacity […] Read more
Yingli Energy connects a 50 megawatt (MW) “Top Runner” project in China to the grid Updated On Sat, Jul 2nd, 2016 by Saurenergy Yingli Energy (China) a wholly owned subsidiary of Yingli Green Energy Holding Company Ltd. has completed a 50 megawatt (MW) “Top Runner” project in Datong City, Shanxi Province, China and connected it to the grid by the end of June 2016. The project is located in the coal-mining subsidence areas in Datong, Shanxi Province, which is the first […] Read more
Coal India Limited and SECI signs two agreements for 200MW solar power project in MP Updated On Fri, Jul 1st, 2016 by Saurenergy Coal India limited and Solar Energy Corporation of India (SECI) have signed two agreements for implementation of 200 MW solar power project in Madhya Pradesh. The 100 MW solar power generated by the plant will be utilized by Northern Coalfields limited and another 100 MW will be used by South Eastern Coalfields Limited, each at […] Read more
World Bank announces to provide more than $1 billion for India’s solar project Updated On Thu, Jun 30th, 2016 by Saurenergy The World Bank Group has signed an agreement with India led International Solar Alliance (ISA) to work together on increasing solar energy use around the world, with the goal of mobilizing $1 trillion in investments by 2030. The agreement was signed in the presence of Finance Minister Arun Jaitley, Power, Coal, New and Renewable Energy minister Piyush […] Read more
MNRE collaborates with KfW for floating solar projects in Maharashtra and Kerala Updated On Thu, Jun 30th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) in collaboration with Germany-based development bank KfW to set up two floating solar PV plants in the Maharashtra and Kerala. MNRE recently conducted a study to assess the potential of floating solar power in the country. Both the plants are estimated to cost around USD 46.15 million. “The KfW-funded […] Read more
NTPC invites bids for 18MW solar PV project in Andaman and Nicobar Updated On Thu, Jun 30th, 2016 by Saurenergy India’s largest utility NTPC has invited bids for 18MW grid-connected solar PV project in the Andaman and Nicobar Islands. The 18MW project at Chidiyatapu in South Andaman, A&N Islands will be awarded via a reverse auction, domestic competitive bidding process. Bidder shall provide comprehensive operation & maintenance of the plant for a period of five […] Read more
NHPC planning to set up 600MW solar project at Koyna dam in Maharashtra Updated On Mon, Jun 27th, 2016 by Saurenergy National Hydroelectric Power Corporation (NHPC) as part of an initiative to expand its solar portfolio is reportedly planning to set a 600-MW solar project at the Koyna dam in Maharashtra. NHPC is carrying out financial and feasibility study for the project. The company t plans to set up floating solar panels with pumped storage system […] Read more
Hartek Power to double its commissioned solar EPC projects to 500 MW by the end of current FY Updated On Sat, Jun 25th, 2016 by Saurenergy Hartek Power is reportedly planning to double its total commissioned solar engineering, procurement and construction (EPC) projects to 500 MW by the end of this FY. Speaking to ET Hartek Singh chairman of Hartek Power said completion of project on time is a major strength of solar power as compared to the duration that thermal […] Read more
South Delhi Municipal Corporation inks MoU with SECI for 20MW solar project Updated On Wed, Jun 22nd, 2016 by Saurenergy South Delhi Municipal Corporation on June 20 inked a pact with Solar Energy Corporation of India (SECI) to generate 20MW solar power through rooftop of buildings and spare land under the civic body. The memorandum of understanding (MoU) engaged SECI for setting up solar power plants on the rooftops and lands owned by SDMC and […] Read more