Centre Provided Rs 383 Cr to Madhya Pradesh Govt for Solar Projects Updated On Fri, Dec 21st, 2018 by Saurenergy Rs 70.03 crore were for the development of solar parks and ultra mega solar power projects and Rs 35 crore for solar rooftop schemes among others. The BJP-led central government assisted the Madhya Pradesh government with a funding Rs 382.91 crore over the financial year 2016-17 and 2017-18 for implementing projects and schemes in the […] Read more
BlackRock Sells 14 French Solar Projects to International Consortium Updated On Wed, Dec 5th, 2018 by Saurenergy The move will mark the first realization for BlackRock’s renewable power platform and offers Samsung, Samchully AMC and Schroders an attractive foothold into the European renewables power market. BlackRock Real Assets has reached an agreement with the Consortium of Samsung Securities as the financial investor, Samchully Asset Management as the asset manager with Schroder AIDA […] Read more
Azure Q2 Loss Narrows to Rs 29.8 Cr on Revenue from New Projects Updated On Thu, Nov 15th, 2018 by Saurenergy Further, the consolidated operating revenues of the company increased by Rs 40.2 crore, or 22 per cent to Rs 2,22.6 crore during Q2 2018-19, against the same period last year. Leading independent solar power producer Azure Power Global reported its consolidated net loss narrowed significantly to Rs 29.8 crore during the July-September quarter of FY19, driven […] Read more
Solar FlexRack Completes Shipments of New TDP 2.0 Solar Trackers to 17 MW of Solar Projects in Georgia Updated On Thu, Nov 1st, 2018 by Saurenergy Solar FlexRack™, a division of Northern States Metals and an innovative leader in photovoltaic mounting and solar tracker solutions, announced today it has completed shipments of its new TDP 2.0 Solar Trackers to SolAmerica Energy to be installed in eight solar projects located across the state of Georgia. The new Solar FlexRack 2.0 Tracker with BalanceTrac introduces a technology […] Read more
Rupee fall puts Rs 28,000 crore solar projects at risk Updated On Wed, Oct 31st, 2018 by Saurenergy With safeguard duty, this can crank up tariffs by 30 paise/unit for future projects Nearly half of the solar power capacities under implementation worth ~Rs 28,000 crore face viability risk because of the continuous fall in the rupee, which has made imported solar modules costlier and increased the cost of setting up solar plants. These […] Read more
Sterling and Wilson to Strengthen Footprints in Kazakhstan; Mulls 200MW Solar Projects Updated On Thu, Oct 11th, 2018 by Saurenergy The country is working to increase the share of renewable energy in electricity generation, which is expected to reach 3 percent by 2020 and 10 percent by 2030. One of the leading solar EPC solutions providers Sterling and Wilson has planned to strengthen its footprints in Kazakhstan. The company is targeting a CPE (electrical performance […] Read more
PROINSO, Joules Power Win Asian Power Award for Bangladesh’s 28 MW Solar Project Updated On Tue, Sep 25th, 2018 by Saurenergy PROINSO has completed this 28MWp project in Teknaf, Bangladesh in partnership with Joules Power (JPL). UK-headquartered PROINSO has won the Asian Power Award 2018 for the 28MWp utility scale project in Bangladesh under the category of “Solar Power Project of the Year – Bangladesh”. PROINSO has completed this 28MWp project in Teknaf, Bangladesh in partnership […] Read more
CLP India, Suzlon Join Hands for 2 Solar Projects in Maharashtra Updated On Tue, Sep 11th, 2018 by Saurenergy As per the deal, CLP India has agreed to acquire 49 percent stake in Gale Solarfarms and Tornado Solarfarms, two special purpose vehicles (SPV) set-up by Suzlon. Foreign investor CLP India and renewable energy solutions provider Suzlon has inked a joint venture pact for two solar projects of 50 MW and 20 MW in Dhule, […] Read more
Sale of 30.4 MW Solar Projects Fetch Canadian Solar $103mn Updated On Fri, Sep 7th, 2018 by Saurenergy Canadian Solar has sold the solar power projects to Canadian Solar Infrastructure Fund (CSIF) of Japan. Solar developer and manufacturer, Canadian Solar has sold three of its solar power projects totaling 30.4 MW for USD 103 million. Canadian Solar has sold the solar power projects to Canadian Solar Infrastructure Fund (CSIF) of Japan. Further, the […] Read more
