Dominion Announces Significant Expansion of Solar Energy in Virginia in Collaboration With Amazon Updated On Fri, Nov 18th, 2016 by Saurenergy Dominion has announced a major expansion of its solar alliance with Amazon Web Services (AWS), Inc., an Amazon.com company, to add 180 megawatts of solar generating capacity in five Virginia counties. Construction of the facilities will be enabled through long-term power purchase agreements between Dominion subsidiary, Dominion Energy, Inc., and an affiliate of Amazon’s cloud […] Read more
World Bank to grant additional 22.93 million dollars for solar projects in India Updated On Fri, Nov 18th, 2016 by Saurenergy The World Bank has facilitated an additional grant of 22.93 million dollars to India to further increase the installed grid-connected rooftop solar photovoltaic (GRPV) programme in the country. The add-on grant of 22.93 million dollars has been sanctioned under the Global Environment Facility (GEF), and will support the overall $625 million GRPV programme approved by […] Read more
Andhra Pradesh aims to generate 4000MW of solar power Updated On Fri, Nov 18th, 2016 by Saurenergy The state Government of Andhra Pradesh aims to generate 4000 MW of solar power in the Rayalaseema region in the next two years. Chief Minister N. Chandrababu Naidu took the decision on ambitious programme to set up 4000 MW at a review meeting held at Amaravati There will be three major solar parks constructed at […] Read more
ReNew Power announces public issue of NCD worth Rs.500 cr Updated On Thu, Nov 17th, 2016 by Saurenergy India based renewable energy company, ReNew Power on Wednesday announced public issue of Non-Convertible Debentures (NCD’s) with a face value of Rs. 10, 00,000 each combining to Rs. 500 Crore. The company notes that this is the first certification of an already issued Project Bond by the Climate Bond Initiative (an international, investor focused not-for-profit […] Read more
National Energy Partners Secures $15 Million in Financing from Forum Equity Partners Updated On Thu, Nov 17th, 2016 by Saurenergy National Energy Partners (“NEP”) and Forum Equity Partners (“Forum”) announced that they had signed an agreement in which Forum will provide up to $15 million in growth financing for NEP, a leading developer of distributed Photovoltaic Solar Generation Systems for commercial and municipal customers. Under the agreement, Forum will provide development capital and construction equity […] Read more
GCL-SI to Provide One Stop Solar Services to Enmax in Thailand Updated On Thu, Nov 17th, 2016 by Saurenergy GCL System Integration Technology Co. Ltd. a subsidiary of the world’s leading energy group GCL, recently announced a partnership with Enmax Holding (Thailand) Co., Ltd. (Enmax) to work on a 10MW photovoltaic (PV) ground power station project in Thailand. It marks the first time GCL-SI has cooperated with an overseas company by offering an integrated and customized one-stop […] Read more
Why EPC are Treading in the Solar Race? Updated On Tue, Nov 15th, 2016 by Saurenergy Solar has taken the momentum with a cumulative installed grid connected solar power capacity reaching 8,062 MW (8.1 GW) as of 31 July 2016. The ecosystem seems stable as analyst asserts that the solar market in India is set to clan the billion-dollar space. Not much appalling on the WTO setback, Indian Solar manufacturing capabilities […] Read more
Farmers advised to use solar fencing Updated On Tue, Nov 15th, 2016 by Saurenergy The forest department has made a request to the Tamil Nadu electricity Board to take action against the farmers who are misusing the free electricity supplied by the government. Officials from forest administration claims that 31 elephants have died of electrocution in the last 15 years, and despite both departments trying their best to address […] Read more
Lightsource plans to invest Rs 6500 crores in India Updated On Mon, Nov 14th, 2016 by Saurenergy UK-based Lightsource Renewable Energy will invest Rs 6500 crores over the next 2-3 years to set up 1000 MW solar energy projects in India. “The company is looking at developing 1000 MW of solar power projects entailing an investment of Rs 6,500 crore over the next 2-3 years,” Lightsource Renewable Energy Ltd Managing Director and […] Read more