MNRE sets target for Commercial & Industrial sector for FY 2016-17 Updated On Fri, May 20th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) is implementing a Grid connected Rooftop and Small Solar Power Plants Programme. The Government has set a target of 40,000 MWp of grid interactive rooftop solar (RTS) PV plants by 2022. These RTS plants will be set up in residential, commercial, industrial, institutional, Government/ PSU sectors ranging from […] Read more
PROINSO to expand operations in Indonesia Updated On Thu, May 19th, 2016 by Saurenergy PROINSO has announced that it will open a new operation in Indonesia’s West Java province. PROINSO will have distribution and integrated products available in Indonesia along with experienced local EPM division, PT. Surya Energi Indotama (SEI). A spokesperson for PROINSO said, “Indonesia is a market of major focus for PROINSO. With over 250 million people, […] Read more
World Bank approves $750 Million loan to Support India’s Grid Connected Rooftop Solar Program Updated On Tue, May 17th, 2016 by Saurenergy The World Bank Board has approved a $625 million loan to support the Government of India’s grid connected rooftop solar programme to generate clean energy. World Bank has also approved a co-financing loan of $120 million on concessional terms and a $5 million grant from Climate Investment Fund’s (CIF) Clean Technology Fund. The project will […] Read more
SkyPower enters into an agreement with BYD to submit a joint bid for 750 MW Solar Power in India Updated On Sat, May 14th, 2016 by Saurenergy SkyPower has entered into an agreement with BYD to submit a joint bid in the upcoming tenders for solar power generation capacity and energy storage of up to 750 MW in India. The agreement was signed during the opening ceremony of the China-Canada Economic and Trade Cooperation Conference in the presence of Hu Chunhua, Party […] Read more
S-Energy to provide 74MW of solar modules to juwi Updated On Thu, May 12th, 2016 by Saurenergy S-Energy has announced that it has reached an agreement to provide 74 megawatts (MW) of solar modules to Colorado-based project developer and turnkey EPC firm juwi. Under the terms of this agreement, S-Energy will deliver the newly-developed SN-series modules manufactured in the Company’s facility in Daejeon, South Korea. The modules will be utilized in utility-scale […] Read more
SolAero Technologies acquires Vanguard Space Technologies Updated On Thu, May 12th, 2016 by Saurenergy Satellite solar power and structural solutions provider SolAero Technologies has acquired San Diego, California based aerospace structural products and assemblies provider, Vanguard Space Technologies. Vanguard has a proven history of delivering satellite structural components and assemblies for commercial, defense, and civil satellites to customers around the world. Vanguard has been acquired as a wholly-owned subsidiary […] Read more
ENGIE acquires an 80 percent stake in Green Charge Networks Updated On Wed, May 11th, 2016 by Saurenergy ENGIE has acquired an 80 percent stake in leading battery storage company, the Green Charge Networks. Green Charge, utilizing its advanced patented software algorithms and analytics, deploys, owns, operates, and optimizes battery systems at commercial & industrial (C&I) and public sector customer sites in the US. Both the company did not reveal terms of the […] Read more
TNB picks up 30% equity stake in GMR Energy’s select portfolio of assets Updated On Tue, May 10th, 2016 by Saurenergy Malaysian power utility,Tenaga Nasional Berhad (“TNB”) has announced its entry into Indian power sector after signing a Subscription Agreement (“SA”) and Shareholders Agreement (“SHA”) with GMR Energy Limited (“GEL”). The Management Committee of GMR Infrastructure Limited (GIL) approved the proposed primary capital investment by Tenaga Nasional Berhad (Tenaga) in GMR Energy Limited (GEL). The investment […] Read more
Airports in India to install solar power plants Updated On Mon, May 9th, 2016 by Saurenergy Civil Aviation Minister Ashok Gajapathi Raju at a program on Sunday asked all the airports across India to install solar energy units. As part of the program, 12 MW solar power units have been already installed at Kochi airport run by the Cochin International Airport Limited. Currently entire airport is operated on solar power. Addressing […] Read more
