SPI Energy Completes 2.4MW Nishiura Power Plant In Japan And Connects It To The Grid Updated On Thu, Jul 21st, 2016 by Saurenergy SPI Energy ‘s wholly owned Japanese subsidiary, SPI Solar Japan has completed the 2.4MW Nishiura power plant in Japan’s Ibaraki Prefecture and connected it to the grid. This was the first distributed generation PV project undertaken by SPI Japan in September 2014 and covered all aspects of the plant’s development, construction and operation. The utility-scale […] Read more
Government doubles power generation target from solar energy parks Updated On Tue, Jul 19th, 2016 by Saurenergy Centre is gearing up to double the clean energy generation from solar parks to 40,000 MW in the backdrop of slow offtake of rooftop solar and problems being faced by some project developers. PTI citing a senior government official reports that the Ministry of New & Renewable Energy is eager to set up solar park […] Read more
8minutenergy Secures $21 Million USD Letter of Credit Facility from Rabobank Updated On Fri, Jul 8th, 2016 by Saurenergy 8minutenergy Renewables has secured a $21 million USD letter of credit facility from Rabobank. The purpose of the credit facility is to enable 8minutenergy’s utility-scale solar development activities across North America, including supporting the execution of Power Purchase Agreements and Interconnection Agreements associated with projects in various stages of development. “We are thrilled to be […] Read more
OneRoof Energy to sell its 19.8MW solar project assets Updated On Tue, Jul 5th, 2016 by Saurenergy OneRoof Energy has announced that it has entered into definitive agreements with two different third parties to sell 19.8 MW of its solar project assets. The Transactions are expected to generate gross proceeds up to $61 million, with$19 million funded as of the date of this announcement, and $42 million expected to be funded in tranches through September of […] Read more
BRICS Working Group meets on “Energy Saving and Energy Efficiency” in Visakhapatnam Updated On Mon, Jul 4th, 2016 by Saurenergy The BRICS Working Group meets in Visakhapatnam to chalk out plan on enhancing cooperation in energy efficiency and energy saving. All BRICS nations, viz., Brazil, Russia, China and South Africa will make presentations during the two day (4th -5th July) deliberations starting Monday. India, a member of the BRICS will showcase its efforts in energy […] Read more
India, UK to work together as R&D partners in Solar Energy and Nano Material Research Updated On Fri, Jun 24th, 2016 by Saurenergy India and UK have agreed to work together in two major initiatives in the fields of Solar Energy and Nano Material Research..Union Minister for Science & Technology and Earth Sciences, Dr. Harsh Vardhan announced about the initiative after the 5th Indo-UK Science and Innovation Council Meeting (SIC). SIC is the apex body which oversees the […] Read more
Sunverge Energy names ABB software veteran Clinton Davis to lead product Updated On Fri, Jun 10th, 2016 by Saurenergy Sunverge Energy named ABB Software Veteran- Clinton Davis as its Senior Vice President of Product and Program Management. Davis will be responsible for continuing the rapid expansion of Sunverge’s hardware and software offerings .He also will direct the enhancement of the innovative services the company provides to electric utilities, retailers and solar installers to help […] Read more
MNRE sets new capacity addition target of 16,660 MW for green energy Updated On Mon, Jun 6th, 2016 by Saurenergy The Ministry of New and Renewable Energy has set the uppermost capacity addition target of 16,660 MW for the clean power sector this fiscal. The target is close to four times the capacity target that the government set in the previous year. MNRE expects solar segment to achieve its highest-ever annual capacity in the current […] Read more
Indian Navy pledges 1.5% of its works budget towards renewable energy generation Updated On Mon, Jun 6th, 2016 by Saurenergy Indian Navy completed two years of its Green Initiatives Programme on World Environment Day. On the occasion the Navy has set itself an aggressive target of 21 MW Solar PV installations, to be implemented in three phases. The initiative is in line with the National Mission of Mega Watt to Giga Watt towards achieving 100 […] Read more