Pharma Major Cipla Acquires 26 Percent Stake in AMPSolar Owned Local SPV Updated On Mon, May 27th, 2019 by Saurenergy The acquisition is expected to be completed by June 12, 2019. Cipla has invested Rs 12.9 crore for the 26 percent stake in the SPV. Indian multinational pharmaceutical and biotechnology company, Cipla, has announced the acquisition of a 26 percent minority stake in AMPSolar Power Systems Pvt. Ltd. (AMPSolar), a wholly owned subsidiary of AMPSolar […] Read more
Scatec Solar Brings on MT Energy For 485 MW Solar Projects in Vietnam Updated On Fri, May 24th, 2019 by Saurenergy Scatec Solar is envisioned to provide the project’s equity funding. In addition, the company will be the turn-key EPC provider and will be providing Operation & Maintenance as well as Asset Management services to the projects. Norway-based Scatec Solar has partnered with MT Energy, a Vietnamese energy company, to develop, finance, construct and operate large-scale […] Read more
ADB Agrees To Help Finance 100-MW Solar Project in Cambodia Updated On Fri, May 24th, 2019 by Saurenergy The Asian Development Bank (ADB) said today it will extend a loan of USD 7.64 million to support the construction of a 100-MW photovoltaic (PV) park in Cambodia. The National Solar Park Project was developed with grants from the governments of Canada and Singapore and envisages the installation of a power plant in Kampong Chhnang […] Read more
Solar Prosumers in Goa Get Faulty Bills, Still Awaits Subsidy Payment Updated On Fri, May 24th, 2019 by Saurenergy After spending lakhs of rupees on rooftop solar installations, solar prosumers (producers and consumers of solar power) are now distressed as the electricity department failed to account for the solar power that their plants have been supplying to the grid. Receiving their first bills after a period of six months since their solar installations were […] Read more
Modi 2.0. What Will the Impact be on Solar Energy Sector? Updated On Fri, May 24th, 2019 by Saurenergy With a thumping majority behind it again, the Narendra Modi led NDA government offers one big relief to the renewables sector straightaway. Continuity. Unfortunately, that’s where the good news ends. While the industry seems uniformly happy at the removal of further uncertainty on the next government, hopes are high for further changes in on the […] Read more
Solar Dominates as China Approves 21 GW of Subsidy Free RE Projects Updated On Thu, May 23rd, 2019 by Saurenergy Chinese authorities approved list puts solar projects ahead of wind and other renewables China’s top economic planning agency, the National Development and Reform Commission (NDRC) has given the nod to the first batch of renewable projects under its new zero-subsidy policy. NDRC gave a go-ahead to 20.8 GW of renewable energy projects that will be […] Read more
EDF & Masdar Consortium Wins 800 MW Hybrid Solar Project in Morocco Updated On Thu, May 23rd, 2019 by Saurenergy EDF, Masdar and Green of Africa Consortium has won 800 MW hybrid solar project in Morocco. The Moroccan Agency for Solar Energy (MASEN) has announced – after a competitive international bidding process – that the consortium of EDF (through its subsidiary EDF Renewables), Abu Dhabi Future Energy Company – Masdar, and Green of Africa, Moroccan […] Read more
Selecting The Right Solar PV Module: The Endconsumer’ Dilemma! – Part1 Updated On Thu, May 23rd, 2019 by Saurenergy The world we live in is adaptive to technological advancements and energy is no exception. With the world moving towards non-polluting sources, renewable energy sources and especially solar PV (due to its widespread adaptability) shall play a major role in such transformation. Earlier, solar PV technology was only limited to space applications because of its […] Read more
Artificial Photosynthesis Can Bring Green Tech Closer to Solar Energy Storage Updated On Thu, May 23rd, 2019 by Saurenergy Chemists at the University of Illinois have successfully produced fuels using water, carbon dioxide and visible light through artificial photosynthesis. By converting carbon dioxide into more complex molecules like propane, green energy technology is now one step closer to using excess CO2 to store solar energy – in the form of chemical bonds – for […] Read more
