DEWA signs PPA with Masdar for third phase of the Mohammed bin Rashid Al Maktoum Solar Park Updated On Wed, Nov 30th, 2016 by Saurenergy Dubai Electricity and Water Authority (DEWA) has signed a Power Purchase Agreement (PPA) with Abu Dubai Future Energy Company (Masdar), for the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park. The agreement was signed by Saeed Mohammed Al Tayer, MD & CEO of DEWA, and Dr Sultan Ahmed Al Jaber, UAE […] Read more
Infosys generates solar energy at 2.85/kWhr, plans expansion Updated On Wed, Nov 30th, 2016 by Saurenergy The cost of solar power has dipped well below the 3-mark, if software major Infosys is any example. Infosys’ Executive Vice-President, U Ramadas Kamath said that the company has 6.6 MW of ground mounted solar capacity (and another 600 kW on the roofs) at its Hyderabad facility. The cost of generation of electricity, averaged over […] Read more
Hindustan Power to invest Rs 17000 crore in Madhya Pradesh, focuses on solar Updated On Wed, Nov 30th, 2016 by Saurenergy Hindustan Power will invest Rs 17000 crore in Madhya Pradesh in the energy sector by 2020. This will account for half of the company’s investment plan across the country by that year. Apart from its 1200 MW thermal power plant in Anuppur district, Hindustan Power, formerly known as Moser Baer, has commissioned a 30 MW […] Read more
TSERC Approves Net Metering Policy for Solar Rooftop Systems Updated On Tue, Nov 29th, 2016 by Saurenergy Telangana State Electricity Regulatory Commission has approved net metering policy for solar rooftop customers in the state. This regulation comes into force from the date of its notification in the Official Gazette and extends to the entire state of Telangana. It is applicable to distribution licensees (DISCOMs), eligible consumers and third-party owners of rooftop solar […] Read more
ReNew Power to install solar rooftop for Indian Railways Updated On Mon, Nov 28th, 2016 by Saurenergy After successfully securing the highest subsidy allocation from SECI for rooftop solar projects, ReNew Power Ventures has won bids for 5MW solar installations across various locations for the Indian Railways. India’s leading renewable energy development company will invest around Rs 35 crore in these projects which will supply energy to Railways through a 25-year power […] Read more
Intersolar steps into one of the most promising, but challenging solar markets Updated On Sat, Nov 26th, 2016 by Saurenergy The Iranian Deputy Minister for Energy, Dr. Sattar Mahmoudi, and the Managing Director of the Renewable Energy Organization of Iran (SUNA), Dr. Mohammad Sadegh Zadeh, welcomed more than 400 attendees, twice as many as expected, at the first Intersolar Summit Iran in Tehran on November 15, 2016. Main discussions were about grid-integration solutions, financing and […] Read more
Sterling and Wilson obtains EPC Contract for 170 MW Solar PV Project in Morocco Updated On Sat, Nov 26th, 2016 by Saurenergy Largest Global Solar EPC Company, Sterling and Wilson, with over 1 GW of installations on ground, have signed an agreement to construct a 170 MW photovoltaic (PV) facility, with the consortium led by ACWA Power in the Kingdom of Morocco. The agreement was signed during a ceremony at COP22 in Marrakech. The NOOR PV I […] Read more
Industry’s Aspirations on Solar Blueprint Updated On Fri, Nov 25th, 2016 by Saurenergy Every year India faces severe electricity shortage, to meet the rapidly growing demand the country needs a massive addition in capacity. And to sustain the pace of economic growth with a commitment towards the reduction of greenhouse gases, India has to cut its dependency on fossil fuels for electrification. Therefore solar power installations in India […] Read more
Trina Solar Announces Third Quarter 2016 Results Updated On Thu, Nov 24th, 2016 by Saurenergy Trina Solar Limited, a global leader in photovoltaic (“PV”) modules, solutions, and services, announced its unaudited financial results for the quarter ended September 30, 2016. Third Quarter 2016 Financial and Operating Highlights Total module shipments were 1,361.2 MW, compared with 1,658.3 MW in the second quarter of 2016, and 1,703.2 MW in the third quarter […] Read more