Ayala Acquires Majority Stake in US Solar Tech Firm Updated On Tue, Feb 27th, 2018 by Saurenergy Merlin is highly complementary to various Ayala businesses, such as the renewable energy generation under AC Energy, says Jaime Augusto. Conglomerate Ayala Corporation has expanded its footprint in the solar energy by acquiring controlling stake in the Silicon Valley-based Merlin Solar Technologies Inc. In a disclosure to the Philippine Stock Exchange, Ayala said, the transaction […] Read more
MNRE Prepares Draft for Solar Pump Specifications & Testing Procedure Updated On Mon, Feb 26th, 2018 by Saurenergy The Ministry has prepared the draft for solar pump specifications and testing procedure, for which comments or suggestions can be submitted latest by March 12, 2018. The Ministry of New and Renewable Energy (MNRE) has prepared the draft for solar pump specifications and testing procedure, for which comments or suggestions can be submitted latest by […] Read more
S’pore-based SolarHome Raises $1.2 mn in Convertible Note Offering Updated On Mon, Feb 26th, 2018 by Saurenergy The company to use funds to expand into dry zone in Myanmar and build out credit risk management function. A Singapore-based start-up, SolarHome, that provide Pay-As-You-Go (PAYG) solar off-grid solutions, has raised another USD 1.2 million in growth capital through an issue of convertible notes to a consortium of investors. The company to use funds to expand […] Read more
Adani Group Inks Rs 9K cr Solar, Other Projects in Andhra Updated On Mon, Feb 26th, 2018 by Saurenergy The company would also be investing in a multi-modal logistics park, says Gautam Adani. Adani Group has inked a pact with the Andhra Pradesh government to invest over Rs 9,000 crore in various projects, including setting up of solar and wind facility, development of a greenfield port, in next five years. Adani Group, Chairman, Gautam […] Read more
MNRE Leads from the Front to Push Solar Sector Updated On Sat, Feb 24th, 2018 by Saurenergy The latest move by MNRE should be seen at a time when India had failed to comply with a World Trade Organisation (WTO) ruling on solar power. The government of India, through its MNRE, seems to have woken up by issuing the latest amendments to accelerate the growth of the solar photovoltaic sector. The recent […] Read more
Redstone Arsenal Opens 10 MW Solar Project in the US Updated On Sat, Feb 24th, 2018 by Saurenergy The project started its construction a year and a half ago. The panels stretch across 114 acres and will save an estimated $80,000 per year. Redstone Arsenal, a United States Army post welcomed its solar energy and battery storage project. The project started its construction a year and a half ago. The panels stretch across […] Read more
200KW Solar Power Plants Commissions in CIHSR, Nagaland Updated On Sat, Feb 24th, 2018 by Saurenergy The Government of India (GoI), through the Ministry of New and Renewable Energy (MNRE), sponsored the 200 KW off-grid solar power plants and were implemented by DNRE, government of Nagaland. In a move to contribute towards clean energy, a 100 KW grid solar power plant and 100 KW off grid solar power plants were inaugurated […] Read more
Statkraft Installs 5MW Solar Power Plant in Tamil Nadu Updated On Fri, Feb 23rd, 2018 by Saurenergy Statkraft BLP Solar Solutions earlier commissioned several roof-top and ground-mounted projects, including a 5MW open access solar plant in Tumkur District, Karnataka. Statkraft BLP Solar Solutions (SBSS), a leading renewable energy company in India has commissioned a 5MW ‘in-campus’ solar project at SRF’s manufacturing plant in Gummidipoondi in the state of Tamil Nadu. The solar […] Read more
Govt Issues Penalty for Violating DCR Norms Under MNRE’s Solar PV Projs Updated On Fri, Feb 23rd, 2018 by Saurenergy The move has come to avoid misuse of policy. The Government of India (GoI), through the Ministry of New and Renewable Energy (MNRE), has issued a memorandum titled – “Penalties for violation of norms of Domestic Content Requirement (DCR) under Solar PV power projects under MNRE’s Schemes / Programmes”. The memorandum was published on the MNRE […] Read more
