Etrion to Sell Italian Solar Portfolio to Ultor Updated On Mon, Nov 14th, 2016 by Saurenergy Etrion Corporation has signed definitive sale and purchase agreement with Ultor S.p.A, a joint venture owned equally by Enel Green Power S.p.A. and Fondo Italiano per le Infrastrutture. Under the agreement Ultor will purchasing Etrion’s 60-megawatt (“MW”) Italian solar portfolio for initial cash consideration of Euro 78 million and the assumption of related project-level debt […] Read more
Thermax and FRENELL bags contract for Asia’s first integrated solar thermal power plant from NTPC Updated On Wed, Nov 9th, 2016 by Saurenergy Thermax and FRENELL (through its wholly owned subsidiary Novatec Solar Espana, S.L) has bagged contract for Asia’s first integrated solar thermal power plant project at Dadri in Uttar Pradesh from NTPC. The project involves the integration of a concentrated solar field into the Dadri coal fired power station and is expected to be completed by […] Read more
Dr. Gundu Sabde, CMD RelyOn Solar Pvt. Ltd Updated On Sat, Nov 5th, 2016 by Saurenergy RelyOn Solar was founded in April 2010 by Dr. Gundu Sabde with a strong belief that solar energy is going to be alternative to fossil fuels especially in Indian circumstances. The company focuses on off-grid and power plant applications. RelyOn Solar wants to bring energy independence to people where they would have their own power […] Read more
Paris Agreement to combat climate change comes into force Updated On Fri, Nov 4th, 2016 by Saurenergy The Paris Agreement to fight climate change becomes international law today; a landmark that UN says signals at the foundation of a new chapter for civilization and demonstrates that countries are serious about addressing global warming. According to Associate Press so far 96 countries, accounting for just over two thirds of the world’s greenhouse gas […] Read more
Solar and Wind takes a leap ahead in the power war against coal Updated On Tue, Nov 1st, 2016 by Saurenergy The battle between clean energy and dirty coal has entered a new phase. The International Energy Agency (IEA), an industry forecaster, this week reported that in 2015 for the first time renewable energy passed coal as the world’s biggest source of power-generating capacity. The IEA, whose projections for solar and wind energy have in the […] Read more
Rapid increase in the share of renewables has destabilized the wholesale electricity markets: Capgemini Updated On Sat, Oct 29th, 2016 by Saurenergy Capgemini in the eighteenth edition of its annual study, the European Energy Markets Observatory (EEMO) has revealed that rapid increase in the share of renewables has destabilized the wholesale electricity markets. The report published in partnership with I4CE and Vaasa ETT states world Governments have increasingly dedicated budgets to developing renewable energy solutions and building […] Read more
TPREL signs 100 MW PPA for solar project at Anantapuram with SECI Updated On Tue, Oct 25th, 2016 by Saurenergy Tata Power Renewable Energy Ltd (TPREL) has signed a Power Purchase Agreement (PPA) for a 100 MW solar project at Anantapuram solar park in Andhra Pradesh with the Solar Corporation of India (SECI). The Commercial Operations Date (COD) of the project as per the PPA is 16th October 2017. The project has been secured through […] Read more
NTPC to set up 50 MW solar project in Andaman & Nicobar Island Updated On Fri, Oct 21st, 2016 by Saurenergy NTPC will be installing 50MW solar power projects with battery energy storage system at different locations in Port Blair in Andaman & Nicobar Island. A Memorandum of Understanding (MOU) has been signed between NTPC, Andaman & Nicobar Administration & Ministry of New and Renewable Energy in New Delhi. The power generated from the commissioned solar […] Read more
India secures payment for 500MW SunEdison Solar Project Updated On Wed, Oct 19th, 2016 by Saurenergy State-owned Solar Energy Corp. of India said the government received fees needed for a 500-megawatt solar park, won by bankrupt renewable-energy developer SunEdison Inc., to go ahead. Solar-park charges of 2 billion rupees ($30 million) along with signed implementation agreements have been received, SECI Managing Director Ashvini Kumar said in an interview. SunEdison Energy India […] Read more
