Orb Energy Hires Rabindra Satpathy as Exec VP – Business Development Updated On Thu, Jun 4th, 2020 by Saurenergy Shell-backed solar power firm Orb Energy has appointed Rabindra Satpathy as its Executive Vice President – Business Development. Now, Satpathy will oversee the Bengaluru-based company’s business development in ground-mounted solar power plants, including storage, floating solar and other new projects. He brings with him more than 35 years of solar experience in design, engineering, product […] Read more
Which States Have the Highest Solar Energy Potential in India? Updated On Thu, Jun 4th, 2020 by Saurenergy The solar energy generation potential in a specific area can be assessed based on factors like availability of land, solar radiation etc. The National Institute of Solar Energy (NISE), an apex institute of Ministry of New & Renewable Energy (MNRE), has estimated the potential of solar power in the country to be around 750 GWp. […] Read more
Vivint Solar Closes USD 545 Million of new Financings Updated On Wed, Jun 3rd, 2020 by Saurenergy Vivint Solar has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. Vivint Solar, a leading full-service residential solar provider in the United States, has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. The first is a USD 245 million upsize to the company’s already existing multi-lender […] Read more
Tender Issued for 1 MW Solar Plant at Madurai Kamaraj University Updated On Wed, Jun 3rd, 2020 by Saurenergy NIWE has issued a tender for the commissioning of a 1 MW solar energy power plant at the Madurai Kamaraj University in Tamil Nadu. The National Institute for Wind Energy (NIWE) has issued a tender, inviting EPC contractors in India to submit bids for undertaking the task of commissioning of a 1 MW solar energy […] Read more
Renewables Increasingly Cheaper Than new Fossil Fuels Based Capacity: IRENA Updated On Wed, Jun 3rd, 2020 by Saurenergy Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by IRENA finds. Renewables are increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) finds. The report, ‘Renewable Power Generation Costs in 2019’, shows that more than half […] Read more
Sungrow Smart Energy Virtual Show to Kick off on June 15th 2020 Updated On Tue, Jun 2nd, 2020 by Saurenergy The situation changes on a daily basis due to the COVID-19 pandemic, while the global market still witnesses a big growth in solar and storage segments. Sungrow, a global inverter solution supplier, keeps pioneering in advanced technologies and announced recently that it would bring an extraordinary smart energy virtual show on June 15th-19th despite the […] Read more
8minute Gets $225 Mn Loan from CIT Consortium for 18 GW Solar + Storage Projects Updated On Tue, Jun 2nd, 2020 by Saurenergy 8minute Solar Energy (8minute), a leading independent solar energy and storage projects developer in the United Sates, has secured a USD 225 million letter of credit (LC) facility from CIT led consortium. The consortium led by CIT as a sole coordinating lead arranger is comprised of 5 banks including KeyBank, HSBC, Rabobank and Nomura Holdings. […] Read more
Diagnostics – An Effective Approach for Solar industry Updated On Tue, Jun 2nd, 2020 by Saurenergy Diagnostics of a solar power plant can be an important tool to evaluate the “health” of a solar plant and identify measures to improve generation and optimize O&M. A typical diagnostics study would entail complete power flow mapping of a solar plant by measuring module degradation and damages, O&M efficacy, inverter efficiency, breakdown and plant […] Read more
Ircon Partners With NIIFL, Ayana to Explore Opportunities in Solar Energy Updated On Tue, Jun 2nd, 2020 by Saurenergy Ircon International has signed a pact with NIIFL and Ayana Renewable Power for exploring opportunities in the solar energy segment. Ircon International Limited, formerly Indian Railway Construction Limited, an engineering and construction organisation has announced that it has signed a pact with the National Investment and Infrastructure Fund Limited (NIIFL) and Ayana Renewable Power for exploring opportunities in the solar energy […] Read more