Fortum to Buy 35 MW of solar power capacity in Russia Updated On Fri, Dec 1st, 2017 by Saurenergy The Finnish power utility has agreed to acquire three solar power companies from Hevel Group in Russia. Finnish power utility Fortum has agreed to acquire 35 MW of solar power in Russia from local group Hevel. The Finnish company said the seller was Russian solar module maker and project developer Hevel Solar, without disclosing the […] Read more
EkoRE to Install 15 MW solar plant in Ukraine Updated On Fri, Dec 1st, 2017 by Saurenergy The Turkish EPC contractor is also planning to install rooftop PV systems on several public buildings of the city of Ochakiv. The City Council of Ochakiv, small city in the Mykolaiv region of southern Ukraine, has signed a memorandum of understanding (MoU) with the Turkish solar and renewable energy project developer Eko Renewable Energy Inc. […] Read more
Solar Power Boosts Agricultural Efficiency By 60%, Proves German Project Updated On Fri, Dec 1st, 2017 by Saurenergy The outcome of the project turned out to be a huge success as it proved that combining solar power with agriculture increases efficiency by up to 60 percent. Has solar power really boost agricultural production and efficiency of land use? The question has remained in news for a long time. Finally, Germany actually took the […] Read more
Argentina Expects up to USD 3 Billion in Renewable Energy Projects Updated On Thu, Nov 30th, 2017 by Saurenergy Argentina believes between $2.5 billion and $3 billion in investment in renewable energy projects Argentina believes between $2.5 billion and $3 billion in investment in renewable energy projects after its government awarded projects to generate 1,408 megawatts (MW) of power, and promised to increase that amount to 2,000 MW. According to the Ministry of Energy […] Read more
Rooftop Solar Presents a $23 Billion Opportunity in India: Report Updated On Thu, Nov 30th, 2017 by Saurenergy Rooftop solar in India will grow inevitably with or without the support of power distribution utilities According to a new report released by Bloomberg New Energy Finance (BNEF), India’s 40-GW target for rooftop solar PV by 2022 represents a $23 billion investment opportunity. The report titled, ‘Accelerating India’s Clean Energy Transition,’ which was released at […] Read more
ABB Supplies Inverters to Power 20 MW Solar Project in Egypt Updated On Thu, Nov 30th, 2017 by Saurenergy ABB said the 20 MW solar project in Egypt was commissioned this year in two phases, and was constructed by Complete Energy Solutions (CES). ABB has supplied its central inverters to power 20 MW solar project in Egypt developed by Middle Eastern EPC contractor Complete Energy Solutions (CES). According to the company statement, the 20 […] Read more
More Than 7.5MW of Projects are Installed By Gurugram’s Ultimate Sun Systems in Haryana Updated On Thu, Nov 30th, 2017 by Saurenergy The company is also targeting to have expertise in conceiving, developing, and installing solar power plants for 25 new corporate clients in Haryana. Ultimate Sun Systems has now installed more than 7.5MW of Solar capacity projects in the developing state of Haryana in the FY 2016-2017.The benchmark has been by installing successful projects like a […] Read more
Tumbling Solar Prices Starts Claiming Victims as Trina Reconsiders India Updated On Thu, Nov 30th, 2017 by Saurenergy Trina solar CEO says the Chinese company is reconsidering a planned India plant because prices there are now too low. The price of solar is tumbling across the world. And solar auctions are having their intended effect: Prices for developers are tumbling across Asia. While that’s good news for consumers, solar companies might have to […] Read more
World Bank’s IFC Funds CleanMax Solar with $15 Million Updated On Thu, Nov 30th, 2017 by Saurenergy IFC also invested $125 million in Hero Future Energies, Hero Group’s renewable arm against an undisclosed equity stake. A senior executive from rooftop solar company CleanMax Solar has announced that the firm which is currently backed by American private equity giant Warburg Pincus has recently secured $15 million of funding against equity capital from International […] Read more
