Martifer Solar signs DA with Canadian Solar for a 63MW PV plant project in Mexico Updated On Mon, May 9th, 2016 by Saurenergy Martifer Solar and its JV MIRE partners have signed a Development Agreement with Canadian Solar for a 63MW solar power project in Aguascalientes, Mexico. The joint venture formed by Martifer Solar Sistemas Solares, S.A., Energía ECG, S.A.P.I de C.V. and Ithaca Environmental Ventures Limited to develop projects in Mexico. MIRE began the development of this […] Read more
Fortum announces to invest EUR 200–400 million in solar projects in India Updated On Tue, Apr 12th, 2016 by Saurenergy Finnish utility firm Fortum on Tuesday announced to invest euros 200-400 million (Approx. Rs 15100-30200 crore) in solar power projects in India. Fortum in a statement said “the country offers one of the best solar resources and a sound government support for the development of the solar sector. The country provides a good platform for […] Read more
EDF Renewable Energy signs 15 year PPA with a California Utility for 111 MWac Solar Project Updated On Thu, Apr 7th, 2016 by Saurenergy EDF Renewable Energy has signed a 15-year Power Purchase Agreement with Southern California Edison (SCE) for 111.2 megawatt alternating current (MWac) solar project. The Valentine solar project will deliver clean electricity to SCE starting December 2019. Valentine Solar spreads across 1,260 acres of private land in Kern County’s Mojave Desert, adjacent to company’s Catalina Solar […] Read more
SECI to set up grid connected 100 MW Solar PV projects across Chhattisgarh Updated On Wed, Mar 30th, 2016 by Saurenergy Solar Energy Corporation of India (SECI) on “Build Own Operate” basis is setting up grid connected 100 MW Solar PV projects under JNNUSM across Chhattisgarh claims a report. According to The Pioneer SECI will enter into Power Purchase Agreement (PPA) with the bidders to purchase solar power for a period of 25 years. Chhattisgarh Renewable […] Read more
PSEG Solar Source acquires 37.8 MW-dc solar energy facility from Juwi for $60m Updated On Tue, Mar 22nd, 2016 by Saurenergy PSEG Solar Source has acquired a 37.8 MW-dc solar energy facility from juwi Inc. for $6 million. The facility located in Las Animas County, Colorado will be named PSEG San Isabel Solar Energy Center. It will increase the capacity of PSEG Solar Source’s portfolio to 315 MW-dc. The PSEG San Isabel Solar Energy Center has […] Read more
Govt to soon bring policy for Large-Scale Manufacturers Updated On Mon, Mar 7th, 2016 by Saurenergy Government is working on a policy to boost large-scale solar equipment production facilities that will be soon be sent for the Cabinet’s approval, New & Renewable Energy Minister Piyush Goyal said. “We are working on a policy to promote large-scale domestic manufacturing of solar equipment for making it more competitive,” Goyal said while addressing at SURYA KRANTI […] Read more
New Policy for Solar Panels in the Indian Railways Updated On Sat, Mar 5th, 2016 by Saurenergy With Indian government’s aim of making India the ‘clean energy’ kernel, the largest rail network has settled a policy for harnessing solar energy on rooftops of Railway premises. The policy will allow establishing solar power plants through developer mode with a long term Power Purchase Agreement (PPA) by Railways. The existing policy pronounces rooftops of […] Read more
Govt likely to announce incentives to boost manufacturing of solar panels Updated On Sat, Feb 27th, 2016 by Saurenergy Government may announce inducements in the upcoming Budget to boost manufacturing of solar panels and achieve its objective of establishing 100 gigawatts of solar capacity by 2022. So far, solar t Finance minister Arun Jaitley may announce incentives, such as Viability Gap Funding (VGF) to help sprout manufacturing plants in the country and vow long-term […] Read more
ArcelorMittal to Construct 500 – 600MW Solar Plant in India Updated On Mon, Feb 8th, 2016 by Saurenergy ArcelorMittal aims to establish 500 – 600MW solar power plant in Karnataka -India instead of the Steel Mill. The company spokeswoman said that, ‘In view of current market conditions in the global steel industry and uncertainty in raw material availability, ArcelorMittal would like to utilize the acquired land in Karnataka for a meaningful purpose of […] Read more
