Etrion and Hitachi High-Technologies signs Project Finance Agreement for 13.2 MW Komatsu solar project in Japan Updated On Mon, Nov 21st, 2016 by Saurenergy Etrion Corporation, a solar independent power producer, announced today the signing of a project finance agreement with Sumitomo Mitsui Trust Bank, Limited (“SuMi Trust”) for the construction of the 13.2-MW Komatsu solar project located in the Ishikawa Prefecture of Japan. Marco A. Northland, Etrion’s Chief Executive Officer, commented: “I am delighted to announce the signing […] Read more
Punj Lloyd signs a deal with India Power Green Utility for 30 MW solar project in Uttarakhand Updated On Sat, Nov 19th, 2016 by Saurenergy Punj Lloyd Infrastructure (PLIL) has signed an agreement with India Power Green Utility (IPGUPL) to co-develop 30 MW of solar assets in Uttarakhand, in respect of three solar power projects. With this pact, Punj Lloyd shares got a 3% intraday boost on agreement for development of solar assets in Uttarakhand. The stock was quoting at […] Read more
JinkoSolar Completes the Sale of Jinko Power Downstream Business in China Updated On Wed, Nov 16th, 2016 by Saurenergy JinkoSolar Holding Co., Ltd., one of the leader in the photovoltaic industry has announced the completion of the sale of all of the 55% equity interest it indirectly held in Jiangxi JinkoSolar Engineering Co., Ltd., a developer and operator of solar power projects in the People’s Republic of China, to Shangrao Kangsheng Technology Co., Ltd., a […] Read more
ACWA Power launches new clean energy division to capitalize on the MENA market potential Updated On Fri, Nov 11th, 2016 by Saurenergy ACWA Power is all set to launch a new clean energy company to accelerate growth of its current renewable energy portfolio of 1 GW and capitalize on the rapidly growing market potential for renewable energy in emerging markets. According to UN Environment Programme (UNEP) in 2015, US$266 billion was invested globally in renewable power capacity, […] Read more
EnSync Delivers a Formal Notice of Default to SPI Solar Under Supply Agreement Updated On Tue, Oct 25th, 2016 by Saurenergy EnSync Energy Systems has reported that SPI Solar has failed to meet its purchase obligations under its supply agreement with the Company. EnSync Energy has delivered a formal notice of default to SPI Solar. In the notice the Company informed SPI that to cure its breach of the supply agreement, by November 23, 2016 SPI […] Read more
Kerala to generate 400 MW of solar power to meet the power crisis Updated On Tue, Oct 4th, 2016 by Saurenergy The State government of Kerala is planning to generate 100 MW power from hydro-electric projects in three years and start 400 MW from solar plants to overcome the power crisis in the region. Answering to the demands for grants for power in the Assembly, Power Minister Kadakampally Surendran mentioned that a course of action had […] Read more
Reliance Power plans to set up a 400 MW solar plant as part of its capacity expansion programme Updated On Fri, Sep 30th, 2016 by Saurenergy Reliance Power plans to double capacity of its Rosa and Butibori thermal power plants and will set up a 400 MW solar plant in the coming years, the company’s Chairman Anil Ambani said today. Addressing RPower’s 22nd Annual General Meeting, he said it will double the capacity of its Rosa and Butibori power plants to […] Read more
Canadian Solar and Recurrent Energy announces a 15-year PPA for 100 MW of solar power in California Updated On Wed, Sep 28th, 2016 by Saurenergy Canadian Solar and Recurrent Energy announced a 15-year Power Purchase Agreement (PPA) for 100 MWac of solar power in California with MCE. Power from the Recurrent Energy-developed 8 solar project, located in Fresno County, California, will supply MCE with 100 MWac of clean solar electricity, which according to the company is enough to power 48,300 […] Read more
Tamil Nadu to float tenders for solar power projects Updated On Wed, Sep 21st, 2016 by Saurenergy Tamil Nadu seems quite eager to hand over new tenders for solar power projects. Despite the price per unit of solar power falling down across the country, the states of Tamil Nadu was among the few states which signed PPA at 7.10 per unit until recently. Now, the Tamil Nadu Electricity Regulatory Commission (TNERC) has […] Read more
