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
First Solar wraps up 130 MW of solar power plants in Andhra Pradesh and Telangana Updated On Wed, Aug 10th, 2016 by Saurenergy US-based solar power projects developer, First Solar’s local subsidiary- the First Solar Power India has announced the commercial operation of 80 MW and 50 MW solar power plants in Andhra Pradesh and Telangana. Both the plants are part of the 260 MW project portfolio owned by First Solar in India. Sujoy Ghosh, First Solar’s Country […] Read more
Canadian Solar Signs PPA For 63MWP Solar Power Plant in Aguascalientes, Mexico Updated On Tue, Aug 9th, 2016 by Saurenergy Canadian Solar has announced that it has signed a Power Purchase Agreement (“PPA”) with the Federal Electricity Commission for the 63MWp solar power plant in Aguascalientes, Mexico. This solar power project was awarded in April 2016 under the Mexico’s First Long Term Electricity Auction. Electricity generated from the plant will be sold to the CFE […] Read more
Gujarat Industries Power Company bags 2 x 40 MW PPA with SECI Updated On Mon, Aug 8th, 2016 by Saurenergy Gujarat Industries Power Company (GIPCL) has signed a power purchase agreements (PPAs) with Solar Energy Corporation of India for solar power projects in Gujarat. GIPCL has entered into PPA with SECI for 2 x 40 megawatts Solar Power Projects in Gujarat Solar Park, Village Charanka, District Patan, under National Solar Mission (NSM) Phase-II, Batch IV. […] Read more
