Government of India plans mega projects to overcome land problems for solar energy Updated On Thu, Dec 8th, 2016 by Saurenergy To overcome the scarcity of land for expansion of solar energy in the country, government is planning a number of initiatives like development of solar parks, ultra mega solar power projects and solar zones. “The government has planned to overcome the challenge by launching the schemes like development of solar parks and ultra mega solar […] Read more
Marathon Capital Announces the Successful Closing of Empower Energies’ DG Solar Fund Updated On Thu, Dec 1st, 2016 by Saurenergy Marathon Capital is pleased to announce the successful closing of the Empower Energies, Inc. (“Empower” or the “Company”) Distributed Generation Fund (“DG Fund”) for commercial and industrial (“C&I”) photovoltaic solar projects originated and developed by Empower and its co-development partners. Marathon Capital served as the exclusive financial advisor and evaluated a variety of tailored, structuring […] Read more
DEWA signs PPA with Masdar for third phase of the Mohammed bin Rashid Al Maktoum Solar Park Updated On Wed, Nov 30th, 2016 by Saurenergy Dubai Electricity and Water Authority (DEWA) has signed a Power Purchase Agreement (PPA) with Abu Dubai Future Energy Company (Masdar), for the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park. The agreement was signed by Saeed Mohammed Al Tayer, MD & CEO of DEWA, and Dr Sultan Ahmed Al Jaber, UAE […] Read more
Intersolar steps into one of the most promising, but challenging solar markets Updated On Sat, Nov 26th, 2016 by Saurenergy The Iranian Deputy Minister for Energy, Dr. Sattar Mahmoudi, and the Managing Director of the Renewable Energy Organization of Iran (SUNA), Dr. Mohammad Sadegh Zadeh, welcomed more than 400 attendees, twice as many as expected, at the first Intersolar Summit Iran in Tehran on November 15, 2016. Main discussions were about grid-integration solutions, financing and […] Read more
Demonetization hits solar power bids in Tamil Nadu Updated On Fri, Nov 25th, 2016 by Saurenergy Demonetization has hit solar power tenders in Tamil Nadu with many developers unable to put down large volumes of cash needed to purchase the land required. Out of 500MW for which Tamil Nadu Generation and Distribution Corporation (TANGEDCO) floated tenders early this month, 20 bids for only 116MW have been received. For presenting a bid […] Read more
Industry’s Aspirations on Solar Blueprint Updated On Fri, Nov 25th, 2016 by Saurenergy Every year India faces severe electricity shortage, to meet the rapidly growing demand the country needs a massive addition in capacity. And to sustain the pace of economic growth with a commitment towards the reduction of greenhouse gases, India has to cut its dependency on fossil fuels for electrification. Therefore solar power installations in India […] Read more
PHOTON Consulting’s PV Triathlon: 3Q16 Rankings Updated On Thu, Nov 24th, 2016 by Saurenergy PHOTON Consulting is pleased to announce the release of the 3Q16 edition of the PV Triathlon, PHOTON’s ranking of solar companies. The PV Triathlon evaluates and ranks solar companies based on PHOTON’s proprietary methodology that includes: Current financial health (i.e. balance sheet related metrics) Cost and profitability leadership (i.e. income statement related metrics) Sustainability of […] Read more
Net-metering conflicts in the United States sets example for rooftop solar market in India Updated On Tue, Nov 22nd, 2016 by Saurenergy Rapid growth in the rooftop solar market of United States and the number of net-metering connections has given a rise to a battle-front between utilities on one hand and consumers & solar developers on the other hand. Utilities are arguing against the rationale of giving customers full retail credit for their excess energy and vigorously […] Read more
Amazon Web Services Brings Five New Solar Farms To Help Power Its Massive Cloud Data Center Updated On Sat, Nov 19th, 2016 by Saurenergy Amazon Web Services is bringing on five new solar farms to help it run its cloud data center. The new solar farms across Virginia will bring a total of 180 megawatts (MW) of renewable energy capacity onto the grid before the end of next year. New facilities along with the company’s existing plant are expected […] Read more
