Canadian Solar Acquires an 80.6 MWp of Solar Power Project in Brazil Updated On Thu, Sep 7th, 2017 by Saurenergy Once connected to the grid, the solar power plant will generate approximately 143,664 MWh of electricity per year, which will be sold to CCEE (Electrical Energy Commercialization Chamber). Construction will start in early 2018 and reach commercial operation in Q4 2018. Canadian Solar has announced an acquisition of an 80.6 MWp solar photovoltaic (PV) project […] Read more
Solar Photovoltaic Material Market to Reach US$ 19,607.5 Mn by 2024: Transparency Market Research Updated On Mon, Sep 4th, 2017 by Saurenergy Transparency Market Research in its new report forecasts the global solar photovoltaic material market to reach US$ 19,607.5 Mn by 2024, expanding at a CAGR of 11.4% between 2016 and 2024. The solar photo-voltaic material market was valued at US$ 7,557.8 Mn in 2015. Solar photovoltaic materials are the material that is used in manufacturing […] Read more
How falling solar tariffs are shaping the solar future of India’s 100GW goal Updated On Wed, Aug 30th, 2017 by Saurenergy The technology chapter of solar energy is aerobicized, the growing efficiencies and advance solar cells is aggrandizing operation regardless of robust conditions. In the case of India, the valiant figures of solar integration are extolling and cementing new charts of growth. This unequivocally qualifies the international and national players to proliferate and also aggressively dive […] Read more
Locus Energy introduces “Bring Your Own Logger” Service to offer Solar Monitoring Hardware Flexibility Updated On Wed, Aug 30th, 2017 by Saurenergy With the ability to ingest data from many different endpoints, project stakeholders can now take advantage of Locus’ multitude of tools and applications. This includes SolarNOC, Locus’ cloud-based fleet management platform, which provides an unprecedented level of control over how system data is aggregated, displayed, and analyzed. Locus Energy has announced new, advanced hardware flexibility, […] Read more
MNRE issues guideline Tariff Based Competitive Bidding Process to increase affordability of Solar Power Updated On Mon, Aug 28th, 2017 by Saurenergy The guideline for Tariff Based Competitive Bidding Process has been issued by MNRE under the provisions of Section 63 of the Electricity Act, 2003 for long term procurement of electricity by the ‘Procurers’ Ministry of New & Renewable Energy (MNRE) has issued Guidelines for tariff based competitive bidding process for procurement of power from grid connected […] Read more
Government’s New Solar Norms Prevents DISCOMSs from Terminating PPAs Updated On Wed, Aug 23rd, 2017 by Saurenergy The solar guidelines, laid down by the renewable energy ministry, prevent DISCOMs from unilaterally amending or terminating PPAs. India has announced new norms to improve bankability of solar power projects and boost investments without raising tariff, even as the International Renewable Energy Agency (IRENA) said the country can raise renewable energy use to meet a […] Read more
MNRE Drafts New Guidelines on Solar Power Procurement Updated On Wed, Aug 23rd, 2017 by Saurenergy Prepared by the MNRE, the new guidelines cover the grid-connected solar PV power projects with a size of 5 mw and above, and will help in reducing off-takers’ risks, encourage investments, enhance bankability of projects and improve profitability for investors. The government has implemented new rules for buying power from grid-linked solar power projects through […] Read more
Marathon Capital Advises Heelstone Energy on the Sale of a 194MW Solar Portfolio to Sammons Renewable Energy Updated On Tue, Aug 22nd, 2017 by Saurenergy Heelstone Energy will continue to provide asset and operations management services to Sammons Renewable Energy for the entire portfolio. Marathon Capital, LLC has announced the sale of a 194 MW (DC) utility-scale solar portfolio by Heelstone Energy Holdings, LLC (“Heelstone”) to Sammons Renewable Energy (“SRE”). Heelstone, headquartered in Chapel Hill, North Carolina, is a leading […] Read more
PESB Asks Renewable Energy Ministry to Choose Proper Course of Action for Selection of SECI MD Updated On Mon, Aug 21st, 2017 by Saurenergy The Public Enterprises Selection Board (PESB) had interviewed three candidates – PTC India Director (Marketing) and Business Development Rajib Kumar Mishra, Konkan Railway Corporation Ltd Director (Finance) Amitabh Banerjee and SECI Director (Finance) C Kannan – for the SECI MD post, PESB said on its website. Government head-hunter PESB has asked the renewable energy ministry […] Read more