Azure Power Assigned Highest Accreditation Rating by ICRA Updated On Fri, Jul 28th, 2017 by Saurenergy While assigning the rating ICRA considered Azure Power’s strong track record of project execution, its well qualified and experienced management, technical competence, quality of suppliers and ties-up, and strong financial profile. Azure Power, a leading independent solar power producer in India, has been assigned SP 1A rating by ICRA, one of India’s leading rating agencies. […] Read more
World Bank Loan for Solar Projects Updated On Thu, Jul 27th, 2017 by Saurenergy World Bank financing of USD 100 Million for development of internal infrastructure of solar parks has been planned by Indian Renewable Energy Development Agency Ltd. (IREDA) under the aegis of Ministry of New & Renewable Energy. The World Bank loan is proposed to flow to the interested Solar Power Park Developers (SPPDs) through IREDA. This […] Read more
GCL-SI Inks Cooperation Agreement with IBC SOLAR Updated On Thu, Jul 27th, 2017 by Saurenergy GCL System Integration Technology signs business partnership with IBC SOLAR in Germany, a global leader in photovoltaic (PV) systems and energy storage. It is a clear indication that GCL-SI is exploring the European markets by providing the local markets with its solar modules. Per agreement, GCL-SI will deliver 60 megawatt polycrystalline solar modules to the […] Read more
SunPower to Supply 29.9MW of High Efficiency Solar Panels for Tenergie Solar Projects in France Updated On Tue, Jul 25th, 2017 by Saurenergy The SunPower panels are being installed on 157 rooftop projects totaling 26.8 megawatts and two ground-mount projects totaling 3.1 megawatts. Tenergie expects to commission all of the projects before the end of next year. SunPower, a majority-owned subsidiary of Total SA, and Tenergie, an independent renewable power producer have announced that SunPower is supplying 29.9 […] Read more
Solar Power to Get Cheaper than Electricity Grid for Residential Sector in Next Two Years Updated On Tue, Jul 25th, 2017 by Saurenergy solar energy in India has already reached ‘grid parity’ in commercial, industrial and utility sectors, and soon solar power would be achieved in residential sector as well. In the next two years, solar power will be cheaper than the electricity grid in the residential sector, says solar energy provider SunSource Energy which has successfully implemented […] Read more
JinkoSolar Supplies 30 MW ac for 2 Hecate Energy Projects Updated On Mon, Jul 24th, 2017 by Saurenergy JinkoSolar’s high-efficiency modules are powering the 10 MW ac Clarke County project located in Double Tollgate. It will also be supplying 20 MW ac for the Cherrydale project currently under construction. JinkoSolar Holding Co., Ltd., a global leader in the photovoltaic (PV) industry has announced that it supplied 30 MW ac of PV modules for […] Read more
Centre to Notify Guidelines for Renewable Power Procurement Updated On Fri, Jul 21st, 2017 by Saurenergy Until the guidelines are drafted, the till then projects will be set up under existing provisions of the Electricity Act, 2003 under section 62 wherein the State Regulatory Commission is to be approached for fixation of tariff. The Union Ministry of New and Renewable Energy has clarified that a guideline for procurement of renewable power […] Read more
SolarReserve Receives Environmental Approval for 390 MW Solar Thermal Facility with Storage in Chile Updated On Thu, Jul 20th, 2017 by Saurenergy Likana Solar Energy Project in the Antofagasta region will provide reliable, non-intermittent electricity from solar energy 24-hours a day. SolarReserve, the industry leader in baseload solar power solutions and advanced solar thermal technology with energy storage, has received an environmental approval from the Chilean government to build a 390 megawatt solar thermal power station with […] Read more
ReNew to Acquire Orange’s Portfolio in $950 Million Deal to Bulk Up Before IPO Updated On Wed, Jul 19th, 2017 by Saurenergy ReNew power is in in active discussions with Orange Renewable to acquire its portfolio of a little over 600 MW of predominantly wind and a smattering of solar assets for Rs 6175 crore ($950 million) of enterprise valuation, and has already submitted a non binding offer and is conducting diligence. Sumant Sinha led ReNew Power […] Read more
