Sunvalley Solar acquires Rayco Energy Updated On Wed, Jun 1st, 2016 by Saurenergy Sunvalley Solar has announced the completion of its acquisition of Rayco Energy. Northern California based Rayco Energy is specializes in providing cost-saving and ENERGY efficient solutions, including LED lighting, Solar Thermal and Solar Electricity, to local communities and business units. The acquisition will be funded through the issuance of restricted shares of SSOL Series B […] Read more
SPI Energy connects four distributed generation projects of 12.8MW to the grid in China Updated On Tue, May 31st, 2016 by Saurenergy SPI Energy has announced that it has successfully completed and connected four distributed generation (DG) projects totaling 12.8 megawatts (MW) to the grid in China. The Company was responsible for the engineering, procurement and construction (EPC) of all the DG solar energy projects. Solarbao.com, SPI Energy’s e-commerce and investment platform, provided financial leasing services. The […] Read more
MNRE brings online facility for installation of solar rooftops Updated On Tue, May 31st, 2016 by Saurenergy Ministry of News and Renewable Energy (MNRE) has prepared a centralized facility which will let users apply online for installation of solar rooftops on their premises. A senior official speaking to PTI said Govt. has provided an online facility where users can apply for solar rooftops based on their requirements and space available. The official […] Read more
JinkoSolar announces unaudited financial results for the Q1 2016 Updated On Sat, May 28th, 2016 by Saurenergy JinkoSolar Holding has announced its unaudited financial results for the first quarter ended March 31, 2016. In first quarter company’s total solar module shipments were 1,600 megawatts (“MW”), which includes 166 MW to be used in the Company’s downstream projects. Total solar module shipments decreased by 6.4% from 1,710 MW in the fourth quarter of 2015 […] Read more
Small Wind Solar Hybrid System to provide electricity to un-electrified areas: MNRE Updated On Thu, May 26th, 2016 by Saurenergy Ministry of New and Renewable Energy is implementing a programme to promote the installation of small wind solar hybrid systems. The objective of the programme is to provide electricity in unelectrified areas or areas with irregular electric supply. Under the programme, MNRE provides Central Financial Assistance (CFA) to community users for installation of such systems. […] Read more
OCI to develop 1 GW photovoltaic power plants in China and India by 2018: Report Updated On Wed, May 25th, 2016 by Saurenergy OCI Global Ltd. is reportedly planning to develop about 1 gigawatt of photovoltaic power plants in China and India by 2018. The company will be investing USD 400 million for the projects, while rest of the investment will come from elsewhere said Pranab Kumar Sarmah, unit’s chief investment officer in an interview to Bloomberg in […] Read more
IREDA reports 5.56% decline in net profit Updated On Mon, May 23rd, 2016 by Saurenergy Indian Renewable Energy Development Agency (IREDA) has reported a 5.56 per cent decline in net profit at Rs 151.49 crore during the six months period that ended on March 31. IREDA in a BSE filing said that the company had a net profit of Rs 160.42 crore in the same period a year ago. The […] Read more
Tata Power Renewable Energy bags 100 MW solar project in Karnataka under NSM Updated On Fri, May 20th, 2016 by Saurenergy Tata Power Renewable Energy (TPREL) has bagged two solar grid connected photovoltaic projects of 50 MW capacities each in Pavagada Solar Park in the Tumkur district of Karnataka. The projects have been awarded through OPEN category under the Jawaharlal Nehru National Solar Mission (JNNSM) Phase-Il Batch-Il Tranche-l under ‘State Specific Bundling Scheme’. TPREL has received […] Read more
MNRE sets target for Commercial & Industrial sector for FY 2016-17 Updated On Fri, May 20th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) is implementing a Grid connected Rooftop and Small Solar Power Plants Programme. The Government has set a target of 40,000 MWp of grid interactive rooftop solar (RTS) PV plants by 2022. These RTS plants will be set up in residential, commercial, industrial, institutional, Government/ PSU sectors ranging from […] Read more
