Ensync Energy Sells 20-Yr PPA with HPU to Undisclosed Investor Updated On Wed, Apr 18th, 2018 by Saurenergy This long-term agreement is expected to bring clean, affordable energy to Aloha Tower Marketplace. EnSync Energy Systems has sold its 20-year Power Purchase Agreement (PPA) with Hawai’I Pacific University (HPU) to an undisclosed investor. This long-term agreement is expected to bring clean, affordable energy to Aloha Tower Marketplace. Further, the PPA will provide HPU’s Aloha Tower […] Read more
Ares EIF to Buy Majority Stake in Conti Solar Updated On Wed, Apr 18th, 2018 by Saurenergy Conti Solar has received strategic investment from a fund managed by Ares EIF, the power and energy infrastructure strategy in the Private Equity Group at Ares Management. Private Equity firm Ares EIF has acquired majority ownership stake in Conti Solar, previously a wholly-owned subsidiary of The Conti Group. Further, Conti Solar has received strategic investment […] Read more
Rajasthan to Add 3,780 MW Solar Capacity by April Next Year Updated On Wed, Apr 18th, 2018 by Saurenergy “The current solar power generation is contributing 10 percent to the total power consumption in the state and we are targeting to increase it to 17 percent by 2021.” In order to achieve the goal of 7000 MW clean energy capacity in next four years in Rajasthan, the government has already assigned 20 projects of […] Read more
India Starts Probe into Dumping of EVA Sheets Updated On Tue, Apr 17th, 2018 by Saurenergy The probing agency, Directorate General of Antidumping and Allied Duties (DGAD), an arm of commerce ministry, will investigate the imports of ‘Ethylene Vinyl Acetate (EVA) sheets for solar modules’. India has started a probe into the alleged dumping of EVA sheets, imported from China, Malaysia, Saudi Arabia, South Korea and Thailand, which are used in […] Read more
India’s Solar Capacity Addition Likely to Drop by 40 Percent in 2018-19: ICRA Updated On Tue, Apr 17th, 2018 by Saurenergy Between April 2017 to February 2018 the country has added around 7.2 Gw solar capacity to its kitty. It is highly likely that India’s solar power capacity addition will drop by 40 per cent to a range between 4 Gigawatt (GW) and 4.5 Gw in the 2018-19, thanks to the recent slowdown in the tendering and project […] Read more
Madras HC Dismisses Plea Against 70% Levy on Solar Imports Updated On Tue, Apr 17th, 2018 by Saurenergy The oral order was delivered by the court whereas the written order is likely to be pronounced today. Challenging the recommendations of 70% safeguard duty on imports of solar panels and modules by Directorate General of Safeguards, the Madras High Court has dismissed the petition on Monday. The oral order was delivered by the court […] Read more
Solar Rooftop Manufacturers Awaiting Rs 200 cr Govt Subsidy Updated On Mon, Apr 16th, 2018 by Saurenergy Since, September last year no payment has been made to the manufacturers. The Central Government has not yet paid the subsidy dues to the solar rooftop manufacturers who sell their products on subsidized rates to customers and later recover it from the government. Since, September last year no payment has been made to the manufacturers. […] Read more
International Solar Alliance: A Rollercoaster Ride for Indian Solar Updated On Mon, Apr 16th, 2018 by Saurenergy Indian solar sector witnesses sharp momentum in the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took office, India had 3 GW of solar power, which now turned to nearly seven-times of that, or 20 GW, by the end of FY18. India’s efforts towards solar sector came into […] Read more
Sineng Electric’s Central Distributed Inverter Updated On Mon, Apr 16th, 2018 by Saurenergy Product Brief: Sineng Electric has launched a new central distributed inverter for bifacial solar modules. It is designed to resolve issues of bifacial modules that do not always perform perfectly due to the limited of traditional inverters when light conditions are optimal. It also facilitates technological progress across the sector. Product Features: It is equipped […] Read more
