Cheap Chinese Imports Burn Domestic Solar Cell, Module Makers Updated On Tue, Feb 28th, 2017 by Saurenergy Solar cell and module makers were hoping for incentives to scale up production, but it seems like Union Budget disappointed them. Indian solar cells and modules manufacturers have not able to cash in on the opportunity of rising solar power installations thanks to Chinese competition. Between April and October 2016, India imported solar power material […] Read more
OGPC Sought For Shareholders’ Vote on Converting Debt of Yes Bank into Equity Updated On Tue, Feb 28th, 2017 by Saurenergy OGPC has also sought shareholders’ approval for reappointment of S Venkatachalam as Managing Director for 3 years — from September 23, 2016 to September 22, 2019. Orient Green Power Company (OGPC) has sought shareholders’ vote on converting up to Rs 50 crore of debt of Yes Bank into equity. The special resolution is to approve […] Read more
ArcelorMittal to Set Up A Solar Farm on Land Allotted to it for a Steel Plant In Karnataka: Report Updated On Mon, Feb 27th, 2017 by Saurenergy “In view of excess capacity of steel world-wide and uncertainty in iron ore availability locally, the company is also exploring the possibility of utilising the land in Karnataka for the establishment of a solar farm for generating solar energy,” World’s largest steelmaker ArcelorMittal may set up a solar farm on land alloted to it for […] Read more
SDG&E Unveils Largest Lithium-Ion Battery Energy Storage Facility in Partnership with AES Energy Updated On Mon, Feb 27th, 2017 by Saurenergy SDG&E’s lithium-ion battery energy storage facility will enhance regional energy reliability while maximizing renewable energy use. The 30MW storage facility is capable of storing up to 120MW hours of energy, the energy equivalent of serving 20,000 customers for four hours. SDG&E has unveiled the largest lithium-ion battery energy storage facility in partnership with AES Energy Storage. […] Read more
LONGi Group Launches Global Integration Brand Strategy, renames LERRI Solar as LONGi Solar Updated On Mon, Feb 27th, 2017 by Saurenergy The company will participate in PV Expo 2017 in Tokyo, Japan from March 1 to March 3, 2017, with its new brand identity LONGi Solar LONGi Group has announced that it has renamed its overseas brand LERRI Solar, which encompasses its solar cell and module businesses, as LONGi Solar. The company will participate in PV […] Read more
VELCO, IBM Announce the Creation of Utopus Insights for next generation of intelligent energy solutions Updated On Sat, Feb 25th, 2017 by Saurenergy Under an agreement between VELCO and IBM Research, IBM Research’s Smarter Energy team, as well as related intellectual property and technology, will become part of Utopus Insights Vermont Electric Power Company (VELCO) and IBM have announced the creation of Utopus Insights, Inc. Utopus Insights, based in Valhalla, NY is a new company that will strive […] Read more
Affordable Solar announces solar energy generation contract for Facebook Data Center Updated On Fri, Feb 24th, 2017 by Saurenergy PNM has awarded Affordable Solar the $37 million contract for engineering, procurement, and construction of the 30MW solar energy generation project for Facebook Data Center Affordable Solar has announced that it has been selected to build a 30 MW photovoltaic project for the Facebook Data Center in Los Lunas, NM. PNM has awarded Affordable Solar the $37 million contract for […] Read more
Zambia Signs Second Scaling Solar Mandate to Develop another 500 MW of Renewable Energy Updated On Fri, Feb 24th, 2017 by Saurenergy The Government of Zambia has signed an agreement with Scaling Solar for a second mandate to Develop another 500 MW of Renewable Energy The Government of Zambia has signed agreements for a second mandate with Scaling Solar, the World Bank Group program that is helping developing countries procure low cost, privately financed, solar power. This […] Read more
IDFC Bank Lends Rs 675 Crore for Rajasthan Solar Power Project Updated On Thu, Feb 23rd, 2017 by Saurenergy IDFC Bank will be sanctioning Rs 675 crore for a solar power project in Rajasthan owned by French company Solairedirect. IDFC Bank is creating a renewable energy niche in loans, sanctioning Rs 675 crore to a Rajasthan-based solar power project owned by French company Solairedirect. The deal could be an early sign of a revival […] Read more
