Suzlon Consolidated Net Loss For Q4 Reduces to Rs 295 Cr Updated On Fri, May 31st, 2019 by Saurenergy Suzlon reported that its consolidated net loss for the last quarter of the year has reduced to Rs 294.64 crore, a drop of more than Rs 175 crore over the same period last year, Rs 469.85 crore. Suzlon Energy recently issued its financial results for the financial year 2018-19 and the last quarter (Q4). Suzlon […] Read more
Facebook Partners with Longroad Energy For 379 MW Texas Solar Project Updated On Fri, May 31st, 2019 by Saurenergy Facebook will be the sole tax equity investor for the project, the company’s first direct investment in a renewable energy project. Longroad Energy, a US-based renewable energy developer, has announced the financial close and start of construction of its Prospero Solar project in Andrews County, Texas with a total financing package of approximately $416 million. […] Read more
Canadian Solar Signs its Biggest Module Supply Agreement Updated On Thu, May 30th, 2019 by Saurenergy Canadian Solar has signed a 1800 MW module supply agreement with EDF Renewables North America. Canadian Solar, one of the world’s largest solar power companies, recently announced that it has signed a multi-year module supply agreement with EDF Renewables North America to deliver 1,800 MW of high-efficiency poly solar modules for projects in the US, […] Read more
ISA’s big Solar Pump Move Finally Rolls Off Updated On Thu, May 30th, 2019 by Saurenergy With EESL issuing a tender for 272579 Solar Water Pumps on behalf of the ISA and its member countries, the biggest project so far with the ISA is finally underway. One of the biggest initiatives the International Solar Alliance (ISA), Prime Minister Narendra Modi’s biggest international achievement, were plans to drive down prices of solar […] Read more
SECI Receives Bids For 2100 MW Against 1200 MW Solar Tender Updated On Thu, May 30th, 2019 by Saurenergy The Solar Energy Corporation of India (SECI) has received bids for development of solar projects worth 2100 MW for its tranche-IV interstate transmission system (ISTS)-connected solar tender. The SECI solar tender for setting up of 1200 MW ISTS-connected solar projects in the country was oversubscribed by 900 MW after receiving bids from 7 developers worth 2100 […] Read more
India Now the Lowest Cost Producer of Solar Power Updated On Thu, May 30th, 2019 by Saurenergy A new report by IRENA has revealed that India now holds the tag of the lowest cost producer of solar power in the world. The International Renewable Energy Agency’s (IRENA) latest report, ‘Renewable Power Generation Costs in 2018’ highlights the latest trends for each of the main renewable power technologies. And draws on the latest […] Read more
Sixth Extension For SECI’s 97.5 Rooftop Scheme Tender Updated On Thu, May 30th, 2019 by Saurenergy Bidders will now have until June 17, 2019, to submit their bids for the development of the rooftop solar projects under the scheme. The Solar Energy Corporation of India (SECI) has issued a notification amending the deadline for bid submission for its 97.5 MW grid-connected solar PV system rooftop scheme for government buildings. The nodal […] Read more
WB Announces Energy Partnership to Support Energy Storage in Developing Countries Updated On Wed, May 29th, 2019 by Saurenergy The 10th Clean Energy Ministerial and 4th Mission Innovation Ministerial, being held at Vancouver, Canada, saw the announcement of a new international partnership by the World Bank. The Energy Storage Partnership (ESP) includes the World Bank Group and 29 organizations working together to help develop energy storage solutions tailored to the needs of developing countries. The […] Read more
Skilancer Solar Gets Venture Funding from Alfa Ventures Updated On Wed, May 29th, 2019 by Saurenergy The buzz in the solar sector has attracted yet another VC, with Alfa ventures investing in Skilancer Ventures, a startup focused on the sector The Noida-based Skilancer Solar did not discolose the funding amount it received from Alfa Ventures, a venture of entrepreneur and investor Dhianu Das . Skilancer was started in 2017 by IIT […] Read more