Avaada Power Inks MoU to Set Up 500MW Solar Farms in Andhra Updated On Wed, Feb 28th, 2018 by Saurenergy The move will generate more than 1,200 employment opportunities in the state. Renewables developer Avaada Power has inked an Memorandum of Understanding (MoU) with the Andhra Pradesh government to develop 500MW of utility-scale PV projects, with an investment of Rs 35 billion (USD537 million). The Indian solar developer said that the projects in the state […] Read more
SECI Invites Bids for 3000 MW ISTS-Connected Solar PV Projs in India Updated On Wed, Feb 28th, 2018 by Saurenergy SECI shall enter into the Power Purchase Agreement (PPA) with the successful bidders selected for the purchase of solar power for a period of 25 years. The Solar Energy Corporation of India (SECI), a government of India enterprise, has invited bids for setting up of grid-connected solar PV projects to be installed anywhere in India […] Read more
Arctech Solar Provides 46MW Racking System to Japan Updated On Tue, Feb 27th, 2018 by Saurenergy For the first time the company bring a fixed-mounting structure, with more adjustable joints, to the Japanese market. Solar tracking and racking systems provider Arctech Solar has provided 46MW racking system to a solar power plant in Gunma, Japan. For the first time the company bring a fixed-mounting structure, with more adjustable joints, to the Japanese […] Read more
Floating Solar Panels Market to Cross 2.5 GW by 2024: Report Updated On Tue, Feb 27th, 2018 by Saurenergy On grid floating solar panels market volume could witness a significant growth of over 45 per cent from 2016 to 2024. According to a new research report by the market research and strategy consulting firm, Global Market Insights, Inc, the Floating Solar Panels Market share is estimated to exceed 2.5 GW by 2024. On grid floating solar […] Read more
SunPower Completes 10MW Solar, 1MW Storage Proj in Alabama Updated On Tue, Feb 27th, 2018 by Saurenergy The solar array is expected to improve the Army’s energy resilience, reduce electricity costs, and provide energy diversity. Solar solutions provider SunPower Corporation has completed and commenced the operations of a 10-Megawatt solar photovoltaic (PV) and 1-Megawatt energy storage project at the US Army’s Redstone Arsenal in Alabama. The solar array and storage project was designed, […] Read more
MNRE Leads from the Front to Push Solar Sector Updated On Sat, Feb 24th, 2018 by Saurenergy The latest move by MNRE should be seen at a time when India had failed to comply with a World Trade Organisation (WTO) ruling on solar power. The government of India, through its MNRE, seems to have woken up by issuing the latest amendments to accelerate the growth of the solar photovoltaic sector. The recent […] Read more
Six Flags Entertainment to Create Largest Solar Carport in North America Updated On Sat, Feb 24th, 2018 by Saurenergy The company has also plans for a nearly 7-megawatt system at Discovery Kingdom in Vallejo. As part of its green initiative, the US-based theme park company, Six Flags Entertainment Corporation is planning to boost solar capacity at two of its California parks, including Magic Mountain. Six Flags in partnership with JLL, a global professional services […] Read more
First Solar Net Loss Narrows to $432.45 Mn in Q4 Updated On Fri, Feb 23rd, 2018 by Saurenergy Its net sales in Q4 were $339 million, a decrease of $748 million from the previous quarter on the back of lower systems and third-party module sales. Comprehensive PV solar systems provider, First Solar, Inc. has reported that its net loss narrowed to $432.45 million, or $4.14 per share, in the fourth quarter of 2017. […] Read more
Govt Issues Penalty for Violating DCR Norms Under MNRE’s Solar PV Projs Updated On Fri, Feb 23rd, 2018 by Saurenergy The move has come to avoid misuse of policy. The Government of India (GoI), through the Ministry of New and Renewable Energy (MNRE), has issued a memorandum titled – “Penalties for violation of norms of Domestic Content Requirement (DCR) under Solar PV power projects under MNRE’s Schemes / Programmes”. The memorandum was published on the MNRE […] Read more
