Detroit City Council approves 20-year lease with DTE Energy to build a 10-acre solar energy array Updated On Wed, Mar 30th, 2016 by Saurenergy The Detroit City Council on Tuesday approved a plan to build solar array and park on vacant land on the west side of the city. DTE Energy will install 10-acre solar energy array on vacant city-owned land near Interstate 96 and Greenfield at the former O’Shea Park. The Council has unanimously approved a 20-year lease […] Read more
SECI’s latest tender for solar plants in Uttar Pradesh find bidders at Rs. 4.43 per kwH Updated On Tue, Mar 29th, 2016 by Saurenergy The Solar Energy Corporation of India’s (SECI)’s latest tender for solar plants in Uttar Pradesh with base tariff of Rs 4.43 per kwH has managed to tug bidders, though many in the trade believed the price too aggressive. RattanIndia Solar Ltd has bagged 50 MW solar projects at the Allahabad solar park, while SolaireDirect bagged […] Read more
Panasonic’s Solar Lantern Deployment Crosses 14000 mark in India Updated On Mon, Mar 28th, 2016 by Saurenergy Panasonic has passed the halfway mark of “100 Thousand Solar Lanterns Project” with cumulative number of solar lanterns donated exceeding 50,000 on March 10, 2016. Panasonic’s project started in February 2013 with a donation of 3,000 units to Myanmar, followed by donations to other areas in Asia and Africa without access to electricity. The number […] Read more
CalPERS buys ownership stake in 550-megawatt solar plant in Riverside County Updated On Sat, Mar 26th, 2016 by Saurenergy The California Public Employees’ Retirement System (CalPERS) has announced that it would acquire up to a 25 percent stake in the 550-megawatt solar plant in Riverside County. The Riverside County solar farm was world’s largest solar project when it opened last year. CalPERS’ investment in the farm is seen as welcome news in the industry […] Read more
Solargise to invest Rs.900 crores to set up 500 MW module and cell manufacturing facility in Bengaluru Updated On Fri, Mar 25th, 2016 by Saurenergy Solargise India has signed MOU and EOI with government of Karnataka to invest over Rs. 3900 crores in the state and announced the commercial launch of operations has signed MOU and EOI with government of Karnataka to invest over Rs. 3900 crores in the state and announced the commercial launch of operations. The company said […] Read more
Domestic firms dominated Jharkhand‘s 1.2 GW Solar Tender Updated On Fri, Mar 25th, 2016 by Saurenergy Jharkhand’s first bulk tender of solar power projects of 1.2GW received interest from Indian companies. The state issued tender to allocate 1200 MW of solar power projects to private developers in December last year. Early this month Results announced by the Jharkhand government shows bids placed by successful project developers range between Rs 5.08/kWh and […] Read more
Canada’s Suncor submits proposal to build three 80 MW solar PV farm Updated On Fri, Mar 25th, 2016 by Saurenergy Canada’s largest oil sands producer Suncor has submitted a proposal to the Alberta Electric System Operator to build three 80 MW solar PV farms in the state. This is the first time that the company is foraying into solar energy. The proposal from the firm includes sum of 240MW solar PV plants in the stand […] Read more
ACME wins 75 MW project in Jharkhand Updated On Wed, Mar 23rd, 2016 by Saurenergy ACME India has announced that it has expanded its solar power projects portfolio to 1229 MW with the latest addition of 75 MW project in Jharkhand. The financial bid from ACME for the tariff of Rs. 5.73 (25 MW) and 5.48 (50 MW) for 25 years was announced during the final bids opening by Jharkhand […] Read more
SunEdison finds difficult to get buyers for its projects in India Updated On Wed, Mar 23rd, 2016 by Saurenergy US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […] Read more