Sterling and Wilson Scales New Heights; Gets Awarded the World’s Largest Solar Power Plant Updated On Tue, Jun 20th, 2017 by Saurenergy The solar power plant is jointly developed by Marubeni, a Japanese integrated trading and investment giant, along with Jinko, a global leader in the solar industry, and Abu Dhabi Water and Electricity Authority (ADWEA). Sterling and Wilson, one of the dominant global forces in the solar power space, has bagged Turnkey Engineering Procurement and Construction […] Read more
EBRD Approves US$ 500 Million for Private Renewable Energy Projects in Egypt Updated On Fri, Jun 9th, 2017 by Saurenergy The European Bank for Reconstruction and Development (EBRD) financing will support the development of private renewable energy projects under the Egyptian government’s feed-in-tariff programme. The European Bank for Reconstruction and Development (EBRD) has taken a major step forward in the rollout of renewable energy with the approval of a US$ 500 million framework to finance […] Read more
Emel Solar announces sale of Wirsol’s 105 MW portfolio of solar projects to Rockfire Capital Updated On Tue, Jun 6th, 2017 by Saurenergy Emel worked with Wirsol to market the 105 MW portfolio of solar project and help identify the right financing partner. The deal was completed in two months, according to Rockfire chief executive Liam Kavanagh Emel Solar Limited has announced the sale of Wirsol’s 105 MW portfolio of solar projects located throughout the UK to a […] Read more
Kandla Port to Get 200 MW Solar Power and Wind Energy Plants Updated On Wed, May 31st, 2017 by Saurenergy The 200 MW solar power and wind energy project will be constructed on 1.5 lakh acres of land at Kandla port. The Ministry of Shipping is exploring the possibility of setting up 200 MW solar and wind energy projects on 1.5 lakh acres of land at Kandla Port in Gujarat, Union Minister for Shipping and […] Read more
Solar Power Juggernaut Will Keep Rolling Despite Higher Taxes Under GST Updated On Sat, May 27th, 2017 by Saurenergy According to a list of 1,211 items released after the meeting of the GST Council, which comprises finance ministers of all the states of the Union, “Photosensitive semiconductor devices; including solar photovoltaic cells, whether or not assembled in modules or made up into panels”, will be charged at a rate of 18 Goods and Services […] Read more
Bengaluru International Airport Partners with Bosch India to Generate Solar Power for its Operations Updated On Fri, May 26th, 2017 by Saurenergy With solar power usage, Bengaluru International Airport is expected to help reduce CO2 emissions by 3625 tonnes per annum. Bosch Limited, a leading supplier of technology and services, has commissioned two solar power projects for the Bengaluru International Airport Limited (BIAL) the first project of 440kW has been installed in the car park area in […] Read more
Tata Power’s Renewable Energy Capacity Crosses 2,000 MW Mark, Clean Energy Portfolio surpasses 3000 Mark Updated On Wed, May 24th, 2017 by Saurenergy “We are happy to announce that Tata Power has registered a strong growth in renewables, which is one of our key focus areas through our recent acquisition of solar assets. The renewable energy business made a healthy contribution to PAT this year and we continue to be the largest renewable player in the country,” Tata […] Read more
Power Ministry Proposes Compensation for Grid Curtailment, to Benefit Renewable Energy Sector Updated On Wed, May 24th, 2017 by Saurenergy “If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure a favourable operational environment for renewable energy projects. It will also be positive for wind and solar energy developers,” The government has proposed a compensation mechanism for existing renewable energy projects, which will protect the […] Read more
Sri Lanka is betting big on Solar and Wind energy sources through competitive bidding route Updated On Mon, May 22nd, 2017 by Saurenergy Sri Lanka also has an active rooftop solar power programme. The government is targeting such plants on at least one million roofs with an installed capacity of around 1,000 MW. With abundant wind and solar power potential, Sri Lanka is betting big on these electricity sources through competitive bidding for projects, a top government official […] Read more