Hero Future Energies Raises USD 125 Million from World Bank’s private investment arm to fund RE projects Updated On Thu, Jan 5th, 2017 by Saurenergy HFE signed an agreement with IFC for the investment, the proceeds of which will be used to fund the construction of wind and solar power plants Hero Future Energies (HFE) has raised US$ 125 million in equity infusion from International Finance Corporation (IFC), the World Bank’s private investment arm. HFE signed an agreement with IFC […] Read more
Solar Power to Become Economical than Coal by 2025 Updated On Tue, Jan 3rd, 2017 by Saurenergy As reported on Bloomberg, solar is expected to get cheaper than coal by 2025 According to the reports, the solar power has become quite cheaper than the coal in various parts of the world. In less than a decade, it’s likely to be the lowest-cost option almost everywhere. In 2016, countries from Chile to the […] Read more
Solar market in India to grow by 90% in 2017: Bridge to India Updated On Tue, Jan 3rd, 2017 by Saurenergy 2017 will be a bumper year for the sector in India with total installed capacity reaching around 18 GW by the end of the year Indian solar market to witness stellar growth in 2017 with total installed capacity reaching around 18 GW by the end of the year claims Bridge to India. According to the […] Read more
With 2017 approaching, India aspires to become the fastest growing solar market in the world Updated On Tue, Dec 20th, 2016 by Saurenergy As the 2017 knocks at the door, it is worth taking a look at the Indian solar sector to analyze key the trends, challenges and outlook. Key highlights include record project volumes – both for capacity addition and issue of new tenders, improving power Distribution Company (DISCOM) financial position as a result of UDAY scheme, […] Read more
Global RE– INVEST 2017 postponed, new dates to be notified soon Updated On Thu, Dec 15th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) has postponed the 2nd Renewable Energy Global Investors Meet & Expo (Global RE-INVEST 2017) which was scheduled from 15-17 February 2017 in Gandhi nagar, Gujarat. The ministry notes that it is working on fresh dates and will notify shortly. Global RE-INVEST 2017 is being organised in partnership with […] Read more
Amaranto Group signs an agreement with CPEC Ananta to build 200MW solar PV projects: Report Updated On Wed, Dec 14th, 2016 by Saurenergy Amaranto Group has reportedly signed a joint venture agreement with Mumbai-based solar developer CPEC Ananta to build 200MW of solar projects across India in next four years. Rodolfo Bigolin, managing partner and chief executive of Amaranto Global Asset Management, speaking to PV Tech said “the firms currently have two projects with a combined capacity of […] Read more
TRC releases its top 12 predictions for the energy, utility, and oil and gas sectors for 2017 Updated On Tue, Dec 13th, 2016 by Saurenergy TRC Companies has released its top 12 predictions for the energy, utility, and oil and gas sectors for 2017, including robust funding for utility mergers and acquisitions and infrastructure upgrades as well as big shifts in power plant and pipeline construction focus. TRC CEO Chris Vincze said: “Even as oil and gas prices fluctuate and […] Read more
Canadian Solar announces commencement of its solar module manufacturing in Sorocaba,Brazil Updated On Mon, Dec 12th, 2016 by Saurenergy Canadian has announced the commencement of solar module manufacturing in Sorocaba, Brazil. The new manufacturing facility will be Brazil’s largest, with 380 MW annual capacity of made in Brazil solar modules. The official inauguration of this state-of-the-art new solar module facility was attended by the Geraldo Alckmin, Governor for the State of Sao Paulo, Eduardo […] Read more
Sterling and Wilson obtains EPC Contract for 170 MW Solar PV Project in Morocco Updated On Sat, Nov 26th, 2016 by Saurenergy Largest Global Solar EPC Company, Sterling and Wilson, with over 1 GW of installations on ground, have signed an agreement to construct a 170 MW photovoltaic (PV) facility, with the consortium led by ACWA Power in the Kingdom of Morocco. The agreement was signed during a ceremony at COP22 in Marrakech. The NOOR PV I […] Read more
