GCL-SI Invests in Vietnam for 600MW Solar Cell Production Updated On Fri, Jan 6th, 2017 by Saurenergy In the deal, GCL-SI will provide solar cell production equipment, whereas Vina offers plant, supporting facilities along with an experienced management team. GCL System Integration has recently announced its investment in Vina Cell Technology for 600MW solar cell production capacity. Vina Cell Technology Co., Ltd. is a Vietnam-based solar cell manufacturer. With this move GCL-SI […] Read more
ReneSola Bags 13MW of Solar Power Projects in Poland’s First Electricity Auction Updated On Fri, Jan 6th, 2017 by Saurenergy The Solar Projects are expected to be connected to the grid by December 2017 and will be sold to the local utility under a 15-year PPA ReneSola has announced that it has bagged 13 solar utility projects in southern Poland, each with a capacity of 1 MW. All of these 13 solar power projects are […] Read more
ReneSola Sells Two Commercial Solar Power Projects in U.S Updated On Thu, Jan 5th, 2017 by Saurenergy “We believe the U.S. remains an important market for us due to attractive project economics, coupled with streamlined infrastructure for solar power project development” ReneSola has announced that it sold its two solar power projects in Holyoke, Massachusetts (the “Projects”) to New York-based C2 Special Situations Group. The Projects have a combined capacity of approximately […] Read more
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