Everstone Group, Lightsource BP Form 50:50 JV to Invest in Indian Green Infrastructure Updated On Thu, Apr 19th, 2018 by Saurenergy The newly formed JV will provide the funds with the financial and strategic resources of the partners aiming to create successful green energy businesses in partnership with local management teams. Indian private equity fund Everstone Group and British solar parks developer Lightsource BP has formed a 50:50 Joint Venture (JV) called ‘EverSource Capital’ to jointly […] Read more
International Solar Alliance: A Rollercoaster Ride for Indian Solar Updated On Mon, Apr 16th, 2018 by Saurenergy Indian solar sector witnesses sharp momentum in the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took office, India had 3 GW of solar power, which now turned to nearly seven-times of that, or 20 GW, by the end of FY18. India’s efforts towards solar sector came into […] Read more
World’s New Power Generation Banking on Sunshine Updated On Sat, Apr 7th, 2018 by Saurenergy The United Nations Environment report indicated that the solar energy has dominated global investment in new power generation like never before in 2017. The world installed a record 98 gigawatts of new solar capacity, far more than the net additions of any other technology – renewable, fossil fuel or nuclear. Climbing investment Solar power attracted […] Read more
World Added More Solar than Fossil Fuel Power Generating Capacity in 2017: UN Report Updated On Fri, Apr 6th, 2018 by Saurenergy Solar power also attracted far more investment, at USD 160.8 billion, up 18 per cent, than any other technology. Solar energy dominated global investment in new power generation like never before in 2017, a UN report has said. The world installed a record 98 GW of new solar capacity, which is far more than the […] Read more
ENGIE Completes Fenix’s Acquisition to Bring Affordable Power to Africa Updated On Wed, Apr 4th, 2018 by Saurenergy Through this partnership, Fenix will gain access to ENGIE’s supply chain, expertise, long-term capital investments and talent across the energy value chain. Global utility company ENGIE has completed the acquisition of the off-grid energy leader Fenix International. ENGIE and Fenix have ambitious targets to reach millions of households across Africa and this partnership will accelerate […] Read more
India’s PV Module Manufacturing Sector Needs Serious Attention Updated On Sat, Mar 31st, 2018 by Saurenergy India’s manufacturing sector is set to take a giant leap forward, with the government announcing a slew of measures to boost domestic manufacturing in recent past. As a result, various companies are gearing up to expand their production facilities in India. However, Indian manufacturers continue to face a stiff competition with Chinese and other global […] Read more
Enel Inaugurates Peru’s Largest Solar PV Plant Updated On Mon, Mar 26th, 2018 by Saurenergy Enel invested around 170 million US dollars in the construction of Rubi, as part of the investments outlined in the company’s current strategic plan. Enel, has started operations at the 180 MW1 Rubi solar PV plant, which is Peru’s largest solar plant and Enel’s first solar facility in the country. Antonio Cammisecra, Head of EGP […] Read more
Construction Starts on 700MW Concentrated Solar Power Plant in Dubai Updated On Tue, Mar 20th, 2018 by Saurenergy The new 700MW CSP project, which will be based on the Independent Power Producer (IPP) model, will feature the world’s tallest solar tower measuring 260m. United Arab Emirates (UAE) Vice-President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum has broken ground on the 700MW concentrated solar power (CSP) phase 4 of the Mohammed bin […] Read more
Florida Power & Light Inaugurates Four New Solar Projects Totaling 298 MW Updated On Tue, Mar 6th, 2018 by Saurenergy FPL’s solar expansion plays a significant role in its forward-looking strategy of making smart investments that generate affordable clean energy for customers. Florida Power & Light Company has announced the names and locations of four new solar power plants expected to begin powering customers by mid-2019. The newly announced solar sites are: FPL Interstate Solar […] Read more
