ReNew Power Raises $475 Million at Cheaper Cost Updated On Tue, Feb 7th, 2017 by Saurenergy The green bonds yielded 6% at the close of subscription and have helped ReNew Power raise $475 Million. ReNew Power Ventures has raised $475 million by selling green bonds to overseas investors as the solar and wind energy producer plans to refinance debt. The bond yielded 6% at the close of subscription on Monday. The […] Read more
Super China to Edify World’s Biggest Solar Power Plant Updated On Tue, Jan 31st, 2017 by Saurenergy The solar power project is estimated to span an area of 27 square kilometers of solar panels and has a total cost of 6 billion yuan. The plantation will produce 850MW of power and enough to supply up to 200,000 households. To the right of the plantation, a billboard will be erected bearing the slogan: […] Read more
China Eyes £292bn Splurge in Renewable Power by 2020 Updated On Tue, Jan 31st, 2017 by Saurenergy China will invest 2.5tn yuan (£292bn) into renewable power generation by 2020, the country’s energy agency has said, committing the next step towards clean energy. The investment are known to create more than 13 million jobs in the sector, the National Energy Administration said in a blueprint document that lays out its plan to develop […] Read more
PSEG Solar Source Acquires Two Solar Projects from BayWa r.e. Updated On Tue, Jan 24th, 2017 by Saurenergy The two solar projects have a 10-year power purchase agreement with Virginia Electric and Power Co. and are located about 90 miles northeast of Raleigh in Halifax, N.C PSEG Solar Source has announced that it has acquired two North Carolina solar projects from BayWa r.e., with a total capacity of 47 MWs-dc. The company has acquired the two solar facilities […] Read more
India as a solar power bright spot helps fill Japan, China slowdown Updated On Fri, Jan 20th, 2017 by Saurenergy India is expected to double up its solar power capacity outpacing once-booming Japan India may be a bright spot for global solar power markets this year as it adds capacity at a record pace, becoming one of the top regions for panel producers struggling with rock-bottom prices. India is expected to add nearly twice as […] Read more
Solar Thermal Federation teams up with IGCC for three year Solar Payback project Updated On Wed, Jan 18th, 2017 by Saurenergy STFI will collaborate with IGCC for use of solar power thermal energy in industrial processes Solar Thermal Federation of India (STFI) and Indo-German Chamber of Commerce (IGCC) will jointly implement three-year support project for use of solar power thermal energy in industrial processes. “The STFI and IGCC have teamed up for the international ‘Solar Payback’ […] Read more
STFI, IGCC to implement three-year support project for solar process heat “Solar Payback” in India Updated On Thu, Jan 12th, 2017 by Saurenergy Solar Payback project aims to increase the use of solar thermal energy in industrial processes The Solar Thermal Federation of India (STFI) and the Indo-German Chamber of Commerce (IGCC) have teamed up for the international ‘Solar Payback’ project. The Solar Payback project aims to increase the use of solar thermal energy in industrial processes. Supported […] Read more
Rooftop solar units from third party costs 40 percent cheaper than DISCOMs Updated On Thu, Dec 22nd, 2016 by Saurenergy Rooftop solar units installed on industrial and corporate establishments by third parties are offering power 30-40% cheaper than the rates offered by the state’s power distribution companies. This gap is expected to widen further as thermal power companies would need to increase tariffs to accommodate inflationary measures and solar modules prices fall further. The model […] Read more
India to invest $1.8 Billion on Lines to Transmit Solar Power Updated On Thu, Dec 22nd, 2016 by Saurenergy India will invest Rs 127 billion on lines to transmit power from solar parks to enable Prime Minister Narendra Modi’s goal of boosting clean energy capacity to 175 gigawatts by 2022. The dedicated transmission lines, part of the so-called green corridor project was announced at an event ‘Empowering the Grid to meet Future Challenges’ organized […] Read more
