Over Rs 150 Crore Rooftop Solar Power Scam Surfaces in JAKEDA Updated On Mon, May 20th, 2019 by Saurenergy A multi-crore scam has surfaced in Jammu and Kashmir Energy Development Agency (JAKEDA). Solar Projects worth Rs 155 crore for supply, installation and commissioning of roof top solar power plants were allotted to 10 firms without any tenders while the 14 other firms which qualified in the tendering process got just Rs 42.35 crore contract, […] Read more
Vattenfall & GE to Cooperate on Deployment of Largest Offshore Turbine in Europe Updated On Mon, May 20th, 2019 by Saurenergy Vattenfall and GE Renewable Energy plan to join forces in the deployment of GE’s new wind turbine, the Haliade-X in Europe. With a capacity of 12MW, it is the largest offshore wind turbine on the market to date. Development and production of the new 12MW turbine. It features a 220-meter rotor, a 107-meter blade (the […] Read more
Amplus Solar to Invest Rs 750 Cr on 150MW Govt Projects in Haryana Updated On Mon, May 20th, 2019 by Saurenergy “These projects also provide steady flow of income to the local populations during construction and operation of the plant. We essentially are creating a clean technology based ecosystem to support the local population for a better livelihood for current as well as future generation,” Aggarwal added. As part of its Rs 1,000 crore investment plan, Gurgaon-based […] Read more
Canadian Solar Arm Sells 134 MW Solar Plant to Goldman Sachs Updated On Sat, May 18th, 2019 by Saurenergy This transaction completes Recurrent Energy’s sale of equity stakes in the 973 MW portfolio of California solar projects that came online in 2016. Canadian Solar one of the world’s largest solar power companies, today announced its wholly owned subsidiary Recurrent Energy has sold its equity stake in the 134 MW Mustang solar project to the Renewable Power Group […] Read more
APICORP Signs $75 Mn Financing Facility with Saudi Renewable Firm Alfanar Updated On Wed, May 15th, 2019 by Saurenergy The 5-year financing facility has been initially designed to support the Saudi-based renewable energy developer’s renewables energy projects, most notably the wind project it is currently developing in Spain. The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has signed a strategic five year Murabaha financing facility worth USD 75 million with Alfanar […] Read more
ReneSola to Supply 5.4MW Modules for Rooftop Solar Projects in Belgium Updated On Tue, May 14th, 2019 by Saurenergy These modules will be deployed by the French company on rooftop solar projects in Belgium. Shanghai-headquartered global manufacturer & supplier of green energy products, ReneSola has inked a pact to supply 5.4 MW of 310W mono PERC modules to Helexia in Belgium. These modules will be deployed by the French company on rooftop solar projects in Belgium. […] Read more
India to Exceed Climate Compliance Commitments Under Paris Agreement Updated On Thu, May 9th, 2019 by Saurenergy A new report has predicted that India will exceed the compliance commitment it made to address climate change through green energy installations under the landmark Paris agreement. Moody’s Investor Service, a global credit rating agency recently released its latest report, “Power Asia – Climate goals, declining costs of renewables signal decreasing reliance on coal power”. The report revealed […] Read more
Bridgestone India Begins Solar Power Generation on Both Plants Updated On Mon, May 6th, 2019 by Saurenergy Bridgestone India’s two plants in India have opted for using solar power. The tire manufacturers Pune Plant in Chakan, in the state of Maharashtra in Western India, has currently installed 1 MW of Solar capacity and is in the process of setting up of another 4 MW of capacity which will commence operations by September […] Read more
Home-Tech Startup Zunroof Secures $1.2 Mn Funding From Godrej Updated On Wed, May 1st, 2019 by Saurenergy Gurgaon-based smart energy solutions provider, ZunRoof has raised a fresh round of pre-Series A funding of $1.2 million from Godrej. The company plans to utilise this round of capital for expansion and further strengthen its product portfolio. According to a statement issued by the company, the funding comes at an integral time for it, as […] Read more
