US and India announces creation of a $20 million USICEF initiative Updated On Wed, Jun 8th, 2016 by Saurenergy The United States welcomed the launch of the International Solar Alliance (ISA), recognizes the critical role it can play in the development and deployment of solar power, and intends pursuing membership in the ISA. To further strengthen ISA together, US and India will jointly launch the third Initiative of the ISA which will focus on […] Read more
Solaria Introduces PowerXT 330Wp and PowerXT 400Wp Modules Updated On Mon, May 30th, 2016 by Saurenergy Solaria has introduced its PowerXT 330Wp and 400Wp modules optimized for residential and commercial rooftops respectively. Both the modules are targeted at rapidly-growing sector of the clean energy market. The high output modules are built on the company’s proprietary technology – which utilizes an advanced cell interconnect and module production processes. The modules significantly boost […] Read more
World Bank approves $750 Million loan to Support India’s Grid Connected Rooftop Solar Program Updated On Tue, May 17th, 2016 by Saurenergy The World Bank Board has approved a $625 million loan to support the Government of India’s grid connected rooftop solar programme to generate clean energy. World Bank has also approved a co-financing loan of $120 million on concessional terms and a $5 million grant from Climate Investment Fund’s (CIF) Clean Technology Fund. The project will […] Read more
SkyPower enters into an agreement with BYD to submit a joint bid for 750 MW Solar Power in India Updated On Sat, May 14th, 2016 by Saurenergy SkyPower has entered into an agreement with BYD to submit a joint bid in the upcoming tenders for solar power generation capacity and energy storage of up to 750 MW in India. The agreement was signed during the opening ceremony of the China-Canada Economic and Trade Cooperation Conference in the presence of Hu Chunhua, Party […] Read more
Fortum has made an indicative, non-binding offer to acquire Ekokem Updated On Fri, May 13th, 2016 by Saurenergy Fortum has made an indicative, non-binding offer to the four biggest shareholders in Ekokem to acquire their shareholding in the company. The biggest shareholders are Finnish State, Association of Finnish Local and Regional Authorities, Ilmarinen Mutual Pension Insurance Company and Helsinki Region Environmental Services Authority HSY, representing more than 80% of the shares. Fortum does […] Read more
Cabinet chaired by the PM Modi apprised of a GFA on RE Cooperation between India and UAE Updated On Fri, May 13th, 2016 by Saurenergy The Union Cabinet chaired by PM Narendra Modi was apprised of General Framework Agreement (GFA) on Renewable Energy (RE) Cooperation between India and UAE. The General Framework Agreement was signed by the two nations on 11th February in New Delhi this year during the state visit of Crown Prince of UAE. The GFA aims at […] Read more
Martifer Solar signs DA with Canadian Solar for a 63MW PV plant project in Mexico Updated On Mon, May 9th, 2016 by Saurenergy Martifer Solar and its JV MIRE partners have signed a Development Agreement with Canadian Solar for a 63MW solar power project in Aguascalientes, Mexico. The joint venture formed by Martifer Solar Sistemas Solares, S.A., Energía ECG, S.A.P.I de C.V. and Ithaca Environmental Ventures Limited to develop projects in Mexico. MIRE began the development of this […] Read more
GE to provide 220-megawatt (MW) LV5 Series solar inverters for DEWA’s solar project Updated On Wed, May 4th, 2016 by Saurenergy GE has confirmed that it will provide 220-megawatt (MW) LV5 Series solar inverters for Dubai Electricity and Water Authority’s (DEWA) solar project in Mohammed bin Rashid Al Maktoum Solar Park. DEWA’s solar project is considered a breakthrough for the solar industry, as the DEWA power purchase contract with ACWA Power had been signed at one […] Read more
DEWA Receives 5 bids for Mohammed bin Rashid Al Maktoum Solar Park Updated On Mon, May 2nd, 2016 by Saurenergy Dubai Electricity and Water Authority (DEWA) have received 5 bids from international organizations for the third phase of the Mohammed bin Rashid Al Maktoum Solar Park. The lowest recorded bid at the opening of the envelopes was US 2.99 cents per kilowatt hour. The authority said next step in the bidding process will review the […] Read more