Renew Power Commits Rs 13k cr Investment on Clean Energy in AP Updated On Mon, Feb 26th, 2018 by Saurenergy The move has come to develop renewable energy capacity in Andhra Pradesh and also helps in generating direct employment for 4,000 people and indirect employment for 6,000 people. Renewable energy company ReNew Power has inked a Memorandum of Understanding (MOU) with the Andhra Pradesh (AP) government during the ongoing 3-day CII Partnership Summit to invest Rs 13,000 crore over the next five years. […] Read more
MNRE Leads from the Front to Push Solar Sector Updated On Sat, Feb 24th, 2018 by Saurenergy The latest move by MNRE should be seen at a time when India had failed to comply with a World Trade Organisation (WTO) ruling on solar power. The government of India, through its MNRE, seems to have woken up by issuing the latest amendments to accelerate the growth of the solar photovoltaic sector. The recent […] Read more
Six Flags Entertainment to Create Largest Solar Carport in North America Updated On Sat, Feb 24th, 2018 by Saurenergy The company has also plans for a nearly 7-megawatt system at Discovery Kingdom in Vallejo. As part of its green initiative, the US-based theme park company, Six Flags Entertainment Corporation is planning to boost solar capacity at two of its California parks, including Magic Mountain. Six Flags in partnership with JLL, a global professional services […] Read more
India will Achieve Installed RE Capacity Target Before 2022: MNRE Secy Updated On Fri, Feb 23rd, 2018 by Saurenergy International Solar Alliance (ISA) will help mobilise sufficient funds for solar energy projects. The Ministry of New and Renewable Energy (MNRE), Secretary, Anand Kumar said that India would achieve its target of installed renewable energy capacity of 175 GW well before 2022 for which bidding process would be completed on time. Anand Kumar while speaking […] Read more
Statkraft Installs 5MW Solar Power Plant in Tamil Nadu Updated On Fri, Feb 23rd, 2018 by Saurenergy Statkraft BLP Solar Solutions earlier commissioned several roof-top and ground-mounted projects, including a 5MW open access solar plant in Tumkur District, Karnataka. Statkraft BLP Solar Solutions (SBSS), a leading renewable energy company in India has commissioned a 5MW ‘in-campus’ solar project at SRF’s manufacturing plant in Gummidipoondi in the state of Tamil Nadu. The solar […] Read more
NexTracker NX Flow Updated On Fri, Feb 23rd, 2018 by Saurenergy Product Brief: NX Flow is a modular, integrated solution designed for long duration solar-plus-storage applications. Each is designed to maximize long-term value and offer the lowest levelized cost of storage (LCOS) for a wide variety of applications, such as peak smoothing, bulk load shifting and demand charge reduction. Product Feature: Self-powered tracker, no grid power […] Read more
First Solar Net Loss Narrows to $432.45 Mn in Q4 Updated On Fri, Feb 23rd, 2018 by Saurenergy Its net sales in Q4 were $339 million, a decrease of $748 million from the previous quarter on the back of lower systems and third-party module sales. Comprehensive PV solar systems provider, First Solar, Inc. has reported that its net loss narrowed to $432.45 million, or $4.14 per share, in the fourth quarter of 2017. […] Read more
Govt Issues Penalty for Violating DCR Norms Under MNRE’s Solar PV Projs Updated On Fri, Feb 23rd, 2018 by Saurenergy The move has come to avoid misuse of policy. The Government of India (GoI), through the Ministry of New and Renewable Energy (MNRE), has issued a memorandum titled – “Penalties for violation of norms of Domestic Content Requirement (DCR) under Solar PV power projects under MNRE’s Schemes / Programmes”. The memorandum was published on the MNRE […] Read more
Solar Panel Case: MNRE Removes DCR Clause From 5 GW Phase-II Batch-IV VGF Scheme Updated On Fri, Feb 23rd, 2018 by Saurenergy The amendment comes in response to the US allegation that India had not complied with the World Trade Organisation’s ruling in the solar panels dispute case. In a significant development, the Ministry of New and Renewable Energy (MNRE) has announced an amendment for the implementation of a scheme for setting-up of more than 5 GW […] Read more
