Canadian Solar Sells its 20% Stake in Brazil’s Solar Complex Updated On Wed, Dec 26th, 2018 by Saurenergy Canadian Solar had previously sold 80% interest in the portfolio to EDF Renewables at construction-ready stage. Canadian Solar has announced that it has completed the sale of its 20% interest in the 399 MWp Pirapora solar complex in Brazil to Omega Geracao S.A.(Omega), a leading Brazilian renewable energy company dedicated exclusively to operational assets. Canadian […] Read more
Six Companies Win Bids for 550 MW Solar Capacity in UP Updated On Wed, Dec 19th, 2018 by Saurenergy Tata Power, Adani Group, and NTPC are some of the big winners in the auction which was conducted by UPNEDA. Uttar Pradesh government in its massive solar push has selected six energy major for nine projects in the state totalling a capacity of 550 MW. Ranging from a capacity of 25 MW to 100 MW […] Read more
Kudremukh Iron Ore Company Invites Tenders For 5 MW Captive Solar Project Updated On Mon, Dec 10th, 2018 by Saurenergy According to the tender document, one person can only submit one bid whether as an individual or as the representative of a consortium. Karnataka’s iron ore company, Kudremukh Iron Ore Company Limited (KIOCL) owned by the government of India has invited tenders for 5 MW captive solar power project in Mangalore, Karnataka. Issuing out engineering, […] Read more
AI Powered eSourcing Tool Helps EPC Companies to Source, Negotiate Smarter Online Updated On Wed, Dec 5th, 2018 by Saurenergy In 2019, there will be tremendous growth globally, especially in Asia where sun is always available in abundance. Global Solar PV installation is rising year-on-year as individuals and corporate both focused to invest in solar rooftop to large solar farms. It also said that, in 2019 there will be tremendous growth globally, especially in Asia […] Read more
Rise of Renewable Energy to Put Competitive Pressure on Coal Plants: Fitch Updated On Thu, Nov 29th, 2018 by Saurenergy The report further said that the share of renewable energy sector will be further boosted by falling technology cost and increasing availability of cheaper finance. Despite the dominance of coal as a major source of electricity, a steady shift towards renewable energy is slated create competitive pressure on some thermal power plants, especially in developing […] Read more
Solar Developers to Get a One-Time GST Compensation of Rs 2000 crore Updated On Tue, Nov 20th, 2018 by Saurenergy An order by Central Electricity Regulatory Commission (CERC) in October had approved the claims of solar power developers. In a relief to the solar developers, state power distribution companies will have to pay nearly Rs 2000 crore as a one-time compensation towards the impact of Goods and Service Tax (GST) on developers according to Icra. […] Read more
Solar will Become More Competitive than Coal by 2040: IEA Updated On Wed, Nov 14th, 2018 by Saurenergy IEA also said in the report that Renewable energy has surpassed fossil fuels worldwide as the main source of new electricity generation. Power generation using solar energy will be more competitive than that via coal before 2040, International Energy Agency (IEA) has predicted in its World Energy Outlook 2018 report. IEA also said in the […] Read more
Solar Power to Charge Cars, Buses Soon: Bangalore Electricity Supply Company Updated On Mon, Nov 5th, 2018 by Saurenergy Solar panels installed at apartments, offices and malls can generate electricity during the day and reduce the carbon footprint. BENGALURU: Bangalore Electricity Supply Company (BESCOM) is working on a plan to have solar power charge electric vehicles. Speaking to TNIE on the sidelines of the launch of city-wide rooftop solar initiative, BESCOM Managing Director C. […] Read more
Is Loom Solar Really Competing with Amazon?<h6>Advertorial</h6> Updated On Sat, Nov 3rd, 2018 by Saurenergy With solar technology gradually becoming mainstream, there are many companies diversifying into solar, granting customers a large number of choices. Sometimes customers get confused due to a presence of a large number of solar brands/ companies and are unsure of the choices they make. Many good suppliers/ companies also get lost in the crowd, until […] Read more