SunEdison files voluntary petitions for reorganization under chapter 11 of the U.S Bankruptcy Code Updated On Fri, Apr 22nd, 2016 by Saurenergy SunEdison has announced that it has commenced a process to restructure its balance sheet and position the Company for the future. To facilitate this restructuring, SunEdison and certain of its domestic and international subsidiaries have filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code in the Bankruptcy Court for the Southern District of New […] Read more
Fortum bags 100 MW solar power park project in a reverse auction in Karnataka Updated On Wed, Apr 13th, 2016 by Saurenergy Finnish utility firm Fortum has announced that it won bid for 100 MW solar power park in the reverse auction. The reverse auction was conducted by NTPC on 12th April 2016 for the selection of 500 megawatt (MW) grid connected solar PV projects under Batch II Tranche I of JNNSM phase II. The solar power […] Read more
Fortum announces to invest EUR 200–400 million in solar projects in India Updated On Tue, Apr 12th, 2016 by Saurenergy Finnish utility firm Fortum on Tuesday announced to invest euros 200-400 million (Approx. Rs 15100-30200 crore) in solar power projects in India. Fortum in a statement said “the country offers one of the best solar resources and a sound government support for the development of the solar sector. The country provides a good platform for […] Read more
USAID, ADB signs MoU to develop solar parks across India Updated On Tue, Mar 29th, 2016 by Saurenergy The US Agency for International Development (USAID) and Asian Development Bank has signed Memorandum of Understanding (MoU) on Monday for providing Rs 5,681 crore ($848 million) in funding to develop solar parks across India. Under the MoU USAID will align the technical resources of two of its programs to support ADB’s investments in the development […] Read more
Mahagenco to step up solar power generation on top of water bodies Updated On Mon, Mar 21st, 2016 by Saurenergy Maharashtra State Power Generation Company Limited (Mahagenco) has revealed plans to step up solar power generation atop water bodies with water resources department and local self-governing bodies reports TOI. The company officials are working closely with government agencies owning the water bodies on revenue-sharing model. Mahagenco replicating the Gujarat model will cover canals and water […] Read more
India’s Solar Initiative seems already Sunny Updated On Tue, Mar 8th, 2016 by Saurenergy India is a home for around 300 million people living with sporadic electricity and also a country which receives the most amount of sunlight in a year. Hence it is said that the solar energy available in the country surpasses the possible energy output of all fossil fuels energy reserves. Solar is the only viable […] Read more
Solar City to Generate Solar Power with Tesla’s Electric Car Batteries at Night Updated On Sat, Feb 20th, 2016 by Saurenergy There are some glitches into saying solar power energy availability for 24×7, through which the most evitable skeptic comes for solar generation is night. Keeping history on one side, SolarCity has announced that there liable to address the problem by partnering with Tesla’s 52 MWh Powerpack lithium-ion battery storage system for its massive solar power […] Read more
World’s Largest Solar Power Plant Operational in Morocco Updated On Thu, Feb 11th, 2016 by Saurenergy Reducing emissions by 76,000 tons a year and catering 1.1 million people with energy, the world’s largest solar power plant facility now flaunts in Morocco. Funded by the World Bank and other associates, the $9 billion Noor Concentrated Solar Power (CSP) plant is located in Souss-Massa-Drâa area in Morocco, about 6 miles from Ouarzazate town. […] Read more
Dreams of Solar Power Park in Himachal Pradesh Updated On Thu, Feb 4th, 2016 by Saurenergy State Govt. of Himachal Pradesh plan to establish a 1,000-MW solar park in the Spiti Valley is facing perennial hassles. Given the intense terrain of Spiti, the state government is looking for assistance from all corners for transmitting power produced at the solar park. The project has sought for the support of Power Grid Corp. […] Read more
