Rays Power Infra Raises Rs 200 Cr from DMI Finance Updated On Fri, Dec 21st, 2018 by Saurenergy The capital will be predominantly used to strengthen the company’s presence in the country and to develop ground mounted solar power projects. Mumbai-based solar power developer Rays Power Infra announced that it has successfully raised Rs 200 crore in debt and equity financing in the first round from DMI Finance. The capital will be predominantly […] Read more
C.R.I. Pumps Wins National Energy Conservation Award Updated On Fri, Dec 21st, 2018 by Saurenergy C.R.I. is the highest contributor in the country for the projects of Energy Efficiency Services Limited to replace the old inefficient pumps. For the fourth time in a row, C.R.I. Pumps has won the National Energy Conservation Award 2018 in the pumps category for manufacturing energy efficient pumps. C.R.I. offers the widest range of BEE […] Read more
CERC Maintains GST Constitutes Change in Law Updated On Thu, Dec 20th, 2018 by Saurenergy The matter was of additional tax burden on which was put on transmission licensees because of the introduction of GST compensation cess. Central Electricity Regulatory Commission recently issued an order on a suo-moto proceeding regarding GST. The order says that the introduction of GST will constitute a change in law kind of event for the […] Read more
SBI Invites EoI for 3 to 5 MW Solar Project in Telangana Updated On Thu, Dec 20th, 2018 by Saurenergy The eligibility criterion mandates that the bides should have commissioned at least 10 MW of ground mounted solar projects. Embarking on an ambitious target of achieving 100% carbon neutrality by 2030, the State Bank of India (SBI) has issued an expression of interest to to procure solar energy in the capacity of 3-5 MW (offsite) […] 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
Wintery Breath Clouding The Sunny Solar Sky! Updated On Wed, Dec 19th, 2018 by Saurenergy Winter has already approached and the month of December is also knocking our doors. Before we plan for Christmas and New Year holidays, I reckon, this is the perfect time to look back on the past one year journey of our solar industry and do some analysis on it. This New Year not only brews […] Read more
Tender Issued for Procuring Solar Lighting System and Solar Water Heater Updated On Tue, Dec 18th, 2018 by Saurenergy The notice inviting tender also specifies that the bidder should produce forest contract registration certificate for the year 2018-19 registered in Yellapur. Karnataka Forest department has issued a tender for the procurement of Solar lighting system & Solar water heater. Not mentioning many details, the tender notice says that the bidder must have provided at […] Read more
DNV GL Launches On-Site PV Modules Testing Lab in India Updated On Sat, Dec 15th, 2018 by Saurenergy It will also provide cost effective post-delivery-pre-installation and post-installation quality assurance of Photovoltaics (PV) modules. DNV GL, the world’s largest independent energy advisory and certification body, has launched its first On-site Solar Lab, for on-site testing of PV modules in India. The new service will allow asset owners to save time, reduce cost and minimize […] Read more
Canadian Solar Secures Funding of $69 Mn for Solar Project in Mexico Updated On Sat, Dec 15th, 2018 by Saurenergy The Aguascalientes project was awarded a Power Purchase Agreement (PPA) during the 2016 inaugural Mexico energy auction. Canadian Solar, one of the world’s largest solar power companies, has announced that it has secured funding of US$69.0 million non-recourse project financing for the 67.8 MWp Aguascalientes solar power project in Mexico. The funding is provided by […] Read more