CLP India, Suzlon form JV for 100MW solar project in Telangana Updated On Tue, Jun 21st, 2016 by Saurenergy CLP India, one of the largest foreign investors in the Indian power sector, and Suzlon Group have formed joint venture for a 100 MW solar project at Veltoor in Telangana. As per the agreement signed between CLP India and Suzlon, CLP India acquired 49% stake in SE Solar, a special purpose vehicle (SPV) set-up by […] Read more
Juwi, KPS partners on solar, battery and diesel hybrid system Updated On Sat, Jun 18th, 2016 by Saurenergy juwi Australia has entered into strategic partnership with KPS, a subsidiary of Pacific Energy Limited on hybrid system. The strategic alliance will focus on remote projects seeking to integrate solar and battery energy with traditional diesel or gas fueled power stations. It will bring together the capabilities, technology and resources of the two. KPS and […] Read more
MNRE invites proposal for availing Green Climate Fund (GCF) support in renewable energy areas Updated On Mon, Jun 13th, 2016 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has invited proposals from State governments, industry, developers, electrical utilities, private and public institutions, international agencies and other stakeholders for availing Green Climate Fund (GCF) support in renewable energy areas. MNRE in a statement said proposals shall have potential to deliver transformative impact on climate change mitigation […] Read more
Tata Power Renewable Energy signs SPA to acquire Welspun Renewables Energy Updated On Mon, Jun 13th, 2016 by Saurenergy Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed a Share Purchase Agreement (SPA) with Welspun Energy (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”). It is estimated to be Rs 9,500 crore ($1.4 billion) deal. This is one of the largest transactions in renewables space in […] Read more
8minutenergy to build 4GW solar photovoltaic project in India Updated On Sat, Jun 11th, 2016 by Saurenergy Independent solar developer in the U.S., 8minutenergy Renewables will setup 4GW solar photovoltaic project in India to help the country meet its aggressive renewable energy goals. A statement from White House said “8minutenergy Renewables will pursue a 4 GW solar photovoltaic project pipeline in India”. 8minutenergy’s commitment was made in tandem with Prime Minister Modi […] Read more
SPI Energy enters into strategic partnership with General Energy Solutions Updated On Thu, Jun 9th, 2016 by Saurenergy SPI Energy has entered into strategic partnership with General Energy Solutions (GES) in Japan. Under the partnership agreement, SPI Energy’s wholly owned Japanese subsidiary, SPI Solar Japan G.K. (“SPI Japan”), will provide local technical support and sales services to GES and deliver more than 15 megawatts (“MW”) of project sales in 2016 and 5MW in […] Read more
Trina Solar’s cumulative shipments of solar modules hits 1 GW milestone in the Indian market Updated On Thu, Jun 9th, 2016 by Saurenergy Trina Solar has announced that its cumulative shipments of solar modules to India have exceeded 1 GW to date with around 20% market share in the region in 2015. The company in a statement said it has successfully built an extensive sales network throughout India, offering innovative solar PV solutions to developers, distributors, engineering, procurement […] Read more
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
Efforts & commitment of stakeholders made RE targets achievable: Piyush Goyal Updated On Wed, Jun 8th, 2016 by Saurenergy Piyush Goyal, Minister of State (IC) for Power, Coal and New & Renewable Energy at first National Workshop on Rooftop Solar Power felicitated the stakeholders. He said efforts & commitment of all stakeholders made Renewable Energy (RE) targets achievable. During the event Goyal gave away 41 awards to the best performing Ministries/Departments, State/UT Governments, State […] Read more
