PFC, REC, IREDA to Lend at Lower Rates; Imported Solar Products May Face BCD from August Updated On Tue, Jun 23rd, 2020 by Saurenergy After putting an end on all the speculations, the government on Tuesday has hinted about its intentions for the imposition of basic customs duty (BCD) in near future instead of its earlier plan for next year. On the matter, Power Minister RK Singh informed industry stakeholders via video conferencing about his Ministry’s proposal to implement […] Read more
NTPC Tenders for Rooftop Solar Plants at Barauni TPP in Bihar Updated On Tue, Jun 23rd, 2020 by Saurenergy NTPC Ltd has issued a tender for the installation of rooftop solar projects at Stage 2 of NTPC Barauni Thermal Power Plant (TPP) in the state of Bihar. NTPC Ltd has issued a tender, inviting bids from eligible bidders for the installation of rooftop solar projects at Stage 2 of NTPC Barauni Thermal Power Plant […] Read more
Cleantech Solar Inks APAC’s Largest Green Deal for Rooftop PV Projects Updated On Tue, Jun 23rd, 2020 by Saurenergy Cleantech Solar has secured a USD 75 million green loan from ING Bank, Singapore Branch, the largest deal in the APAC to date in the C&I renewables sector. Singapore-based Cleantech Solar, one of the largest commercial and industrial (C&I) focused solar PV developers in Asia, has secured a USD 75 million green loan deal from […] Read more
Sunnova Closes Sixth Residential Solar Loan Securitization Updated On Mon, Jun 22nd, 2020 by Saurenergy Sunnova Energy International (Sunnova) on Monday announced the closing of its 2nd solar-loan securitization and 6th residential solar securitization overall. The company is a leading US-based residential solar and energy storage service provider. Commenting on the development, William J. (John) Berger, Chief Executive Officer of Sunnova, said that “once again, the secured financing market has […] Read more
Enphase, ProSolar Upgrades Commercial Solar Plant at Bluebeard’s Castle Resort Updated On Mon, Jun 22nd, 2020 by Saurenergy Enphase Energy, a solar microinverters specialist, on Monday, said that a solar EPC company in the US, ProSolar Systems, has used its 7th-generation microinverters to restore and upgrade the commercial solar plant installed at the historic Bluebeard’s Castle resort in St. Thomas, US Virgin Islands. Initially, this solar plant was commissioned in January 2014 with […] Read more
Keysight Unveils Nex-Gen PV Array Simulators to Maximize Solar Power Conversion Updated On Fri, Jun 19th, 2020 by Saurenergy With an aim to help engineers in maximizing solar power conversion, Keysight Technologies, a leading technology company, has introduced a new family of photovoltaic (PV) array simulators that are first to deliver 2000 V and 20 kW of power in a 3U format. In order to keep solar power at grid parity with competing methods […] Read more
RK Singh Asks Discoms to Submit Monthly Report on Grid Connected Rooftop Solar Program Updated On Fri, Jun 19th, 2020 by Saurenergy The Power and New & Renewable Energy Minister RK Singh directed power distribution companies (Discoms) and State Nodal Agencies (SNAs) to submit the monthly status of implementation of grid-connected rooftop solar program. The move came in the backdrop as the Ministry of New and Renewable Energy (MNRE) is implementing phase-II of grid-connected rooftop solar programme […] Read more
Tata Power Renewable Gets another LoA; to Develop 100 MW Solar Plant in M’rashtra Updated On Fri, Jun 19th, 2020 by Saurenergy Continuing its winning streak, Tata Power Renewable Energy Ltd (TPREL), the renewable arm of utility giant Tata Power, has secured yet another Letter of Award (LoA) within few days for the development of a solar plant. Mumbai-headquartered Tata Power said in a statement on Friday that “it’s wholly-owned subsidiary TPREL has received a Letter of […] Read more
Redavia’s Free Solar Leases Program Becomes Hit in Ghana, Kenya Updated On Thu, Jun 18th, 2020 by Saurenergy Redavia, which offers solar power for businesses and communities especially in East and West Africa, has signed four new contracts under its ‘COVID-19 Resilience Leases’ program in the Ghanaian and Kenyan region. Under the program, the company is offering businesses with 6 months of free solar to withstand the coronavirus crisis. One of the beneficiaries […] Read more