Scatec Solar closes sale of 104 MW (DC) Utah Red Hills solar power plant to MIC Renewable Energy Updated On Fri, Dec 30th, 2016 by Saurenergy Sale generated gross cash proceeds to Scatec Solar of USD 28 million Scatec Solar has closed the sale of 100% of the sponsor equity in the 104 MW Utah Red Hills solar power plant to MIC Renewable Energy Holdings. The sale generated gross cash proceeds to Scatec of USD 28 million (NOK 245 million). The […] Read more
Rajasthan Government Exempts Electricity Duty for Rooftop Solar Updated On Mon, Dec 26th, 2016 by Saurenergy To further encourage the investments in renewable energy projects, the state government of Rajasthan has exempted electricity duty of 40 paise/unit for rooftop solar and captive units. The decision will help the state to reach closer to 2300 MW rooftop solar capacity by 2022, a target given to it by the Centre. The duty cut […] Read more
Solar Integrated Roofing Corp. Appoints Robert Rinaldi Vice President of Sales Updated On Sat, Dec 24th, 2016 by Saurenergy Solar Integrated Roofing Corp., announced that it has appointed Robert Rinaldi as vice president of sales. Mr. Rinaldi, age 47, brings to Solar Integrated Roofing Corporation a range of experience distinctly suited to the sale of SIRC’s products. Most recently, he spent seven years as Manager of the Berkeley Group on Singer Island, Florida. There, […] Read more
HAL Airport Installs 3.5MW Single-Axis Solar Project Updated On Sat, Dec 24th, 2016 by Saurenergy To harness solar energy, a 3.5MW solar power project has been installed by HAL at its Airport in Bengaluru. The solar power project that spread across 23 acres with 12,985 solar modules was inaugurated by T. Suvarna Raju, CMD, HAL on Friday. “We are pleased to be a part of this environment friendly initiative by […] Read more
Second Batch of the “Suryamitra” Skill Development Programme starting on 2nd January 2017 in Lucknow Updated On Fri, Dec 23rd, 2016 by Saurenergy Second Batch of the “Suryamitra” Skill Development Programme is to starting at the Centre of Excellence in Renewable Energy Education and Research, New Campus, University of Lucknow on January 02, 2017. The programme is sponsored by MNRE in collaboration with the NISE and UPNEDA. During the selection of trainees, special emphasis will be given to […] Read more
With 2017 approaching, India aspires to become the fastest growing solar market in the world Updated On Tue, Dec 20th, 2016 by Saurenergy As the 2017 knocks at the door, it is worth taking a look at the Indian solar sector to analyze key the trends, challenges and outlook. Key highlights include record project volumes – both for capacity addition and issue of new tenders, improving power Distribution Company (DISCOM) financial position as a result of UDAY scheme, […] Read more
Vivint Solar appoints David Bywater as CEO of the company Updated On Tue, Dec 20th, 2016 by Saurenergy Vivint Solar has announced that David Bywater has been appointed as chief executive officer of the company by the board of directors. Bywater has been acting in the role of interim CEO of Vivint Solar since May 2, 2016. Bywater brings with him more than 20 years of management experience to Vivint Solar. “We strongly […] Read more
US-India Clean Energy Finance (USICEF) Initiative launched to expand access to distributed clean energy projects Updated On Sat, Dec 17th, 2016 by Saurenergy Minister of State for Power, Coal & New and Renewable Energy and Mines, Piyush Goyal and US envoy Richard Verma on Friday launched US-India Clean Energy Finance (USICEF) Initiative. The U.S.-India Clean Energy Finance facility (“USICEF”) would support project preparation activities for distributed solar projects in order to unlock OPIC financing and mobilize public and private capital to expand access […] Read more
TRC releases its top 12 predictions for the energy, utility, and oil and gas sectors for 2017 Updated On Tue, Dec 13th, 2016 by Saurenergy TRC Companies has released its top 12 predictions for the energy, utility, and oil and gas sectors for 2017, including robust funding for utility mergers and acquisitions and infrastructure upgrades as well as big shifts in power plant and pipeline construction focus. TRC CEO Chris Vincze said: “Even as oil and gas prices fluctuate and […] Read more
