EDF Renewables, PGGM Ink Pact on Solar, Wind Projects in US Updated On Fri, Jun 22nd, 2018 by Saurenergy As per the deal, PGGM Infrastructure Fund will acquire 50 percent ownership interest in all the four projects and the total capacity of the portfolio of projects is 588 MW. Independent Power Producer (IPP) EDF Renewables has inked the Purchase and Sale Agreements (PSA) with PGGM Infrastructure Fund for its Red Pine Wind, Rock Falls Wind, Switch […] Read more
Ludhiana Railway Station Plans Solarification to Save on Bills Updated On Tue, Jun 19th, 2018 by Saurenergy The project will be implemented by the Azure Power Company, an independent power producer, which has already signed a contract with the railway ministry. In order to shift from conventional source of energy to more clean energy and save crores of rupees annually, the authorities at Ludhiana railway station have decided to install solar power […] Read more
Lower Incentives for Chinese Solar Developers to Benefit India, says ICRA Updated On Thu, Jun 7th, 2018 by Saurenergy Revision in feed-in tariff rates and imposition of installation caps for solar power projects by the Chinese government is expected to negatively affect the demand for solar modules in China. Credit rating agency ICRA said that the reduction in subsidies for solar energy projects in China will benefit Indian solar independent power producers (IPPs) with softer module prices. The agency said in a statement […] Read more
Enphase, Waaree Announce 4.5 MW Solar Installation in India Updated On Wed, May 30th, 2018 by Saurenergy This PV project will be the largest Enphase microinverter-based solar installation globally. California-headquartered Enphase Energy and India-based solar panel maker Waaree Energies has announced 4.5 MW PV project installation using Waaree Enphase AC modules in Hosapet, India. This PV project will be the largest Enphase microinverter-based solar installation globally. Further, the system’s owner, an independent […] Read more
ACME Secures 250 MW Solar PV Project under MSEDCL’s 1,000 MW Bid Updated On Tue, May 22nd, 2018 by Saurenergy The selection process concluded at a very competitive tariff wherein ACME was allotted largest capacity i.e. 250 MW at a tariff of Rs 2.72/kWh. Country’s one of the leading utility-scale solar power developer ACME has won the 250 MW solar Photo Voltaic (PV) capacity in the reverse auction invited by Maharashtra State Electricity Distribution Co […] Read more
AfDB Okays $1.5 Mn Grant for Nigeria’s On-Grid IPP Solar Procurement Program Updated On Fri, May 11th, 2018 by Saurenergy This program will assist the Nigerian government to achieve its national goal of reaching 75 percent electricity access by 2020 and electrifying unserved and underserved areas. The African Development Bank (AfDB) board has approved the USD 1.5 million grant to support the Nigerian Government’s implementation of phase 1 of the Jigawa 1-GW Independent Power Producer (IPP) solar […] Read more
Viz-A-Viz with Sunil Rathi, Director | Waaree Energies Updated On Tue, Apr 10th, 2018 by Saurenergy Waaree is coming up with a manufacturing facility of 1.2 GW by March 2018 Waaree Energies Ltd, an integrated solar power solutions company, is committed to make solar energy affordable and accessible to all. The company plays a major role in manufacturing and supplies solar photovoltaic modules and provides engineering, procurement and construction solutions for […] Read more
SA Signs Renewable Energy Deals with IPP Updated On Thu, Apr 5th, 2018 by Saurenergy The signing of PPAs for the 27 mostly solar and wind projects were held up for more than two years under ousted President Jacob Zuma, who favoured a plan to build additional nuclear power plants. In the first major investment contract under President Cyril Ramaphosa, South Africa has signed the long-delayed renewable energy contracts worth […] Read more
Navisun LLC Acquires OSG Solar I LLC in Orange, Massachusetts Updated On Tue, Mar 20th, 2018 by Saurenergy Navisun received financing from Ares Capital Corporation which will be used to develop, construct, acquire, own, and operate solar projects in the United States. Navisun, a solar independent power producer has announced its acquisition of OSG Solar I LLC, a 2.746-megawatt (DC) solar project located in Orange, Massachusetts that commenced operations in mid-2012. “We are […] Read more