Madhya Pradesh Government to provide state guarantee for 750MW park Updated On Wed, Aug 17th, 2016 by Saurenergy The Indian state of Madhya Pradesh is planning to extend its guarantee to developers bidding for 750 MW in the Rewa Ultra Mega Solar Park, so that payments will be met by the government in the case of any default from the off-takers. The project will be one of the biggest in the state, and […] Read more
West Bengal working on a new solar policy to meet its target of 4500MW Updated On Sat, Aug 13th, 2016 by Saurenergy The West Bengal government is working on a plan to introduce a new solar policy to meet the Centre’s revised target of generating 4500 MW solar energy by 2022 in the state. Shobandeb Chatterjee, State Power Minister at an interactive session with the Bharat Chamber of Commerce stated that “We will bring a new solar […] Read more
Greenbacker buys majority of 12.1 MW rooftop solar portfolio from OneRoof Energy Updated On Thu, Aug 11th, 2016 by Saurenergy On the heels of a recent $25 million wind power investment, Greenbacker Renewable Energy Company acquired a controlling interest in a 12.1 MW portfolio of 1611 solar systems from a subsidiary of OneRoof Energy Inc., approximately for $19.75 million. The 12.1 MW systems are located on residential rooftops across seven U.S. states, including New Jersey, […] Read more
Central Government should renew its focus on the DBFOT framework: Simarpreet Singh, Head – Strategy, Hartek Power Updated On Wed, Aug 10th, 2016 by Saurenergy Hartek Power Pvt Ltd is one of India’s fastest growing Engineering, Procurement and Construction (EPC) companies with expertise in executing high-voltage substation turnkey, rooftop solar projects and manufacturing a complete range of power distribution equipment/solutions to the needs of the industry and utilities. The company has four strategic business units—Power Systems, Rooftop Solar, Power Distribution […] Read more
PSE&G files to develop more 100MW solar PV in New Jersey Updated On Sat, Aug 6th, 2016 by Saurenergy Public Service Electric and Gas Company (PSE&G) have planned to extend its Solar 4 All Program by building 100-MW of solar PV on landfill sites in New Jersey. The PSE&G has submitted a proposal to the New Jersey Board of Public Utilities to develop the PV plants on around 10 landfill and brownfield sites over […] Read more
Darwin International Airport completes its first phase of 5.5MW solar farm Updated On Fri, Aug 5th, 2016 by Saurenergy Darwin International Airport has completed first phase of 5.5MW solar farm, switching on 4MW installation that will ultimately supply 25 percent of airport’s power needs. It is believed to be the world’s largest airport solar system. The Darwin Airport solar plant array, which is a $13 million project, will be adding another 1.5MW in phase […] Read more
DESRI acquires First Solar’s 11 MW California PV project Updated On Thu, Aug 4th, 2016 by Saurenergy The Rancho Seco Solar Project, located on the site of a decommissioned nuclear power plant, marks the latest deal between D. E. Shaw Renewable Investments and First Solar. D.E. Shaw Renewable Investments (DESRI) has taken possession of First Solar’s 11 MW Rancho Seco Solar Project in Sacramento County, California, for an undisclosed amount. The First […] Read more
Sungrow Raises US$ 400 Million to Strengthen Core Solar Business Updated On Wed, Aug 3rd, 2016 by Saurenergy Chinese PV inverter manufacturer Sungrow has announced that it issued 120 million additional shares—raising US$400 million of additional capital to strengthen it solar core business. With this new stock offering, the company is expected to reinforce its financial strength, reduce financial risk, and optimize its financial structure. The US$400 million raised in equity capital will […] Read more
There is no plan or attempt on EDF’s or EREN’s part to get out of the Indian market or anything like that: Samir Sharan, CEO – ACME Cleantech Solutions Pvt. Ltd. Updated On Tue, Aug 2nd, 2016 by Saurenergy The ACME Group is one of the top player in the field of clean energy with operations in solar power generation, lithium-ion based energy storage solutions and energy management of telecom towers in India. It pins itself as a pioneer in the development of green technology solutions that are environment friendly, energy efficient, frugal and […] Read more
