India, France ink Renewable Energy Contracts under ISA Umbrella Updated On Fri, Mar 16th, 2018 by Saurenergy In new & renewable energy sector, India’s one of the leading solar manufacturer and EPC player Vikram Solar has signed a collaboration pact with the French Alternative Energies and Atomic Energy Commission (CEA). Under the umbrella of International Solar Alliance (ISA), Indian and French companies have signed various business contracts and agreements in the new […] Read more
Suzlon Commissions 340 MW Solar Projects in Three States Updated On Fri, Mar 16th, 2018 by Saurenergy With the commissioning of 340 MW projects, Suzlon has completed delivery of its entire solar order book. Suzlon, India’s largest renewable energy solution provider has commissioned 340 megawatt (MW) of solar projects across Telangana, Rajasthan and Maharashtra. The projects include 210 MW in Telangana, 60 MW in Rajasthan and 70 MW in Maharashtra, the company […] Read more
Canadian Solar’s Unit Completes Sale of 235 MW Plant to Korean Utility Updated On Tue, Mar 13th, 2018 by Saurenergy Recurrent Energy developed the three projects, all of which reached commercial operation in 2016 and have long-term power purchase agreements. Canadian Solar Inc. has finalized the sale of its interests in three solar photovoltaic projects totaling 235 MWac/309 MWp. The Korea Electric Power Corporation (“KEPCO”), South Korea’s largest electric utility with an installed capacity of […] Read more
Modi Calls for Concessional, Less-risky Financing for Solar Projs Updated On Mon, Mar 12th, 2018 by Saurenergy We have to increase the share of solar in energy mix, says PM Modi. In a move to raise the share of solar power in the energy basket, provide cheaper electricity and cut carbon emissions, the Prime Minister Narendra Modi has called for the concessional financing and less-risky funds for solar projects. While speaking at the founding conference of the International […] Read more
IREDA & European Investment Bank sign Euro 150 million Loan Agreement for Renewable Energy Financing in India Updated On Sat, Mar 10th, 2018 by Saurenergy More than 1 million Indian households to benefit from the new initiative EIB has extended this line of credit without insisting for sovereign guarantee from Government of India European Investment Bank (EIB) and Indian Renewable Energy Development Agency (IREDA) Ltd. have signed a loan agreement for a second line of credit (LoC) of Euro 150 […] Read more
Global Solar Market to Reach Over 106GW in 2018, TrendForce Forecasts Updated On Thu, Mar 1st, 2018 by Saurenergy Global solar demand in 2018 is expected to reach 105.88 GW, up from roughly 100 GW in 2017, driven by two installation rushes in China and e recovery on the European market. This is a forecast by EnergyTrend, the green energy research division of Taiwan’s TrendForce. It said today quarterly installations will remain above the […] Read more
Forecasting to mitigate back-down Updated On Wed, Feb 28th, 2018 by Saurenergy Unlike other renewable energy rich countries where grid management is for the purpose of energy management, the grid management in India actually targets to solve the capacity management problem. The power market structure of India is comparatively complex unlike other countries and with the penetration of massive variable renewable energy like wind and solar, the […] Read more
Ayala Acquires Majority Stake in US Solar Tech Firm Updated On Tue, Feb 27th, 2018 by Saurenergy Merlin is highly complementary to various Ayala businesses, such as the renewable energy generation under AC Energy, says Jaime Augusto. Conglomerate Ayala Corporation has expanded its footprint in the solar energy by acquiring controlling stake in the Silicon Valley-based Merlin Solar Technologies Inc. In a disclosure to the Philippine Stock Exchange, Ayala said, the transaction […] Read more
Smart Grids Overcome Renewable Energy Variability and Uncertainty Updated On Mon, Feb 26th, 2018 by Saurenergy Smart grids—modernized networks that enable bidirectional flows of energy and use two-way communication and control capabilities, and “distributed generation”— will address the variability and uncertainty of RE without utilities having to add to their conventional Renewable Energy (RE, which includes hydro, biomass, and geothermal as well as the more familiar photovoltaic (PV) and wind) faces […] Read more