MNRE sets new capacity addition target of 16,660 MW for green energy Updated On Mon, Jun 6th, 2016 by Saurenergy The Ministry of New and Renewable Energy has set the uppermost capacity addition target of 16,660 MW for the clean power sector this fiscal. The target is close to four times the capacity target that the government set in the previous year. MNRE expects solar segment to achieve its highest-ever annual capacity in the current […] Read more
India to double its investment in next 5 years on clean energy research Updated On Fri, Jun 3rd, 2016 by Saurenergy Union Minister for Science & Technology and Earth Sciences, Dr. Harsh Vardhan at the 7th Clean Energy Ministerial (CEM7) and the Inaugural Mission Innovation Meet at San Francisco, stated that the Mission Innovation (MI) is the noblest mission which will help humanity in the future. It is an effort to accelerate public and private global […] Read more
India and US signs MoU to enhance cooperation on energy security, clean energy & climate change Updated On Fri, Jun 3rd, 2016 by Saurenergy Indian government and US signed Memorandum of Understanding ( MoU) on 2nd June, 2016, to enhance cooperation on energy security, clean energy and climate change through increased bilateral engagement and joint initiatives for promoting sustainable growth. These activities are intended to increase incentives for innovation including research and development, and voluntary and mutually-agreed technology transfer, […] Read more
Phoenix Solar to build 10.2 MWp. photovoltaic power plant in Turkey Updated On Tue, May 31st, 2016 by Saurenergy Phoenix Solar AG, and its partner for the Turkish market, Asunim Yenilenebilir Enerji have been jointly awarded an order to build a photovoltaic power plant with a total capacity of 10.2 MWp in Elazığ in Eastern Turkey by Akfen Renewable Energies. The project will be implemented in partnership with the European Development Bank (EBRD) for […] Read more
Solaria Introduces PowerXT 330Wp and PowerXT 400Wp Modules Updated On Mon, May 30th, 2016 by Saurenergy Solaria has introduced its PowerXT 330Wp and 400Wp modules optimized for residential and commercial rooftops respectively. Both the modules are targeted at rapidly-growing sector of the clean energy market. The high output modules are built on the company’s proprietary technology – which utilizes an advanced cell interconnect and module production processes. The modules significantly boost […] Read more
MNRE to introduce a policy for solar zones in June Updated On Mon, May 30th, 2016 by Saurenergy Ministry of New and Renewable Energy is gearing up to introduce a policy on solar Zone in June this year. The Solar Zone would be spread over one or more districts of a state. Joint secretary of MNRE , Tarun Kapoor speaking to PTI said “We have been working on a new policy for solar […] Read more
Total, SunPower bags 164MW solar power plant project in Chile Updated On Fri, May 27th, 2016 by Saurenergy In less than a week Total and SunPower has bagged second large PV contract in Chile. Colbún S.A. has awarded a 15-year power purchase agreement to Total and SunPower for 500 gigawatt hours (GWh) of photovoltaic solar energy per year, with the construction of a 164MW solar power plant. “This contract is a further step […] Read more
Canadian Solar closes a USD 52 million project financing facility with BayernLB Updated On Tue, May 24th, 2016 by Saurenergy Canadian Solar announces that it has closed a £36.4 million (US$52 million) project financing facility with BayernLB to refinance a portfolio of four solar power plants, totaling 40.2 megawatts in the UK. This financing facility with BayernLB is non-recourse project finance, with a term of 17 years. “We are delighted to complete this project financing […] Read more
Vivint Solar closes a tax equity investment fund with new investor Updated On Tue, May 24th, 2016 by Saurenergy Vivint Solar closed a tax equity investment fund with a new investor, with an aggregate funding commitment of $75 million, which will enable the company to install more than 45 megawatts of residential solar energy systems. This is company’s first investment fund with this tax equity investor. The investment will enable Vivint Solar to design, […] Read more
