Ikea Parent Firm Acquires Stake in 403 MW US Solar Projects Updated On Mon, Apr 13th, 2020 by Saurenergy The Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar PV projects in the US worth a combined 403 MW generation capacity. Ingka Investments, the investment arm of Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar photovoltaic (PV) […] Read more
L&T Bags Orders worth Rs 5,000 – Rs 7,000 Cr for Power Transmission, Solar Biz Updated On Sat, Apr 11th, 2020 by Saurenergy Multinational conglomerate Larsen & Tourbo’s Construction arm, L&T Construction, said that it has won major contracts worth Rs 5,000 to Rs 7,000 crore for its businesses including power transmission & distribution (PT&D) and solar in India as well as overseas. The company has got a prestigious order in Kuwait to upgrade substations and related power […] Read more
Govt Extends CEL Bid Deadline to 1 Month amid Covid-19 Updated On Sat, Apr 11th, 2020 by Saurenergy On the back of ongoing situation due to the Covid-19 outbreak in the country, the Government of India (GoI) has extended the deadline for submitting bids for its solar products manufacturing unit Central Electronics Ltd (CEL) by a month. Earlier in the month of February, the Department of Investment and Public Asset Management (DIPAM) issued […] Read more
MNRE Extends ALMM Deadline to 6 Months amid Disruptions from COVID-19 Updated On Wed, Apr 8th, 2020 by Saurenergy In a series of providing relief to the renewable energy firms which are facing a new range of challenges presented by coronavirus pandemic, the Ministry of New and Renewable Energy (MNRE) has extended the deadlines for the approved list of models and manufacturers (ALMM) i.e. both List-I for solar photovoltaic (PV) modules and List-II for […] Read more
Can SolarEdge’s Virtual Solar Show be the New Industry Trend Setter? Updated On Wed, Apr 8th, 2020 by Saurenergy Amid a slowdown in business and economic activities across the globe mainly due to spread of coronavirus pandemic, Israel-based specialist in smart energy technology, SolarEdge Technologies (SolarEdge), has found a new way of interacting with its customers and various industry stakeholders. Thus, Nasdaq-listed SolarEdge is planning for an interactive virtual solar show which will be […] Read more
Tata Power’s Renewable Arm Wins 300 MW Solar Project from NTPC Updated On Tue, Apr 7th, 2020 by Saurenergy Tata Power Solar, the renewable arm of utility giant Tata Power, has received a Letter of Award (LoA) from NTPC to develop 300 MW grid-connected solar project under CPSU Scheme Phase-II. Bangalore-headquartered Tata Power Solar has won this solar photovoltaic (PV) project under the reverse bidding auction held in February at an all-inclusive price of Rs 1,730.16 […] Read more
Sharp Increase in Renewable Investments Post COVID-19: Iberdrola CEO Updated On Tue, Apr 7th, 2020 by Saurenergy Iberdrola CEO Ignacio Galán has announced that the firm will speed up its renewable investments as soon as it is deemed safe to do so. Iberdrola CEO Ignacio Galán, while addressing the firms’ 600,000 shareholders in the recently held fully remote Annual General Meeting, has announced that in view of the current situation with the […] Read more
Midsummer Gets Production Line Order from Rusnano Group to Tap Russian Solar Market Updated On Mon, Apr 6th, 2020 by Saurenergy Swedish solar energy technology solutions provider Midsummer has secured solar cell production line order from Rusnano Group, the Russian government-owned technology giant. This is the first order, which the company has bagged under the framework agreement it signed with Rusnano Group in September last year. Rusnano Group has aimed to develop the non-silicon flexible photovoltaics (PV) market […] Read more
Majuperak Enters JVA for Solar Energy Project in Malaysia Updated On Mon, Apr 6th, 2020 by Saurenergy Malaysian investment holding company Majuperak Holdings Berhad (MHB) has entered into a joint venture agreement (JVA) with United Solar Energy to jointly venture into the solar photovoltaic (PV) generating system project using net energy metering scheme in the state of Perak in Malaysia. The company’s wholly-owned subsidiary Majuperak Power Resources has entered into an agreement through via […] Read more
