Canadian Solar Sells 18 Mw Solar Project in Chile Updated On Mon, Jan 7th, 2019 by Saurenergy The transaction was closed in December 2018 and the Company expects to recognize the majority of the revenue from the sale of the projects. Canadian Solar has announced that it has completed the sale of its 18 MW portfolio of PMGD solar power projects in Chile to Sonnedix. The transaction was closed in December 2018 […] Read more
Sungrow and Solaria Energía Sign Deal for 400 MW Project Updated On Mon, Jan 7th, 2019 by Saurenergy Furthermore, Sungrow’s 1500V central inverter solution is an ideal match for Spain’s typical climate conditions. Sungrow, has supplied their 1500V inverters to Solaria, including a complete local medium voltage solution to a 400 MW solar PV installation. Solaria Energía y Medio Ambiente has already started the construction of the first parks located in Cáceres, Valladolid, […] Read more
Vibrant Gujarat to See RE Deals Worth Rs 50,000 Cr Updated On Mon, Jan 7th, 2019 by Saurenergy Gujarat Power Corp Ltd, owned by the Gujarat government, will be laying the foundation stone for one of the biggest solar power park. The 9th edition of the Vibrant Gujarat Global Summit 2019 (VGGS) which is happening from January 18th to 20th, 2019, is expected to witness investment commitment of a massive Rs 50,000 crore […] Read more
Renewable Source Catered to 52% of Portugal’s Energy Needs in 2018 Updated On Fri, Jan 4th, 2019 by Saurenergy The balance of trade favoured exports for the third year in a row and amounted to around 5% of domestic consumption. In a massive achievement, Portugal met 52% of its power need through renewable sources, a press release by Portuguese power utility Redes Energeticas Nacionais (REN) shows. Renewable production supplied 52% of domestic consumption, plus […] Read more
Reliance Industries to Buy 88% Shares in Kanoda Energy Systems Updated On Thu, Jan 3rd, 2019 by Saurenergy In a BSE filing, RIL mentioned that it will pay Rs 75 crore for the ownership and the deal will be fully complete by March 2020. Indian industrial giant Reliance Industries Limited (RIL) has entered into an agreement to purchase 88% equity shares of Kanoda Energy Systems Private Limited (KESL). In a BSE filing, RIL […] Read more
Construction of Dubai’s Largest Solar Park Goes into Fourth Phase Updated On Mon, Dec 31st, 2018 by Saurenergy The fourth phase of the Park is the largest single-site investment project in Concentrated Solar Power (CSP) in the world based on the IPP mode. The Dubai Electricity and Water Authority has said that construction work on the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park has advanced further with the completion […] Read more
Growatt Dedicated to Development of Indian Solar Power: Rucas Wang Updated On Mon, Dec 31st, 2018 by Saurenergy According to statistics and reports, India is projected to be third largest solar market in the world after China and the US by the end of this year. India stands at a sweet spot to become solar energy major and Growatt is dedicated to the development of Indian solar market for over seven years, Rucas […] Read more
KERC Sets New Generic Tariff for Solar Rooftop Projects Updated On Thu, Dec 27th, 2018 by Saurenergy The generic tariff without capital subsidy is set at Rs 4.15 and Rs 3.08 with capital subsidy and will be applicable on PPAs signed after December 19, 2018. The Karnataka Electricity Regulatory Commission in its latest order has set the generic tariff for grid connected solar rooftop units which are installed by domestic users in […] Read more
Kerala Issues Tender for 200 MW Solar Project Updated On Wed, Dec 26th, 2018 by Saurenergy The project is to be developed on Independent Power Producer (IPP) mode and the deadline for submission of the bid is February 1,2019. The Kerala State Electricity Board (KSEB) has recently issued a tender for the development of 200 MW of grid-connected solar photovoltaic (PV) projects in Kerala. The project is to be developed on […] Read more