MNRE Drafts New Guidelines on Solar Power Procurement Updated On Wed, Aug 23rd, 2017 by Saurenergy Prepared by the MNRE, the new guidelines cover the grid-connected solar PV power projects with a size of 5 mw and above, and will help in reducing off-takers’ risks, encourage investments, enhance bankability of projects and improve profitability for investors. The government has implemented new rules for buying power from grid-linked solar power projects through […] Read more
Marathon Capital Advises Heelstone Energy on the Sale of a 194MW Solar Portfolio to Sammons Renewable Energy Updated On Tue, Aug 22nd, 2017 by Saurenergy Heelstone Energy will continue to provide asset and operations management services to Sammons Renewable Energy for the entire portfolio. Marathon Capital, LLC has announced the sale of a 194 MW (DC) utility-scale solar portfolio by Heelstone Energy Holdings, LLC (“Heelstone”) to Sammons Renewable Energy (“SRE”). Heelstone, headquartered in Chapel Hill, North Carolina, is a leading […] Read more
Piyush Goyal addresses the 8th World Renewable Energy Technology Congress Updated On Tue, Aug 22nd, 2017 by Saurenergy The annual conference is visualized and planned in the backdrop of India’s vision on achieving “Energy Independence and Power for all by 2022”. It focuses on new Green Technologies to ensure clean, reliable and affordable Renewable Energy supplies. Union Minister of State for Power, Coal, Renewable Energy and Mines, Piyush Goyal, addressed a distinguished gathering […] Read more
Shri Piyush Goyal addresses the 8th World Renewable Energy Technology Congress Updated On Mon, Aug 21st, 2017 by Saurenergy Union Minister of State (IC) for Power, Coal, Renewable Energy and Mines, Shri Piyush Goyal, addressed a distinguished gathering of delegates attending the 3-day 8th World Renewable Energy Technology Congress here today. The Minister also gave away Energy and Environment Foundation Global Excellence awards 2017 during the inaugural session of the conference. The annual conference […] Read more
PESB Asks Renewable Energy Ministry to Choose Proper Course of Action for Selection of SECI MD Updated On Mon, Aug 21st, 2017 by Saurenergy The Public Enterprises Selection Board (PESB) had interviewed three candidates – PTC India Director (Marketing) and Business Development Rajib Kumar Mishra, Konkan Railway Corporation Ltd Director (Finance) Amitabh Banerjee and SECI Director (Finance) C Kannan – for the SECI MD post, PESB said on its website. Government head-hunter PESB has asked the renewable energy ministry […] Read more
Amtech Announces Proposed Public Offering of Common Stock Updated On Sat, Aug 19th, 2017 by Saurenergy Amtech Systems also announced the pricing of an underwritten public offering of 1,055,000 shares of its common stock at a price of $9.50 per share Amtech Systems, a global supplier of production equipment and related supplies for the solar, semiconductor, and LED markets has announched that it intends to offer shares of its common stock […] Read more
D. E. Shaw Renewable Investments Acquires Cuyama Solar Project from First Solar Updated On Fri, Aug 18th, 2017 by Saurenergy The project, which was developed by First Solar, is currently under construction, with completion anticipated by the end of 2017. Power from the project is expected to be supplied to Pacific Gas & Electric (PG&E) under a 25-year power purchase agreement (PPA) starting in January 2019 D. E. Shaw Renewable Investments has acquired 40 Megawatt […] Read more
Waaree announces shipment of 15MW high efficiency mono solar modules for NSCBI Airport, Kolkata Updated On Thu, Aug 17th, 2017 by Saurenergy Waaree Energies has supplied solar panels to various other airports in India and aboard too Waaree Energies, one of the leading solar energy solutions providers has announced that it has supplied 15 MWp 330 watt solar panels for Netaji Subhash Chandra Bose International Airport (NSCBI), Kolkata, West Bengal. The company in a statement said that these […] Read more
Falling panel prices and increased competition have contributed to aggressive bids: Ind-Ra Updated On Thu, Aug 17th, 2017 by Saurenergy “An increase in panel conversion efficiency has contributed to a reduction in land required for panels and a fall in the balance of system cost, resulting in lower bids,” Ind-Ra said. With solar developers bidding aggressively at lower tariffs, they have little financial buffers to face challenges such as cost overrun, increased interest rate and […] Read more