ACME to sell 275MW of its operational solar assets to IDFC Alternatives: Report Updated On Thu, Jun 16th, 2016 by Saurenergy IDFC Alternatives is reportedly gearing up to buy 275 megawatts (MW) of operational solar assets from ACME Solar. Livemint citing sources reports that the deal between the two companies will likely close in stages as “IDFC will need separate approvals from the lenders of the various assets and other approvals as per the power purchase […] Read more
Con Edison, SunPower partners on 4MWh solar + battery storage project in New York Updated On Thu, Jun 16th, 2016 by Saurenergy Con Edison and SunPower has partnered on a pilot project to offer solar power systems with battery storage to more than 300 New York homeowners. Hundreds of homes with solar power and battery storage will provide the utility with a cost-effective and innovative “virtual power plant,” and homeowners with a backup system in case of […] Read more
US and India announces creation of a $20 million USICEF initiative Updated On Wed, Jun 8th, 2016 by Saurenergy The United States welcomed the launch of the International Solar Alliance (ISA), recognizes the critical role it can play in the development and deployment of solar power, and intends pursuing membership in the ISA. To further strengthen ISA together, US and India will jointly launch the third Initiative of the ISA which will focus on […] Read more
SunPower to start construction on 10MW photovoltaic solar power plant at US Army post Updated On Sat, Jun 4th, 2016 by Saurenergy SunPower has announced that it expects to begin construction on a 10-megawatt (DC) photovoltaic solar power plant this month for the Redstone Arsenal U.S. Army post in Alabama.The project is that is expected to generate up to 18,000 megawatt hours per year. SunPower is delivering the energy from the plant under a power purchase agreement, […] Read more
Georgia Power’s 30-MW solar facility at Fort Benning starts operation Updated On Thu, Jun 2nd, 2016 by Saurenergy Georgia Power, the Army Office of Energy Initiatives (OEI), General Services Administration and the Georgia Public Service Commission (PSC) marked the start of operations of a new 30 megawatt (MW) solar project at Fort Benning, near Columbus, Georgia. The facility is the first of five on-base military solar projects currently being developed by Georgia Power […] Read more
IREDA reports 5.56% decline in net profit Updated On Mon, May 23rd, 2016 by Saurenergy Indian Renewable Energy Development Agency (IREDA) has reported a 5.56 per cent decline in net profit at Rs 151.49 crore during the six months period that ended on March 31. IREDA in a BSE filing said that the company had a net profit of Rs 160.42 crore in the same period a year ago. The […] Read more
sPower signs a deal with PG&E for three 20 MW solar projects Updated On Fri, May 20th, 2016 by Saurenergy sPower has signed a power purchase agreements (PPAs) with Pacific Gas and Electric (PG&E) for its forthcoming Californian solar projects. The independent power producer, sPower will construct and commission three PV facilities (20 MW each) dubbed Bayshore A, B, and C over the course of 2017 in Lancaster, California. These three solar power plants will […] Read more
Delta introduces M80U Photovoltaic (PV) inverter Updated On Wed, May 18th, 2016 by Saurenergy Delta has introduced M80U Photovoltaic (PV) inverter. The company is touting it as the world’s first wall mount 80kW string inverter. The M80U is a grid-tied, 3-phase and transformerless inverter that converts direct current (DC) output from a photovoltaic system into a utility frequency alternating current (AC) with efficiency of 98.8 percent, allowing it to […] Read more
World Bank approves $750 Million loan to Support India’s Grid Connected Rooftop Solar Program Updated On Tue, May 17th, 2016 by Saurenergy The World Bank Board has approved a $625 million loan to support the Government of India’s grid connected rooftop solar programme to generate clean energy. World Bank has also approved a co-financing loan of $120 million on concessional terms and a $5 million grant from Climate Investment Fund’s (CIF) Clean Technology Fund. The project will […] Read more
