JinkoSolar and Schneider Electric Donate 55 KW Solar Plant in Egypt Updated On Mon, Dec 31st, 2018 by Saurenergy Prior to completion of the project, the only electricity source of the village was three 30 kW diesel generators supplying the village with electricity. JinkoSolar announced its partnership with Schneider Electric to donate a 55 KW off-grid solar project in Abu Redis, South Sinai, Egypt. The remote village called ABU GHURAQD is located about 30 […] Read more
Vestas Secured 1 GW of order in Australia During 2018 Updated On Mon, Dec 31st, 2018 by Saurenergy The 1 GW of orders is Vestas’ highest in one year since installing the country’s first commercial-sized wind farm 25 years ago. Vestas’ orders in Australia in 2018 have passed 1 GW today after the signing of a 184 MW engineering, procurement and construction contract for the Warradarge Wind Farm. The 1 GW of orders […] 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
New Jersey Moves to Phasing Out Solar Subsidies Updated On Fri, Dec 28th, 2018 by Saurenergy At New Jersey’s Board of Public Utilities’ board meeting, the Board adopted a rule beginning the process of phasing out the current program. The state of New Jersey in the USA is planning to reduce the financial burden by reducing the subsidies given for the development of solar power. The Solar Renewable Energy Certificate program […] Read more
BP Sells 430 MW of Wind portfolio in the US Updated On Wed, Dec 26th, 2018 by Saurenergy BP Wind Energy will use the proceeds from the deal to fund technology upgrades elsewhere within its substantial remaining US wind portfolio. BP has sold three wholly owned wind facilities totaling 430 MW to funds managed by affiliates of Ares Management Corporation, with Bank of America Merrill Lynch serving as financial advisor to BP in […] Read more
Sterlite Power Bags $600 Mn Transmission Project in Brazil Updated On Mon, Dec 24th, 2018 by Saurenergy The project will require an investment of USD 0.6 billion over the period of next 3-5 years in the state of Rio Grande do Sul, south region of the country. In the recently concluded auction for the transmission projects in Brazil, Sterlite Power has emerged as the winner for the prestigious project. The project will […] Read more
Rays Power Infra Raises Rs 200 Cr from DMI Finance Updated On Fri, Dec 21st, 2018 by Saurenergy The capital will be predominantly used to strengthen the company’s presence in the country and to develop ground mounted solar power projects. Mumbai-based solar power developer Rays Power Infra announced that it has successfully raised Rs 200 crore in debt and equity financing in the first round from DMI Finance. The capital will be predominantly […] Read more
Shell Acquires 49% Stake in Cleantech Solar Updated On Wed, Dec 19th, 2018 by Saurenergy This investment will be Shell’s second major solar investment this year, giving Shell an immediate path to an established commercial and industrial platform in Southeast Asia. Cleantech Solar, a leading developer of commercial solar energy systems in Southeast Asia and India has announced that Shell has signed an agreement to acquire a 49% stake in […] Read more
Wintery Breath Clouding The Sunny Solar Sky! Updated On Wed, Dec 19th, 2018 by Saurenergy Winter has already approached and the month of December is also knocking our doors. Before we plan for Christmas and New Year holidays, I reckon, this is the perfect time to look back on the past one year journey of our solar industry and do some analysis on it. This New Year not only brews […] Read more
