Aquila Capital Completes Divestment of Second Solar PV Project in Japan Updated On Thu, Apr 13th, 2017 by Saurenergy The 38.4 MWp solar PV plant is Aquila Capital’s second project in Japan and establishes company’s presence in the island nation. Aquila Capital has completed the development of a solar PV project in Japan with an installed capacity of 38.4 MWp and has sold it to a local institutional investor. Aquila Capital additionally will manage […] Read more
Indian Solar Sector Witnessed $1.6 Billion In Funding And M&A Transactions In Q1 2017: Mercom Capital Updated On Thu, Apr 13th, 2017 by Saurenergy Mercom Capital in its report states that ReNew Power was the highest funded company raising VC (venture capital), debt and project funding during the quarter. Renewable Energy Minister Piyush Goyal recently informed Rajya Sabha that India has added 5525 MW solar power generation capacity last fiscal, taking the total from this clean source to 12288 […] Read more
Enel Lands in Australia with Country’s Largest Solar PV Project Updated On Tue, Apr 11th, 2017 by Saurenergy A joint venture between Enel Green Power and Dutch Infrastructure Fund has closed the agreement for the purchase of the first 137.5 MW of the 275 MW Bungala Solar PV project from local developer Reach Solar Energy. Enel, through a joint venture between the Group’s fully-owned renewable energy subsidiary Enel Green Power S.p.A. (“EGP”) and […] Read more
India and ADB Sign $175 Million Loan Agreement to help improve Solar Transmission System Updated On Fri, Apr 7th, 2017 by Saurenergy Asian Development Bank has granted $175 Million Loan Agreement to India for supporting construction of high voltage transmission systems to evacuate power generated from new mega solar parks. The Government of India and the Asian Development Bank (ADB) signed a $175 million loan agreement to support construction of high voltage transmission systems to evacuate power […] Read more
WEG Secures Two Solar EPC Job for 62 MWp Solar Power Projects in Brazil Updated On Wed, Apr 5th, 2017 by Saurenergy WEG has acquired EPC contract for two solar power projects called Coremas I and Coremas II in Brazil. WEG SA announced the signing of EPC (engineering, procurement and construction) supply contracts for the photovoltaic solar power complexes Coremas I and II. The contracts provide for the construction of two solar power plants of 31.12 MWp […] Read more
BJP Government’s Big Solar Push Could Run into Land Hurdle: Here is Why Updated On Tue, Mar 28th, 2017 by Saurenergy India’s record with solar power generation does not offer reasons to be optimistic either. With just a few days left for end of financial year 2016-17, India still has over 70 per cent of its target to achieve, while targets for upcoming years are even higher. The Union cabinet decided last month to double India’s […] Read more
Hanwha Q CELLS-Kalyon Enerji Consortium Awarded the Tender to Construct 1 GW Solar Power Plant in Turkey Updated On Fri, Mar 24th, 2017 by Saurenergy Hanwha Q CELLS-Kalyon Enerji consortium will also establish 500 MW of fully integrated PV manufacturing capacity locally in Turkey, which will be operational within 21 months under the Agreement. Hanwha Q CELLS Co. Ltd. has announced that a consortium consisting of Hanwha Q CELLS and Kalyon Enerji Yatirimlari have been awarded for the tender to construct region’s […] Read more
Scheme for Enhancement of capacity from 20,000 MW to 40,000 MW for Solar Parks and Ultra Mega Solar Power Projects Updated On Thu, Mar 23rd, 2017 by Saurenergy The enhanced capacity would ensure setting up of at least 50 solar parks each with a capacity of 500 MW and above in various parts of the country Early this year in February, the Cabinet Committee on Economic Affairs, chaired by the PM Narendra Modi, approved the enhancement of capacity from 20,000 MW to 40,000 […] Read more
HH Sheikh Mohammed bin Rashid Al Maktoum Inaugurates 200MW Second Phase of the Mohammed bin Rashid Solar Park Updated On Tue, Mar 21st, 2017 by Saurenergy Second phase of the Mohammed bin Rashid Al Maktoum Solar Park can generate clean energy for 50,000 residences in Dubai, and will reduce 214,000 tonnes of carbon emissions annually HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE inaugurated 200 megawatt (MW) second phase of the Mohammed bin Rashid Al […] Read more