India to invest $1.8 Billion on Lines to Transmit Solar Power Updated On Thu, Dec 22nd, 2016 by Saurenergy India will invest Rs 127 billion on lines to transmit power from solar parks to enable Prime Minister Narendra Modi’s goal of boosting clean energy capacity to 175 gigawatts by 2022. The dedicated transmission lines, part of the so-called green corridor project was announced at an event ‘Empowering the Grid to meet Future Challenges’ organized […] Read more
NDB signs first loan agreement for financing Shanghai Lingang distributed solar power project Updated On Thu, Dec 22nd, 2016 by Saurenergy The People’s Republic of China and the New Development Bank signed a Loan Agreement approving the provision of RMB (CNY) 525 million (INR 512 million/ USD 75 million) sovereign project loan for the Bank’s first project in China – Shanghai Lingang Distributed Solar Power Project. The Loan Agreement was signed by Mr. Shi Yaobin, Vice […] Read more
Thin Film Solar Cells Market Size to Exceed $30bn by 2024: Global Market Insights Updated On Tue, Dec 20th, 2016 by Saurenergy Global Market Insights forecasts the thin film solar cells market size to exceed USD 30 billion by 2024. The research firm notes that strong concerns towards fossil fuel depletion with stringent regulations to reduce greenhouse gas emission will drive global thin film solar cells market share. Financial incentives including tax rebate, subsidies, net metering, FIT, […] Read more
First Funding agreement signed for ARENA’s program to accelerate the rollout of big solar projects Updated On Tue, Dec 20th, 2016 by Saurenergy Australian Renewable Energy Agency’s program to drive down the cost and accelerate the rollout of big solar projects has just seen the first funding agreement signed. The new agreement commits up to $8.9 million of ARENA funding towards Genex’s $126 million Kidston Solar Project in North Queensland. ARENA CEO Ivor Frischknecht said the Kidston project was […] Read more
EDF EN Canada’s Vulcan Solar Project Receives Alberta Utilities Commission Approval Updated On Fri, Dec 16th, 2016 by Saurenergy EDF EN Canada a subsidiary of EDF Energies Nouvelles Group, announced the approval by the Alberta Utilities Commission (AUC) to construct and operate the Vulcan Solar Hybrid Energy Centre (Vulcan Solar Project). The proposed 77.5 megawatt (MWAC) solar photovoltaic (PV) facility is located in Vulcan County near the Village of Carmangay. Approval is granted subject […] Read more
Amaranto Group signs an agreement with CPEC Ananta to build 200MW solar PV projects: Report Updated On Wed, Dec 14th, 2016 by Saurenergy Amaranto Group has reportedly signed a joint venture agreement with Mumbai-based solar developer CPEC Ananta to build 200MW of solar projects across India in next four years. Rodolfo Bigolin, managing partner and chief executive of Amaranto Global Asset Management, speaking to PV Tech said “the firms currently have two projects with a combined capacity of […] Read more
Canadian Solar announces commencement of its solar module manufacturing in Sorocaba,Brazil Updated On Mon, Dec 12th, 2016 by Saurenergy Canadian has announced the commencement of solar module manufacturing in Sorocaba, Brazil. The new manufacturing facility will be Brazil’s largest, with 380 MW annual capacity of made in Brazil solar modules. The official inauguration of this state-of-the-art new solar module facility was attended by the Geraldo Alckmin, Governor for the State of Sao Paulo, Eduardo […] Read more
AutoGrid Launches AutoGrid Flex 3.0, With Co-Optimization Capabilities Updated On Thu, Dec 8th, 2016 by Saurenergy AutoGrid Systems has launched AutoGrid Flex 3.0, the comprehensive flexibility management solution for demand response (DR) management, distributed energy resource (DER) management and virtual power plants (VPPs). AutoGrid Flex 3.0 application suite features several new energy storage co-optimization capabilities that enable utilities, electricity retailers, renewable energy project developers and other energy service providers to maximize the […] Read more
Haryana Government signs MoU with Prestige Ocean Holding for 100MW solar project Updated On Wed, Dec 7th, 2016 by Saurenergy Leading Chinese company Prestige Ocean Holding and Investments Limited has signed a Memorandum of Understanding (MOU) with Haryana Government for the setting up of 100 MW solar power projects in the State with an investment of 500 crore. Haryana Principal Secretary, New and Renewable Energy Department Ankur Gupta signed the agreement on behalf of the […] Read more