Rating Agency ICRA Predicts 7-7.5 GW Solar Capacity Additions this Financial Year Updated On Wed, Apr 24th, 2019 by Saurenergy Rating agency ICRA said on April 23 that it has estimated 7-7.5 GW solar power capacity addition during the current financial year, which includes 1 GW of rooftop solar. “The domestic solar power capacity addition is expected at around 7 GW to 7.5 GW (including around 1 GW of rooftop solar capacity) in FY 2020 as […] Read more
CleanMax Solar Secures Rs 275 Cr Investment From UK Climate Investment Updated On Wed, Apr 24th, 2019 by Saurenergy Mumbai-based solar power developer CleanMax Solar has raised Rs 275 crore in equity funding from UK Climate Investments (UKCI). UKCI will underpin the development of a nationwide network of solar farms following the agreement to invest £30 million in one of India’s leading providers of renewable energy for commercial and industrial clients, CleanMax Solar. Founded […] Read more
Increased Demand For Solar Panels Pushing Up Solar Prices Updated On Tue, Apr 23rd, 2019 by Saurenergy At a time when price drops are taken for given in the long term, researchers from the University of Kent warn that high solar panel demand could lead spike in silver prices, with production costs soaring in the future. According to the researchers from Kent Business School, the rising demand for solar panels is pushing up […] Read more
Amplus Inks Pact with Kongsberg to Digitalize Solar Asset Lifecycle Updated On Tue, Apr 23rd, 2019 by Saurenergy “This partnership with Kongsberg Digital is another step in our endeavor to channelize the power of technology to maximize solar performance,” he added. Gurgaon-based Amplus Energy Solutions has entered into an Memorandum of Understanding (MoU) with Norway’s Kongsberg Digital to utilize its efficiency enhancing applications – Kognifai. As per the deal, Amplus will explore opportunities […] Read more
At a Loss For Bids, SECI Extends 3 GW Manufacturing Linked Tender Again Updated On Tue, Apr 23rd, 2019 by Saurenergy The deadline for submission has been extended from April 22, 2019, to May 14, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission on its tender for setting up 3 GW ISTS-Connected solar PV power plant linked with setting up of 1.5 GW (per annum) solar manufacturing plant. The […] Read more
ILFS close to a deal with GAIL for Wind Assets at Rs 4700 crores Updated On Tue, Apr 23rd, 2019 by Saurenergy Public Sector Gas Utility GAIL has made the highest offer for the wind assets of scam-hit ILFS In a release from ILFS, the New Delhi based public sector gas major, Gas Authority of India Limited (GAIL) has made the highest binding bid for its wind assets. The deal, if consummated, would include seven wind power […] Read more
Europe Invested EUR 27 Billion in New Wind Farms Last Year Updated On Mon, Apr 22nd, 2019 by Saurenergy Europe invested EUR 27 bn in new wind farms in 2018, which will finance a record amount of future new wind energy capacity. According to WindEurope’s annual Financing and Investment Trends report, the amount invested is similar to previous years. But, with cost reduction, especially in the offshore wind segment, the investments will finance a […] Read more
India’s Growing Economy Will Continue to Attract Global Investors Updated On Mon, Apr 22nd, 2019 by Saurenergy India, the sixth largest producer of renewable energy in the world will continue to grow robustly at an annual average rate of 15.3 percent to reach 105.9 GW by 2028, up from 26 GW in 2018. India’s growth trajectory holds immense potential for global stakeholders to establish energy, infrastructure and technology collaboration with the country, […] Read more
Engie Begins Work on Jumbo Hill Wind Project in Texas Updated On Mon, Apr 22nd, 2019 by Saurenergy With a total capacity of approximately 160 MW, the project is scheduled to be online by spring of 2020. ENGIE North America recently announced the start of construction of the Jumbo Hill Wind Project, located in Andrews County, Texas. Jumbo Hill will provide energy and Renewable Energy Credits (REC) generated by the Project to a […] Read more
