India’s Topmost Oil Firms to build Solar Farm with 1GW Capacity in Madhya Pradesh Updated On Sat, Jul 23rd, 2016 by Saurenergy Just yesterday we reported that PM Narendra Modi has invited India’s top fossil fuel ventures to contribute in solar, and how Indian Oil Corp. along with Oil India Ltd. have been working together to develop a 1-gigawatt solar farm in Madhya Pradesh. The senior officials of the state’s renewable energy agency told that Indian Oil […] Read more
Hawaiian Electric with Navy to build a 20MW solar facility at the Joint Base Pearl Harbor-Hickam Updated On Fri, Jul 22nd, 2016 by Saurenergy Hawaiian Electric Company with Department of the Navy announced plans to build a 20 megawatt (28 megawatts DC) solar facility at the Joint Base Pearl Harbor-Hickam, West Loch Annex. Hawaiian Electric will build, own and operate the solar facility at the joint base. In exchange for the land needed for the project, the base will […] Read more
NALCO Inviting Bids For 20MW Solar PV Project in Madhya Pradesh Updated On Fri, Jul 22nd, 2016 by Saurenergy National Aluminium Company Limited (NALCO), a Navratna CPSE under Ministry of Mines, Govt. of India inviting bid for setting up a 20MW solar PV project in Madhya Pradesh. The identified Govt. revenue land of approximately 55.62 hectare bearing Khasra Number 892,860,909,914,908,917,921,919,974,975,976 at Palra village, Susner Tehsil, Agar Malwa Dist of M.P, as per the requirement […] Read more
PM Narendra Modi invites India’s top fossil fuel ventures to contribute in solar Updated On Fri, Jul 22nd, 2016 by Saurenergy India’s topmost energy corporations are moving beyond their roots in fossil fuels to plough money into renewables, supporting the idea of Prime Minister Narendra Modi’s goal to expand the growth of alternatives to the most polluting forms of energy. According to the reports of state agency responsible for implementing energy policy, one of the prominent […] Read more
Indian EPC Sterling and Wilson bags 250 MW Solar Project in Nigeria Updated On Thu, Jul 21st, 2016 by Saurenergy The Indian EPC Sterling and Wilson have been sanctioned to develop 250 MW of 975 MW of solar Power Purchase Agreements (PPAs) by Nigerian Bulk Electricity Trading (NBET) Plc under Nigeria’s FIT program. The recent signing of 975 MW of PPA, which was given granted by the Nigerian Bulk Electricity Trading (NBET) in of the […] Read more
India sanctions scheme to develop 10 Solar Zones having at least 10000 hectares of land Updated On Thu, Jul 21st, 2016 by Saurenergy The Government o India has directed authorization to implement the scheme for setting up of 10 ‘Solar Zones’ each having at least 10000 hectares of govt. or privately owned uncultivable and fallow land in one or more than one patches to encourage solar PV project developers, investors and manufacturers to help achieve the nation’s massive […] Read more
Import of solar cells, modules increases by more than three times in India Updated On Tue, Jul 19th, 2016 by Saurenergy Imports of solar cells and modules have increased by over three times from Rs 5,051 crore in 2014-15 to Rs 15,523 crore in 2015-16. The solar industry in India is certainly having good times as the installations soar and investment increases. Early this year in April the import of solar modules and cell stood at […] Read more
SolarCity raises USD 345 million from four partners to finance new solar projects Updated On Mon, Jul 18th, 2016 by Saurenergy SolarCity has raised $345 million in tax equity from four separate partners in June and July to finance new solar projects. The fund will cover capital cost of new equipment and installations and make it possible for customers to pay less for solar power than they for utility power. Beside the USD345 million in new […] Read more
Centre using VGF tool to woo states like West Bengal for its solar mission Updated On Sat, Jul 16th, 2016 by Saurenergy Centre is trying to woo states like West Bengal offering viability gap funding to put national solar mission on fast track. Ministry of New Renewable Energy (MNRE) joint Secretary Tarun Kapoor speaking to PTI said “We will offer viability gap funding to the state governments. We will give subsidy to bring down the tariff to […] Read more