CERC Offers Relief to Welspun Energy in a Case with SECI Updated On Thu, Dec 20th, 2018 by Saurenergy WEPL had petitioned for an extension for the commercial operating date for 72 MW of grid-connected solar photovoltaic projects. In a relief to Welspun Energy Private Limited (WEPL), Central Electricity Regulatory Commission (CERC) has issued an order stating that land procurement delay on government’s part will be treated as Force Majeure (unavoidable circumstance). WEPL had […] Read more
WBGEDCL Invites Tender for Solar Rooftop Projects in West Bengal Updated On Tue, Dec 18th, 2018 by Saurenergy WBGEDCL has specified in the tender that 60 of these solar rooftop systems each of 10 KWp capacity are to be installed. West Bengal Green Energy Development Corporation (WBGEDCL) has issued tender for Rooftop Grid Connected Solar PV Power Plants to be installed in Jhargram and Purulia District of West Bengal. The last date for […] Read more
Australia’s CEFC Invests $72 Mn in Renewables Fund Updated On Fri, Dec 14th, 2018 by Saurenergy This is the largest equity investment ever made in renewable energy in Australia with an aim to encourage institutional investors. Making a tremendous renewable energy push, Australia’s Clean Energy Finance Corporation (CEFC) has invested US $72 million (AU $100 million) in the Australian Renewables Income Fund (ARIF). This is the largest equity investment ever made […] Read more
HPL Introduces Solar Inverter to Maximise Energy Production Updated On Thu, Dec 13th, 2018 by Saurenergy The inverter runs on solar power and is highly cost effective being a battery less inverter, that make it distinct from other off-grid inverters. Providing affordable renewable energy products, HPL has introduced the Solar Inverter range which comes with upgraded design and advanced technology ensuring higher performance. The solar power inverter makes use of advanced […] Read more
Silverpeak Launches Renewable Investment arm to Finance Green Projects Updated On Thu, Dec 13th, 2018 by Saurenergy The investment arm will be run by Santosh Raikarwho has joined Silverpeak as the strategy’s managing partner. Ramping up the investment platforms for renewable energy, enewable Investment armsak Renewables Investment Partners will provide an opportunity to institutional investors to invest in renewable technologies such as wind, solar and in the area of energy storage. The […] Read more
Greenbacker Renewable Energy Buys 10.8 MW portfolio From Sol Systems Updated On Thu, Dec 13th, 2018 by Saurenergy The two projects, Project Blue Star and Project Phoenix, which are collectively known as the the Phoenix Solar Portfolio, are located in Kent County and Prince Georges County, Maryland. Greenbacker Renewable Energy has announced today that it has purchased the rights to a 10.8 MW portfolio of two solar projects from Sol Systems. The two […] Read more
Solar Energy Production in the year 2018-19 was 21.365 Billion Units Updated On Wed, Dec 12th, 2018 by Saurenergy Central Electricity Authority (CEA) has reported that the total solar energy production in the year 2018-19 was 21.365 Billion Units (BUs), as on 31.10.2018. The year-wise details of solar energy production since, 2015 are given as under: – S. No Year Generation from Solar Projects (BUs) 1. 2015-16 7.448 2. 2016-17 13.499 3. 2017-18 25.871 […] Read more
India to Add 10000 MW Renewable Energy Capacity in 2020: Icra Updated On Wed, Dec 12th, 2018 by Saurenergy The current trend prediction comes on the back of the fact that the share of renewable energy has been steadily rising in India’s energy mix. Renewable energy capacity addition can be expected to be around 10000 MW in financial year 2019-2020, rating agency Icra has said while maintaining a stable outlook for the renewable energy […] Read more
Ministry of New and Renewable Energy Conferred the Skoch Award for National Significance Updated On Mon, Dec 10th, 2018 by Saurenergy Considering the impact of the ministry, its purpose and the critical role played by the government in installing about 73 GW of renewable energy, the ministry had been selected for the award. Recognizing the pivotal role government plays in pushing green energy, Ministry of New and Renewable Energy, Government of India has been conferred with […] Read more