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
Interface of Solar with DC Technology will help Secure Energy Security & provide green energy: Piyush Goyal Updated On Sat, Jul 16th, 2016 by Saurenergy Union Minister of State for Power, Coal, Mines and New & Renewable Energy Piyush Goyal, said that the interface of solar technology with DC technology will help to secure energy security & provide green energy. Goyal further added that this fusion of Solar Technology for providing green energy & energy security can be utilized for […] Read more
Piyush Goyal reviews issues related to Power, coal and renewable energy sectors in Karnataka Updated On Wed, Jul 13th, 2016 by Saurenergy Union Minister of State for Power, Coal, Renewable Energy and Mines, Piyush Goyal on Tuesday reviewed issues related to Power, coal, renewable energy and mines sectors with the Govt. of Karnataka. Addressing the media Goyal said that there are four ongoing power projects linking with various states to bring surplus power from the central grid […] Read more
8minutenergy Secures $21 Million USD Letter of Credit Facility from Rabobank Updated On Fri, Jul 8th, 2016 by Saurenergy 8minutenergy Renewables has secured a $21 million USD letter of credit facility from Rabobank. The purpose of the credit facility is to enable 8minutenergy’s utility-scale solar development activities across North America, including supporting the execution of Power Purchase Agreements and Interconnection Agreements associated with projects in various stages of development. “We are thrilled to be […] Read more
MNRE collaborates with KfW for floating solar projects in Maharashtra and Kerala Updated On Thu, Jun 30th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) in collaboration with Germany-based development bank KfW to set up two floating solar PV plants in the Maharashtra and Kerala. MNRE recently conducted a study to assess the potential of floating solar power in the country. Both the plants are estimated to cost around USD 46.15 million. “The KfW-funded […] Read more
EESL and TERI sign MoU for strategic partnership to achieve energy efficiency in India and abroad Updated On Thu, Jun 30th, 2016 by Saurenergy Energy Efficiency Services Limited (EESL) has entered into a strategic partnership with The Energy and Resources Institute (TERI) for two years. The MoU was signed between the two parties in the presence of Union Minister of State (IC) Power, Coal and New & Renewable Energy, Piyush Goyal. Under the MoU signed both the oraganizations will […] Read more
Amplus Solar acquires portfolio of commercial and industrial rooftop projects of SunEdison India Updated On Fri, Jun 24th, 2016 by Saurenergy Amplus Energy has acquired Sun Edison’s Indian Commercial and Industrial Rooftop Portfolio. Spread across India, the facilities provide on-site renewable power to leading Indian and global corporate customers. Sanjeev Aggarwal, Managing Director and CEO of Amplus said, “Amplus Solar is excited to acquire this high-quality portfolio. We have grown rapidly since an equity investment by […] Read more
India, UK to work together as R&D partners in Solar Energy and Nano Material Research Updated On Fri, Jun 24th, 2016 by Saurenergy India and UK have agreed to work together in two major initiatives in the fields of Solar Energy and Nano Material Research..Union Minister for Science & Technology and Earth Sciences, Dr. Harsh Vardhan announced about the initiative after the 5th Indo-UK Science and Innovation Council Meeting (SIC). SIC is the apex body which oversees the […] Read more
Tata Power Renewable Energy Limited bags 30MW solar project in Maharashtra Updated On Wed, Jun 22nd, 2016 by Saurenergy Tata Power has announced that its 100% subsidiary, Tata Power Renewable Energy Ltd. (TPREL) has bagged 30 MW grid connected photovoltaic project of in Maharashtra. The projects have been awarded in the DCR category under the Jawaharlal Nehru National Solar Mission (JNNSM) Phase-Il Batch-IlI Tranche-l under ‘State Specific Bundling Scheme’. TPREL will sign a 25 […] Read more