Viz-A-Viz with Andrew Hines, Co-Founder, CleanMax Solar Updated On Thu, Jan 31st, 2019 by Saurenergy First Loss Protection Program Could be a Passible Support To promote a broadening of the rooftop segment into those underserved markets, the government can play a very important role. One possible support would be a “first loss protection” program, in which the government or a multilateral agency would absorb some of the credit risk of […] Read more
Facebook Signs Virtual PPA for 80 MW of Solar Power Updated On Fri, Jan 25th, 2019 by Saurenergy Under the agreement, Digital Realty has executed a long-term renewable power purchase contract to secure approximately 80 MW of solar power capacity for Facebook to power its Virginia Data Center. Digital Realty, a leading global provider of data center, colocation and interconnection solutions, has announced the signing of a virtual power purchase agreement on behalf […] Read more
Abu Dhabi’s Masdar Eyes Minority Stake in Hero Future Energies Updated On Tue, Jan 22nd, 2019 by Saurenergy Asian energy producers including Petronas of Malaysia, Masdar and Singapore’s Sembcorp are in separate discussions to acquire a minority stake in Hero Future Energies Abu Dhabi’s Masdar Clean Energy has thrown its hat into the ring for a minority stake in Hero Future Energies. It has entered into exclusive talks to acquire a 30-35% stake […] Read more
Google’s Data Centers in Tennessee and Alabama to Run on 1.6 Mn Solar Panels Updated On Thu, Jan 17th, 2019 by Saurenergy Located in Hollywood, Alabama and Yum Yum, Tennessee, the two biggest solar farms will be able to produce around 150 megawatts each. In an attempt to match its energy-use with 100 percent carbon-free energy, Google wants the electricity consumed by its new data centers in Tennessee, and Alabama, to be matched with 100 percent renewable […] Read more
Vibrant Gujarat to See RE Deals Worth Rs 50,000 Cr Updated On Mon, Jan 7th, 2019 by Saurenergy Gujarat Power Corp Ltd, owned by the Gujarat government, will be laying the foundation stone for one of the biggest solar power park. The 9th edition of the Vibrant Gujarat Global Summit 2019 (VGGS) which is happening from January 18th to 20th, 2019, is expected to witness investment commitment of a massive Rs 50,000 crore […] Read more
MNRE Issues Order Mandating Procurement of Locally Made Products Updated On Fri, Dec 14th, 2018 by Saurenergy Department of Industrial Policy and Promotion had earlier issued a notification in June 2017, mandating public procurement should encourage Make in India policy. Ministry of New and Renewable energy has issued an order mandating that public procurements should encourage Make in India to promote manufacturing and production of goods and services in India with a […] Read more
Walmart, SunPower Sign 23 MW Solar Pact Updated On Wed, Oct 24th, 2018 by Saurenergy As part of the project, a mix of rooftop and ground-mount solar systems are expected to account for 23 MW, with start of construction targeted for the first half of 2019. Retail stores chain operator Walmart has reached an agreement with SunPower to have the commercial energy provider install solar systems at 19 stores […] Read more
RE Invest Aims to Showcase India’s Performance; Subsides Investment Updated On Mon, Oct 8th, 2018 by Saurenergy Ministry of New and Renewable Energy (MNRE)’s flagship event, RE Invest, to promote the spread of renewable energy has this time aimed at exchange of ideas between state and private players. Unlike the first RE Invest held in 2015, the second RE Invest has rather chose to showcase India’s achievements in the renewable energy sector […] Read more
India’s 40 GW Rooftop Solar Target Ambitious but also Realistic: Experts Updated On Sat, Oct 6th, 2018 by Saurenergy The session brought together experts who discussed global market trends, smart business models, and best practices in rooftop solar PV domain in India and Europe. The global experts has supported India’s ambitious goals of achieving 40 GW rooftop solar target by 2022 and termed it as realistic during a session on ‘Rooftop Solar PV Market […] Read more