Total, SunPower bags 164MW solar power plant project in Chile Updated On Fri, May 27th, 2016 by Saurenergy In less than a week Total and SunPower has bagged second large PV contract in Chile. Colbún S.A. has awarded a 15-year power purchase agreement to Total and SunPower for 500 gigawatt hours (GWh) of photovoltaic solar energy per year, with the construction of a 164MW solar power plant. “This contract is a further step […] Read more
Small Wind Solar Hybrid System to provide electricity to un-electrified areas: MNRE Updated On Thu, May 26th, 2016 by Saurenergy Ministry of New and Renewable Energy is implementing a programme to promote the installation of small wind solar hybrid systems. The objective of the programme is to provide electricity in unelectrified areas or areas with irregular electric supply. Under the programme, MNRE provides Central Financial Assistance (CFA) to community users for installation of such systems. […] Read more
IREDA reports 5.56% decline in net profit Updated On Mon, May 23rd, 2016 by Saurenergy Indian Renewable Energy Development Agency (IREDA) has reported a 5.56 per cent decline in net profit at Rs 151.49 crore during the six months period that ended on March 31. IREDA in a BSE filing said that the company had a net profit of Rs 160.42 crore in the same period a year ago. The […] Read more
MNRE sets target for Commercial & Industrial sector for FY 2016-17 Updated On Fri, May 20th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) is implementing a Grid connected Rooftop and Small Solar Power Plants Programme. The Government has set a target of 40,000 MWp of grid interactive rooftop solar (RTS) PV plants by 2022. These RTS plants will be set up in residential, commercial, industrial, institutional, Government/ PSU sectors ranging from […] Read more
ENGIE acquires an 80 percent stake in Green Charge Networks Updated On Wed, May 11th, 2016 by Saurenergy ENGIE has acquired an 80 percent stake in leading battery storage company, the Green Charge Networks. Green Charge, utilizing its advanced patented software algorithms and analytics, deploys, owns, operates, and optimizes battery systems at commercial & industrial (C&I) and public sector customer sites in the US. Both the company did not reveal terms of the […] Read more
Construction Machinery Giant – Caterpillar forays into the Solar Storage and Microgrid Business Updated On Tue, May 10th, 2016 by Saurenergy Caterpillar – a known name in construction machinery and generators has forayed into the storage and microgrid markets which combine solar PV and energy storage with the company’s power generation equipment. Bringing along a years of experience in power generation –both in provider of generators and power projects, the company has acceptably sneaked into the […] Read more
Martifer Solar signs DA with Canadian Solar for a 63MW PV plant project in Mexico Updated On Mon, May 9th, 2016 by Saurenergy Martifer Solar and its JV MIRE partners have signed a Development Agreement with Canadian Solar for a 63MW solar power project in Aguascalientes, Mexico. The joint venture formed by Martifer Solar Sistemas Solares, S.A., Energía ECG, S.A.P.I de C.V. and Ithaca Environmental Ventures Limited to develop projects in Mexico. MIRE began the development of this […] Read more
GE signs contract with TSK to provide 220MW LV5 series 1,000-volt solar inverters Updated On Wed, May 4th, 2016 by Saurenergy GE’s Power Conversion business has signed a contract with TSK to provide 220-megawatt (MW) LV5 series 1,000-volt solar inverters and has established the possibility to expand the collaboration for future possible projects with the LV5 series solar inverters. Both the companies have been strategic partners in thermal power plant and wind businesses. With the new […] Read more
Government has sanctioned 32 solar parks of 19,400 MW capacities in 20 states so far Updated On Tue, May 3rd, 2016 by Saurenergy Modi Government is encouraging use of waste land for installation of solar power plants and setting up of solar parks is a step in that direction. Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy in a written reply to a question in the Rajya Sabha said under the scheme […] Read more
