ACME Solar Appoints Barclays, JPMorgan for private InvIT Updated On Wed, Oct 31st, 2018 by Saurenergy So far, only three companies—L&T Infra, IRB Infra and India Grid Trust—have tapped the InvIT route for fundraising Renewable energy company ACME Solar Holdings Ltd has hired two investment banks as the company looks to start work on its proposed infrastructure investment trust (InvIT) amid a prolonged delay in a planned initial public offering (IPO), […] Read more
PROINSO and Surya Energi Indotama Mini-Grid Expertise Recognised at Solar Power Portal Awards 2018 Updated On Wed, Oct 31st, 2018 by Saurenergy PROINSO, a global leader in the solar energy market, and its partner PT Surya Energi Indotama (SEI) have won the Solar Power Portal Award 2018 in the category “Community Solar Installation of the Year” for the 492kWp mini-grid project in Indonesia. PROINSO and its partner PT Surya Energi Indotama have completed over 40MWh of mini-grid projects in […] Read more
Canadian Solar and PKA Complete a Large Scale Solar Transaction in California Updated On Tue, Oct 30th, 2018 by Saurenergy Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, and Pensionskassernes Administration (“PKA”), one of Denmark’s largest pension service providers, today announced Recurrent Energy, LLC (“Recurrent Energy”), a wholly owned subsidiary of Canadian Solar, has finalized a transaction with PKA for its interests in two solar photovoltaic projects. In a deal valued around 2 […] Read more
Low-ceiling tariff by SECI gets auction postponed again for 1200 MW Hybrid Tender Updated On Mon, Oct 29th, 2018 by Saurenergy The main reason was poor response from developers, who claimed to have stayed away mainly because SECI had set a tariff ceiling for the auction at Rs 2.60 per unit, which developers felt was too low. The auction, which was to be held on October 26, is now set for November 14. SECI has postponed its […] Read more
US Wind Turbine Market to be Driven by Decarbonization Targets and Favorable Regulatory Directives Updated On Fri, Oct 26th, 2018 by Saurenergy Global wind turbine market players recently witnessed a path-breaking announcement by energy giant GE, regarding the deployment of the most powerful offshore wind turbine called the Haliade-X in 2021. The deployment of the 12-megawatt wind turbine is expected to put GE in the leading position in the offshore wind turbine market as the new wind […] Read more
SECI Extends Bid Submission Deadline for 750MW Solar Project in Rajasthan Updated On Thu, Oct 25th, 2018 by Saurenergy The deadline for bid submission against the above RfS has been extended to 02.11.2018 (upto 1600 hrs IST), SECI. The Solar Energy Corporation of India (SECI), an arm of the Ministry of New and Renewable Energy (MNRE), has extended the bid submission deadline for ‘selection of solar power developers for setting up of 750 MW […] Read more
JA Solar Gets BIS Certification in India Updated On Thu, Oct 25th, 2018 by Saurenergy After a long test and strict audit, on its poly modules and mono PERC products, the company has recently received BIS certification. Shanghai-based high-performance solar power products maker JA Solar has received the certification for its photovoltaic (PV) modules from the Bureau of Indian Standards (BIS). After a long test and strict audit, on its […] Read more
Green Climate Fund Invests $1 Bn for Developing Countries Updated On Tue, Oct 23rd, 2018 by Saurenergy The 19 new projects amount to a total investment from GCF of USD 1,038 million, and including co-financing the projects will channel over USD 4,244 million of climate finance for low-emission, climate-resilient development. The Green Climate Fund (GCF) in its 21st board meeting in Bahrain has approved over one billion dollars of new projects and […] Read more
India, Bahrain, Lesotho, SA Clinch UN’s Top Honour for Investment Promotion Updated On Tue, Oct 23rd, 2018 by Saurenergy Invest India received the award for excellence in servicing and supporting a major global wind turbines company in the establishment of a blade manufacturing plant in India while committing to train local staff and produce 1 gigawatt of renewable energy. In another significant development, the agencies – Invest India, Bahrain Economic Development Board (EDB Bahrain), Lesotho […] Read more
