Forecasting to mitigate back-down Updated On Wed, Feb 28th, 2018 by Saurenergy Unlike other renewable energy rich countries where grid management is for the purpose of energy management, the grid management in India actually targets to solve the capacity management problem. The power market structure of India is comparatively complex unlike other countries and with the penetration of massive variable renewable energy like wind and solar, the […] Read more
Avaada Power Inks MoU to Set Up 500MW Solar Farms in Andhra Updated On Wed, Feb 28th, 2018 by Saurenergy The move will generate more than 1,200 employment opportunities in the state. Renewables developer Avaada Power has inked an Memorandum of Understanding (MoU) with the Andhra Pradesh government to develop 500MW of utility-scale PV projects, with an investment of Rs 35 billion (USD537 million). The Indian solar developer said that the projects in the state […] Read more
SunPower Completes 10MW Solar, 1MW Storage Proj in Alabama Updated On Tue, Feb 27th, 2018 by Saurenergy The solar array is expected to improve the Army’s energy resilience, reduce electricity costs, and provide energy diversity. Solar solutions provider SunPower Corporation has completed and commenced the operations of a 10-Megawatt solar photovoltaic (PV) and 1-Megawatt energy storage project at the US Army’s Redstone Arsenal in Alabama. The solar array and storage project was designed, […] Read more
Ayala Acquires Majority Stake in US Solar Tech Firm Updated On Tue, Feb 27th, 2018 by Saurenergy Merlin is highly complementary to various Ayala businesses, such as the renewable energy generation under AC Energy, says Jaime Augusto. Conglomerate Ayala Corporation has expanded its footprint in the solar energy by acquiring controlling stake in the Silicon Valley-based Merlin Solar Technologies Inc. In a disclosure to the Philippine Stock Exchange, Ayala said, the transaction […] Read more
S’pore-based SolarHome Raises $1.2 mn in Convertible Note Offering Updated On Mon, Feb 26th, 2018 by Saurenergy The company to use funds to expand into dry zone in Myanmar and build out credit risk management function. A Singapore-based start-up, SolarHome, that provide Pay-As-You-Go (PAYG) solar off-grid solutions, has raised another USD 1.2 million in growth capital through an issue of convertible notes to a consortium of investors. The company to use funds to expand […] Read more
Adani Group Inks Rs 9K cr Solar, Other Projects in Andhra Updated On Mon, Feb 26th, 2018 by Saurenergy The company would also be investing in a multi-modal logistics park, says Gautam Adani. Adani Group has inked a pact with the Andhra Pradesh government to invest over Rs 9,000 crore in various projects, including setting up of solar and wind facility, development of a greenfield port, in next five years. Adani Group, Chairman, Gautam […] Read more
Six Flags Entertainment to Create Largest Solar Carport in North America Updated On Sat, Feb 24th, 2018 by Saurenergy The company has also plans for a nearly 7-megawatt system at Discovery Kingdom in Vallejo. As part of its green initiative, the US-based theme park company, Six Flags Entertainment Corporation is planning to boost solar capacity at two of its California parks, including Magic Mountain. Six Flags in partnership with JLL, a global professional services […] Read more
200KW Solar Power Plants Commissions in CIHSR, Nagaland Updated On Sat, Feb 24th, 2018 by Saurenergy The Government of India (GoI), through the Ministry of New and Renewable Energy (MNRE), sponsored the 200 KW off-grid solar power plants and were implemented by DNRE, government of Nagaland. In a move to contribute towards clean energy, a 100 KW grid solar power plant and 100 KW off grid solar power plants were inaugurated […] Read more
India will Achieve Installed RE Capacity Target Before 2022: MNRE Secy Updated On Fri, Feb 23rd, 2018 by Saurenergy International Solar Alliance (ISA) will help mobilise sufficient funds for solar energy projects. The Ministry of New and Renewable Energy (MNRE), Secretary, Anand Kumar said that India would achieve its target of installed renewable energy capacity of 175 GW well before 2022 for which bidding process would be completed on time. Anand Kumar while speaking […] Read more
