Quercus and Swiss Life Asset Managers acquires Antin Solar Investments and its Solar Photovoltaic Asset Portfolio Updated On Tue, Apr 19th, 2016 by Saurenergy Quercus Assets Selection and Swiss Life Asset Managers have announced the successful completion of deal to acquire Antin Solar Investments (ASI) and its 77.1 MW Solar Photovoltaic Asset Portfolio in 50:50 joint ventures. ASI now operates as Azienda Solare Italiana Spa. Last year on December 18, the joint venture called Quercus Swiss Life Italian Solar […] Read more
CEO of SEIA Rhone Resch stepping down after 12 years of leadership Updated On Mon, Apr 18th, 2016 by Saurenergy Rhone Resch has announced to step down as President and CEO of the Solar Energy Industries Association (SEIA) on May 31st, 2016. SEIA will name an interim leader and begin the executive search process before his departure. Chairman of SEIA’s board of directors- Nat Kreamer has expressed the association’s gratitude to Rhone for his accomplishments as […] Read more
Hindustan Power commissions 30 MW solar farm in the Mansa district of Punjab Updated On Wed, Apr 13th, 2016 by Saurenergy The clean energy arm of Hindustan Power has commissioned a 30 MW solar farm in Mansa district of Punjab. The company has invest Rs. 200 crore for the mid-sized, grid-connected solar farm to tap the solar energy potential of the stateestimated at 4-7 KWH/sq.mtr of solar insolation levels—and enable Punjab to achieve its renewable purchase […] Read more
Haryana’s revised solar power policy for 2016-2022 Updated On Tue, Apr 5th, 2016 by Saurenergy Haryana Government has announced new solar power policy for the year 2016-2022 in march this year, having launched its original solar policy couple of years back. The latest policy brings target of adding 3.2GW of solar power by the end of 2022. Haryana Govt. has also increased renewable purchase obligation (RPO) requirements from 3% to […] Read more
TNERC announces new solar power tariff Updated On Fri, Apr 1st, 2016 by Saurenergy The Tamil Nadu Electricity Regulatory Commission (TNERC) has passed comprehensive tariff order on Solar Power which comes into force from 1st April this year. The tariff works out to Rs.5.10 per unit for Solar PV projects and Rs.11.12 per unit for Solar Thermal projects without AD benefit. The AD benefit component of the tariff is […] Read more
Oman’s AER to encourage local homeowners to install solar arrays on their rooftops Updated On Mon, Mar 28th, 2016 by Saurenergy Oman’s Authority for Electricity Regulation (AER) will encourage local homeowners to install solar arrays on their rooftops. Qais Al-Zakwani, executive director of the Authority for Electricity Regulation on Monday said Authority will introduce a programme that will encourage households to install solar arrays and feed the power into the national grid. AER reviewing minimum technical […] Read more
American financial institution to allocate $421 million to India for solar, internet projects Updated On Tue, Mar 22nd, 2016 by Saurenergy American financial institution to allocate $421 million to India for its solar and broadband projects reports PTI. It will enable the country to become a low carbon economy and expand the internet infrastructure. Last week US Government’s development finance institution, Overseas Private Investment Corporation (OPIC), sanctioned $250million to subsidiaries of ReNew Power Ventures Private Limited […] Read more
Solar Installation to well surpass 4GW in 2016, marking a 100% YoY Growth – Report Updated On Fri, Mar 11th, 2016 by Saurenergy The Indian solar sector is finally emerging from hibernation with solar installations doubling in 2015 after three years of flat growth, said Raj Prabhu, CEO and co-founder of Mercom Capital Group. Global clean energy communications and research firm cited that solar installations totaled 2,133 MW in 2015, up from 883 MW installed in 2014, which […] Read more
Gamesa bags 12MW Solar Deal in Tamil Nadu Updated On Fri, Mar 4th, 2016 by Saurenergy Spanish renewable provider, Gamesa announces a successful solar deal of commissioning 112MW in the state of Tamil Nadu, India. Through this photovoltaic (PV) project, the company will provide engineering and design services, supply inverters, implement the actual installation and commission the solar PV parks. Previously, The latest order expands the company’s Indian solar power portfolio […] Read more
