State Government of West Bengal to create multiple solar parks Updated On Fri, Sep 16th, 2016 by Saurenergy The state government of West Bengal has decided to create multiple small solar parks. Shobhondeb Chatterjee, State Power Minister stated on the sidelines of an interactive session with the Calcutta Chamber of Commerce that “We are planning for solar park totalling 500 MW, but doing it at a single site is not possible as we […] Read more
Tata Power acquires WREPL through share purchase agreement Updated On Thu, Sep 15th, 2016 by Saurenergy TPREL (Tata Power Renewable Energy Ltd), an arm of Tata Power, has completed 100 percent share purchase in WREPL (Welspun Renewable Energy Pvt Ltd) and its subsidiaries. Earlier in June, the company had announced that TPREL will acquire WREPL through a share purchase agreement (SPA) at an enterprise value of Rs 9249 crore, subject to […] Read more
Hyderabad based Greenko Group to purchase 1GW assets of SunEdison in India Updated On Wed, Sep 14th, 2016 by Saurenergy Greenko Energy Holdings, a Hyderabad-based firm has agreed in principle to proceed with a purchase of roughly 1GW of solar assets owned by SunEdison in India. The Hyderabad-based energy firm has more or less agreed the transaction after meeting with the SunEdison’s restructuring officer. It is expected that the bankrupt US company will be selling […] Read more
REI 2016 – The Countdown begins for South Asia’s Biggest Renewable Energy Trade Expo Updated On Wed, Aug 31st, 2016 by Saurenergy South Asia’s leading Renewable Energy Trade Expo by UBM India, Renewable India Expo 2016 (REI) to kick-off from September 7-9, 2016 at the India Expo Center, Greater Noida. Expected to congregate 40 participating countries, house over 650 exhibitor, 1000 + Delegates and attract over 25,000 visitors – in its flagship 10th anniversary of the event […] Read more
Solar Energy Sector Has Immense Potential to Grow Within The Next Few Years: Hiten Parekh, Sr. Vice President at Waaree Energies Limited Updated On Wed, Aug 31st, 2016 by Saurenergy Founded in 1989, WAAREE Energies Ltd is a flagship company of Waaree Group. The company has poised as a pioneer in the global solar energy space. To bring on context, the company flaunts India’s largest solar PV module manufacturing capacity of 500 MW. Waaree Energies is a broad presence across the solar value chain providing […] Read more
REC Solar appoints Matt Walz, a Duke Energy executive as chief executive officer Updated On Thu, Aug 25th, 2016 by Saurenergy REC Solar has announced the appointment of Matt Walz as chief executive officer. Walz has worked at Duke Energy for 12 years and joined REC Solar after serving on the company’s board of directors. Walz brings to REC Solar leadership experience in renewable energy, retail electric supply and wholesale generation. Building off his tenure as […] Read more
SolarCity commissions 4.7 MW of solar PV at US army bases Updated On Tue, Aug 16th, 2016 by Saurenergy US company SolarCity has announced that it has commissioned around 4.7 MW of solar power systems at Army family housing in Maryland and Colorado operated by Balfour Beatty Communities. The 18000 solar panels have been installed on multifamily housing, community centers and maintenance facilities at Fort Detrick in Maryland and Fort Carson in Colorado to […] Read more
Japan Asia Investment commissions 2 MW Solar Project in Aichi Updated On Sat, Aug 13th, 2016 by Saurenergy Tokyo-based Japan Asia Investment Co. Ltd. has announced that the project for its 2-MW solar photovoltaic (PV) plant in Aichi prefecture has been commissioned. Local utility Chubu Electric Power Co. will be purchasing power from the plant. With a total cost of about JPY 780 million (USD 7.71m/EUR 6.88m, the 2-MW solar plant was built […] Read more
DP Energy gets Green Light to construct a 375MW of solar and wind plant in Port Augusta Updated On Mon, Aug 8th, 2016 by Saurenergy Plans to construct a major 375MW solar and hybrid wind plant for Port Augusta in South Australia has been approved from the state government. DP Energy, the Irish Project developer stated that the government’s green light meant it could now deliver one of the “largest and most significant” hybrid renewables projects in the Southern Hemisphere, […] Read more