Etrion Completes Balance of Sale of Italian Solar Portfolio to EF Solare Italia Updated On Sat, Dec 24th, 2016 by Saurenergy Early this year in November Etrion Corporation signed definitive sale and purchase agreement with Ultor S.p.A, a joint venture owned equally by Enel Green Power S.p.A. and Fondo Italiano per le Infrastrutture. Now the company has announced that it has completed phase two of the previously disclosed sale of its Italian solar portfolio to EF […] Read more
SunPower dedicates 20-MW solar plant in Arizona Updated On Fri, Dec 23rd, 2016 by Saurenergy At an event today in Cochise County, Ariz., Sulphur Springs Valley Electric Cooperative (SSVEC) and SunPower are dedicating a 20-megawatt (AC) solar photovoltaic power plant that is now generating clean, renewable solar power for customers in SSVEC’s service territory. SSVEC will purchase the power generated by the solar plant under a 20-year power purchase agreement […] Read more
Alterra Power Announces Amendment of Power Purchase Agreement for Michigan Solar Project Updated On Fri, Dec 23rd, 2016 by Saurenergy Alterra Power and Inovateus Solar announces the execution of an amended and restated power purchase agreement under which Spartan PV 1, LLC is expected to sell power to the Board of Trustees of Michigan State University (“MSU”). Under the agreement, the Project, a 15.5MWDC (10.1MWAC) solar power plant to be located on carports on the […] Read more
Suzlon Partners with AMP Solar for 15 MW Solar Project in Telangana Updated On Fri, Dec 23rd, 2016 by Saurenergy Suzlon Group has partnered with the AMP Solar for the development and construction of a 15 MW Solar PV Project located at Achampet, Mahaboobnagar District, Telangana. Under agreement signed between Suzlon Group and the AMP Solar on December 21, 2016, the AMP Solar shall acquire a 49% stake in Rudra Solarfarms Limited, a special purpose […] Read more
Rooftop solar units from third party costs 40 percent cheaper than DISCOMs Updated On Thu, Dec 22nd, 2016 by Saurenergy Rooftop solar units installed on industrial and corporate establishments by third parties are offering power 30-40% cheaper than the rates offered by the state’s power distribution companies. This gap is expected to widen further as thermal power companies would need to increase tariffs to accommodate inflationary measures and solar modules prices fall further. The model […] Read more
Bhageria Industries updates on financial tie up for 30 MW Solar Power Project Updated On Thu, Dec 22nd, 2016 by Saurenergy Bhageria Industries Ltd. has informed BSE that the Company has competed the financial tie up of a loan of Rs. 95 Crores from Export Import Bank of India (EXIM Bank Ltd) on the terms and conditions as per their sanction letter dated December 06, 2016 and approved by the Board of Directors at its meeting […] Read more
India to invest $1.8 Billion on Lines to Transmit Solar Power Updated On Thu, Dec 22nd, 2016 by Saurenergy India will invest Rs 127 billion on lines to transmit power from solar parks to enable Prime Minister Narendra Modi’s goal of boosting clean energy capacity to 175 gigawatts by 2022. The dedicated transmission lines, part of the so-called green corridor project was announced at an event ‘Empowering the Grid to meet Future Challenges’ organized […] Read more
Adani, Azure wins 100 MW Grid-Connected Solar tender at Ananthapuramu Solar Park Under DCR Updated On Thu, Dec 22nd, 2016 by Saurenergy Adani and Azure Power has bagged 50MW solar capacity tender each in the state of Andhra Pradesh reports consultancy firm Mercom Capital Group. Solar Energy Corporation of India (SECI) auctioned 100 MW of grid-connected solar under the domestic content requirement (DCR) category at Ananthapuramu solar park in Andhra Pradesh. Under the DCR it is mandatory […] Read more
RINL Commissions 5MW Grid-Connected Solar at Vishakhapatnam Steel Plant premises in Vizag Updated On Thu, Dec 22nd, 2016 by Saurenergy The corporate entity of Visakhapatnam Steel Plant, Rashtriya Ispat Nigam (RINL) has commissioned 5 MW of grid-connected solar at the Vishakhapatnam Steel Plant premises in Vizag reports Marcom Capital. The research firm notes that the projects were developed on a Build Own Operate (BOO) basis at a cost of about Rs.330 million ($4.86 million). A […] Read more
