Tesla makes an offer to acquire SolarCity Updated On Thu, Jun 23rd, 2016 by Saurenergy Tesla seeks to accelerate the world’s transition to sustainable transportation by offering increasingly affordable electric vehicles. Last year in March the company launched Tesla Energy, which through the Powerwall and Powerpack allow homeowners, business owners and utilities to benefit from renewable energy storage. Now the company has made an offer to acquire SolarCity. The company […] Read more
ReNew Power signs PPA with DMRC for 6 MW solar rooftop project Updated On Wed, Jun 22nd, 2016 by Saurenergy ReNew Power has signed PPA with Delhi Metro Rail Corporation (DMRC) for 6MW solar rooftop project across various metro stations in New Delhi. The Power Purchase Agreement has been signed for a term of 25 years. The major lines allocated under this PPA are Dwarka Sector 21 to Rajiv Chowk; Badarpur to Central Secretariat and […] Read more
GHMC to install rooftop solar power plants on its office buildings Updated On Tue, Jun 21st, 2016 by Saurenergy The Greater Hyderabad Municipal Corporation (GHMC) is reportedly gearing up to install grid-connected rooftop solar panels on its office buildings to reduce electricity bills. GHMC will invite Expression of Interest cum Request for Proposal for installation of solar panels reports TNIE. Recently a provisional survey was conducted on GHMC buildings revealing that there is a […] Read more
CLP India, Suzlon form JV for 100MW solar project in Telangana Updated On Tue, Jun 21st, 2016 by Saurenergy CLP India, one of the largest foreign investors in the Indian power sector, and Suzlon Group have formed joint venture for a 100 MW solar project at Veltoor in Telangana. As per the agreement signed between CLP India and Suzlon, CLP India acquired 49% stake in SE Solar, a special purpose vehicle (SPV) set-up by […] Read more
Fortum signs EUR 1,750 million syndicated Multicurrency Revolving Facility Agreement Updated On Fri, Jun 17th, 2016 by Saurenergy Fortum Corporation has signed a EUR 1. 75 billion syndicated Multicurrency Revolving Facility Agreement. The company will use the committed facility for general corporate purposes and replaces the existing credit facility signed in July 2011. The facility has an initial maturity of five years and Fortum may request two one-year extension options. The company in […] Read more
Piyush Goyal launches Urja & Vidyut Pravah mobile App alongside Ujala Scheme in Goa Updated On Fri, Jun 17th, 2016 by Saurenergy Power, Coal and New and Renewable Energy Minister- Piyush Goyal on Thursday launched ‘URJA’- Urban Jyoti Abhiyaan Mobile app and Vidyut Pravah” App on the side-lines of ongoing two day Conference of Power Ministers at Cansaulim in South Goa. The URJA app developed by Power Finance Corporation on behalf of Ministry of Power for Urban […] Read more
SECI tendering 450MW solar PV projects in Maharashtra Updated On Wed, Jun 15th, 2016 by Saurenergy Solar Energy Corporation of India has issued request for selection (RfS) document for selection of Grid connected Solar PV Projects of 450 MW in Maharashtra in Part-B (Open) under NSM Ph-II, Batch-IV. Interested bidders have to download the official copy of RfS & other documents after logging into the TCIL website by using the Login […] Read more
SunPower to construct a 7.75-megawatt solar power system at Toyota headquarters Updated On Wed, Jun 15th, 2016 by Saurenergy Toyota has announced that SunPower is designing and plans to construct a 7.75-megawatt solar power system at its North American headquarters in Plano, Texas The 7.75-megawatt solar power system is expected to generate 25 percent of the headquarters’ total electricity deman. The project will be comprised of three solar carport structures using high efficiency SunPower […] Read more
Adani Group bags bid to set up a 100 MW solar unit in Chhattisgarh Updated On Mon, Jun 13th, 2016 by Saurenergy Parampujya Solar Energy, an arm of Adani Green Energy has bagged a bid to set up a 100 MW solar power unit in Chhattisgarh. Parampujya Solar Energy sought the lowest viability gap funding (VGF) of Rs 59 lakh per MW among other bidders in the auction lead by SECI reports the ET. SECI’s reverse auction […] Read more