ACME Solar Appoints Barclays, JPMorgan for private InvIT Updated On Wed, Oct 31st, 2018 by Saurenergy So far, only three companies—L&T Infra, IRB Infra and India Grid Trust—have tapped the InvIT route for fundraising Renewable energy company ACME Solar Holdings Ltd has hired two investment banks as the company looks to start work on its proposed infrastructure investment trust (InvIT) amid a prolonged delay in a planned initial public offering (IPO), […] Read more
Solar Panels for Bottling Giant Updated On Wed, Oct 31st, 2018 by Saurenergy Soft drink bottling giant Coca-Cola Amatil is preparing for a 10,000 solar panel rollout across its operations. Energy company Verdia is responsible for the power upgrade, which will consist of a 3.5-megawatt solar PV system. The solar power system will be installed across three sites, in three different states over the span of eight to […] Read more
PROINSO and Surya Energi Indotama Mini-Grid Expertise Recognised at Solar Power Portal Awards 2018 Updated On Wed, Oct 31st, 2018 by Saurenergy PROINSO, a global leader in the solar energy market, and its partner PT Surya Energi Indotama (SEI) have won the Solar Power Portal Award 2018 in the category “Community Solar Installation of the Year” for the 492kWp mini-grid project in Indonesia. PROINSO and its partner PT Surya Energi Indotama have completed over 40MWh of mini-grid projects in […] Read more
Rupee fall puts Rs 28,000 crore solar projects at risk Updated On Wed, Oct 31st, 2018 by Saurenergy With safeguard duty, this can crank up tariffs by 30 paise/unit for future projects Nearly half of the solar power capacities under implementation worth ~Rs 28,000 crore face viability risk because of the continuous fall in the rupee, which has made imported solar modules costlier and increased the cost of setting up solar plants. These […] Read more
Azure Power Raises over ~US$ 400 Million Since Fiscal First Quarter Updated On Tue, Oct 30th, 2018 by Saurenergy Azure Power has one of the largest solar portfolios in India The Company’s 2GW+ pipeline has a weighted average tariff ~17% higher than the lowest solar bid in the market With the recent equity and debt financings, Azure Power is one of the best capitalized solar companies in India Azure Power (NYSE: AZRE), one […] Read more
Hanwha Q CELLS’ Q.FLAT-G5 roof mounting system wins Solar+Power Award for best BOS innovation Updated On Tue, Oct 30th, 2018 by Saurenergy Hanwha Q CELLS Co., Ltd. (“Hanwha Q CELLS” or “The Company”), one of the largest solar cell and module manufacturers in the world, has been voted as the winner of the Solar+Power Awards 2018 in the Solar PV BOS category for its Q.FLAT-G5 solar mounting system for flat rooftops. The Q.FLAT-G5 helps to deliver lower […] Read more
Canadian Solar and PKA Complete a Large Scale Solar Transaction in California Updated On Tue, Oct 30th, 2018 by Saurenergy Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, and Pensionskassernes Administration (“PKA”), one of Denmark’s largest pension service providers, today announced Recurrent Energy, LLC (“Recurrent Energy”), a wholly owned subsidiary of Canadian Solar, has finalized a transaction with PKA for its interests in two solar photovoltaic projects. In a deal valued around 2 […] Read more
HPL Electric & Power Q2 Net Surges 26.1% to Rs 7.8 Cr Updated On Tue, Oct 30th, 2018 by Saurenergy “The consolidated net profit after taxes (PAT) of the company stood at Rs 6.2 crore during the corresponding quarter a year ago,” said HPL Electric & Power. One of the country’s leading electric equipment maker, HPL Electric & Power reported an increase of 26.1 per cent in its consolidated net profit after taxes (PAT) at […] Read more
A Solar Cell That Does Double Duty for Renewable Energy Updated On Tue, Oct 30th, 2018 by Saurenergy Researchers develop an artificial photosynthesis system that generates hydrogen fuel and electricity at the same time In the quest for abundant, renewable alternatives to fossil fuels, scientists have sought to harvest the sun’s energy through “water splitting,” an artificial photosynthesis technique that uses sunlight to generate hydrogen fuel from water. But water-splitting devices have yet […] Read more
