Indian EPC Sterling and Wilson bags 250 MW Solar Project in Nigeria Updated On Thu, Jul 21st, 2016 by Saurenergy The Indian EPC Sterling and Wilson have been sanctioned to develop 250 MW of 975 MW of solar Power Purchase Agreements (PPAs) by Nigerian Bulk Electricity Trading (NBET) Plc under Nigeria’s FIT program. The recent signing of 975 MW of PPA, which was given granted by the Nigerian Bulk Electricity Trading (NBET) in of the […] Read more
India sanctions scheme to develop 10 Solar Zones having at least 10000 hectares of land Updated On Thu, Jul 21st, 2016 by Saurenergy The Government o India has directed authorization to implement the scheme for setting up of 10 ‘Solar Zones’ each having at least 10000 hectares of govt. or privately owned uncultivable and fallow land in one or more than one patches to encourage solar PV project developers, investors and manufacturers to help achieve the nation’s massive […] Read more
SPI Energy Completes 2.4MW Nishiura Power Plant In Japan And Connects It To The Grid Updated On Thu, Jul 21st, 2016 by Saurenergy SPI Energy ‘s wholly owned Japanese subsidiary, SPI Solar Japan has completed the 2.4MW Nishiura power plant in Japan’s Ibaraki Prefecture and connected it to the grid. This was the first distributed generation PV project undertaken by SPI Japan in September 2014 and covered all aspects of the plant’s development, construction and operation. The utility-scale […] Read more
Alterra Power acquires 20 MW solar portfolio from Inovateus Solar Updated On Thu, Jul 21st, 2016 by Saurenergy Alterra Power enters into an agreement with Inovateus Solar to acquire an 80% ownership interest in a two-project 20 MWDC portfolio of solar farms in the Midwestern United States. Both the solar projects are contracted under long-term, investment-grade power purchase agreements. Alterra is actively developing and arranging finance for its first project, a 7 MWDC […] Read more
Decline in the Prices of Chinese-made solar panels set to aid Indian solar Market Updated On Wed, Jul 20th, 2016 by Saurenergy The projected decline in the prices of Chinese-made solar panels could benefit the Indian solar developers, due to weakened demand in China and Japan and prolonged trade restrictions in the EU and the USA. The Tier-1 module prices are expected to go down to Rs. 27.50 (USD 0.41/EUR 0.37) per Wp for shipments in the […] Read more
Wave Solar partners with Mosaic Updated On Wed, Jul 20th, 2016 by Saurenergy Wave Solar, one of the leading marketing software company has partnered with Mosaic US’s largest provider of home solar loan. This partnership will provide Mosaic clients access to Wave Solar’s lead generation and qualification software. Mosaic also made an equity investment in Wave Solar to help build and launch a platform that reduces the cost […] Read more
Surat Municipal Corporation signs MoU with SECI to tap into solar power Updated On Tue, Jul 19th, 2016 by Saurenergy Surat Municipal Corporation (SMC) on Monday inked Memorandum of Understanding (MoU) with Solar Energy Corporation of India (SECI) to generate solar power from rooftop of the buildings. The MoU was signed by Surat Municipal Commissioner Milind Torwane and SECI managing director Ashvini Kumar. Under the MoU signed SECI will set up solar power plants on […] Read more
Import of solar cells, modules increases by more than three times in India Updated On Tue, Jul 19th, 2016 by Saurenergy Imports of solar cells and modules have increased by over three times from Rs 5,051 crore in 2014-15 to Rs 15,523 crore in 2015-16. The solar industry in India is certainly having good times as the installations soar and investment increases. Early this year in April the import of solar modules and cell stood at […] Read more
SolarCity raises USD 345 million from four partners to finance new solar projects Updated On Mon, Jul 18th, 2016 by Saurenergy SolarCity has raised $345 million in tax equity from four separate partners in June and July to finance new solar projects. The fund will cover capital cost of new equipment and installations and make it possible for customers to pay less for solar power than they for utility power. Beside the USD345 million in new […] Read more
