Canadian Solar Raises JPY5.4 Billion with Inaugural Dual-Tenor Green Project Bond in Japan Updated On Mon, Apr 3rd, 2017 by Saurenergy The JPY5.4 billion (US$47.0 million) dual-tenor green project bond was issued to finance Canadian Solar’s 19.05 MWp Gunma Aramaki Solar Power Plant in Gunma Prefecture, Japan. Canadian Solar Inc. has announced completion of its second green project bond placement with Goldman Sachs Japan Co., Ltd. The JPY5.4 billion (US$47.0 million) dual-tenor green project bond was […] Read more
Vikram Solar commissions 130 MW solar project for NTPC in Bhadla, Rajasthan Updated On Mon, Apr 3rd, 2017 by Saurenergy Vikram Solar has used Poly-crystalline modules of size 295Wp to 320Wp for NTPC’s 130 MW solar project Vikram Solar has announced that it has commissioned a 130 MW (2×65 MW) Solar PV Power Plant for NTPC in Bhadla, Rajasthan. The project has been developed under the State Specific Bundling Scheme (for bundling with thermal power […] Read more
Oriano Solar gets Rs 20 crore from Samridhi Fund Updated On Fri, Mar 31st, 2017 by Saurenergy Rs. 20 crore fund from Samridhi Fund will be used by Oriano Solar to finance working capital requirements and expand 45-member team Mumbai-based startup Oriano Solar has raised series A funding worth Rs 20 crore from Samridhi Fund, which is managed by SIDBI Venture Capital Ltd, a wholly-owned subsidiary of Small Industries Development Bank of […] Read more
Engine manufacturer Wärtsilä to supply a solar PV plant to Burkina Faso Updated On Mon, Mar 27th, 2017 by Saurenergy Wärtsilä’s scope covers the engineering, procurement & construction (EPC) for the solar PV power plant at a gold mine in Burkina Faso, including the control system for the hybrid plant. The Finnish group, Wärtsilä has announced that it will supply a 15 MWp solar PV power plant to Essakane Solar SAS in Burkina Faso. The […] Read more
RPO Compliance Needs To Improve Fast for India to Meet its Solar Installation Targets: Mercom Capital Updated On Wed, Mar 22nd, 2017 by Saurenergy India needs to install 90 GW of solar in five year – at a rate of 18 GW per year. Most states have specified RPO targets. However, due to the lack of enforcement of RPO regulations and the absence of penalties when obligations are not met, many of the state DISCOMs (distribution companies) are not […] Read more
NTPC invites EPC tender for 6 Blocks of 125 MW Capacity Solar Power Project in Karnataka Updated On Fri, Mar 17th, 2017 by Saurenergy The 750 MW solar power tender will be awarded to multiple bidders in single/multiple blocks of 125 MW. India’s largest power utility firm, NTPC has invited EPC tender for the development of 750 MW (6 Blocks of 125 MW Capacity) Solar Power Project at Pavagada, Karnataka. The 750 MW capacity will be distributed into six […] Read more
NEXTracker to Manufacture Additional Structural Components of its Solar Tracking Systems in India Updated On Thu, Mar 16th, 2017 by Saurenergy NEXTracker’s demand has expanded rapidly in India with over 20 projects delivered or under fulfillment with six of India’s largest developers and EPCs. NEXTracker has announced that it will be manufacturing additional structural components of its solar tracking systems locally in India. By augmenting its supply partners to include APL Apollo Tubes Limited along with four other local steel fabricators […] Read more
India’s McNally Bharat Engineering bags 500MW EPC order in Andhra Pradesh Updated On Wed, Mar 15th, 2017 by Saurenergy McNally Bharat Engineering has bagged a 500 MW solar power project worth Rs. 415.29-crore from Andhra Pradesh Power Generation Corporation Ltd. Kolkata-based engineering firm McNally Bharat Engineering has won a Rs. 415.29-crore solar power project from Andhra Pradesh Power Generation Corporation Ltd. The project entails design, engineering, manufacturing, supply, commissioning and operation and maintenance of […] Read more
Gaz Métro Acquires Standard Solar Updated On Wed, Mar 8th, 2017 by Saurenergy Investment accelerates Standard Solar’s growth and channel opportunities in distributed generation solar, energy storage markets; bolsters Gaz Métro ’s presence in the booming U.S. solar energy industry Standard Solar has announced that it has been acquired by Gaz Métro, a leading energy provider with more than US$5.8 billion in assets that is actively involved in […] Read more