CIT Serves as Coordinating Lead Arranger for $256 Million Texas Solar Financing Updated On Thu, Dec 10th, 2020 by Saurenergy CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as coordinating lead arranger on a $256 million financing for the 250-megawatt (MW) Taygete I Energy Project owned by 7X Energy, Inc (7X) and located in Pecos County, Texas. 7X Energy is a leading utility-scale solar developer, owner, and asset manager that has originated 1,350 (MWac) of solar […] Read more
JinkoSolar Squeezes out Growth on Higher Shipments in Third Quarter of 2020 Updated On Tue, Dec 8th, 2020 by Saurenergy Chinese solar panel manufacturing major JinkoSolar has announced its third-quarter 2020 financial results on 7th December 2020. Financial Results: The company had total revenue of RMB 8.77 billion (USD 1.29 billion), an increase of 3.8% from RMB 8.45 billion and 17.2% from RMB7.48 billion from the second quarter of 2020 and the third quarter of […] Read more
Andhra Pradesh Continues On Solo Drive, With Invite For 6.4 GW Solar Bids Updated On Tue, Dec 8th, 2020 by Saurenergy Bids for 6.4 GW of solar projects have been called by the state agency, APGECL, for plants to come up at 10 locations across Andhra Pradesh Bids for 6.4 GW of solar projects have been called for by the state agency, the Andhra Pradesh Green Energy Corporation Limited (APGECL). These plants are supposed to come […] Read more
MNRE Shares Concept Note on Plan for one Solar City in Each State/ UT Updated On Mon, Dec 7th, 2020 by Saurenergy MNRE has shared a concept note per which each State should have at least one solar city where all houses have rooftop solar energy plants and all electricity needs of the city are fully met from solar energy or other renewable energy sources. The Ministry of New and Renewable Energy (MNRE) has shared a concept […] Read more
2 MW Solar Plant Sees Mizoram Enter India’s Solar Map Updated On Mon, Dec 7th, 2020 by Saurenergy With the commissioning of what is its 1st solar power plant, a 2 MW capacity system, Mizoram has entered its place on India’s solar power map. With the commissioning of what is its first solar power plant, a 2 MW capacity system, Mizoram has recently earned its place on India’s solar power map. Mizoram Power Minister R. Lalzirliana inaugurated […] Read more
Ørsted Takes FID on 430 MW Solar Project Near Houston Updated On Sat, Dec 5th, 2020 by Saurenergy Ørsted has taken final investment decision on the Old 300 Solar Center, which is located in Fort Bend County, 40 miles from Houston, Texas, and is expected to come online in Q2 2022. Over the past year, Ørsted has significantly increased its solar portfolio and with the addition of Old 300, now has 1.1 GW […] Read more
USHA SHRIRAM Unveils Solar Off-Grid Combo Systems to Contribute Towards Solar Revolution Updated On Fri, Dec 4th, 2020 by Saurenergy Committed to Vocal for Local and Make In India initiatives, USHA SHRIRAM has revolutionized the way people think about solar energy with the launch of a unique range of Solar Off-Grid Combo Systems. USHA SHRIRAM, the country’s trusted consumer durable brand, has launched a unique range of super efficient Solar Off Grid Combo Systems that […] Read more
PM Modi to Inaugurate 30 GW Wind and Solar Park in Gujarat This Month Updated On Fri, Dec 4th, 2020 by Saurenergy Prime Minister Narendra Modi will be inaugurating the world’s largest solar and wind energy park in Kutch, Gujarat PM Shri @narendramodi to visit Gujarat on December 15 to perform ground breaking for world’s largest renewable energy park in border area of Kutch and also for a desalination plant at Mandvi. pic.twitter.com/c3ywi2ORHu — CMO Gujarat (@CMOGuj) […] Read more
Key Factors Behind India’s Record Low Solar Tariff of Rs 2/kWh: IEEFA Updated On Fri, Dec 4th, 2020 by Saurenergy In the recent SECI auction, India set a new record low solar tariff of Rs 2/kWh, IEEFA takes a look at the key factors behind it. In the recent Solar Energy Corporation of India (SECI) auction which was concluded on November 23, 2020, India set a new record low tariff for solar projects at Rs […] Read more
