Soltage Closes First Round of Investment in 100-MW Solar Portfolio Updated On Fri, Nov 2nd, 2018 by Saurenergy Project to power 18,000 homes and offset 300 million pounds of CO2 each year Independent renewable energy provider, Soltage LLC, today announced that it closed a first round of investment in a 38 project, 100-megawatt (MW) solar project portfolio located in five states across the East Coast and the Southeast. The portfolio includes a large asset […] Read more
Construction of 11.6MW Ground-Mounted Solar Plant in Central Hungary by Unisun Energy Group Updated On Fri, Nov 2nd, 2018 by Saurenergy The start of the project marks another milestone in Unisun’s roadmap to accelerate its expansion into global markets Zhejiang province, China-based Unisun Energy Group, a leading global provider of clean energy solutions, recently announced that the company was about to commence construction of the first phase of its ground-mounted solar power facility in Tiszaszolos, Hungary with initial installed capacity […] Read more
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
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
Delhi Power Minister Launches BSES’ Solar City Initiative Phase-2 Updated On Mon, Oct 29th, 2018 by Saurenergy The BSES said in a statement that, this phase, which will cover the Shakur Basti area, follows the success of the first phase started by the company in Dwarka where around 100 housing societies and apartment complexes have signed up for the initiative. The second phase of Delhi power distribution company BSES’ Solar City Initiative […] Read more
SAR Group Re-Enters Inverter, Solar Segment Updated On Thu, Oct 25th, 2018 by Saurenergy Besides, the company, which is currently present in the automotive battery and E-rickshaw batteries segment, is also aiming to have net sales of Rs 2,000 crore this fiscal. SAR Group, promoter of Livpure brand, is re-entering into the inverter and inverter batteries segment after 7 years and aims to corner around 15% market share in […] Read more
Walmart, SunPower Sign 23 MW Solar Pact Updated On Wed, Oct 24th, 2018 by Saurenergy As part of the project, a mix of rooftop and ground-mount solar systems are expected to account for 23 MW, with start of construction targeted for the first half of 2019. Retail stores chain operator Walmart has reached an agreement with SunPower to have the commercial energy provider install solar systems at 19 stores […] Read more
India’s Rooftop Solar Market – High on Opportunities and Loaded with Challenges Updated On Wed, Oct 24th, 2018 by Saurenergy Experts from the industry, policy makers and market researchers will share their experience and views and suggest the ways to accelerate the market during three rooftop conference sessions at Intersolar India on December 11-13, 2018 in Bangalore. Net metering was introduced in India as a measure to make rooftop solar more accessible and economical for […] Read more
AFRICA: World Bank invests in batteries to boost solar energy Updated On Sat, Oct 20th, 2018 by Saurenergy The World Bank has decided to invest $1 billion for energy storage in Africa. The objective is to support the production of batteries to stimulate the production of solar energy. Africa is increasingly relying on solar energy to increase the rate of access to electricity for its population. Intermittence is the main disadvantage of the […] Read more
