EDF Renewables Signs Two 20-Yr PPA For Solar+Storage Proj in California Updated On Tue, Nov 13th, 2018 by Saurenergy The Project is slated to achieve commercial operation by the end of 2021. The agreement is for generation and storage of solar energy. EDF Renewables North America signed two 20-years Power Purchase Agreement (PPA) with Silicon Valley Clean Energy (SVCE) purchasing 55 percent of the output, and Monterey Bay Community Power (MBCP) getting the remaining […] Read more
European Solar Power Market, Forecast to 2025 Updated On Fri, Nov 9th, 2018 by Saurenergy This research presents an analysis of the European solar power market.This study includes an in-depth analysis of the market with a specific focus on nine countries—Austria, Belgium, Germany, Italy, United Kingdom, France, Spain, Turkeyand the Netherland—besides the Nordic Countries and Rest of Europe. End-user groups are residential, commercial & industrial and utility scale.Installed capacity and expected trends in end-user segments vary across countries. […] Read more
HRD Institute Saves Big with Solar Energy Updated On Fri, Nov 9th, 2018 by Saurenergy The Telangana State-run MCR HRD Institute has opted for renewable energy to meet a part of its power needs. The Institute has completed Phase I of its solar power system, under which it installed a 500 kwp on the roof of the building. The total cost of the project was Rs 219 lakh. The Central subsidy, which […] Read more
Solar Power Consumers to Bear Cost of Solar Pumps for Farmers: Maharashtra Updated On Mon, Nov 5th, 2018 by Saurenergy The Maharashtra State Electricity Distribution Company has applied a 10 paise per unit surcharge from November 1 to collect funds for the farmers. Mumbai: The Maharashtra government has imposed an electricity surcharge of 10 paise per unit on industrial and commercial consumers to finance its scheme to provide 25,000 solar pumps to farmers, a senior official said […] Read more
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