Piramal, APG to invest USD 132 million in Essel Infra’s Solar IPP venture Updated On Wed, Mar 30th, 2016 by Saurenergy Piramal Enterprises and Dutch pension fund asset manager APG Asset Management will invest USD 132 million to power the Essel Infrastructure’s Solar IPP platform across India. Piramal Enterprises Limited will make the investment in Essel Green Energy, the solar arm of Essel Infraprojects Ltd through its Structured Investment Group. Essel Green Energy Private Ltd currently […] Read more
Redflow launches home solar storage battery ZCell to take on Tesla and Panasonic Updated On Wed, Mar 30th, 2016 by Saurenergy Australia based battery developer Redflow has launched its first residential energy storage solution named ZCell made from easily recyclable and reusable components. Redflow‘s ZCell battery unlike its competitors, does not use lithium and is more recyclable than its competitors. It can store 10 kilowatt hours (kWh) of energy which will let users ‘timeshift’ solar power […] Read more
USAID, ADB signs MoU to develop solar parks across India Updated On Tue, Mar 29th, 2016 by Saurenergy The US Agency for International Development (USAID) and Asian Development Bank has signed Memorandum of Understanding (MoU) on Monday for providing Rs 5,681 crore ($848 million) in funding to develop solar parks across India. Under the MoU USAID will align the technical resources of two of its programs to support ADB’s investments in the development […] Read more
Odisha Power Generation Corporation Limited begins solar power project Updated On Mon, Mar 28th, 2016 by Saurenergy The Odisha Power Generation Corporation Limited (OPGC) has started installation of rooftop solar project on the existing plant switchyard building as part of a demonstration project at Ib Thermal Power Station (ITPS) in Jharsuguda district. OPGC says that the project can produce 3KW of solar power which will be used to power switchyard building internal […] Read more
NTPC issues RfS for solar developers to set up a 250MW solar PV project in Andhra Pradesh Updated On Fri, Mar 25th, 2016 by Saurenergy NTPC has released request for selection (RfS) for solar developers to set up a 250MW solar PV project in the Kadapa Ultra Mega Solar Park in Andhra Pradesh. The tender will come as part of National Solar Mission (NSM) Phase-II and deadline for bids is 27th May 2016. Last week consultancy firm Bridge To India estimated […] Read more
Domestic firms dominated Jharkhand‘s 1.2 GW Solar Tender Updated On Fri, Mar 25th, 2016 by Saurenergy Jharkhand’s first bulk tender of solar power projects of 1.2GW received interest from Indian companies. The state issued tender to allocate 1200 MW of solar power projects to private developers in December last year. Early this month Results announced by the Jharkhand government shows bids placed by successful project developers range between Rs 5.08/kWh and […] Read more
Warehouse rooftops to generate solar power in Telangana Updated On Wed, Mar 23rd, 2016 by Saurenergy The Telangana government is encouraging solar power generation from rooftop of more than 330 new warehouses across the state. Almost half the number of new warehouses is expected to be ready by next month, while remaining will be ready by July this year said T. Harish Rao Minister for Irrigation and Marketing at Legislative Assembly. […] Read more
PSEG Solar Source acquires 37.8 MW-dc solar energy facility from Juwi for $60m Updated On Tue, Mar 22nd, 2016 by Saurenergy PSEG Solar Source has acquired a 37.8 MW-dc solar energy facility from juwi Inc. for $6 million. The facility located in Las Animas County, Colorado will be named PSEG San Isabel Solar Energy Center. It will increase the capacity of PSEG Solar Source’s portfolio to 315 MW-dc. The PSEG San Isabel Solar Energy Center has […] Read more
Need to find ways for solar energy to become norm rather than exception: Piyush Goyal Updated On Mon, Mar 21st, 2016 by Saurenergy Union Minister of State (IC) for Power, Coal New and Renewable Energy Piyush Goyal at the launch of a report titled, “Scaling up Private Investment in Rooftop Solar” said that there is a need to find ways for solar energy to become norm rather than exception. Goyal said that people can benefit from generating rooftop […] Read more