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IFC to invest up to USD 125 mn in Hero Future Energies

International Finance Corporation (IFC) has announced to invest up to USD 125 million with IFC Global Infrastructure Fund in Hero Future Energies. The USD 125 million of equity and proceeds will be used to fund the construction of solar and wind power plant projects. Hero Future Energies Pvt Ltd plans to have a total installed […]

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You would soon see higher capacity, higher power density inverters for the local markets: ABB

In an Exclusive interview with Saur Energy International – Xavier Scaria, LPG Manager – Solar Inverters, ABB asserted that the organization has a significant role to play in decoupling the growth of carbon emissions in a growing economy like India. He also pointed out about the company’s roadmap, project and challenges. Edited excerpts from the […]

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Renewable Energy Plans of NTPC Making Our Job Harder

Recently reports stated that India’s largest state owned electricity generator NTPC is gearing up to become the biggest renewable energy company in the next 10 years. It seems that this report did not go well down the esophagus of the renewable energy Industry. Vinay Kumar, COO at Greenko on professional networking site said that “these […]

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AES to install and commission two energy storage arrays totaling 37.5 MW for SDG&E

The subsidiary of AES Corporation, AES Energy Storage has entered into two contracts with San Diego Gas and Electric (SDG&E). AES will deploy 37.5 MW of Advancion Energy Storage Arrays at sites in San Diego County, California.  The SDG&E-owned energy storage arrays will help to improve regional reliability and integrate greater amounts of renewable energy […]

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PowerCare team from SunLink has expanded its installation services into the Northeastern US

The SunLink PowerCare team has announced that it has expanded installation services into the Northeastern United States. PowerCare is currently installing at a second GeoPro project across the state in Plymouth and is gearing up for 10 more projects in Massachusetts and Vermont in 2016. Simultaneously, the PowerCare team is also executing solar project services […]

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Madhya Pradesh Government to provide state guarantee for 750MW park

The Indian state of Madhya Pradesh is planning to extend its guarantee to developers bidding for 750 MW in the Rewa Ultra Mega Solar Park, so that payments will be met by the government in the case of any default from the off-takers. The project will be one of the biggest in the state, and […]

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We are Working with new Chemistries in line with Evolving Global Technological Trends

The attempt to divulge the Solar Storage sector was a contrary to popular opinion. Aspects, reasons and facts happen to assimilate a unanimous voice asserting “A Vision to accomplish”. The twig to the Industry-leading opinions seems to be ascertained with the Gigawatt dream of India. Luminous Power Technologies – the well-known pioneers in Home electrical […]

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Silicor Materials signs $8.9M USD Project Management Contract with AM Technical Solutions

Silicor Materials has signed a contract with AM Technical Solutions (AMTS) for the project management of Silicor’s first commercial-scale plant in Grundartangi, Iceland. Both the companies will work together for next 36 months to complete the 121,000 square-meter production facility, which will supply photovoltaic (PV) cell and module manufacturers around the world with at least […]

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