US discom seeks bids for 1300 MW of Wind, Solar Updated On Thu, Mar 17th, 2022 by Saurenergy Indiana Michigan Power (I&M), an American Electric Power company, has issued a request for proposals (RFP) for facilities that will generate approximately 800 megawatts (MW) of wind energy and approximately 500 MW of solar power. I&M’s invitation for bids offers private sector developers the opportunity to propose the best and most cost-effective projects to add significant […] Read more
IFC to advise on 600MW Solar Power Park in India Updated On Wed, Mar 16th, 2022 by Saurenergy International Finance Corporation (IFC), an institution of the World Bank that focuses on private sector funding and TUSCO Ltd, a Joint Venture Company of THDCIL and Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) have signed an advisory mandate with IFC. Under this mandate, which IFC will support TUSCO in the development of 600MW […] Read more
ThomasLloyd Energy Will Buy 43% Stake in SolarArise India Updated On Wed, Mar 16th, 2022 by Saurenergy The Indian Government has given a go ahead to the proposal of ThomasLloyd Energy Impact Trust Plc to purchase 43% stake in SolarArise India Projects Pvt Ltd. The deal comes at $34.6 million (Rs 265 crores approx.) That values Solar Arise at approx. Rs 620 crores. ThomasLloyd says that in the second quarter of this […] Read more
California-based Enphase Energy acquires SolarLeadFactory Updated On Wed, Mar 16th, 2022 by Saurenergy Enphase Energy, an energy technology company and a supplier of microinverter-based solar and battery systems, has announced the acquisition of SolarLeadFactory LLC. Founded in 2012, SolarLeadFactory provides high quality leads to solar installers. The company has joined Enphase with the objective of substantially increasing lead volumes and conversion rates to help drive down the customer […] Read more
Tobacco Major VST Industries Adds 1 MW Solar to HO Updated On Tue, Mar 15th, 2022 by Saurenergy As part of VST Industries commitment to sustainability, the Company has commissioned a solar plants totaling 1 MW for its manufacturing units. These plants will provide about 25 percent of the Company’s energy needs. This will result in cancelling out a total of 1310 MT of carbon dioxide emissions. Energy generated from these plants will […] Read more
Tamil Nadu to Add 20,000MW Solar Power by 2030 Updated On Mon, Mar 14th, 2022 by Saurenergy The Tamil Nadu Generation and Distribution Corporation (Tangedco) plans to spend about Rs 70,000 crore across Tamil Nadu to install 20,000 megawatt (MW) capacity of solar power plants by 2030. The DISCOM has come out with a tender inviting consultants for the project. A solar plant with a capacity of 1,000MW will be built by […] Read more
Solar Roof tiles Continue to make slow, steady progress Updated On Mon, Mar 14th, 2022 by Saurenergy Solar shingles, or solar roof tiles, are made of slim photovoltaic (PV) sheets that either overlay or replace the existing shingles on a roof. They absorb sunlight and convert it into electricity. The majority of shingles will produce anywhere between 13 and 63 watts of power and are outshined by panels in terms of efficiency […] Read more
Kolkata-based solar PV cell maker raises Rs 170 crore Updated On Mon, Mar 14th, 2022 by Saurenergy Kolkata-based Solar photovoltaic (PV) cell manufacturer Jupiter International has raised ₹170 crore from funds managed by wealth management firm Edelweiss Alternative Asset Advisors (EAAA). The funds will be utilised as growth capital to enhance its manufacturing capacity, the Kolkata-based company said on Sunday. The company plans to set up a new greenfield capacity of 2,000 […] Read more
Nagaland Will Develop its First Solar Power Project in Dimapur Updated On Fri, Mar 11th, 2022 by Saurenergy The state government of Nagaland has signed a power purchase agreement (PPA) with Hyderabad based Halo Energie Pvt Ltd to develop Nagaland’s first greenfield solar power project in Dimapur. Halo Energie is an independent power producing company. As per the details, the solar power project will be of 20MW and constructed over more than 120 […] Read more