Rooftop solar units from third party costs 40 percent cheaper than DISCOMs Updated On Thu, Dec 22nd, 2016 by Saurenergy Rooftop solar units installed on industrial and corporate establishments by third parties are offering power 30-40% cheaper than the rates offered by the state’s power distribution companies. This gap is expected to widen further as thermal power companies would need to increase tariffs to accommodate inflationary measures and solar modules prices fall further. The model […] Read more
GCC Solar Equipment Market to Reach $8.8 Billion by 2022 – Increased Focus on Renewable Sources – Research and Markets Updated On Thu, Dec 22nd, 2016 by Saurenergy Research and Markets has announced the addition of the “GCC Solar Equipment Market (2016-2022): Market Forecast by Types, Countries and Competitive Landscape“ report to their offering. Growing energy requirements, infrastructure development, decrease in global oil prices along with the increased focus on renewable sources especially solar energy are some of the key factors that would spur the demand […] Read more
NDB signs first loan agreement for financing Shanghai Lingang distributed solar power project Updated On Thu, Dec 22nd, 2016 by Saurenergy The People’s Republic of China and the New Development Bank signed a Loan Agreement approving the provision of RMB (CNY) 525 million (INR 512 million/ USD 75 million) sovereign project loan for the Bank’s first project in China – Shanghai Lingang Distributed Solar Power Project. The Loan Agreement was signed by Mr. Shi Yaobin, Vice […] Read more
RINL Commissions 5MW Grid-Connected Solar at Vishakhapatnam Steel Plant premises in Vizag Updated On Thu, Dec 22nd, 2016 by Saurenergy The corporate entity of Visakhapatnam Steel Plant, Rashtriya Ispat Nigam (RINL) has commissioned 5 MW of grid-connected solar at the Vishakhapatnam Steel Plant premises in Vizag reports Marcom Capital. The research firm notes that the projects were developed on a Build Own Operate (BOO) basis at a cost of about Rs.330 million ($4.86 million). A […] Read more
LG CNS bags contract for 55MW Yamaguchi Shin Mine Solar Power Project in Japan Updated On Wed, Dec 21st, 2016 by Saurenergy LG CNS has announced that it will construct a 55 Megawatt solar power plant in Shin Mine of Yamaguchi prefecture, Japan. The project amounts to approx. KRW 170 billion in size with the cost of construction and operation combined, and it will last about 18 months with the goal of commencing commercial operation in May […] Read more
Sewa International installs 5kw solar plant at tribal girls school in Kandhmaal, Odisha Updated On Wed, Dec 21st, 2016 by Saurenergy Sewa International under its Clean Tech Initiative has installed a 5kW solar power plant at tribal girls school, Jaleshpata Kanya Ashram in Kandhamaal district of Odisha. Kandhamal district came into existence on 1st January 1994, after Phulbani District was divided into Kandhamal and Boudh Districts of Odisha. The solar project installed with an aim to […] Read more
Aruna Sharma inaugurates 5MW solar plant in Visakhapatnam Updated On Wed, Dec 21st, 2016 by Saurenergy Dr. Aruna Sharma, Secretary Steel has inaugurated the 5 MW Solar Plant installed by RINL at a cost of Rs.33 crores in the presence of Shri P Madhusudan, CMD, RINL, Smt Urvilla Khati, Joint Secretary, Ministry of Steel and Directors of RINL in Vishakhapatnam. RINL has joined other major corporates in harnessing solar power with […] Read more
Azure Power announces successful installation and operation of its rooftop solar power plant for DMRC Updated On Wed, Dec 21st, 2016 by Saurenergy Azure Power has announced the successful installation and operation of its rooftop solar power plant for Delhi Metro Rail Corporation (DMRC) at the Sultanpur facility. This is the first phase of a 14 MW allocation by DMRC to Azure Power, one of the largest by DMRC to a solar power developer. The tariff on the […] Read more
First Funding agreement signed for ARENA’s program to accelerate the rollout of big solar projects Updated On Tue, Dec 20th, 2016 by Saurenergy Australian Renewable Energy Agency’s program to drive down the cost and accelerate the rollout of big solar projects has just seen the first funding agreement signed. The new agreement commits up to $8.9 million of ARENA funding towards Genex’s $126 million Kidston Solar Project in North Queensland. ARENA CEO Ivor Frischknecht said the Kidston project was […] Read more
