IFC to invest up to USD 125 mn in Hero Future Energies Updated On Fri, Aug 26th, 2016 by Saurenergy 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 […] Read more
SMA introduces new Sunny Central 2500-EV-US central inverter Updated On Fri, Aug 26th, 2016 by Saurenergy SMA has started taking orders for its newest central inverter, which is not only ideal for 1500 VDC applications but is also UL certified to the new UL 62109 standard. The latest from SMA, Sunny Central 2500-EV-US offers 2500kVA at 1500 VDC, facilitating EPCs, developers and owners to benefit from cost reductions due to balance-of-system […] Read more
You would soon see higher capacity, higher power density inverters for the local markets: ABB Updated On Tue, Aug 23rd, 2016 by Saurenergy 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 […] Read more
SMA taking over complete technical operational management of largest PV farm in Denmark Updated On Fri, Aug 19th, 2016 by Saurenergy SMA Solar Technology AG has announced that it is taking over complete technical operational management of Denmark’s largest PV farm on behalf of WIRCON GmbH. The PV farm near Lerchenborg has been on the utility grid since December 2015, it generates approximately 60 million kWh of electric current per year, which is enough to supply […] Read more
Madhya Pradesh Government to provide state guarantee for 750MW park Updated On Wed, Aug 17th, 2016 by Saurenergy 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 […] Read more
Silicor Materials signs $8.9M USD Project Management Contract with AM Technical Solutions Updated On Thu, Aug 11th, 2016 by Saurenergy 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 […] Read more
Central Government should renew its focus on the DBFOT framework: Simarpreet Singh, Head – Strategy, Hartek Power Updated On Wed, Aug 10th, 2016 by Saurenergy Hartek Power Pvt Ltd is one of India’s fastest growing Engineering, Procurement and Construction (EPC) companies with expertise in executing high-voltage substation turnkey, rooftop solar projects and manufacturing a complete range of power distribution equipment/solutions to the needs of the industry and utilities. The company has four strategic business units—Power Systems, Rooftop Solar, Power Distribution […] Read more
There is no plan or attempt on EDF’s or EREN’s part to get out of the Indian market or anything like that: Samir Sharan, CEO – ACME Cleantech Solutions Pvt. Ltd. Updated On Tue, Aug 2nd, 2016 by Saurenergy The ACME Group is one of the top player in the field of clean energy with operations in solar power generation, lithium-ion based energy storage solutions and energy management of telecom towers in India. It pins itself as a pioneer in the development of green technology solutions that are environment friendly, energy efficient, frugal and […] Read more
Ministry of Power Raises RPO Trajectory for both Discoms and States Updated On Thu, Jul 28th, 2016 by Saurenergy Ministry of Power has raised the Renewable Purchase Obligations (RPO) trajectory for solar power in India. The Renewable Purchase Obligations makes it mandate for both Distribution Companies (Discoms) and states to purchase a certain percentage of their energy from renewable. Distribution Companies in India will now have to purchase 2.75% of their energy mix from […] Read more
