ADB Expands Clean Energy Project in India with AIIB Co-financing Updated On Thu, Sep 28th, 2017 by Saurenergy The ADB financing comprised a $500 million government-backed loan and a further $500 million in non-sovereign lending to India’s national transmission company, Power Grid Corporation of India Limited (POWERGRID). The Asian Development Bank (ADB) has agreed to finance additional power transmission network components with co-financing from the Asian Infrastructure Investment Bank (AIIB) that will connect […] Read more
NTPC Invites Bid for 225MW of Solar Under DCR in Uttar Pradesh Updated On Thu, Sep 28th, 2017 by Saurenergy The 225MW solar power project tender comes under the Domestic Content Requirement (DCR) category, which mandates equipment to be sourced locally. India’s largest utility NTPC has invited bids from eligible bidders on Single Stage Two Envelope Basis (i.e. Envelope-I: Techno-Commercial Bid and Envelope-II: Price Bid) with Reverse Auction for development of aforesaid 225 MW Solar […] Read more
Aiko Solar Bifacial Solar Cell Updated On Thu, Sep 28th, 2017 by Saurenergy Product Brief: Aiko Solar Energy Techno-logy Co. Ltd. (Aiko Solar), merchant solar cell producer has launched a high-efficiency P-type mono-PERC (Passivated Emitter Rear Cell) bifacial solar cell with front-side cell efficiency >21% and rear-side >15%. The company showcased the bifacial cell at SNEC 2017. Product Feature: Aiko Solar’s high-efficiency P-type mono-PERC bifacial cells use a […] Read more
TMEIC Setups a Newly Established Power Electronics Factory in Karnataka Updated On Thu, Sep 28th, 2017 by Saurenergy The newly established a factory of TMEIC is built to further reinforce company’s power electronics business in India. Toshiba Mitsubishi-Electric Industrial Systems Corporation (hereinafter, “TMEIC”; President & CEO Masahiko Yamawaki) has newly established a power electronics factory in Tumakuru district near Bengaluru, Karnataka State, in India. The new factory which is expected to be fully […] Read more
Viz-A-Viz with Lior Handelsman, VP of Marketing and Product Strategy | Founder | SolarEdge Updated On Thu, Sep 28th, 2017 by Saurenergy Q. Please give us an overview of SolarEdge’s India operations and product offerings? What are the new products you are planning to bring in India? The first SolarEdge system was installed in India approximately three and a half years ago and the system has performed well, surpassing the customer’s expectations. SolarEdge systems have been installed on […] Read more
JLM Energy announces $25-million project finance investment Updated On Wed, Sep 27th, 2017 by Saurenergy The investment was arranged by GoldenSet Capital Partners as subadvisor to the North Sky Alliance Fund II. CohnReznick Capital was the advisor to JLM Energy in this transaction. JLM Energy, a renewable energy technology company, has announced that it has secured $25 million to finance distributed energy storage projects for Commercial & Industrial (C&I) customers. […] Read more
REC Group Receives Prestigious Solar + Power Award for Its Twinpeak 2 Solar Panel Updated On Wed, Sep 27th, 2017 by Saurenergy The ‘Silicon Module Award’ category recognizes achievements in delivering high quality products that establish, support or exceed industry standards. This is the second Solar + Power industry award for REC Group and the second time its innovative TwinPeak technology based on half-cut multicrystalline PERC cells has been awarded. REC Group has again been distinguished with […] Read more
Azure Power Bags 260 MW Solar Power Project in Gujarat Updated On Wed, Sep 27th, 2017 by Saurenergy The 260 MW allocation is the largest allocation by GUVNL to a solar power developer, 52% of the total allocated capacity of 500 MW announced. Azure Power will provide power for 25 years to GUVNL which has been rated AA- by ICRA, a Moody’s company, at a tariff of INR 2.67 (~US$ 0.04) per kWh. […] Read more
Siemens Gamesa Wins First Order For a Hybrid Wind-Solar Project in Karnataka Updated On Wed, Sep 27th, 2017 by Saurenergy The Wind Solar Hybrid (WiSH) project constitutes the hybridization of an existing 50 MW wind farm with a 28.8 MW solar power plant to be executed in the state of Karnataka, the company said in a statement. Siemens Gamesa has been mandated to develop India’s first large commercial hybrid wind-solar project, where a 28.8-MW solar […] Read more
