PSEG Solar Source Acquires 6.6 MW Solar Project from BayWa r.e. Updated On Tue, Nov 22nd, 2016 by Saurenergy PSEG Solar Source today announced it has acquired a 6.6 MW-dc solar energy facility from BayWa r.e. Solar Projects representing an investment of $12.2 million. The PSEG Hemlock Solar Energy Center is under construction and scheduled to begin operations later this year. The PSEG Hemlock Solar Energy Center has a 15-year power purchase agreement with […] Read more
Net-metering conflicts in the United States sets example for rooftop solar market in India Updated On Tue, Nov 22nd, 2016 by Saurenergy Rapid growth in the rooftop solar market of United States and the number of net-metering connections has given a rise to a battle-front between utilities on one hand and consumers & solar developers on the other hand. Utilities are arguing against the rationale of giving customers full retail credit for their excess energy and vigorously […] Read more
New Energy Policy aims to chart the way forward to meet the Government’s bold announcements: Piyush Goyal Updated On Tue, Nov 22nd, 2016 by Saurenergy The National Energy Policy (NEP) aims to chart the way forward to meet the Government’s bold announcements in the energy domain said Power, Coal, New and Renewable Energy and Mines Minister, Piyush Goyal in Rajya Sabha on Monday. Key four objectives of the new energy policy are access at affordable prices, improved energy security and […] Read more
Canadian Solar Reports Third Quarter 2016 Results Updated On Tue, Nov 22nd, 2016 by Saurenergy Canadian Solar Inc., one of the world’s largest solar power companies, announced its financial results for the third quarter ended September 30, 2016. Third Quarter 2016 Highlights Total solar module shipments were 1,185 MW, of which 1,161 MW was recognized in revenue, compared to 1,290 MW recognized in revenue in the second quarter of 2016, and […] Read more
14.30 GW Renewable Energy Capacity added during last two and half years: Piyush Goyal Updated On Tue, Nov 22nd, 2016 by Saurenergy Piyush Goyal, Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines in Rajya Sabha on Monday said that 14.30 GW of renewable energy capacity has been added during last two and half years under Grid Connected Renewable Power. 14.30 GW of renewable energy capacity added during last two and half years […] Read more
West Contra Costa Unified School District Goes Solar with SunPower Updated On Tue, Nov 22nd, 2016 by Saurenergy West Contra Costa Unified School District (WCCUSD) and SunPower Corp. will begin construction of SunPower Helix solar systems at 34 school sites in the East Bay region of the San Francisco Bay Area. The solar installations will include carports, shade structures and rooftop systems and will be constructed over the next year, with the first phase being […] Read more
MNRE has sanctioned Rs 67.01 Crore under Solar City Programme: Piyush Goyal Updated On Tue, Nov 22nd, 2016 by Saurenergy Minister of State for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal on Monday in Rajya Sabha said that the renewable energy ministry has sanctioned a total amount of Rs. 67.01 crore for preparation of master plans, solar city cells, promotional activities and installation of renewable energy projects and an amount of Rs. […] Read more
Global power and utilities deal value falls for fourth consecutive quarter in Q3 2016 Updated On Tue, Nov 22nd, 2016 by Saurenergy Global power and utilities deal value continued to decline for the fourth consecutive quarter — falling 8% to US$39.7b in Q3 2016 compared to the previous three months — according to the EY Power transactions and trends Q3 2016 report. Regulated network assets remained the investment of choice for buyers across regional markets seeking stable long-term returns. Transmission and […] Read more
India imported 84% of solar cells and modules from China in FY16 Updated On Mon, Nov 21st, 2016 by Saurenergy At least 84% of solar cells and modules imports were from China alone in 2015-16. As much as $1.96 worth of solar cells and modules were imported from China against the total imports of these equipment of $2.34 billion in 2015-16, New and Renewable Energy Minister Piyush Goyal stated in a written reply to Rajya […] Read more