ACME to sell 275MW of its operational solar assets to IDFC Alternatives: Report Updated On Thu, Jun 16th, 2016 by Saurenergy IDFC Alternatives is reportedly gearing up to buy 275 megawatts (MW) of operational solar assets from ACME Solar. Livemint citing sources reports that the deal between the two companies will likely close in stages as “IDFC will need separate approvals from the lenders of the various assets and other approvals as per the power purchase […] Read more
Con Edison, SunPower partners on 4MWh solar + battery storage project in New York Updated On Thu, Jun 16th, 2016 by Saurenergy Con Edison and SunPower has partnered on a pilot project to offer solar power systems with battery storage to more than 300 New York homeowners. Hundreds of homes with solar power and battery storage will provide the utility with a cost-effective and innovative “virtual power plant,” and homeowners with a backup system in case of […] Read more
SunPower to construct a 7.75-megawatt solar power system at Toyota headquarters Updated On Wed, Jun 15th, 2016 by Saurenergy Toyota has announced that SunPower is designing and plans to construct a 7.75-megawatt solar power system at its North American headquarters in Plano, Texas The 7.75-megawatt solar power system is expected to generate 25 percent of the headquarters’ total electricity deman. The project will be comprised of three solar carport structures using high efficiency SunPower […] Read more
Havells India forays into solar business Updated On Tue, Jun 14th, 2016 by Saurenergy Havells India on Monday in a filing with the BSE informed that the Company is launching solar solutions including Solar power generating systems, Home lighting kits, Solar Pumps, Solar street lights etc. The company will start rolling out the solar products pan India in phases, starting from month itself. However, Havells did not reveal exact […] Read more
SolarMax Technology launches its first all-in-one, fully integrated energy storage system in US Updated On Tue, Jun 14th, 2016 by Saurenergy SolarMax Technology has launched its first integrated, all-in-one–FLEX energy storage system in the US market. The company in a statement said launch timing couldn’t be better, particularly in states with a high propensity for power blackouts. In California, for example, more than 500 outages occur statewide each year. Annual report data from the state’s Public Utilities Commission […] Read more
Varanasi Municipal Corporation to install solar panel in its offices Updated On Tue, Jun 14th, 2016 by Saurenergy The Varanasi Municipal Corporation has signed a Memorandum of Understanding (MoU) with Renewable Energy Corporation of India (RECI) to install solar panels in its offices across the five zones and 14 sub-zones. Varanasi Municipal Corporation is the first municipal corporation in the state that has entered into a bilateral agreement with RECI on solar energy. […] Read more
ABB connects 648 MW solar project in Tamil Nadu to the national transmission grid Updated On Mon, Jun 13th, 2016 by Saurenergy ABB has successfully commissioned solar photovoltaic project – made up of five plants in a single location. The mammoth 648 MW solar project at Kamuthi in the southern Indian state of Tamil Nadu connected by the company to the national transmission grid is the largest of its kind in the world. Adani Group in 2015 […] Read more
Adani Group bags bid to set up a 100 MW solar unit in Chhattisgarh Updated On Mon, Jun 13th, 2016 by Saurenergy Parampujya Solar Energy, an arm of Adani Green Energy has bagged a bid to set up a 100 MW solar power unit in Chhattisgarh. Parampujya Solar Energy sought the lowest viability gap funding (VGF) of Rs 59 lakh per MW among other bidders in the auction lead by SECI reports the ET. SECI’s reverse auction […] Read more
Tata Power Renewable Energy signs SPA to acquire Welspun Renewables Energy Updated On Mon, Jun 13th, 2016 by Saurenergy Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed a Share Purchase Agreement (SPA) with Welspun Energy (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”). It is estimated to be Rs 9,500 crore ($1.4 billion) deal. This is one of the largest transactions in renewables space in […] Read more
