Rooftop Solar Sector in India – Challenges and a Way Ahead Updated On Wed, Nov 1st, 2017 by Saurenergy Rooftop Solar Sector is going to be vital in achievement of Government targets for Solar Electricity Production in India. Many initiatives have been taken by Government for promotion of this sector in last couple of year. Some of them are: 1) Central Agency SECI and various state nodal agencies have come up with tenders for […] Read more
Tata Power Renewable Energy Completes 30 MW Solar Plant in Maharashtra Updated On Tue, Oct 31st, 2017 by Saurenergy With the acquisition of Welspun Renewables Energy Pvt. Ltd., TPREL’s portfolio has grown to 2.2GW. Tata Power Renewable Energy Ltd (TPREL), a subsidiary of private power manufacturer Tata Power has commissioned 30 Megawatt (MW) solar power plant at Satara in Maharashtra. Tata Power Renewable Energy mentioned in its statement that the plant will produce over 62 million kilowatt hour […] Read more
SunPower Granted Approval for Aerial Survey of Solar Power Plants in FAA Controlled Airspace Updated On Tue, Oct 31st, 2017 by Saurenergy With LAANC approval, SunPower will be able to use drones as part of the SunPower Oasis Power Plant platform to survey potential solar power plant sites for customers. SunPower has announced that it is the first company to receive approval from the U.S. Federal Aviation Agency (FAA) for automatic access to operate a drone in […] Read more
Tata Power Delhi Distribution and GIZ Sign MoU for Renewable Energy Updated On Tue, Oct 31st, 2017 by Saurenergy The Memorandum of Understanding includes Tata Power and GIZ to work jointly for the achievement of common goals and utility objectives related to promotion of grid-connected solar rooftop PV, energy storage system, electric vehicle and smart grid initiatives. Tata Power Delhi Distribution, India’s leading power distribution company and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have […] Read more
UK Climate Investments and Lightsource Tie-up for Solar Power Projects in India Updated On Tue, Oct 31st, 2017 by Saurenergy UK Climate Investments will provide 49 percent equity for the construction of the first project partnership with Lightsource to develop and construct up to 300MW of solar power projects. Lightsource Renewable Energy and UK Climate Investments, part of the Green Investment Group within Macquarie Infrastructure and Real Assets, have entered into a partnership agreement to […] Read more
State Bank of India Floats Fund for Solar Power Projects Updated On Tue, Oct 31st, 2017 by Saurenergy SBI has funded 43 rooftop solar power projects with the capacity of 475MW by availing line of credit from World Bank. State Bank of India has signed an agreement with seven companies for funding rooftop solar power projects. The seven companies include Adani Group, JSW Energy, Hinduja Renewables, Tata Renewables Energy, Azure Power, Cleantech Solar […] Read more
Indian Solar Power Market Witnesses Change in Demand-Supply Landscape Updated On Mon, Oct 30th, 2017 by Saurenergy Lack of visibility over project pipeline is forcing solar power developers to bid aggressive tariffs and reconsider strategic options including consolidation. The Indian solar power market is being tested to its limits. GST has increased execution costs. Module prices have shot up when bidders were factoring in another 20% price decline by the end of […] Read more
Scatec Solar Closes Financing for 400MW Solar PV Plant in Egypt Updated On Mon, Oct 30th, 2017 by Saurenergy The six solar PV projects totaling 400MW involving a total investment of USD 450 million are located in the Benban solar park in Aswan in Upper Egypt. Scatec Solar ASA (SSO) and partners have achieved financial close for six solar PV power plants in Egypt totaling 400 MW. A consortium of international Development Finance Institutions […] Read more
Powering the future: WElink to start Solar power project in Europe Updated On Mon, Oct 30th, 2017 by Saurenergy Dublin-headquartered modular home builder and solar power developer WElink Group is to develop a £200million, 220MW solar farm in Portugal. WElink energy has started construction to build largest privately funded farm solar in Portugal. This power plant will contains 221 MW power and will be unsubsidized. As company claimed it will be the Europe’s biggest […] Read more
