Small Wind Solar Hybrid System to provide electricity to un-electrified areas: MNRE Updated On Thu, May 26th, 2016 by Saurenergy Ministry of New and Renewable Energy is implementing a programme to promote the installation of small wind solar hybrid systems. The objective of the programme is to provide electricity in unelectrified areas or areas with irregular electric supply. Under the programme, MNRE provides Central Financial Assistance (CFA) to community users for installation of such systems. […] Read more
Canadian Solar closes a USD 52 million project financing facility with BayernLB Updated On Tue, May 24th, 2016 by Saurenergy Canadian Solar announces that it has closed a £36.4 million (US$52 million) project financing facility with BayernLB to refinance a portfolio of four solar power plants, totaling 40.2 megawatts in the UK. This financing facility with BayernLB is non-recourse project finance, with a term of 17 years. “We are delighted to complete this project financing […] Read more
Mississippi Power and Origis Energy inaugurates 52MW solar facility in Lamar County Updated On Mon, May 23rd, 2016 by Saurenergy Mississippi Power and Origis Energy, along with officials from the Area Development Partnership and Lamar County, held a groundbreaking ceremony for state’s largest solar facility. The USD 100 million facility will generate 52MW electricity which can power approximately 8,000 homes, said the company in a statement. Mississippi Power will receive all energy and associated renewable […] Read more
ReneSola partners UCK Group to develop 116 MW solar power projects in Turkey Updated On Fri, May 20th, 2016 by Saurenergy ReneSola has partnered with a leading Turkish solar energy solution provider UCK Group to develop a pipeline of solar power projects in Turkey with a total installed capacity of 116 MW. All of the projects are unlicensed thus qualifying for the Feed-in-Tariff of $134/Mwh. As per the terms of the partnership agreement, UCK Group’s Berak […] Read more
sPower signs a deal with PG&E for three 20 MW solar projects Updated On Fri, May 20th, 2016 by Saurenergy sPower has signed a power purchase agreements (PPAs) with Pacific Gas and Electric (PG&E) for its forthcoming Californian solar projects. The independent power producer, sPower will construct and commission three PV facilities (20 MW each) dubbed Bayshore A, B, and C over the course of 2017 in Lancaster, California. These three solar power plants will […] Read more
HPSEBL and SECI joint venture Corporation to set up a solar power project in Kaza Updated On Thu, May 19th, 2016 by Saurenergy Himachal Pradesh Electricity Board Limited (HPSEBL) and Solar Energy Corporation of India (SECI) has formed a joint venture corporation (JVC) named Himachal Pradesh Solar Power Corporation Ltd to set up a solar power project in Kaza. PC Negi , MD of HPSEBL and managing director, SECI signed the agreement in the presence of Chief Minister […] Read more
ReNew Power & Hareon Solar JV Commissions 72 MW Project in Andhra Pradesh Updated On Tue, May 17th, 2016 by Saurenergy Leading solar players in the Indian and Chinese PV markets, ReNew and Hareon Solar Power has announced that their joint venture company has commissioned 72 MW solar PV plant project in Andhra Pradesh, India. The project, located across two districts of Andhra Pradesh – Kurnool and Prakasam – is expected to generate 115 million units […] Read more
World Bank approves $750 Million loan to Support India’s Grid Connected Rooftop Solar Program Updated On Tue, May 17th, 2016 by Saurenergy The World Bank Board has approved a $625 million loan to support the Government of India’s grid connected rooftop solar programme to generate clean energy. World Bank has also approved a co-financing loan of $120 million on concessional terms and a $5 million grant from Climate Investment Fund’s (CIF) Clean Technology Fund. The project will […] Read more
Punjab Govt. announces installation of world’s largest solar power roof top panel Updated On Mon, May 16th, 2016 by Saurenergy The Punjab government has announced installation of world’s largest solar rooftop panel at the Dera Baba Jaimal Singh Beas, in Amritsar. The project is expected to cost around Rs. 139 crores, it will cover a total area of 82 acres over eight shelters. Tata Power Solar has commissioned the 12 MW solar rooftop project for […] Read more