Sri Lanka is betting big on Solar and Wind energy sources through competitive bidding route Updated On Mon, May 22nd, 2017 by Saurenergy Sri Lanka also has an active rooftop solar power programme. The government is targeting such plants on at least one million roofs with an installed capacity of around 1,000 MW. With abundant wind and solar power potential, Sri Lanka is betting big on these electricity sources through competitive bidding for projects, a top government official […] Read more
Solar Alliance Targets Massachusetts as First New Market under Crius Solar Origination Agreement Updated On Sat, May 20th, 2017 by Saurenergy “Solar Alliance’s core competency is sales and marketing. Partnering with Crius Solar allows us to maintain our high margins and reduce overhead costs associated with the installation process. We believe this model allows for aggressive growth while maintaining fiscal responsibility” Solar Alliance Energy Inc. signs Solar Origination Agreement with Crius Solar, LLC (“Crius Solar”), an […] Read more
ISA countries support commissioning of a Study on CRMM for Solar Power Generation Projects in Solar Resource Rich Countries Updated On Sat, May 20th, 2017 by Saurenergy The proposed CRMM will offer a simple and affordable tool that will create a secure environment for private institutional investment in solar assets. Argentina, Burkina-Faso, Chad, France, India, Ivory Coast, Mali, Namibia, Niger, Nigeria, Sénégal, Uganda and Yemen have jointly supported commissioning of a study to define and structure a Common Risk Mitigation Mechanism (CRMM) […] Read more
Haryana govt. exempts solar devices from VAT to encourage manufacturing in the state Updated On Fri, May 19th, 2017 by Saurenergy Solar devices exempted from VAT includes solar lanterns, solar home systems, stand-alone street lighting systems, solar water heating systems, solar water pumping systems, solar cooker boxes and dish type, solar chargers or inverters and solar photovoltaic modules. The Haryana government has exempted solar devices, equipment or parts used in installation of solar power projects from […] Read more
Boost to India’s renewable energy plan as China steps-up investment in solar Updated On Fri, May 19th, 2017 by Saurenergy “Chinese investments in Indian coal projects have been declining. At the same time, Chinese investments in India on solar projects are slowly increasing,” India is treading a strong renewable energy path post-Paris Agreement as it witnesses a step-up in Chinese investments in solar energy. Additionally, there’s a significant slowdown in Chinese investments in thermal power […] Read more
Andhra Pradesh Government Plans to Float Tenders for Two Pilot Battery-Backed Solar Power Projects Updated On Thu, May 18th, 2017 by Saurenergy Andhra Pradesh Chief Minister N Chandrababu Naidu has emphasized the need to tap and store the solar power in reducing power charges. With rapid growth in the solar power capacity and changes in the battery backup technologies, the Andhra Pradesh Government plans to float tenders for two solar parks to be taken up on a […] Read more
ADB Issues Green Rupee-Linked Bond to Support Renewable Energy in India Updated On Thu, May 18th, 2017 by Saurenergy ADB’s green rupee-linked bond to support renewable energy in India carries a 6.00% interest rate with a 3.75-year maturity, falling due in February 2021. The bonds, which are denominated in Indian rupees but settled in US dollars, were underwritten by JP Morgan and TD Securities as Joint Lead Managers The Asian Development Bank (ADB) has […] Read more
Yingli Partners with ECrowd! to Offer Financial Products for Self-consumption solar PV Projects in Spain Updated On Thu, May 18th, 2017 by Saurenergy Yingli Spain will offer its clients the services of ECrowd! to extend the benefits by offering financing services for self-consumption photovoltaic projects Yingli Green has announced that it has signed a partnership agreement with ECrowd! in order to give more facilities to its clients when it comes to financing a project. With this agreement, Yingli […] Read more
Altus Power Energizes 10 MW New Jersey Solar Farm Updated On Thu, May 18th, 2017 by Saurenergy Altus Power notes that commencement of construction of solar farm, known as Spartan solar project occurred in September 2016 and involved hundreds of local jobs. Altus Power has announced the completion of construction and grid interconnection of a 10 MW ground-mounted solar energy system, in North Hanover Township, New Jersey. Altus Power notes that commencement […] Read more