Marathon Capital Announces the Successful Closing of Empower Energies’ DG Solar Fund Updated On Thu, Dec 1st, 2016 by Saurenergy Marathon Capital is pleased to announce the successful closing of the Empower Energies, Inc. (“Empower” or the “Company”) Distributed Generation Fund (“DG Fund”) for commercial and industrial (“C&I”) photovoltaic solar projects originated and developed by Empower and its co-development partners. Marathon Capital served as the exclusive financial advisor and evaluated a variety of tailored, structuring […] Read more
What’s Stored in the Solar Storage Updated On Thu, Dec 1st, 2016 by Saurenergy The war of storage is no novice in the generation of digital transformation. Perhaps, the word storage can be framed with human evolution as we dignified civilization and society further to individual home, hence imagining a home is also a fact of storage where it composites humans and their endeared beholdings. Now, the fact of […] Read more
Jharkhand To Sign PPAs For A Total Of 1.1 Gw Solar Projects By Third Week Of December: Report Updated On Thu, Dec 1st, 2016 by Saurenergy Jharkhand is expected to sign power purchase agreements (PPAs) for a total of 1.1 GW solar projects by the third week of December 2016. These solar PV projects were auctioned early this year but were stalled due to differences between DISCOMs and developers over the quoted tariff. A Jharkhand Renewable Energy Development Agency (JREDA) official […] Read more
DEWA signs PPA with Masdar for third phase of the Mohammed bin Rashid Al Maktoum Solar Park Updated On Wed, Nov 30th, 2016 by Saurenergy Dubai Electricity and Water Authority (DEWA) has signed a Power Purchase Agreement (PPA) with Abu Dubai Future Energy Company (Masdar), for the 800MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park. The agreement was signed by Saeed Mohammed Al Tayer, MD & CEO of DEWA, and Dr Sultan Ahmed Al Jaber, UAE […] Read more
Infosys generates solar energy at 2.85/kWhr, plans expansion Updated On Wed, Nov 30th, 2016 by Saurenergy The cost of solar power has dipped well below the 3-mark, if software major Infosys is any example. Infosys’ Executive Vice-President, U Ramadas Kamath said that the company has 6.6 MW of ground mounted solar capacity (and another 600 kW on the roofs) at its Hyderabad facility. The cost of generation of electricity, averaged over […] Read more
Power generation from renewable energy sources increased to 7.54%: Piyush Goyal Updated On Tue, Nov 29th, 2016 by Saurenergy Clean energy share has increased to 7.54% of the India’s total power generation during April-September this fiscal. During this time frame the total power generation of 47.62 billion units out of 631.84 billion units was from renewable energy sources said New & Renewable Energy Minister Piyush Goyal in Rajya Sabha. Goyal in a statement said […] Read more
Solar developers seems least interested for TANGEDCO’s solar projects Updated On Mon, Nov 28th, 2016 by Saurenergy In October, Tamil Nadu Generation and Distribution Corporation Limited floated a tender for 500 MW of utility scale solar projects. The tender received limited interest and that too predominantly from smaller developers who have submitted 20 bids totaling just 116 MW. This tender from TANGEDCO follows an allocation of approx. 1200 MW in early 2015 […] Read more
CREAD Starts Process Of Installing Grid Connect Rooftop Solar PV Systems Across The State Updated On Mon, Nov 28th, 2016 by Saurenergy Chhattisgarh Renewable Energy Development Agency (CREDA) has reportedly stated the process for installing grid connected roof-top solar PV plants across the State. According to The Pioneer CREDA will install solar plants on the rooftop of several establishments in the state. With the installation of rooftop solar photovoltaic power plants the state is expected to obtain […] Read more
Intersolar steps into one of the most promising, but challenging solar markets Updated On Sat, Nov 26th, 2016 by Saurenergy The Iranian Deputy Minister for Energy, Dr. Sattar Mahmoudi, and the Managing Director of the Renewable Energy Organization of Iran (SUNA), Dr. Mohammad Sadegh Zadeh, welcomed more than 400 attendees, twice as many as expected, at the first Intersolar Summit Iran in Tehran on November 15, 2016. Main discussions were about grid-integration solutions, financing and […] Read more
