Avaada Power Inks MoU to Set Up 500MW Solar Farms in Andhra Updated On Wed, Feb 28th, 2018 by Saurenergy The move will generate more than 1,200 employment opportunities in the state. Renewables developer Avaada Power has inked an Memorandum of Understanding (MoU) with the Andhra Pradesh government to develop 500MW of utility-scale PV projects, with an investment of Rs 35 billion (USD537 million). The Indian solar developer said that the projects in the state […] Read more
Sharp Signs Pact to Construct 48 MW Solar Power Plant in Vietnam Updated On Tue, Feb 27th, 2018 by Saurenergy The company’s 48 MW (DC) PV plant will be constructed in Thua Thien Hue Province in the North Central Coast region of Vietnam. Japanese electronics giant Sharp Corporation has inked a pact with the Gia Lai Electricity Joint Stock Company (GEC), a joint venture of the Thanh Thanh Cong Group (TTC Group), to construct a […] Read more
S’pore-based SolarHome Raises $1.2 mn in Convertible Note Offering Updated On Mon, Feb 26th, 2018 by Saurenergy The company to use funds to expand into dry zone in Myanmar and build out credit risk management function. A Singapore-based start-up, SolarHome, that provide Pay-As-You-Go (PAYG) solar off-grid solutions, has raised another USD 1.2 million in growth capital through an issue of convertible notes to a consortium of investors. The company to use funds to expand […] Read more
Canadian Solar Sells 142MWp Solar Assets to UK’s Greencoat Updated On Fri, Feb 23rd, 2018 by Saurenergy The 24 solar power plants will generate approximately 142,000 MWh of clean energy annually, sufficient for approximately 46,000 UK households and will reduce CO2 emissions by 56,800 tons per year. Canadian Solar has announced that it has completed the sale of a 142MWp solar portfolio to UK renewable energy investor Greencoat Capital LLP The solar […] Read more
Avaada Power to Invest Rs 10k cr to Set Up 1,600 MW Solar Projs in UP Updated On Thu, Feb 22nd, 2018 by Saurenergy The company’s projects will help the state in meeting its annual target of 2,000 MW production capacity of solar energy. Avaada Power, a clean energy company, has entered into a Memorandum of Understanding (MOU) with the Uttar Pradesh (UP) government during the Investors Summit 2018 to invest Rs 10,000 crore in setting up 1,600 MW solar projects. […] Read more
Solar Home Lighting System Powers Rural India Updated On Wed, Feb 21st, 2018 by Saurenergy With no energy costs and often simple installation, more and more people particularly in rural areas are putting their faith into the solar revolution and switching to harness energy from the sun by using solar home lighting systems. Recent advancements in the technology helped millions of households to use solar home lighting devices. The Solar […] Read more
Telangana to Develop Solar Power Storage in Batteries Updated On Wed, Feb 21st, 2018 by Saurenergy Telangana is now planning to develop solar power storage with the help of battery assisted system. Surpassing all Indian states, Telangana has topped the country by achieving 3,250 MW solar power capacity, an official said. At present, Telangana is followed by Rajasthan with 2,250 MW, Andhra Pradesh with 2,045 MW and Gujarat with 1,715 MW […] Read more
Eastman Auto and Power Launches Grid Tie Solar PV Inverter in India Updated On Thu, Feb 15th, 2018 by Saurenergy Grid Tie Solar PV inverters are designed to adhere to extreme weather conditions with maintenance efficiency. Solar solutions provider Eastman Auto and Power Ltd (EAPL) said it has launched its one of the most advanced ‘State of the art Grid Tie solar PV inverter’ in the Indian market. The company said in a statement that […] Read more
African Development Bank Plans to Bring Solar Power to Millions Updated On Sat, Feb 3rd, 2018 by Saurenergy African Development Bank is investing heavily in ways to help the estimated 640 million Africans who lack access to energy as well as protecting them against climate risks. In a significant development, the African Development Bank is unveiling its plan to help connect 29.3 million people in the continent with electricity by 2020. The bank […] Read more
