Exide Acquires Stake in Cleantech’s 3 SPV’s For Procuring Energy From Solar Plants Updated On Sat, Apr 20th, 2019 by Saurenergy Exide Industries has announced that it has entered into 3 separate share subscription and shareholders agreements with Singapore-based Cleantech Solar Energy for three special purpose vehicle (SPV) companies. “Exide Industries Limited has entered into 3 separate SSSAs’ with Cleantech Solar Energy for 3 SPV companies for the purchase of energy from three Captive Power Plants […] Read more
Solar Power Can Convert India’s Energy Poverty to Energy Prosperity Updated On Sat, Apr 20th, 2019 by Saurenergy Over a period of one year, Samuday has invested close to Rs 30 crore towards establishing 14 solar mini grids, supplying power to over 900 households in 15 villages. It has also committed another Rs 3 crore to be spent every year over the next five years towards maintaining these grids. In a bid […] Read more
Altus Power Acquires 19 MW Operating Solar Portfolio in 3 US States Updated On Thu, Apr 18th, 2019 by Saurenergy The company has acquired the portfolio from a lender through a private foreclosure sale. Greenwich- based Altus Power has completed the acquisition of a multi-state 19 MW operating portfolio of ground-mounted solar assets. The company has acquired the portfolio from a lender through a private foreclosure sale. Further, this 19 MW DC portfolio of solar […] Read more
Telangana to Add 1,000 MW Solar PV Capacity by the End of 2019 Updated On Wed, Apr 17th, 2019 by Saurenergy Telangana stands at second position with a generation capacity of over 3,500 MW commissioned through solar energy, which is expected to touch 4500 MW by the end of the year. Telangana will add another 1,000 MW of solar energy capacity in next six to eight months taking the total installed capacity to over 4,500 MW in solar […] Read more
We Care Solar and Arrow Electronics Win 2019 Edison Award For Solar Suitcase Updated On Wed, Apr 17th, 2019 by Saurenergy The Edison Awards, named after Thomas Alva Edison, recognises and honours the world’s best innovators and innovations. Arrow Electronics and nonprofit We Care Solar have won a 2019 Edison Award for We Care Solar Suitcase 3.0, a portable and durable power system that provides sustainable energy for around-the-clock, effective obstetric care in remote and off-grid maternal health facilities around […] Read more
Delhi Metro Plans to Run All Operations on Solar Energy by 2021 Updated On Wed, Apr 17th, 2019 by Saurenergy The corporation will start getting 99 MW solar energy from the 750 MW Solar Power Park in Rewa, Madhya Pradesh from May 2019. Delhi Metro Rail Corporation (DMRC) which currently meets nearly 60 percent of its electricity needs from solar energy, plans to drive up that number to meet all its energy needs from clean […] Read more
Greenam Energy Installs Its 1st Floating Solar Plant at Tuticorin Updated On Tue, Apr 16th, 2019 by Saurenergy Greenam Energy, a wholly owned subsidiary of Singapore-based AM International Holdings, has set up its first floating solar power plant at Tuticorin. The 24 MW floating solar power plant would be one of its kind and is the first floating renewable energy initiative to optimise energy production in industrial plants, a company statement said. “Greenam […] Read more
Lubi Solar to Install Solar Water Pumps in Nagpur, Pune Updated On Tue, Apr 16th, 2019 by Saurenergy “The company has been awarded this contract after successful completion of performance test in record time in stringent condition at farmer’s place,” the spokesperson added. Lubi Solar, which is a division of Lubi Electronics, has bagged an order for installation, commissioning and maintenance of Solar Photovoltaic (SPV) water pumping systems in Nagpur and Pune cities […] Read more
Starbucks Invests in Solar Energy to Power 360 Stores in Texas Updated On Tue, Apr 16th, 2019 by Saurenergy Starbucks Coffee Company, Cypress Creek Renewables and U.S. Bank have announced that they are teaming up on a portfolio of solar farms across Texas. As a part of the deal, two solar farms developed, built and now operated by Cypress Creek, a leading solar solution provider, are providing enough energy for the equivalent of 360 […] Read more