Valmont Buys Majority Stake in Solbras – Energia Solar Updated On Fri, Jun 5th, 2020 by Saurenergy Valmont Industries, US-based engineering and irrigation equipment manufacturer, has purchased the majority stake in a Brazilian company, Energia Solar do Brasil (Solbras), a leader in photovoltaic (PV) energy sector. Now, with immediate effect, the company will market under the Valley brand – a Valmont company. However, the company didn’t disclose the deal amount. Valley Irrigation […] Read more
Delayed Solar Development in Japan amid Covid-19 Likely to Facilitate Coal Usage Updated On Fri, Jun 5th, 2020 by Saurenergy Amidst coronavirus crisis, electricity demand in Japan like other countries has dropped significantly and thus resulted in a decline in power prices. This drop in demand and rise in solar power generation eventually driving down the wholesale electricity prices, as revealed by the data & analytics company. According to GlobalData, the ongoing economic contraction, delays […] Read more
SECI Reschedules Pre-bid Meeting for 2.5 GW Solar Projects in K’taka Updated On Thu, Jun 4th, 2020 by Saurenergy The Solar Energy Corporation of India (SECI) has rescheduled the pre-bid meeting for the Request for Selection (RfS) for 2500 MW (or 2.5 GW) ISTS-connected solar photovoltaic (PV) projects in Ultra Mega Renewable Energy Power Park (UMREPP), Koppal district, Karnataka. The information has been notified by SECI stating that “with respect to the RfS for […] Read more
ReneSola Signs Supply Pact with Zhejiang XunNeng for 800 MW Solar Modules Updated On Wed, Jun 3rd, 2020 by Saurenergy ReneSola, a leading solar photovoltaic (PV) module manufacturer, has entered into a framework agreement with Zhejiang XunNeng, a project developer, for the supply of 800 MW capacity of modules for the years 2020 and 2021. On the basis of their earlier successful cooperation, both the companies have decided to further extend their business relationship by […] Read more
DESRI Acquires 100 MW Utah Solar Project from Community Energy Updated On Wed, Jun 3rd, 2020 by Saurenergy In continuation of its 5th transaction with Community Energy, D. E. Shaw Renewable Investments (DESRI) has acquired the Hunter solar project of 100 MW capacity in Utah from a Pennsylvania-headquartered renewable energy project developer. Besides acquisition, DESRI has also closed on the financing and a tax equity commitment for this solar project. Further, this Hunter […] Read more
Sterling & Wilson Becomes 1st Indian Company to Commission Solar Project in Oman Updated On Tue, Jun 2nd, 2020 by Saurenergy Adding another feather in its cap, Sterling and Wilson Solar Ltd, one of the largest solar EPC solutions providers worldwide, commissioned its first 125 MW solar energy project in Oman and become the first Indian company to commission a photovoltaic (PV) project in the region. Commenting on the landmark achievement, Bikesh Ogra, Director and Global CEO of Sterling […] Read more
Solar Manufacturers Support Vocal-for-Local Program; Seek Level-Playing Field Updated On Tue, Jun 2nd, 2020 by Saurenergy The country’s leading solar photovoltaic (PV) manufacturers, including RenewSys, Vikram Solar and Webel Solar, have extended their support to Prime Minister Narendra Modi’s recent call for Vocal-for-Local program. However, they sought level-playing field for all irrespective of the area within the country. By welcoming the government’s move, Avinash Hiranandani, Global CEO & Managing Director of […] Read more
Top 10 Inverter Companies for Rooftop Solar in India Updated On Mon, Jun 1st, 2020 by Saurenergy With India signed the Paris accord in 2015 to reduce its carbon footprints significantly by 2030, the road towards increasing the clean energy generation in the country’s aggregate energy mix opened. It provides the country with a new vision of achieving higher targets of (175 GW) renewable energy by 2022 and dampens the fossil fuel-based […] Read more
Indian Navy’s ENC Commissions 2 MW Solar Plant at INS Kalinga Updated On Sat, May 30th, 2020 by Saurenergy With an aim to support the Government of India’s (GoI) initiative to promote solar energy, Indian Navy’s Eastern Naval Command (ENC) has commissioned a 2 MW solar photovoltaic (PV) power plant at INS Kalinga in Visakhapatnam. This solar project was commissioned by Vice Admiral Atul Kumar Jain, PVSM, AVSM, VSM, Flag Officer Commanding-in-Chief, ENC on […] Read more
