Govt to Solarize Konark Surya Mandir, Town in Odisha with 100% Financial Assistance Updated On Wed, May 20th, 2020 by Saurenergy After aiming for the complete solarization of sun-temple town in Gujarat’s Modhera, the Ministry of New and Renewable Energy (MNRE) has now issued fresh guidelines for 100 percent solarization of Konark sun temple, which is popularly known as Surya Mandir, along with the Konark town in Odisha. Through this scheme, the government aimed to meet […] Read more
Magenta Power Bags EPC Contract for Rooftop Solar Project in B’lore from HAL Updated On Wed, May 20th, 2020 by Saurenergy Magenta Power, an HPCL-backed startup offering green energy solutions, has successfully won the rooftop solar power project for providing engineering, procurement and construction (EPC) services from Hindustan Aeronautics Ltd (HAL) in Bangalore, Karnataka. HAL is an Indian state-owned aerospace and defence company headquartered in Bengaluru. Commenting on the project win, Maxson Lewis, Managing Director, Magenta […] Read more
Myanmar’s 1.06 GW Solar Tender – An Opportunity for Indian Developers Updated On Wed, May 20th, 2020 by Saurenergy The Ministry of Electricity and Energy (MOEE) of Myanmar has recently issued tender inviting bids from solar photovoltaic (PV) developers for the construction of multiple solar power plants across the country, with an aggregate 1.06 GW of capacity. Moreover, Myanmar’s Power Ministry is looking to build approx. 30 large-scale ground-mounted solar power plants with capacities […] Read more
India Adds 1043 MW of Utility-Scale Solar and Wind Capacity in Q1: BTI Updated On Wed, May 20th, 2020 by Saurenergy India added about 715 MW of utility-scale solar capacity and 328 MW wind capacity in the January to March quarter, according to a new report India added about 715 megawatts (MW) of utility-scale solar capacity in January-March 2020, down 67 percent from 2163 MW during the same period last year, a report said. According to […] Read more
AVANA Capital and SolRiver Close Construction Financing for Six Solar Projects Updated On Tue, May 19th, 2020 by Saurenergy SolRiver Capital has closed on USD 30 million of construction financing with AVANA Capital for a portfolio of six solar projects worth a combined 24 MW. SolRiver Capital, a solar investment fund that acquires and owns distributed generation and utility-scale projects, has announced that it has closed on USD 30 million of construction financing with […] Read more
Solar Companies Resume Manufacturing Cautiously after Govt Eases Lockdown Norms Updated On Mon, May 18th, 2020 by Saurenergy With India slowly opening up its economic activities again after total shutdown for many days amidst coronavirus lockdown, various companies across the clean energy space, whether top brands or startups are also resuming operations by reopening their factories and offices. Despite lockdown continued, the government has provided permission to various companies across sectors to reopen […] Read more
Etrion Sells 70% Stake in Solar Asset in Chile to Innergex for about $46.6 Mn Updated On Mon, May 18th, 2020 by Saurenergy Switzerland headquartered Etrion Corporation (Etrion) has completed the sale of its 70 percent shareholding in a solar photovoltaic (PV) power plant, PV Salvador SpA, in northern Chile, to Canada-based Innergex Renewable Energy Chile Spa. This is an independent solar power producer’s last sale of a non-core solar asset outside of Japan. Etrion owns and operates […] Read more
NTPC Tenders for Solar Modules Package for Solapur Project Updated On Mon, May 18th, 2020 by Saurenergy NTPC has issued a tender for the supply and installation of solar PV modules worth 33.6 MWp at the Solapur PV Project NTPC Ltd has issued a tender, inviting bids from eligible vendors and bidders for the supply and installation of solar PV modules worth 33.6 MWp at the Solapur PV Project in Maharashtra. The […] Read more
Validity of Solar Project Tariffs Extended Until Sept 30 in Uttarakhand Updated On Sat, May 16th, 2020 by Saurenergy UERC has extended the validity for the benchmark capital cost and levelised generic tariff for solar power projects in Uttarakhand until September 30, 2020. The Uttarakhand Electricity Regulatory Commission (UERC) has published a new order extending the validity period for the benchmark capital cost and levelised generic tariff for solar power projects in the state […] Read more