Sprng Buys Shapoorji Pallonji’s 194 MW Operational Solar Assets Updated On Mon, Apr 1st, 2019 by Saurenergy Shapoorji Pallonji Infrastructure Capital (SP Infra) has sold 194 MW of operating solar portfolio to Sprng Energy, a renewable energy platform in India by London-based private equity firm Actis. The deal size has not been disclosed. However, media reports suggest that solar asset’s enterprise value is close to $200 Million or over Rs. 13.8 […] Read more
$130 Mn Grant For Early-Stage Solar Research Project Updated On Sat, Mar 30th, 2019 by Saurenergy The U.S. Department of Energy (DOE) announced up to $130 million for new research to advance early-stage solar technologies. These projects will help to achieve affordable and reliable energy to enhance America’s economic growth and energy security. “Solar is an integral part of the Administration’s ‘all-of-the-above’ energy strategy,” said U.S. Secretary of Energy Rick Perry. “This cutting-edge, […] Read more
Kochi Metro Plans to Double its Solar Power Usage to 40 Percent Updated On Sat, Mar 30th, 2019 by Saurenergy The panels will be installed at four hectares of the marshy land at the Muttom Yard, adjacent to the Muttom Station on the KMRL metro line. The second phase powering of Kochi Metro with solar power will soon be inaugurated with the installation of panels at Muttom yard. The latest capacity additions are expected to bump the metro rail corps solar […] Read more
BHEL and GAIL Sign Pact For Co-Development of Solar Power Projects Updated On Sat, Mar 30th, 2019 by Saurenergy State-owned gas utility GAIL India Ltd has signed an agreement with Bharat Heavy Electricals Ltd (BHEL) for cooperation in the development of solar power projects. “GAIL shall be the project developer and BHEL shall act as an engineering, procurement, construction and project management contractor,” the company said in a statement. BHEL shall also provide operation and maintenance services during […] Read more
Tamil Nadu Issues New Guidelines For Net Metering of Rooftop Solar Consumers Updated On Sat, Mar 30th, 2019 by Saurenergy The Tamil Nadu Electricity Regulatory Commission (TNERC) in its latest order has issued new guidelines for net metering of rooftop solar plants in the state as a part of its state solar policy. The state passed its solar policy the ‘Tamil Nadu Solar Policy 2019’ earlier in February this year. The Policy was launched with […] Read more
Monitor Your PV Plant Remotely on IoT Based Scada Updated On Fri, Mar 29th, 2019 by Saurenergy For a Solar PV Plant Developer, getting the Inverter up, charging the switchyard and pumping power to the grid has been the primary focus. Installing SCADA ( Supervisory Control and Data Acquisition) which is a computer-based monitoring and control system used to gather and analyse the real-time data from the PV plant is still an […] Read more
Uzbekistan’s First Competitively Tendered Solar Project Receives Global Interest Updated On Fri, Mar 29th, 2019 by Saurenergy IFC, a member of the World Bank Group, is advising the government of Uzbekistan on a landmark PPP transaction that will lead to the creation of a 100 MW solar plant in Navoi region. This project will be the first phase of a larger government initiative to generate up to 1 GW of new solar […] Read more
Okaya Launches All-in-One Solar Power Generation System Updated On Thu, Mar 28th, 2019 by Saurenergy Okaya Power Pvt Ltd launches an all-in-one Solar Power Generation System to meet the demand for clean, renewable energy. A leader in the Indian battery and Inverter segment, Okaya Power has launched a new comprehensive range of Solar Power Generation System (SPGS) with an aim to meet the fast emerging demand from its esteemed […] Read more
Interview with Rajendra Kumar Parakh, CFO, Vikram Solar Updated On Thu, Mar 28th, 2019 by Saurenergy Availability of Domestic Finance at Viable Cost is Still a Distant Dream The only challenge that we can foresee is in terms of availability of finance and cost of finance available for renewable energy sector. Sources of finance for both solar manufacturing industry and solar deployment industry are scarce, a large part of funding comes […] Read more