SECI Setting up of Rs 1500 Cr Payment Security Fund for VGF Scheme under JNNSM Updated On Sat, Aug 20th, 2016 by Saurenergy Government of India launched Jawaharlal Nehru National Solar Mission in January 2010 and set a target of 1, 00,000 MW of grid connected solar power by 2022 to address India’s energy security challenge. The Government of India introduced the concept of viability gap funding mechanism in implementation of JNNSM Phase II wherein solar projects are […] Read more
SMA taking over complete technical operational management of largest PV farm in Denmark Updated On Fri, Aug 19th, 2016 by Saurenergy SMA Solar Technology AG has announced that it is taking over complete technical operational management of Denmark’s largest PV farm on behalf of WIRCON GmbH. The PV farm near Lerchenborg has been on the utility grid since December 2015, it generates approximately 60 million kWh of electric current per year, which is enough to supply […] Read more
AES to install and commission two energy storage arrays totaling 37.5 MW for SDG&E Updated On Fri, Aug 19th, 2016 by Saurenergy The subsidiary of AES Corporation, AES Energy Storage has entered into two contracts with San Diego Gas and Electric (SDG&E). AES will deploy 37.5 MW of Advancion Energy Storage Arrays at sites in San Diego County, California. The SDG&E-owned energy storage arrays will help to improve regional reliability and integrate greater amounts of renewable energy […] Read more
Madhya Pradesh Government to provide state guarantee for 750MW park Updated On Wed, Aug 17th, 2016 by Saurenergy The Indian state of Madhya Pradesh is planning to extend its guarantee to developers bidding for 750 MW in the Rewa Ultra Mega Solar Park, so that payments will be met by the government in the case of any default from the off-takers. The project will be one of the biggest in the state, and […] Read more
RPO enforcement and REC markets need to be revived and net metering needs to be simplified: Kunal Chandra, head of PROINSO India Updated On Tue, Aug 2nd, 2016 by Saurenergy PROINSO has two divisions; Distribution & Integration and EPM (Engineering, Procurement and Management) for projects. The company offer supply and services to installers, construction companies and clients for utility, commercial and residential projects worldwide. With decade of solar experience, Proinso has 27 offices across 6 continents. Kunal Chandra, head of PROINSO India shares with us […] Read more
There is no plan or attempt on EDF’s or EREN’s part to get out of the Indian market or anything like that: Samir Sharan, CEO – ACME Cleantech Solutions Pvt. Ltd. Updated On Tue, Aug 2nd, 2016 by Saurenergy The ACME Group is one of the top player in the field of clean energy with operations in solar power generation, lithium-ion based energy storage solutions and energy management of telecom towers in India. It pins itself as a pioneer in the development of green technology solutions that are environment friendly, energy efficient, frugal and […] Read more
RE Industry gears up for Renewable Energy India 2016 Expo Updated On Fri, Jul 22nd, 2016 by Saurenergy UBM India is all set to host the 10th edition of its flagship event, Renewable Energy India Expo (REI) scheduled from 7th to 9th September 2016 at the India Expo Center, Greater Noida. India’s green economy community and participants from overseas will congregate at the REI Expo to discuss industry trends, challenges and market insights […] Read more
8minutenergy Secures $21 Million USD Letter of Credit Facility from Rabobank Updated On Fri, Jul 8th, 2016 by Saurenergy 8minutenergy Renewables has secured a $21 million USD letter of credit facility from Rabobank. The purpose of the credit facility is to enable 8minutenergy’s utility-scale solar development activities across North America, including supporting the execution of Power Purchase Agreements and Interconnection Agreements associated with projects in various stages of development. “We are thrilled to be […] Read more
30 percent of 472 villages electrified this month are off-grid Updated On Wed, Jun 29th, 2016 by Saurenergy According to the Rural Electrification Corporation (REC), electrification of 472 villages was completed this month (6june-28june) and about 142 of them got an off-grid connection. Solar PV has remained the most deployed off-grid connection in the country, with total installed capacity of 7.5GW as of May 2016. Nine out of eleven projects sanctioned under renewable […] Read more
