ACME Solar Appoints Barclays, JPMorgan for private InvIT Updated On Wed, Oct 31st, 2018 by Saurenergy So far, only three companies—L&T Infra, IRB Infra and India Grid Trust—have tapped the InvIT route for fundraising Renewable energy company ACME Solar Holdings Ltd has hired two investment banks as the company looks to start work on its proposed infrastructure investment trust (InvIT) amid a prolonged delay in a planned initial public offering (IPO), […] Read more
PROINSO and Surya Energi Indotama Mini-Grid Expertise Recognised at Solar Power Portal Awards 2018 Updated On Wed, Oct 31st, 2018 by Saurenergy PROINSO, a global leader in the solar energy market, and its partner PT Surya Energi Indotama (SEI) have won the Solar Power Portal Award 2018 in the category “Community Solar Installation of the Year” for the 492kWp mini-grid project in Indonesia. PROINSO and its partner PT Surya Energi Indotama have completed over 40MWh of mini-grid projects in […] Read more
Rupee fall puts Rs 28,000 crore solar projects at risk Updated On Wed, Oct 31st, 2018 by Saurenergy With safeguard duty, this can crank up tariffs by 30 paise/unit for future projects Nearly half of the solar power capacities under implementation worth ~Rs 28,000 crore face viability risk because of the continuous fall in the rupee, which has made imported solar modules costlier and increased the cost of setting up solar plants. These […] Read more
Azure Power Raises over ~US$ 400 Million Since Fiscal First Quarter Updated On Tue, Oct 30th, 2018 by Saurenergy Azure Power has one of the largest solar portfolios in India The Company’s 2GW+ pipeline has a weighted average tariff ~17% higher than the lowest solar bid in the market With the recent equity and debt financings, Azure Power is one of the best capitalized solar companies in India Azure Power (NYSE: AZRE), one […] Read more
Canadian Solar and PKA Complete a Large Scale Solar Transaction in California Updated On Tue, Oct 30th, 2018 by Saurenergy Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, and Pensionskassernes Administration (“PKA”), one of Denmark’s largest pension service providers, today announced Recurrent Energy, LLC (“Recurrent Energy”), a wholly owned subsidiary of Canadian Solar, has finalized a transaction with PKA for its interests in two solar photovoltaic projects. In a deal valued around 2 […] Read more
SolarReserve to Get US’ $2 Mn SETO Award to Advance CSP Research Updated On Mon, Oct 29th, 2018 by Saurenergy The company was selected as a part of the Energy Department’s FY2018 SETO funding program, an effort to invest in new projects that will lower solar electricity costs and support a growing solar workforce. Solar power projects developer SolarReserve was selected to receive a USD 2 million award from the US Department of Energy Solar Energy Technologies […] Read more
Results of E-Bidding and E-RA for 1200 mw ISTS-Connected Wind Power Projects (Tranche-v) Updated On Sat, Oct 27th, 2018 by Saurenergy SOLAR ENERGY CORPORATION OF INDIA LIMITED Selection of 1200 MW ISTS-connected Wind Power Projects (Tranche-V) (RfS No: SECI/C&P/WPD/1200MW/T5/RfS/022018 dated 30.06.2018) After Technical Bid Opening After e-Reverse Auction (held on 25.09.2018) Sl. No. Bidder’s Name Capacity (MW) Bidder’s Name Bidder’s Quantity (MW) Tariff (INR/kWh) Awarded capacity (MW) 1 Alfanar Company 300 Torrent Power Limited 115 2.76 […] Read more
SECI Extends Bid Submission Deadline for 750MW Solar Project in Rajasthan Updated On Thu, Oct 25th, 2018 by Saurenergy The deadline for bid submission against the above RfS has been extended to 02.11.2018 (upto 1600 hrs IST), SECI. The Solar Energy Corporation of India (SECI), an arm of the Ministry of New and Renewable Energy (MNRE), has extended the bid submission deadline for ‘selection of solar power developers for setting up of 750 MW […] Read more
Trina’s 400W+ Solar Modules May Prove to be Boon for Cities with Lesser Space Updated On Thu, Oct 25th, 2018 by Saurenergy These 400W+ solar modules, based on half-cut multi-busbar technology, will be helpful in significantly increasing the power density as compared existing technologies. In today’s scenario where many hi-tech cities across the world are dealing with scarcity of land, Chinese solar giant Trina Solar’s R&D team is currently working on developing a 400 watt-plus (400W+) modules […] Read more
