Genex Power Appoints UGL as Preferred EPC Contractor for 270MW Kidston Solar Power Project Updated On Thu, Dec 14th, 2017 by Saurenergy UGL is a wholly-owned subsidiary of Australian publicly listed company CIMIC Group Limited, which is a world-leading infrastructure, mining, services and public private partnerships group. Genex Power Limited has announced the appointment of UGL as EPC in relation to the development of the 270MW Kidston Stage 2 Solar project (K2-Solar) at Kidston, North Queensland. The […] Read more
Saudi Arabia to Establish $51.22 Million Solar Plant in Bangladesh Updated On Thu, Dec 14th, 2017 by Saurenergy The solar power plant is expected to produce 40MW to 100 MW of power in Bangladesh and will be completed within six months. Saudi Arabia has signed solar power agreement in Dhaka to set up $51.22 Million solar plant in Bangladesh. The agreement was signed between the Federation of Bangladesh Chambers of Commerce and Industry […] Read more
Scatec Solar Secures 40 MW Solar Power Project in Malaysia Updated On Thu, Dec 14th, 2017 by Saurenergy The solar power plant, located in Northwest Malaysia, is expected to produce 65 GWh of electricity per year with annual revenues of about USD 6 million. Scatec Solar and Fumase have won the contract to develop a 40 MW solar power project in a tender held by the Energy Commission in Malaysia. The power plant, […] Read more
GST Increases Cost of Solar Projects by 12 Percent, Says AISIA Updated On Wed, Dec 13th, 2017 by Saurenergy Under the current GST regime, “solar power cost will see upward escalation”, the All India Solar Industries Association said. The Goods and Services Tax (GST) has led to 10-12 percent rise in overall cost of solar projects, the All India Solar Industries Association has said, while petitioning the government against the rise in tax incidence […] Read more
Solar Panel Warranty Insurance Policy Introduced by ICICI Lombard Updated On Wed, Dec 13th, 2017 by Saurenergy The park developers and park owner will be the sole beneficiary as insured, which the Solar Panel Warranty Insurance aims to cater at large. Solar park developers can now be covered by ICICI Lombard General Insurance, the company recently announced. While announcing the company stated “The standalone insurance product gives comfort to lenders and investors […] Read more
Mumbai Temple Harnesses Solar Power to Reduce Annual Power Bills By 40 Percent Updated On Wed, Dec 13th, 2017 by Saurenergy The prominent Manas Mandir derasar in Shahapur has installed solar rooftop panels that will reduce pollution and save 40 percent of its annual cost of electricity. Many Mosques and temples in several parts of India have started to harness electricity from renewable energy sources. This time, the prominent temple in Mumbai, Manas Mandir derasar in […] Read more
KOR Energy Bags Orders For 2.8MWp Rooftop Solar Power Plants Updated On Tue, Dec 12th, 2017 by Saurenergy REC Solar twinpeak modules and ABB Invertors are being used in these solar power plants to ensure maximum efficiency and performance consistency. A solar power company, KOR Energy (India) Pvt. Ltd. has bagged orders from four companies for rooftop solar plants in the industrial area of Uttar Pradesh. Of the total 2.8MWp, 1200KWp rooftop solar […] Read more
African Development Bank Grants $265M Loan for Two Solar Power Plants Updated On Tue, Dec 12th, 2017 by Saurenergy The bank has committed $265 million for Morocco where two solar power plants named NOORM I and NOORM II with a combined capacity of 800MW The African Development Bank (AFDB) has approved $324 million loan for two renewable energy projects in Africa. The Bank has set aside US$265 million for two solar power plants named […] Read more
China Starts World’s Biggest Floating Solar Project Updated On Mon, Dec 11th, 2017 by Saurenergy The one billion yuan floating solar power project in Anhui province, developed by the Three Gorges Group, is to be constructed in May next year. China’s Three Gorges Group is building a 150-megawatt floating solar plant in the eastern part of country, the largest of its kind in the world, official Xinhua news agency reported. […] Read more
