US’ DFC Okays $350 Mn for Development in India Including over $200 Mn for Solar Updated On Fri, Jun 5th, 2020 by Saurenergy The US-Based Development Finance Corporation (DFC) has sanctioned about $350 million of investment for development in India under various projects including more than $200 million for the solar energy projects. DFC is an independent agency of the US Government that provides financing for private development projects. This investment is part of the $1 billion of […] Read more
Backsheet – a Guard for your Solar Modules Updated On Fri, Jun 5th, 2020 by Saurenergy With the huge thrust on Renewable Energy Segment, a rapid growth of Global Solar PV market has been observed in the last five years. Lot of new demands were created – utility scale and roof-top segment have been phenomenal across the World. But often it has been observed that quality issues with the solar module […] Read more
Valmont Buys Majority Stake in Solbras – Energia Solar Updated On Fri, Jun 5th, 2020 by Saurenergy Valmont Industries, US-based engineering and irrigation equipment manufacturer, has purchased the majority stake in a Brazilian company, Energia Solar do Brasil (Solbras), a leader in photovoltaic (PV) energy sector. Now, with immediate effect, the company will market under the Valley brand – a Valmont company. However, the company didn’t disclose the deal amount. Valley Irrigation […] Read more
Delayed Solar Development in Japan amid Covid-19 Likely to Facilitate Coal Usage Updated On Fri, Jun 5th, 2020 by Saurenergy Amidst coronavirus crisis, electricity demand in Japan like other countries has dropped significantly and thus resulted in a decline in power prices. This drop in demand and rise in solar power generation eventually driving down the wholesale electricity prices, as revealed by the data & analytics company. According to GlobalData, the ongoing economic contraction, delays […] Read more
Europe’s Wind & Solar Installations Will Need Grid Flexibility to Succeed: WoodMac Updated On Fri, Jun 5th, 2020 by Saurenergy A combination of wind and solar power, otherwise known as Variable Renewable Energy (VRE), could make up the largest share of power capacity throughout Europe’s major markets – Great Britain, Germany, France, Italy and Spain – as early as 2023, according to a new analysis from Wood Mackenzie. And the success of Europe’s transition to […] Read more
PEDA Issues Tender for 2 MW Solar Project in Himachal Pradesh Updated On Fri, Jun 5th, 2020 by Saurenergy PEDA on behalf of BBMB has issued an RfP for setting up solar PV projects of 2 MW capacity at the Neilla Bhakra Dam Village in Bilaspur, Himachal Pradesh. The Punjab Energy Development Agency (PEDA) on behalf of Bhakra Beas Management Board (BBMB) has issued a Request for Proposal (RfP), inviting bids from eligible bidders […] Read more
Railways provides a 3 GW Boost for Solar targets Updated On Fri, Jun 5th, 2020 by Saurenergy The Engineering and Consultancy firm RITES Ltd, which executes key projects specifically for the Indian Railways, announced yesterday that its subsidiary Railway Energy Management Company Ltd (REMCL) has secured its largest mandate from Indian Railways for tendering, installation, supervision and managing power supply for three GW solar energy installations. These plant will be set up […] Read more
SECI Reschedules Pre-bid Meeting for 2.5 GW Solar Projects in K’taka Updated On Thu, Jun 4th, 2020 by Saurenergy The Solar Energy Corporation of India (SECI) has rescheduled the pre-bid meeting for the Request for Selection (RfS) for 2500 MW (or 2.5 GW) ISTS-connected solar photovoltaic (PV) projects in Ultra Mega Renewable Energy Power Park (UMREPP), Koppal district, Karnataka. The information has been notified by SECI stating that “with respect to the RfS for […] Read more
ReNew Power Inks Pact to Buy AI & ML Startup Climate Connect Updated On Thu, Jun 4th, 2020 by Saurenergy With an aim to access energy management services, Gurugram-headquartered renewable energy independent power producer (IPP) ReNew Power has signed a definitive pact to acquire Regent Climate Connect Knowledge Solutions Pvt Ltd (Climate Connect), a specialist in artificial intelligence (AI) and machine learning (ML). Startup Climate Connect was co-founded by Nitin Tanwar and Sanand Sule, alumni […] Read more
