OPIC Provides Initial Financing to $85 Mn Solar Energy Transformation Fund Updated On Mon, Feb 25th, 2019 by Saurenergy The fund supports businesses providing solar solutions to some of the millions of people in India and Sub-Saharan Africa who lack access to electricity. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, has provided initial financing to SunFunder’s $85 million Solar Energy Transformation Fund which supports businesses providing solar solutions to […] Read more
TATA Power-DDL Distributes One Millionth LED Product Updated On Sat, Feb 23rd, 2019 by Saurenergy The initiative results in savings of 30 Million Units and a reduction in CO2 emission by 9856 Metric Tons on an annual basis. TATA Power Delhi Distribution Limited (Tata Power-DDL), India’s leading power distribution company, has attained a major milestone by distributing one millionth LED product to its customer at its customer care center, Civil Lines, Delhi. […] Read more
MEDA Issues Tenders For 175 kW Rooftop Solar Plants in Nagpur Updated On Fri, Feb 22nd, 2019 by Saurenergy The last date of bid submissions is, March 07, 2019, for the 100 kW system, and February 27, 2019, for the 40 kW system and 35 kW system. The Maharashtra Energy Development Agency (MEDA) has issued three tenders for setting up of 175 kW of cumulative capacity rooftop solar PV power projects under rooftop net […] Read more
Pre-Bid Meeting Notification For 50 MW Solar Tender at Kerala Updated On Fri, Feb 22nd, 2019 by Saurenergy The Pre-Bid/clarification meeting will be held on February 27, 2019. The Solar Energy Corporation of India (SECI) has issued a pre-bid meeting notification for its tender for setting up a 50 MW (AC) Solar PV Power Plant at the Kasargod Solar Park in Kerala. As per the notification, a Pre-Bid/clarification meeting shall be organized at city heights commercial […] Read more
Tender For 5 MW Rooftop Solar Issued in Maharashtra Updated On Fri, Feb 22nd, 2019 by Saurenergy The last date of bid submission is February 26, 2019. The Public Works Department (PWD) of Amravati has issued a tender inviting bid for the selection of developers to set up cumulative 5 MW of solar capacity rooftop projects at various places distributed in 12 electrical divisions and approximately 309 rest houses in different districts […] Read more
Hyundai Steel And World Vision India Install Solar Street Lights in 4 TN Villages Updated On Fri, Feb 22nd, 2019 by Saurenergy This initiative is part of the Happy Safe Village Project, Tamil Nadu which aims at protection and safety to the communities in these villages. In line with the vision of creating safer and happy villages, Hyundai Steel and World Vision India have jointly installed 101 Solar Street Lights across four villages in the Sriperumbudur panchayat […] Read more
NTPC Looking to Enlist Inverter Vendors For its Solar Projects Updated On Thu, Feb 21st, 2019 by Saurenergy The last date for receipt of enlistment applications is March 8, 2019. NTPC Limited has issued a Notice Inviting Applications (NIA), inviting applications from eligible bidders for vendor enlistment of inverter-inverter transformer package for development of solar power projects of NTPC. The brief scope of work enlisted vendors will include the supply, type testing, supervision […] Read more
SolarEdge Q4 Revenue Jumps 39% to $263.7 Mn Updated On Thu, Feb 21st, 2019 by Saurenergy However, the company’s net income dropped 34% in Q4 at USD 12.9 million, from USD 19.5 million in the same period a year ago. Israel-based inverter solutions provider SolarEdge Technologies has reported a significant growth of 39 percent in its total revenue at USD 263.7 million during the fourth quarter of FY 2018, as against USD […] Read more
ReNew Power Secures Additional Debt Funding of $350 Mn From OPIC Updated On Thu, Feb 21st, 2019 by Saurenergy The IPP has secured a fresh debt financing of up to USD 350 million from the US Government’s development finance institution. ReNew Power, one of India’s largest renewable energy Independent Power Producer (IPP) in terms of total energy generation capacity, has secured a fresh debt financing of up to USD 350 million from the Overseas […] Read more