CalPERS buys ownership stake in 550-megawatt solar plant in Riverside County Updated On Sat, Mar 26th, 2016 by Saurenergy The California Public Employees’ Retirement System (CalPERS) has announced that it would acquire up to a 25 percent stake in the 550-megawatt solar plant in Riverside County. The Riverside County solar farm was world’s largest solar project when it opened last year. CalPERS’ investment in the farm is seen as welcome news in the industry […] Read more
Solargise to invest Rs.900 crores to set up 500 MW module and cell manufacturing facility in Bengaluru Updated On Fri, Mar 25th, 2016 by Saurenergy Solargise India has signed MOU and EOI with government of Karnataka to invest over Rs. 3900 crores in the state and announced the commercial launch of operations has signed MOU and EOI with government of Karnataka to invest over Rs. 3900 crores in the state and announced the commercial launch of operations. The company said […] Read more
Domestic firms dominated Jharkhand‘s 1.2 GW Solar Tender Updated On Fri, Mar 25th, 2016 by Saurenergy Jharkhand’s first bulk tender of solar power projects of 1.2GW received interest from Indian companies. The state issued tender to allocate 1200 MW of solar power projects to private developers in December last year. Early this month Results announced by the Jharkhand government shows bids placed by successful project developers range between Rs 5.08/kWh and […] Read more
Canada’s Suncor submits proposal to build three 80 MW solar PV farm Updated On Fri, Mar 25th, 2016 by Saurenergy Canada’s largest oil sands producer Suncor has submitted a proposal to the Alberta Electric System Operator to build three 80 MW solar PV farms in the state. This is the first time that the company is foraying into solar energy. The proposal from the firm includes sum of 240MW solar PV plants in the stand […] Read more
ACME wins 75 MW project in Jharkhand Updated On Wed, Mar 23rd, 2016 by Saurenergy ACME India has announced that it has expanded its solar power projects portfolio to 1229 MW with the latest addition of 75 MW project in Jharkhand. The financial bid from ACME for the tariff of Rs. 5.73 (25 MW) and 5.48 (50 MW) for 25 years was announced during the final bids opening by Jharkhand […] Read more
SunEdison finds difficult to get buyers for its projects in India Updated On Wed, Mar 23rd, 2016 by Saurenergy US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […] Read more
PSEG Solar Source acquires 37.8 MW-dc solar energy facility from Juwi for $60m Updated On Tue, Mar 22nd, 2016 by Saurenergy PSEG Solar Source has acquired a 37.8 MW-dc solar energy facility from juwi Inc. for $6 million. The facility located in Las Animas County, Colorado will be named PSEG San Isabel Solar Energy Center. It will increase the capacity of PSEG Solar Source’s portfolio to 315 MW-dc. The PSEG San Isabel Solar Energy Center has […] Read more
BrightSource Energy announces advanced solar field technologies Updated On Tue, Mar 22nd, 2016 by Saurenergy Leading concentrating solar power technology (CSP) company BrightSource Energy, Inc. has launched advanced solar field technologies. New technologies deployed at Israel’s Ashalim Solar Thermal Power Station reduce costs; accelerate construction schedule and increase energy production. BrightSource’s solar field technologies feature improvements to the heliostats, solar field communications network and solar field control system. The under […] Read more
Mahagenco to step up solar power generation on top of water bodies Updated On Mon, Mar 21st, 2016 by Saurenergy Maharashtra State Power Generation Company Limited (Mahagenco) has revealed plans to step up solar power generation atop water bodies with water resources department and local self-governing bodies reports TOI. The company officials are working closely with government agencies owning the water bodies on revenue-sharing model. Mahagenco replicating the Gujarat model will cover canals and water […] Read more