Coming up. A 100 MW Solar Park in Bangladesh with Saudi backing Updated On Tue, Mar 12th, 2019 by Saurenergy The AlFanar Group, a leading Saudi construction and manufacturing conglomerate, has agreed to provide a $100 million worth of financing for an upcoming solar project in Bangladesh. Financing has been a challenge for developers in Bangladesh, with projects struggling due to inability of the developers to raise funding.The Riyadh-based Alfanar signed a Memorandum of Understanding […] Read more
Prez Sanctions Rs 11,814 Cr for Grid Connected Rooftop Solar Programme Phase-II Updated On Tue, Mar 12th, 2019 by Saurenergy However, the Ministry further added that the detailed operational guidelines for implementation of the scheme will be issued separately. The President of India has accorded for phase-II of grid-connected rooftop solar programme for achieving a cumulative capacity of 40 GW from Rooftop Solar (RTS) projects by 2022 with the total central financial support of Rs 11,814 […] Read more
Ingeteam Supplies Storage Power Station for Dubai’s Largest Solar Park Updated On Tue, Mar 12th, 2019 by Saurenergy Moreover, Japanese firm NGK Insulators Ltd has supplied its NAS batteries for the project. Ingeteam, a leading company specialising in the design of power and control electronics, has supplied its storage power station for a pilot battery energy storage system (BESS) project in Dubai’s largest solar park. The company said in a statement that, “Ingeteam […] Read more
The Message from Gujarat. The Solar Price Squeeze to stay in 2019 Updated On Tue, Mar 12th, 2019 by Saurenergy After the boom of 2017, solar power developers in India ran into a big, if not completely unexpected problem. Government expectations of price drops, when it came to bidding at auctions. The cancellation of the 1000 MW auction by Gujarat Urja Vikas Nigam Limited (GUVNL), for its Dholera solar park site was on expected lines. […] Read more
Greenko ropes in Siemens for 46% stake in Poovani Project Updated On Tue, Mar 12th, 2019 by Saurenergy German power and energy major Siemens confirmed on Monday that its financial services arm has picked up 46 percent stake in Greenko Group’s 200 MW Poovani wind power project in Tamil Nadu for an undisclosed amount. Its financial subsidiary Siemens Financial Services (SFS) has signed a definitive agreement with Greenko Group for the 46 percent equity investment, making […] Read more
Breakthrough! Gujarat Finally Relents, Central Wind Energy Projects to Move Updated On Tue, Mar 12th, 2019 by Saurenergy After months of uncertainty, the Gujarat government has finally budged, agreeing to making land available for Wind Energy projects bid out by SECI, the ‘central’ agency responsible for them. The news of Gujarat’s change in stance will be welcomed by SECI and developers alike, because the situation was threatening to get completely out of hand. […] Read more
5 Big Hurdles that have Emerged for India’s Solar Power Producers Updated On Mon, Mar 11th, 2019 by Saurenergy After installations of almost 10 GW and above in 2017 and close to 8 GW in 2018, the solar sector is facing its biggest challenge yet, as hurdles have emerged for the continued growth of the sector. Some of these challenges were always there, they are only bigger now, while others have emerged with time. […] Read more
The Solar Sector Needs More Women. Here’s Why Updated On Fri, Mar 8th, 2019 by Saurenergy As Rooftop Solar, Distributed solar and even corporate buying markets develop, its time for the renewable power sector to fix its gender imbalance. On International women’s day, its a good time to put the spotlight on the missing women in the solar power and broader renewable power sector. Among the brightest spots for the Modi […] Read more
SunSource Energy to Set Up 70 MW Solar Plant in UP Updated On Thu, Mar 7th, 2019 by Saurenergy The project, once commissioned, will be one of the largest open access solar power projects in Uttar Pradesh. SunSource Energy on Wednesday said it will develop a 70 MW solar power project under the open access scheme in Uttar Pradesh. The power generated by the project will be sold to commercial and industrial customers through long-term Power Purchase […] Read more
