8point3 Energy Partners to acquire First Solar’s 34 percent stake in its 300 MW Stateline solar project Updated On Tue, Nov 15th, 2016 by Saurenergy 8point3 Energy Partners has entered into an agreement to acquire First Solar’s 34 percent stake in its 300-megawatt (MW) Stateline solar project for USD 329.5 million. The project is expected to generate approximately $32 million in average annual pre-tax cash distributions and has a 20 year contract life. The transaction is expected to close on […] Read more
Hybrid Solar Wind Market size is expected to reach USD 1.47 billion by 2024 Updated On Mon, Nov 14th, 2016 by Saurenergy Global Market Insights, Inc. in its latest report has revealed that hybrid Solar Wind market size will reach USD 1.47 billion by 2024. The research firm notes that decreasing wind and solar component cost associated with increasing clean fuel energy demand will drive the global hybrid solar wind market size. The component manufacturing cost has […] Read more
Tata Power Solar honored with D&B Infra Awards 2016 for operational excellence in solar rooftop space Updated On Mon, Nov 14th, 2016 by Saurenergy Tata Power Solar, India’s largest integrated solar company, won the ‘D&B Infra Awards 2016’ in the project based category for financial and operational excellence in commissioning 12 MW solar rooftop project for R.S.S.B. EDUCATIONAL & ENVIRONMENTAL SOCIETY (RSSB-EES). The awards presented by Dun & Bradstreet (DnB), into its 6th edition, felicitated 22 of India’s leading […] Read more
Etrion to Sell Italian Solar Portfolio to Ultor Updated On Mon, Nov 14th, 2016 by Saurenergy Etrion Corporation has signed definitive sale and purchase agreement with Ultor S.p.A, a joint venture owned equally by Enel Green Power S.p.A. and Fondo Italiano per le Infrastrutture. Under the agreement Ultor will purchasing Etrion’s 60-megawatt (“MW”) Italian solar portfolio for initial cash consideration of Euro 78 million and the assumption of related project-level debt […] Read more
Solar powered Telecom Towers Helping Rajasthan Villages Catch Up On The “Digital India” Trail Updated On Mon, Nov 14th, 2016 by Saurenergy Solar powered telecom towers helping people in remote villages of Rajasthan’s Alwar district to be part of ‘Digital India’ initiative. People including women from villages like Karenda, Phalsa and Bahadari, in Rajasthan are connected to the internet and mobile telephone under an initiative of a private company; however, the villages lack basic facilities like road, […] Read more
Solar-powered mobile towers neutralizes naxal’s movement in Jharkhand Updated On Mon, Nov 14th, 2016 by Saurenergy The newly-established solar-powered telecom towers in Jharkhand’s Naxal-hit areas are empowering security forces as well as tribals, and helping to counter the influence of extremists. Not only have they improved the movement of security forces but also allowed them to more effectively neutralize the naxals who had created a reign of terror in the area. […] Read more
Lightsource dives into the Indian solar market Updated On Mon, Nov 14th, 2016 by Saurenergy UK’s largest solar energy generator Lightsource Renewable Energy has dived into the Indian solar market and reportedly spearheading massive investment in solar segment in the country. Early this year in September the company bagged 50 MW solar project out of 450MW tendered in Maharashtra. Lightsource recently in a statement said that it is looking to […] Read more
Bollywood Actor Richa Chadha to help set up solar power project for school kids in Bulandshahar Updated On Sat, Nov 12th, 2016 by Saurenergy Bollywood Actor Richa Chadha has joined hand with her aunt who runs a charitable school in Bulandshahr, a small town in Uttar Pradesh to set up solar power project. Richa’s aunt has been running the school for the past five years; she left her Delhi life to provide free education to kids coming from low-income […] Read more
Western Railway to install 2 MW solar panels at its suburban stations Updated On Sat, Nov 12th, 2016 by Saurenergy To reduce carbon footprint, the Western Railway will be setting up solar panels at around 30 locations- with a total capacity of 2 MW. The installed solar plant will provide power for its non-traction work. Western Railway expects to reduce dependence on energy from coal-fired plants by around 10% and save lakhs of rupees in […] Read more
