Spruce Finance Secures $208 Million for Residential Solar Assets Updated On Thu, May 2nd, 2019 by Saurenergy Spruce Finance owns and operates a growing portfolio of distributed generation solar and residential energy assets in the U.S. Headquartered in Houston with executive offices in San Francisco. Distributed generation solar plants operator Spruce Finance, a leading owner and operator of residential energy assets in the U.S., has announced the successful closing of a $208 […] Read more
Axpo Acquires Urbasolar With Plans to Become European Leader in PV Segment Updated On Thu, May 2nd, 2019 by Saurenergy Swiss energy utility Axpo and independent French solar PV specialist Urbasolar have announced the signing of an acquisition contract of 100% of the latter’s securities by Axpo. This agreement aims to consolidate and stimulate the growth of the French PV specialist, which now becomes the photovoltaic operator within the group with the ambition to become […] Read more
Maharashtra Sets Generic Tariff For Solar Projects at Rs 3.29/kWh Updated On Thu, May 2nd, 2019 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) has issued the generic tariff order for renewable energy projects for the current financial year (FY 2019-20). The latest order will apply for the period between April 1, 2019, and March 31, 2020. The commission has in its order set the generic tariff for utility-scale solar PV projects at […] Read more
Jamia Milia University Makes Prize Winning Smart Solar Inverters’ Model Updated On Wed, May 1st, 2019 by Saurenergy To aid rural electrification and promote reliable electricity distribution in the Indian villages, a professor from Delhi based Jamia Milia Islamia with his group of researchers has invented a smart solar inverter to replace traditional inverter which is expensive and also not environment-friendly. Ahteshamul Haque from the Department of Electrical Engineering in Jamia Milia Islamia […] Read more
Indian Solar Sector Contracts in 2018-19 Updated On Wed, May 1st, 2019 by Saurenergy The Indian Solar sector saw only 6,529 MW addition during the last financial year while Wind energy Sector too recorded a slump in growth. According to the data supplied by the Central Electricity Authority, 2018-19 saw fresh capacity additions to a paltry 6,529 MW as against 9,010 MW in the previous year. The figures show […] Read more
Home-Tech Startup Zunroof Secures $1.2 Mn Funding From Godrej Updated On Wed, May 1st, 2019 by Saurenergy Gurgaon-based smart energy solutions provider, ZunRoof has raised a fresh round of pre-Series A funding of $1.2 million from Godrej. The company plans to utilise this round of capital for expansion and further strengthen its product portfolio. According to a statement issued by the company, the funding comes at an integral time for it, as […] Read more
Europe’s Solar Resurgence is on the Horizon: Report Updated On Tue, Apr 30th, 2019 by Saurenergy A new report has revealed that the European solar market is undergoing a resurgence with more than 10 gigawatts (GW) installed in 2018, marking a five year high. Wood Mackenzie’s ‘Global solar PV market outlook update: Q1 2019’ predicts that based on this growing trend of more and more solar installations the continent should break […] Read more
NHPC Issues Tender For Solar Projects Worth 582.16 kW in Himachal Updated On Tue, Apr 30th, 2019 by Saurenergy The last date for bid submission is May 22, 2019. NHPC Ltd. has issued a tender for the implementation of rooftop and small solar power plants of a total capacity of 582.16 kW in NHPC power stations and units at Chamera-I (155 kW), Chamera-II (230 kW), Parbati-II (125 kW), Parbati-III (72.16 kW) in Himachal Pradesh. The brief […] Read more
Solar Power Capacity in U.S. Cities Has Doubled in the Last 6 Years: Report Updated On Mon, Apr 29th, 2019 by Saurenergy Solar energy capacity more than doubled in 45 of America’s 57 largest cities over the last six years according to a new study. Over the past six years, solar energy capacity more than doubled in 45 of America’s 57 largest cities, according to a new study released by the Environment America Research & Policy Center. […] Read more