NTPC to Quit 50:50 JV with BHEL for Mfg Power Equipments Updated On Thu, Apr 19th, 2018 by Saurenergy The JV’s first manufacturing facility at Mannavaram in Chittoor district of Andhra Pradesh started operations in 2016 but had very little orders. NTPC Ltd, formerly known as National Thermal Power Corporation Ltd, has decided to quit its 50:50 Joint Venture (JV) with BHEL, by saying it is not an equipment manufacturer and would rather concentrate on setting up and […] Read more
500MW Solar Auction Cancelled in Gujarat Over Costly Bids Updated On Thu, Apr 19th, 2018 by Saurenergy The successful bidders include Kalathia Engineering and Construction, Gujarat State Electricity Corporation Limited (GSECL), ACME Solar Holdings and Azure Power. Auction conducted on March 28 for 500 MW has been cancelled by the state owned utility Gujarat Urja Vikas Nigam Limited (GUVNL). The tariffs quoted by the bidders, considered to be too high, is the […] Read more
Everstone Group, Lightsource BP Form 50:50 JV to Invest in Indian Green Infrastructure Updated On Thu, Apr 19th, 2018 by Saurenergy The newly formed JV will provide the funds with the financial and strategic resources of the partners aiming to create successful green energy businesses in partnership with local management teams. Indian private equity fund Everstone Group and British solar parks developer Lightsource BP has formed a 50:50 Joint Venture (JV) called ‘EverSource Capital’ to jointly […] Read more
AP: NREDCAP Issues Tender for 35 MW Rooftop Solar PV Plants Updated On Thu, Apr 19th, 2018 by Saurenergy The scope of work covers design, supply, installation, commissioning, maintenance, operation. It also includes wiring up from the SPV Rooftop system to Distribution Board. Under net metering policy of the state, New and Renewable Energy Development Corporation of Andhra Pradesh Ltd (NREDCAP) has announced a tender of grid-connected rooftop solar PV plants of 1 […] Read more
Ensync Energy Sells 20-Yr PPA with HPU to Undisclosed Investor Updated On Wed, Apr 18th, 2018 by Saurenergy This long-term agreement is expected to bring clean, affordable energy to Aloha Tower Marketplace. EnSync Energy Systems has sold its 20-year Power Purchase Agreement (PPA) with Hawai’I Pacific University (HPU) to an undisclosed investor. This long-term agreement is expected to bring clean, affordable energy to Aloha Tower Marketplace. Further, the PPA will provide HPU’s Aloha Tower […] Read more
Ares EIF to Buy Majority Stake in Conti Solar Updated On Wed, Apr 18th, 2018 by Saurenergy Conti Solar has received strategic investment from a fund managed by Ares EIF, the power and energy infrastructure strategy in the Private Equity Group at Ares Management. Private Equity firm Ares EIF has acquired majority ownership stake in Conti Solar, previously a wholly-owned subsidiary of The Conti Group. Further, Conti Solar has received strategic investment […] Read more
Rajasthan to Add 3,780 MW Solar Capacity by April Next Year Updated On Wed, Apr 18th, 2018 by Saurenergy “The current solar power generation is contributing 10 percent to the total power consumption in the state and we are targeting to increase it to 17 percent by 2021.” In order to achieve the goal of 7000 MW clean energy capacity in next four years in Rajasthan, the government has already assigned 20 projects of […] Read more
Sweden to Boost Spending on Solar Energy Updated On Wed, Apr 18th, 2018 by Saurenergy Due to the high popularity of shifting to solar power there is a long waiting list of the people who want installation of solar panels with the support of the state. In the spring 2018 budget the Sweden government wants to boost the scheme supporting installation of solar energy by pumping in 16 million Euros […] Read more
Japan Researchers Develop Super-Thin Solar Cell Patches Updated On Wed, Apr 18th, 2018 by Saurenergy Researchers at Riken Research Institute and Toray Industries Inc. have developed photovoltaic cells that are just 3 micrometers think and can withstand temperature of about 100 degree Celsius without getting damaged. A super-thin organic solar cell that can be heat-printed onto clothes just like T-shirt designs has been developed by a group of Japanese researchers. […] Read more
