Solar capacity addition to reach up to 7.5 GW in FY18: ICRA Updated On Sat, Apr 1st, 2017 by Saurenergy Solar capacity addition is expected to increase from 3.5-4 GW in FY17 to at least 7-7.5 GW (in grid connected utility segment) in FY18. Given the number of projects awarded under the National Solar Mission (NSM) and the state policy route in the past 12-18 months, solar capacity addition is expected to increase up to […] Read more
Banks are planning to cut funding to Rajasthan’s power distribution companies missing UDAY targets: Report Updated On Sat, Apr 1st, 2017 by Saurenergy Rajasthan’s power distribution companies have not revised power tariffs as previously agreed which can affect the funding that they receive from banks under UDAY scheme Banks are reportedly planning to cut funding to Rajasthan’s power distribution companies (DISCOMS) which have missed financial targets set under the Ujjwal Discom Assurance Yojana (UDAY). Two bankers aware of […] Read more
CleanMax Installs 1.5MW Rooftop Solar Power Plant at AMU Updated On Fri, Mar 31st, 2017 by Saurenergy In collaboration with SECI and MNRE, CleanMax Solar has commissioned 1.5 MW rooftop solar power plants across 17 roofs at Aligarh Muslim University. India’s one of the oldest and most renowned educational institutes, Aligarh Muslim University has turned to solar power to meet its electricity needs. In collaboration with SECI and MNRE, CleanMax Solar has […] Read more
REC launches the REC TwinPeak 2 BLK2 Series, a full-black multicrystalline panel up to 285 Wp Updated On Fri, Mar 31st, 2017 by Saurenergy REC has launched a full-black variant of the REC TwinPeak 2 Series solar panel for residential markets in the U.S.A. and European countries. REC, the world’s most trusted brand for solar panels, has begun the commercial production of the new REC TwinPeak 2 BLK2 Series, a full-black variant of the REC TwinPeak 2 Series launched […] Read more
Oriano Solar gets Rs 20 crore from Samridhi Fund Updated On Fri, Mar 31st, 2017 by Saurenergy Rs. 20 crore fund from Samridhi Fund will be used by Oriano Solar to finance working capital requirements and expand 45-member team Mumbai-based startup Oriano Solar has raised series A funding worth Rs 20 crore from Samridhi Fund, which is managed by SIDBI Venture Capital Ltd, a wholly-owned subsidiary of Small Industries Development Bank of […] Read more
First Solar sells 250MW Moapa Solar Project to Capital Dynamics Updated On Fri, Mar 31st, 2017 by Saurenergy PV solar systems provider First Solar has sold the cash equity interests in the 250MW Moapa Southern Paiute Solar Project to Capital Dynamics. First Solar has announced that it has completed the sale of the cash equity interests in the 250MWac Moapa Southern Paiute Solar Power Project in Nevada to global private asset manager Capital […] Read more
NTPC reportedly planning expansion of solar power generation capacity Updated On Fri, Mar 31st, 2017 by Saurenergy NTPC planned to increase solar power generation capacity to 175 MW and make it commercially viable The NTPC is reportedly planning to expand solar power generation on the premises of its thermal plant at Kayamkulam. NTPC recently started power generation from India’s largest floating solar power plant at Kayamkulam in Kerala. NTPC planned to increase […] Read more
Canadian Solar Secures JPY4 Billion Credit Facility with SMFL Updated On Thu, Mar 30th, 2017 by Saurenergy Canadian Solar intends to use proceeds from the facility to expand the development of solar energy projects in Japan. Canadian Solar Inc. has announced that its wholly-owned subsidiary Canadian Solar Projects K.K. has entered into a 3-year credit agreement for JPY4 billion (US$35 million) with Sumitomo Mitsui Finance and Leasing Company, Limited (“SMFL”), a member […] Read more
Azure Power Wins Indian Railway’s Largest Rooftop Solar Power Project Updated On Thu, Mar 30th, 2017 by Saurenergy Azure Power wins 46 MWs of solar projects from Indian Railways across 11 states in India, and company’s rooftop portfolio now more than 100 MWs across 14 states in India. Azure Power, a leading solar power producer in India, announced that it has won 46 MWs of rooftop solar power projects across eleven states pan […] Read more
