Government’s New Solar Norms Prevents DISCOMSs from Terminating PPAs Updated On Wed, Aug 23rd, 2017 by Saurenergy The solar guidelines, laid down by the renewable energy ministry, prevent DISCOMs from unilaterally amending or terminating PPAs. India has announced new norms to improve bankability of solar power projects and boost investments without raising tariff, even as the International Renewable Energy Agency (IRENA) said the country can raise renewable energy use to meet a […] Read more
India imposes anti-dumping duty on tempered glass imported from China for five years Updated On Wed, Aug 23rd, 2017 by Saurenergy The ministry of finance has issued a notification imposing anti-dumping duty in the range of $52.85- 136.21 per tonne on tempered glass imports from China. India has imposed anti-dumping duty on tempered glass, used in solar PV and thermal products imported from China for five years to protect the domestic industry from below-cost imports. The […] Read more
Solar Spectrum and Horizon Solar Power merges under Sungevity family Updated On Wed, Aug 23rd, 2017 by Saurenergy Frank Kneller, CEO of Horizon Solar Power, will serve as the CEO of the combined business along with a new leadership team. The combined business will be part of the Sungevity family. Solar Spectrum has announced that it has merged with Temecula, California-based Horizon Solar Power (“Horizon”) to create the nation’s fourth largest residential […] Read more
MNRE Drafts New Guidelines on Solar Power Procurement Updated On Wed, Aug 23rd, 2017 by Saurenergy Prepared by the MNRE, the new guidelines cover the grid-connected solar PV power projects with a size of 5 mw and above, and will help in reducing off-takers’ risks, encourage investments, enhance bankability of projects and improve profitability for investors. The government has implemented new rules for buying power from grid-linked solar power projects through […] Read more
Marathon Capital Advises Heelstone Energy on the Sale of a 194MW Solar Portfolio to Sammons Renewable Energy Updated On Tue, Aug 22nd, 2017 by Saurenergy Heelstone Energy will continue to provide asset and operations management services to Sammons Renewable Energy for the entire portfolio. Marathon Capital, LLC has announced the sale of a 194 MW (DC) utility-scale solar portfolio by Heelstone Energy Holdings, LLC (“Heelstone”) to Sammons Renewable Energy (“SRE”). Heelstone, headquartered in Chapel Hill, North Carolina, is a leading […] Read more
Yellow Door Energy to install 311 kWp rooftop solar PV plant at Elcome’s headquarters in Dubai Updated On Tue, Aug 22nd, 2017 by Saurenergy Yellow Door Energy will manage the construction, operation and maintenance of the rooftop solar PV plant for next 20 years. The solar lease structure eliminates the need for Elcome to make a capital investment and take on operational risk, allowing them to focus on their core business. Yellow Door Energy (YDE) has announced that it […] Read more
AGL Launches Free Rooftop Solar Energy Monitoring Service Updated On Tue, Aug 22nd, 2017 by Saurenergy AGL Solar Command Check alerts registered customers if it detects a potential problem with their PV systems. AGL Executive General Manager New Energy Elisabeth Brinton said Solar Command Check was a free service which gives customers with digital meters a daily update about the performance of their solar systems. “We believe most of the 1.7 […] Read more
SolAmerica Energy Partners with MTU America to Launch New Solar Array with SCE&G Updated On Mon, Aug 21st, 2017 by Saurenergy The solar project will generate energy income for MTU America through a Bill Credit Program with South Carolina Electric & Gas (SCE&G), and was financed under an agreement with Key Equipment Finance, a division of KeyBank. MTU America (a subsidiary of Rolls-Royce) held a ceremony on August 9, 2017 in Graniteville, South Carolina, to celebrate […] Read more
PESB Asks Renewable Energy Ministry to Choose Proper Course of Action for Selection of SECI MD Updated On Mon, Aug 21st, 2017 by Saurenergy The Public Enterprises Selection Board (PESB) had interviewed three candidates – PTC India Director (Marketing) and Business Development Rajib Kumar Mishra, Konkan Railway Corporation Ltd Director (Finance) Amitabh Banerjee and SECI Director (Finance) C Kannan – for the SECI MD post, PESB said on its website. Government head-hunter PESB has asked the renewable energy ministry […] Read more
