Evolution II Fund Closes ZAR100 Mn Investment Targeting C&I Solar Rooftop Market in Africa Updated On Tue, Feb 5th, 2019 by Saurenergy The investment will be used to finance rooftop solar projects for commercial and industrial consumers. Inspired Evolution, an Africa-focused investment advisory firm that specialises in the clean energy sector, has closed a ZAR100 ($7.47) million investment facility by its Evolution II Fund into Commercial Energy SA – an affiliate of SolarAfrica. Commercial Energy SA offers […] Read more
Aurora Solar Raises $20 Mn to Scale Solar Software Updated On Tue, Feb 5th, 2019 by Saurenergy This financing signals a high-growth phase for Aurora, as the company expands its product functionality to further streamline solar installers’ processes. San Fransisco startup, Aurora Solar, one of the leading software platforms for distributed solar, has raised $20 million in a Series A round, led by Energize Ventures. S28 Capital also joins existing investor, Pear, in the round. “We see a […] Read more
Tamil Nadu Sets Target for 9 GW with New Solar Policy Updated On Tue, Feb 5th, 2019 by Saurenergy Tamil Nadu will need to add 1,700 MW of solar capacity per annum for the next 4 years to attain the new target. Tamil Nadu has issued its latest state solar policy the “Vision Tamil Nadu 2023”, a revision from its 2012 policy which had a target of 3 GW of installed capacity by 2015. The […] Read more
Vikram Solar Commissions 18.5 kW Solar Plant for Century Ply Updated On Mon, Feb 4th, 2019 by Saurenergy This is the second solar rooftop project for CPIL that Vikram Solar has executed since 2018. Vikram Solar, a leading module manufacturer and a prominent rooftop solar & EPC solutions provider in India that is based in Kolkata, has commissioned a rooftop solar plant for Century Ply (India) Limited (CPIL) at the company’s new headquarter […] Read more
IOCL Issues Tender for 2 MW Solar at Maharashtra Bottling Plant Updated On Mon, Feb 4th, 2019 by Saurenergy The last date for bid submissions is February 8, 2019. The Indian Oil Corporation Ltd. (IOCL) has issued a tender for setting up of a 2 MW solar power plant at its bottling plant in Dhanaj, Maharashtra. The brief scope of work for winning bidders will include the Engineering, Procurement and Construction (EPC) of 2 […] Read more
GERC Approves Sale of Solar Power by Salt Pan Workers Updated On Mon, Feb 4th, 2019 by Saurenergy Grassroot Trading Network for Women, a SEWA entity, also received a go-ahead from the government to set up a solar power project of the same capacity. The Gujarat Electricity Regulatory Commission (GERC) has approved the sale of solar power to the Gujarat Urja Vikas Nigam Ltd. (GUVNL) by the salt pan workers of Self Employed […] Read more
Solar Panels That Could Revolutionise Clean Energy Updated On Mon, Feb 4th, 2019 by Saurenergy High temperatures are no longer required to coat things with a photovoltaic layer, thanks to Olga’s Inkjet Processing Method. A novel inkjet processing method for perovskites (a new generation of cheaper solar cells) developed by a Polish Physicist and Businesswoman, Olga Malinkiewicz, makes it possible to now producing solar panels even under lower temperatures, drastically […] Read more
Malaysian 49MW Solar Power Plant Connected to the Grid Updated On Fri, Feb 1st, 2019 by Saurenergy The 49MW solar power plant fully adopts Huawei FusionSolar Smart PV Solution, including smart PV string inverter SUN2000-42KTL and advanced technologies like Power Line Communication (PLC), etc. Sinar Kamiri Sdn Bhd (Sinar Kamiri), an indirect wholly-owned subsidiary of Mudajaya Group Berhad (Mudajaya) signed the PPA with Tenaga Nasional Berhad (TNB) to develop and operate the […] Read more
Renewable Energy Industry Reactions on Interim Budget 2019 Updated On Fri, Feb 1st, 2019 by Saurenergy The industry was expecting a policy direction from the government to promote manufacturing, especially in the renewable energy sector in the background of the jobs crisis, which India faces. Surprisingly, this was completely missing from the budget, says Amit Gupta, Vikram Solar. India’s renewable energy industry was expecting lot of things from the present Modi […] Read more