JA Solar Vietnam Gets $68.4 Mn Loan for 1.5 GW Wafer Mfg Plant Updated On Wed, Jul 18th, 2018 by Saurenergy Further, the move will help JA Solar arm to fund the procurement of equipment at it’s 1.5 GW of wafer manufacturing facility in Vietnam. JA Solar Vietnam Company, a wholly-owned subsidiary of JA Solar Holdings Co, had entered into a long-term buyer credit loan pact with China Minsheng Bank Corporation Ltd Shijiazhuang Branch. Further, the […] Read more
TGI Solar Soon to Make Electric Vehicles; Mulls Europe Expansion Updated On Wed, Jul 18th, 2018 by Saurenergy The company’s initial plan of electric vehicles assembly plant, will require financing of Euro 15-20 mm in combination of debt and equity. TGI Solar Power Group (TGI Solar) has received a draft of manufacturing agreement, which would allow the company’s auto division to begin production of electric vehicles and further proceed with its expansion plans in Europe. […] Read more
Azure Power’s Portfolio Surpasses 3 Gigawatts Updated On Tue, Jul 17th, 2018 by Saurenergy Azure Power wins 300 MWs with AA+ domestic debt rated government entity (SECI) at a tariff 8% above the lowest bid in the auction 87% of the 2.2 GW contracted pipeline are with counterparties that have A to AAA domestic debt ratings Over 1 GWs of the contracted pipeline are with sovereign counterparties Azure […] Read more
How Many Chinese Module Suppliers can Compete with JinkoSolar, Outside China? Updated On Tue, Jul 17th, 2018 by Saurenergy Since Chinese investments into major cell and module facilities started – more than 10 years ago – success ultimately has been driven by overseas market-share gains, above other technical or financial benchmarks that otherwise would be expected. However, despite the efforts of well over 50 Chinese cell/module makers (where the cut-off is including those with […] Read more
Maharashtra to Tap Solar Projects on Large Dams Updated On Thu, Jul 12th, 2018 by Saurenergy At the Ujani dam, the project will cover 2,000 hectares or less than 1/15th of the total 34,000-hectare area of the reservoir. In order to shift from conventional source of energy to solar energy and to overcome the hurdles in acquiring private land for infrastructure projects, the government of Maharashtra has embarked upon the fleet […] Read more
3MW of Solar With Battery Storage Tendered by SECI in Ladakh Updated On Thu, Jul 12th, 2018 by Saurenergy The tenders have been issued on behalf of Military Engineer Service (MES), a construction agency. The tender is for design, engineering, supply, construction, testing, installation, and commissioning. In order to broaden the horizons of solar power in the country, Solar Energy Corporation of India (SECI), at two different locations in Jammu and Kashmir has issued […] Read more
One Rupee Increase in Tariffs in Latest Solar Auction Updated On Thu, Jul 12th, 2018 by Saurenergy The latest solar auction for 1000 MW held by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) saw the winning tariffs at Rs 3.48-3.55 per unit. From the record low of Rs 2.44 per unit, the solar power tariffs have risen by more than one rupee in the latest auction. Those from the industry say […] Read more
Marshall Islands Keen to Join International Solar Alliance Updated On Wed, Jul 11th, 2018 by Saurenergy The Union Minister of State (MoS) for Human Resource Development Upendra Kushwaha is on an official two-day visit to the RMI. This is the first ever Ministerial visit from India to Majuro, RMI. In order to tap the power of solar energy, the Republic of Marshall Islands (RMI) has expressed its willingness with India […] Read more
Army to Tap Renewables to Supply Power to Jawans Deployed at High Altitudes Updated On Wed, Jul 11th, 2018 by Saurenergy The idea is to shift from a conventional source of energy, which is expensive and unreliable due to its transportation and maintenance, to renewable energy. To enhance the living conditions of its personnel, the Indian army is looking for a durable supply of power in high altitudes where they are deployed. The idea is to […] Read more