CleanMax Solar signs MoU with Hitachi High-Tech to jointly offer high-end rooftop solar solutions Updated On Fri, May 26th, 2017 by Saurenergy CleanMax Solar and Hitachi High-Tech aims to enable Japanese corporates in India to adopt green energy practices by providing them solar power in a low-risk, economical and reliable manner Energy solutions provider CleanMax Solar has signed a memorandum of understanding (MoU) with Hitachi High-Technologies Corporation (Hitachi High-Tech) to jointly offer high-end rooftop solar solutions to […] Read more
CONQUEST Acquires 6 Solar PV Parks in France from Solairedirect Updated On Thu, May 25th, 2017 by Saurenergy Solairedirect’s portfolio of six solar PV parks, located in the South of France, represents a total of 35MW power capacity. CONQUEST Asset Management has announced that it has reached a final agreement with Solairedirect, to acquire a portfolio of six solar PV parks in France. Solairedirect’s portfolio of six solar PV parks, located in the […] Read more
Array Technologies Provides Solar Trackers for Facebook Facility, Opens New Office in Europe Updated On Wed, May 24th, 2017 by Saurenergy Array Technologies is partnering with local companies to bring solar tracking power to Facebook’s new data center in New Mexico Array Technologies has announced that it will partner with Affordable Solar to install trackers at Facebook’s upcoming data center located in Los Lunas, New Mexico, USA. The company also announced that it has opened a […] Read more
Surana Solar Wins 5MW Rooftop Solar PV Project in Andhra Pradesh Updated On Wed, May 24th, 2017 by Saurenergy Kakinada Smart City Corporation’s 5MW Rooftop Solar PV Project will be developed under the RESCO model for at Rs.5.25 ($0.081)/kWh. Surana Solar has won the bid to develop 5MW of grid-connected rooftop solar PV Project in Kakinada City, Andhra Pradesh with a lowest tariff quoted at Rs.5.25 ($0.081)/kWh. The bids were tendered by Kakinada Smart […] Read more
Total Solar launches construction of the Miyako Solar Park in Japan Updated On Wed, May 24th, 2017 by Saurenergy Total’s 25-megawatt-peak photovoltaic solar park in Miyako, in Iwate province of Japan is expected to start up in 2018 and l provide clean and reliable electricity to over 8,000 households. Total Solar has launched construction of its second solar power plant in Japan. Total’s 25-megawatt-peak photovoltaic solar park in Miyako, in Iwate province of Japan […] Read more
Tata Power’s Renewable Energy Capacity Crosses 2,000 MW Mark, Clean Energy Portfolio surpasses 3000 Mark Updated On Wed, May 24th, 2017 by Saurenergy “We are happy to announce that Tata Power has registered a strong growth in renewables, which is one of our key focus areas through our recent acquisition of solar assets. The renewable energy business made a healthy contribution to PAT this year and we continue to be the largest renewable player in the country,” Tata […] Read more
Power Ministry Proposes Compensation for Grid Curtailment, to Benefit Renewable Energy Sector Updated On Wed, May 24th, 2017 by Saurenergy “If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure a favourable operational environment for renewable energy projects. It will also be positive for wind and solar energy developers,” The government has proposed a compensation mechanism for existing renewable energy projects, which will protect the […] Read more
GST to cause significant disruption to the solar sector: Bridge to India Updated On Tue, May 23rd, 2017 by Saurenergy Bridge To India notes that the biggest surprise for the power and renewable sector is the announcement of 18% tax rate for solar modules as compared to a present effective rate of zero Government of India recently released final GST rates under the new indirect tax regime proposed to be rolled out from July 1. […] Read more
Failure by States to Pay for Renewable Power May Trip Green Energy Target by 2022 Updated On Tue, May 23rd, 2017 by Saurenergy Renewable purchase obligation (RPO) refers to the mandate imposed by law on some entities, mainly power distribution companies, to procure a certain part of their power requirement from renewable sources. States are lagging behind in meeting their renewable purchase obligation target which is a key policy instrument to meet the goal of installing 175 gigawatt […] Read more
