B’desh Unveils $218.7Mn Green Transformation Fund to Offer Easy Financing for Solar Developers Updated On Tue, May 5th, 2020 by Saurenergy With an aim to make financing easily available post-coronavirus, Bangladesh has introduced a USD 218.7 million (EUR 200 million) Green Transformation Fund (GTF) so that soft loans can be provided to solar developers, other environment-friendly products and importers of Eurozone’s energy efficiency components. Moreover, the fund issued is in addition to its existing USD 200 […] Read more
SolRiver Closes on Equity Commitment to Acquire $200 Mn Solar Projects Updated On Tue, May 5th, 2020 by Saurenergy SolRiver Capital has announced that it has closed an equity commitment from Rockland Capital to acquire up to USD 200 million of solar projects. SolRiver Capital, a solar investment fund that owns distributed-generation and utility-scale projects, announced that it has closed an equity commitment from Rockland Capital, an energy-focused infrastructure investment fund, to acquire up to USD 200 million of solar […] Read more
Tender Issued for Rooftop Solar Systems at 34 Health Centres in Nagpur Updated On Tue, May 5th, 2020 by Saurenergy MEDA has tendered for the commissioning of rooftop solar PV power plants under net metering at 34 primary health centres in Nagpur, Maharashtra. The Maharashtra Energy Development Agency (MEDA) has issued a tender for the commissioning of grid-connected rooftop solar PV power plants under net metering at 34 primary health centres in Nagpur, Maharashtra. Each […] Read more
22.75% Drop in Power Consumption in April due to Lockdown Updated On Tue, May 5th, 2020 by Saurenergy Power consumption in April dipped 22.75% to 85.05 BU compared to 110.11 BU in the same month a year ago, mainly due to low demand due to lockdown Power consumption in April dipped 22.75 percent to 85.05 billion units (BU) compared to 110.11 BU in the same month a year ago, mainly due to low demand amid the nationwide […] Read more
Renewables Topped Coal in US Generation Every day in April: IEEFA Updated On Tue, May 5th, 2020 by Saurenergy New data from the US EIA shows that for the very first time in its history, renewables generated more electricity than coal every day in the month of April. New data from the US Energy Information Administration (EIA) shows that for the very first time in its history, renewables generated more electricity than coal every […] Read more
5th Extension for SECI’s 4 MW Floating Solar Plus BESS Tender Updated On Tue, May 5th, 2020 by Saurenergy Extension of the tender for 4 MW floating solar with 2 MW/ 1 MWh BESS in North Andaman. This is now the fifth such extension in SECI’s tender. The Solar Energy Corporation of India (SECI), in its latest notification, has extended the bid submission deadline for its tender for the selection of solar power developers […] Read more
Top 10 Issues in Module Mounting Structures in India Updated On Mon, May 4th, 2020 by Saurenergy Nowadays, solar power is among the cheapest sources of renewable energy available globally. However, there are various factors that are considered at the time of cost optimization of a solar power plant and module mounting structure (MMS) is also among them. In order to successfully run a solar power plant, good quality of mounting structure […] Read more
MicroSun Solar Resumes Manufacturing amidst Strict Safety Measures Updated On Mon, May 4th, 2020 by Saurenergy Amidst strict measures followed as per the government directives, MicroSun Solar, a solar photovoltaic (PV) module manufacturing company, has resumed operations at its Bangalore factories and opened all warehouses across the country. While talking to Saur Energy, the company informed that “it has resumed operations from May 04, 2020, onwards, in compliance with all the […] Read more
Adani Green Turns into Black in Q4; Posts Net Profit at Rs 56 Cr Updated On Mon, May 4th, 2020 by Saurenergy Adani Green Energy Ltd (AGEL), an arm of Ahmedabad-based multinational conglomerate Adani Group, has reported a swing to consolidated net profit after taxes (PAT) of Rs 56 crore in the fourth quarter ended March 31, 2020, driven by the decline in total expenses of the company. “The consolidated net loss of the company stood at […] Read more
