D. E. Shaw Renewable Investments Acquires Willow Springs Project from First Solar Updated On Thu, Oct 18th, 2018 by Saurenergy 100MWAC project adds to DESRI’s portfolio of PV assets First Solar, Inc. (Nasdaq: FSLR) and D. E. Shaw Renewable Investments, L.L.C. (DESRI) today announced the acquisition by a DESRI affiliate of the 100 Megawatt (MW)AC Willow Springs Solar Project in Kern County, California. Terms of the deal were not disclosed. The project, which was developed by First […] Read more
“Coal India & Neyveli sign MoU for stepping up Solar Power Generation” Updated On Thu, Oct 18th, 2018 by Saurenergy Coal India Limited (CIL) and NLC India Limited (NLCIL), formerly Neyveli Lignite Corporation Limited, coming together in a significant step, have inked a Memorandum of Understanding (MoU) today in CIL headquarters, Kolkata for formation of Joint Venture (JV) Company for Solar Power Generation of 3,000 MW and Thermal Power Projects of 2,000 MW capacity. Mr. […] Read more
Six Women-Led Energy-Linked Startups from POWERED Accelerator’s First Cohort to receive $10,000 Seed Fund Updated On Wed, Oct 17th, 2018 by Saurenergy First cohort of POWERED Accelerator showcase its business to a curated audience of investors, govt, corporates and influencers. 6 startups bag seed funding of $10,000 each from the Programme. POWERED Accelerator opens for applications for 2ndcohort POWERED Accelerator First Cohort and Jury on the Demo Day in New Delhi Mumbai, 8th October 2018, POWERED […] Read more
Trina Solar Supplies 123 MW PV Modules to Ukraine’s Largest Solar Power Plant Updated On Tue, Oct 16th, 2018 by Saurenergy The power station is expected to be completed in early 2019 and be connected to the grid in March. Chinese solar giant Trina Solar has delivered 123 MW of PV modules to a PV power plant project developed by DTEK, the largest private energy company in Ukraine. After completion, the project will become the largest PV […] Read more
RK Singh Launches Award Scheme under ‘Saubhagya’ Updated On Tue, Oct 16th, 2018 by Saurenergy More than 1.65 crore households connected since the launch of Saubhagya. RK Singh, Minister of State (IC) for Power and New & Renewable Energy, has launched an award scheme under Saubhagya to felicitate the DISCOMs/ Power Department of the States and their employees for achieving 100 percent household electrification in their areas of operation. The […] Read more
Piyush Goyal to Receive Penn’s Top Prize in Energy Policy on Oct 19 Updated On Tue, Oct 16th, 2018 by Saurenergy During his tenure, the Minister directed a fast-track effort to electrify 18,000 villages in remote parts of India—helping bridge the country’s vast energy divide. The Kleinman Center for Energy Policy at the University of Pennsylvania School of Design will award its 4th Annual Carnot Prize to Piyush Goyal, India’s former Minister of Power and Renewables […] Read more
Magenta Power, MSEDCL Install India’s 1st EV Billing Meter Updated On Tue, Oct 16th, 2018 by Saurenergy With the support of the Government of Maharashtra and the MAITRI program and installation by MSEDCL, the state of Maharashtra has installed the first EV billing meter in the country. Adding another feather in its cap, Magenta Power has installed India’s first EV billing meter in association with MSEDCL (Maharashtra State Electricity Distribution Company Ltd). […] Read more
Hanwha Solar to Acquire Hanwha Q CELLS for $825 Mn Updated On Tue, Oct 16th, 2018 by Saurenergy As per the deal, the company will be acquired by Hanwha Solar in an all-cash transaction implying an equity value of the company of approximately USD 825 million. Solar PV modules maker Hanwha Q CELLS has entered into a definitive plan of merger with Hanwha Solar Holdings, a subsidiary of Hanwha Chemical Corporation. As per the […] Read more
India May Achieve 76% of Renewable Energy Target by 2022, says Report Updated On Tue, Oct 16th, 2018 by Saurenergy Nonetheless, the government’s commitment and support towards renewables remain strong. One of the world’s leading research and consultancy group Wood Mackenzie in its report said that India may achieve about 76 per cent of the target of having 175 GW of renewable power generation capacity by the scheduled date of 2022 as it faces myriad challenges. […] Read more
