Government’s New Solar Norms Prevents DISCOMSs from Terminating PPAs Updated On Wed, Aug 23rd, 2017 by Saurenergy The solar guidelines, laid down by the renewable energy ministry, prevent DISCOMs from unilaterally amending or terminating PPAs. India has announced new norms to improve bankability of solar power projects and boost investments without raising tariff, even as the International Renewable Energy Agency (IRENA) said the country can raise renewable energy use to meet a […] Read more
India imposes anti-dumping duty on tempered glass imported from China for five years Updated On Wed, Aug 23rd, 2017 by Saurenergy The ministry of finance has issued a notification imposing anti-dumping duty in the range of $52.85- 136.21 per tonne on tempered glass imports from China. India has imposed anti-dumping duty on tempered glass, used in solar PV and thermal products imported from China for five years to protect the domestic industry from below-cost imports. The […] Read more
MNRE Drafts New Guidelines on Solar Power Procurement Updated On Wed, Aug 23rd, 2017 by Saurenergy Prepared by the MNRE, the new guidelines cover the grid-connected solar PV power projects with a size of 5 mw and above, and will help in reducing off-takers’ risks, encourage investments, enhance bankability of projects and improve profitability for investors. The government has implemented new rules for buying power from grid-linked solar power projects through […] Read more
Marathon Capital Advises Heelstone Energy on the Sale of a 194MW Solar Portfolio to Sammons Renewable Energy Updated On Tue, Aug 22nd, 2017 by Saurenergy Heelstone Energy will continue to provide asset and operations management services to Sammons Renewable Energy for the entire portfolio. Marathon Capital, LLC has announced the sale of a 194 MW (DC) utility-scale solar portfolio by Heelstone Energy Holdings, LLC (“Heelstone”) to Sammons Renewable Energy (“SRE”). Heelstone, headquartered in Chapel Hill, North Carolina, is a leading […] Read more
SolAmerica Energy Partners with MTU America to Launch New Solar Array with SCE&G Updated On Mon, Aug 21st, 2017 by Saurenergy The solar project will generate energy income for MTU America through a Bill Credit Program with South Carolina Electric & Gas (SCE&G), and was financed under an agreement with Key Equipment Finance, a division of KeyBank. MTU America (a subsidiary of Rolls-Royce) held a ceremony on August 9, 2017 in Graniteville, South Carolina, to celebrate […] Read more
Saudi Arabia Moving Towards a Sustainable Future Updated On Fri, Aug 18th, 2017 by Saurenergy The discourse on renewable sources of energy and other issues of the environment in Saudi Arabia is moving increasingly to the fore. The world’s biggest powers have debated the issue of climate change at length. They came together in 2015 to find possible solutions to curtail its impact. 195 countries made history in 2015 when […] Read more
Faridabad Residents Get a Dose of Solar Lessons Updated On Thu, Aug 17th, 2017 by Saurenergy The two- day workshop held at Centre for Smart Solar Energy, Manav Rachna University, Faridabad was open to all. The training modules included basics of PV modules, batteries and solar UPS, types and working on solar modules, types, and significance of solar charge controller, working, installation and sizing of both solar on-grid and off-grid systems […] Read more
Fortum appoints Ingela Ulfves as VP, Investor Relations and Financial Communications Updated On Thu, Aug 17th, 2017 by Saurenergy Ingela Ulfves joins Fortum from Eltel, an infrastructure service company listed in Sweden, where she has been responsible for the areas of investor relations, external and internal communications, marketing and brand. Ingela Ulfves, M.Sc. (Econ.), has been appointed as Vice President, Investor Relations and Financial Communications at Fortum starting in December 2017 at the latest. […] Read more
States participating in UDAY take over targeted debt of Rs. 2.09 lakh crores of their DISCOMs Updated On Thu, Aug 17th, 2017 by Saurenergy The process of States taking over the targeted debts and issuing them as SDL Bonds has now been completed. As of now, the participating DISCOMs have to issue Bonds worth approximately Rs. 37,000 crores, which would be done in due course Ujwal DISCOM Assurance Yojana (UDAY) was launched in November, 2015 and has completed more […] Read more