Marathon Capital Announces the Successful Closing of Empower Energies’ DG Solar Fund Updated On Thu, Dec 1st, 2016 by Saurenergy Marathon Capital is pleased to announce the successful closing of the Empower Energies, Inc. (“Empower” or the “Company”) Distributed Generation Fund (“DG Fund”) for commercial and industrial (“C&I”) photovoltaic solar projects originated and developed by Empower and its co-development partners. Marathon Capital served as the exclusive financial advisor and evaluated a variety of tailored, structuring […] Read more
Jharkhand To Sign PPAs For A Total Of 1.1 Gw Solar Projects By Third Week Of December: Report Updated On Thu, Dec 1st, 2016 by Saurenergy Jharkhand is expected to sign power purchase agreements (PPAs) for a total of 1.1 GW solar projects by the third week of December 2016. These solar PV projects were auctioned early this year but were stalled due to differences between DISCOMs and developers over the quoted tariff. A Jharkhand Renewable Energy Development Agency (JREDA) official […] Read more
Russian Billionaire Businesswoman Expands Investment Into Renewable Energy Updated On Wed, Nov 30th, 2016 by Saurenergy Australia based Inteco Beteiligungs GmbH, owned by Russian billionaire businesswoman and philanthropist Yelena Baturina, continues the expansion of a project to generate, use and market renewable energy in Europe. In October, Inteco completed the acquisition of a solar park near the city of Farsala in Greece. According to industry experts energy produced by the solar park in […] Read more
Marathon Capital Announces FLS Energy to be Acquired by Cypress Creek Renewables Updated On Tue, Nov 29th, 2016 by Saurenergy Marathon Capital is announced to FLS Energy (“FLS” or the “Company”) is to be acquired by Cypress Creek Renewables (“Cypress Creek”). FLS is a leading owner, operator and financier of distributed generation solar projects and has developed more than 300 MWs of projects across North Carolina and other Southeastern states. In addition to managing the […] Read more
ReNew Power secures the highest subsidy allocation from SECI for rooftop solar projects Updated On Mon, Nov 28th, 2016 by Saurenergy ReNew Power Ventures Private Limited, India’s leading renewable energy development company, has emerged as the organization with the highest allocation under the mega tender of 500 megawatts of rooftop solar projects floated by Solar Energy Corporation of India Limited (SECI) – the designated implementing agency for this scheme, providing subsidy on roof top projects across […] Read more
Solar developers seems least interested for TANGEDCO’s solar projects Updated On Mon, Nov 28th, 2016 by Saurenergy In October, Tamil Nadu Generation and Distribution Corporation Limited floated a tender for 500 MW of utility scale solar projects. The tender received limited interest and that too predominantly from smaller developers who have submitted 20 bids totaling just 116 MW. This tender from TANGEDCO follows an allocation of approx. 1200 MW in early 2015 […] Read more
Sterling and Wilson obtains EPC Contract for 170 MW Solar PV Project in Morocco Updated On Sat, Nov 26th, 2016 by Saurenergy Largest Global Solar EPC Company, Sterling and Wilson, with over 1 GW of installations on ground, have signed an agreement to construct a 170 MW photovoltaic (PV) facility, with the consortium led by ACWA Power in the Kingdom of Morocco. The agreement was signed during a ceremony at COP22 in Marrakech. The NOOR PV I […] Read more
Seci Issues RfS For Solar Developers To Set Up 500 Mw and 250 MW Solar Projects In Rajasthan Updated On Sat, Nov 26th, 2016 by Saurenergy Solar Energy Corporation of India Limited (SECI) has released request for selection (RfS) for developers to set up Grid connected Solar PV Projects of 500 MW and 250 MW in Bhadla, Rajasthan under NSM Ph-II, Batch-IV, Tranche-VIII and Tranche-IX respectively. Interested bidders have to download the official copy of RfS & other documents from TCIL […] Read more
Center grants Rs 2.45 crore for solar city projects Updated On Tue, Nov 22nd, 2016 by Saurenergy The Government of India has granted Rs. 2.45 crore for development of solar city project. The master plan includes preparation of, solar city cells, promotional activities and installation of renewable energy projects under the Solar City Programme in Mysuru and Hubballi-Dharwad. According to a Press Information Bureau release, the Center had already released Rs 0.87 […] Read more