SECI Extends Bid-Submission Deadline for Rihand Dam 150 MW Solar Tender Updated On Mon, Jul 30th, 2018 by Saurenergy The deadline of the bid submission has been extended up to September 4, 2018. The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for the tender of 150 MW grid connected floating solar power project to be installed at Rihand Dam, Uttar Pradesh. The deadline of the bid submission has been […] Read more
Chinese Solar Panels Dumping Causes Loss of 2 Lakh Jobs: Report Updated On Fri, Jul 27th, 2018 by Saurenergy The loss of jobs came on the heels of disproportion in the trade patterns between India and China and a faulty implementation of interest safeguarding policies. The Parliamentary Standing Committee on Commerce estimated loss of 2 lakh jobs in the country due to dumping of Chinese solar panels. The loss of jobs came on the […] Read more
Sungrow launches State-Of-The-Art Factory at India Base Updated On Fri, Jul 27th, 2018 by Saurenergy Sungrow India has installed more than 2 GW of renewable capacities. The launch of the factory is aimed at improving company’s global delivery and enhancing service to the customers worldwide. India’s leading inverter company, Sungrow launches a state-of-the-art facility for manufacturing of central and string inverters, fulfilling Indian as well as international demands. With […] Read more
New Energy Solar to Buy 87 MW Beryl Project from First Solar Updated On Wed, Jul 25th, 2018 by Saurenergy Currently, the 87 MW Beryl Solar Project is under construction and is expected to start commercial operation in mid-2019. Sydney based New Energy Solar has inked a binding pact to acquire Beryl solar project from First Solar in Australia. The company said in a statement that, “It has entered into binding agreements to acquire the […] Read more
SEBI Permits ‘ReNew Power’ to Float IPO Updated On Tue, Jul 24th, 2018 by Saurenergy The ReNew Power IPO comprises of new shares worth Rs 2,600 crore. The move also comes with an additional offer for sale of over 94 million equity shares by existing shareholders. In a substantial addition to solar industry, market watchdog SEBI sanctions Goldman Sachs’ ReNew Power to float its Initial Public Offering (IPO). The ReNew […] Read more
SPDA Eyes Full Exemption from Safeguard Duty on Solar Equipment Updated On Mon, Jul 23rd, 2018 by Saurenergy Such safeguard duty on solar equipment could also kill thousands of job created from the down-stream activities of solar power generation including the manufacturing sector. The Solar Power Developers Association (SPDA) has sought complete exemption of safeguard duty on solar equipment for ongoing project. It believes that such a move can jeopardise investments worth Rs 1 […] Read more
Indian Manufacturers to benefit from Rs 8000 Cr Solar Energy Scheme Updated On Mon, Jul 23rd, 2018 by Saurenergy If the Solar Energy Scheme gets required approvals and execution, it would mandate the Indian solar cell’s manufacturers to manufacture without the violation of WTO’s trade rules. A 12 Gigawatts Solar Energy Scheme to back the indigenous manufacturing of the solar energy components is underway. The scheme is proposed to be costing Rs 8000 crore. […] Read more
Invenergy to Power Facebook’s Oregon Data Center with Solar Power Updated On Fri, Jul 20th, 2018 by Saurenergy Further, Invenergy will supply 100 MW of solar power from two separate projects located in Crook County, Oregon, near Facebook’s Prineville Data Center. North America’s renewable energy firm, Invenergy has entered into partnership with Pacific Power, a division of PacifiCorp, to help support the social media giant Facebook’s data center in Prineville, Oregon with renewable energy. Further, Invenergy will […] Read more
Capital Dynamics’ CEI to Buy Csolar South and West Updated On Thu, Jul 19th, 2018 by Saurenergy The company has acquired CSolar south and west projects from Tenaska, a leading independent power producer (IPP) in the United States, having achieved commercial operation and secured a long-term power purchase agreement (PPA) with a California-based utility business. An independent global asset manager, Capital Dynamics through its Clean Energy Infrastructure (CEI) team has inked a pact to […] Read more
