Coal India to set up 1000 MW Solar Power Plant: Piyush Goyal Updated On Wed, Jun 14th, 2017 by Saurenergy Coal India Ltd (CIL) will set up 1,000 Megawatt (Mw) solar power plant in a bid to reduce its carbon footprint. The Minister for Coal, Mines and Renewable Energy, Piyush Goyal recently announced that India for the first time became an energy exporter in the year 2016-17. He also said that Coal India Ltd (CIL) […] Read more
Adani Group commissions 50 MW UP Solar PV Plant in Uttar Pradesh Updated On Wed, Jun 14th, 2017 by Saurenergy The Adani group has announced the completion of a 50 MW solar PV plant at Mahoba in Uttar Pradesh under the National Solar Mission Scheme with an investment of Rs 315 crore. The string inverter technology used is the first of its kind in UP with crystalline silicon modules that allow miniature level control of […] Read more
EBRD Invests in Second Solar Park in Kazakhstan Updated On Tue, Jun 13th, 2017 by Saurenergy The EBRD’s investment in the southern Zhambyl region follows Burnoye Solar Park -1, the award-winning first utility-scale renewable energy project in Kazakhstan under the new legislation which enabled private investment in the sector. The European Bank for Reconstruction and Development is financing the 50 MW Burnoye Solar Park-2 project in Kazakhstan in partnership with the […] Read more
JinkoSolar Signs Cooperation Agreement for 187 MW Solar PV Modules with Quantum Power in Japan Updated On Tue, Jun 13th, 2017 by Saurenergy JinkoSolar’s 187 MW solar PV modules will be delivered to three projects of Quantum Power in Japan located in Ibaraki, Gunma and Mie prefecture. JinkoSolar Holding Co., Ltd., a global leader in the solar PV industry has announced that its Japan subsidiary (Jinko Japan) has entered into an 187MW Cooperation Agreement with Quantum Power GK, […] Read more
NIIF Ready to Provide Last Mile Funding to Stressed Projects Updated On Tue, Jun 13th, 2017 by Saurenergy The government will set up two sub-funds under the NIIF -one in clean energy fund, which will primarily focus on renewable energy and another with focus on highway projects. The National Investment and Infrastructure Fund (NIIF) is ready to provide last mile funding to stressed projects funded by banks. The issue of funding from NIIF […] Read more
First Solar Secures Syndicated Development Loan Facility from Mizuho for Solar Projects in Japan Updated On Fri, Jun 9th, 2017 by Saurenergy This financing represents the first syndicated solar project development loan facility arranged and participated in by Mizuho Bank, and it is the third loan facility First Solar has secured with Mizuho Bank. First Solar has announced that it has signed a syndicated development loan facility agreement of approximately $64 million with Mizuho Bank for utility-scale […] Read more
Indian Navy to Setup 19 MW Solar Power by 2018 Updated On Thu, Jun 8th, 2017 by Saurenergy Indian Navy has pledged 1.5 percent of its works budget to renewable energy generation, and contribute towards national mission of achieving 100 GW solar power by 2022. To achieve the national mission of 100 GW solar power installations by 2022, the Indian Navy will be adding up 19 MW of solar PV by 2018, in […] Read more
KERC accelerating solar projects as demand surges in Karnataka Updated On Wed, Jun 7th, 2017 by Saurenergy The KERC has included cross-subsidy charges on solar power from solar farms. Additionally, it has given a 10-year waiver of key grid charges, for solar power projects commissioned before March 2018. Taking cue from Prime Minster Narendra Modi’s ardent appeal in Paris Climate Conference in 2015 to make India a solar-powered nation, the Karnataka Electricity […] Read more
NEXTracker Achieves 1 GW of Solar Tracker Sales in India Updated On Tue, Jun 6th, 2017 by Saurenergy NEXTracker’s projects commissioned or under construction with Sterling & Wilson, Adani Green Energy, SkyPower, CleanMax Solar, Suzlon, and ReNew Power are milestones that demonstrate the rapidly growing adoption of solar trackers in India. NEXTracker has announced that it has sold over 1 gigawatt (GW) of solar trackers to utility-scale power plants in India. This achievement […] Read more