Brazil Set to Join International Solar Alliance Updated On Mon, Mar 5th, 2018 by Saurenergy Brazil has surpassed 1.1 GW of installed solar capacity, with large-scale facilities accounting for 935 MW. It has also started the process of joining the International Renewable Energy Agency (IRENA). In a significant development, the National Congress of Brazil is reviewing a plan for the country to join the International Solar Alliance (ISA), says the […] Read more
World’s Largest 2K MW Solar Park Sets Up in Karnataka by Investing Rs 16,500 cr Updated On Mon, Mar 5th, 2018 by Saurenergy The park spans across 13,000 acres spread over 5 villages and is a benchmark in the unique people’s participation in power model put on ground. The world’s largest 2,000 MW solar park, named as ‘Shakti Sthala’, was set up with an investment of Rs 16,500 crore at Pavagada town in Tumakuru district of Karnataka. According […] Read more
Intersolar India is celebrating its 10th anniversary in Bengaluru – the Silicon Valley and technology hub of India Updated On Thu, Mar 1st, 2018 by Saurenergy Solar developments in India grew exponentially in 2017. Further announcements and new market opportunities in the energy storage and electric mobility sector strengthen India to become an interesting and very promising market in the future. The state of Karnataka is one of the most flourishing Indian solar markets and the first Indian state to launch […] Read more
Forecasting to mitigate back-down Updated On Wed, Feb 28th, 2018 by Saurenergy Unlike other renewable energy rich countries where grid management is for the purpose of energy management, the grid management in India actually targets to solve the capacity management problem. The power market structure of India is comparatively complex unlike other countries and with the penetration of massive variable renewable energy like wind and solar, the […] Read more
Avaada Power Inks MoU to Set Up 500MW Solar Farms in Andhra Updated On Wed, Feb 28th, 2018 by Saurenergy The move will generate more than 1,200 employment opportunities in the state. Renewables developer Avaada Power has inked an Memorandum of Understanding (MoU) with the Andhra Pradesh government to develop 500MW of utility-scale PV projects, with an investment of Rs 35 billion (USD537 million). The Indian solar developer said that the projects in the state […] Read more
SunPower Completes 10MW Solar, 1MW Storage Proj in Alabama Updated On Tue, Feb 27th, 2018 by Saurenergy The solar array is expected to improve the Army’s energy resilience, reduce electricity costs, and provide energy diversity. Solar solutions provider SunPower Corporation has completed and commenced the operations of a 10-Megawatt solar photovoltaic (PV) and 1-Megawatt energy storage project at the US Army’s Redstone Arsenal in Alabama. The solar array and storage project was designed, […] Read more
Ayala Acquires Majority Stake in US Solar Tech Firm Updated On Tue, Feb 27th, 2018 by Saurenergy Merlin is highly complementary to various Ayala businesses, such as the renewable energy generation under AC Energy, says Jaime Augusto. Conglomerate Ayala Corporation has expanded its footprint in the solar energy by acquiring controlling stake in the Silicon Valley-based Merlin Solar Technologies Inc. In a disclosure to the Philippine Stock Exchange, Ayala said, the transaction […] Read more
S’pore-based SolarHome Raises $1.2 mn in Convertible Note Offering Updated On Mon, Feb 26th, 2018 by Saurenergy The company to use funds to expand into dry zone in Myanmar and build out credit risk management function. A Singapore-based start-up, SolarHome, that provide Pay-As-You-Go (PAYG) solar off-grid solutions, has raised another USD 1.2 million in growth capital through an issue of convertible notes to a consortium of investors. The company to use funds to expand […] Read more
Adani Group Inks Rs 9K cr Solar, Other Projects in Andhra Updated On Mon, Feb 26th, 2018 by Saurenergy The company would also be investing in a multi-modal logistics park, says Gautam Adani. Adani Group has inked a pact with the Andhra Pradesh government to invest over Rs 9,000 crore in various projects, including setting up of solar and wind facility, development of a greenfield port, in next five years. Adani Group, Chairman, Gautam […] Read more
