MNRE Releases Advisory, Clarifying Rooftop Solar Scheme to Vendors Updated On Sat, Jan 16th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) released an advisory to clarify the Rooftop Solar Scheme regarding which many vendors are in confusion. MNRE is implementing the Grid-connected Rooftop Solar Scheme (Phase-II) to generate solar power by installing rooftop solar panels on the houses. Under which the ministry is providing 40 percent subsidy for […] Read more
JA Solar Supplies all Modules for Largest Solar Project in Guam Updated On Sat, Jan 16th, 2021 by Saurenergy JA Solar recently announced that it supplies all PV modules needed to complete an 88 MW project in Guam. Invested in and constructed by Korea Electric Power, the project will be the largest single PV plant in Guam. Located on an island and in an environment with strong winds, the project has stricter than usual requirements for […] Read more
1st Batch Successfully Connected at World’s Largest Tidal-Flat Solar Plant Updated On Sat, Jan 16th, 2021 by Saurenergy The first batch of units of the world’s largest tidal-flat utility PV plant (300 MW), contracted by the 12th Bureau of Hydropower, have been successfully connected to the grid for power generation. This completed the annual grid connection goal safely, efficiently, and satisfactorily. The project, which is now the world’s largest coastal tidal flat solar […] Read more
CAMS Acquires Solar O&M Company Belectric Updated On Thu, Jan 14th, 2021 by Saurenergy Consolidated Asset Management Services (CAMS) today announced that it has acquired the U.S. solar operations and maintenance (O&M) business of Belectric Inc. The Belectric portfolio includes 141 operating sites in 11 states. With extensive O&M and Asset Management experience in renewable power generation, CAMS sees this solar O&M transaction as a natural extension of its […] Read more
New Policies Aid 25-fold Jump in Rooftop Solar Installations in Vietnam: IEEFA Updated On Thu, Jan 14th, 2021 by Saurenergy A new IEEFA note details that there are now over 101,000 rooftop solar systems deployed over residential, C&I premises across Vietnam A new research note from IEEFA details that as of December 31, 2020, the closing date for eligibility to the second solar feed-in-tariff program, a total of 9.3 gigawatts peak (GWp) (or 7.4 GW) […] Read more
Delhi Metro Tenders for 2 MW Rooftop Solar Project Under RESCO Model Updated On Wed, Jan 13th, 2021 by Saurenergy The Delhi Metro tenders for commissioning of 2 MW rooftop solar project under RESCO model at the staff quarters of DMRC in Delhi. The Delhi Metro Rail Corporation (DMRC) has issued a tender, inviting bids from eligible bidders, for the commissioning of a 2 MW rooftop solar PV power project under RESCO model at the […] Read more
Grenergy Renovables S.A. and Natixis Close Solar PV Portfolio Financing in Chile Updated On Tue, Jan 12th, 2021 by Saurenergy Grenergy Renovables S.A. (“Grenergy”), with Natixis as Sole Lead Arranger, Hedge Provider, LC Issuing Bank and Administrative Agent, have successfully closed senior secured facilities totaling US $91 million for an expected 130 MWp portfolio of 14 solar photovoltaic (“PV”) plants in Chile. This marks Natixis’ first transaction with Grenergy and was fully underwritten by Natixis. The Grenergy portfolio […] Read more
Lightsource bp Signs Power Contract for 153 MW Solar Project in Texas Updated On Fri, Jan 8th, 2021 by Saurenergy Lightsource bp has secured a proxy generation power purchase agreement (pgPPA) with the Capital Solutions unit of Allianz Global Corporate & Specialty (AGCS), in partnership with Nephila Climate. The pgPPA is for electricity generated by Lightsource bp’s 153 megawatt Briar Creek solar farm, located in Navarro County, Texas. A pgPPA is an innovative renewable energy […] Read more
Andhra Pradesh’s 6400 MW Solar Bid Challenged By Tata Power Updated On Fri, Jan 8th, 2021 by Saurenergy Tata Power Renewable Energy has managed to get a stay from the Andhra Pradesh High Court on the massive 6,400 MW ultra mega solar project. The project was being projected by the state government as a clear sign of its recovery from the disputes it created with developers and its ability to draw investor interest […] Read more