Scatec Solar Secures 40 MW Solar Power Project in Malaysia Updated On Thu, Dec 14th, 2017 by Saurenergy The solar power plant, located in Northwest Malaysia, is expected to produce 65 GWh of electricity per year with annual revenues of about USD 6 million. Scatec Solar and Fumase have won the contract to develop a 40 MW solar power project in a tender held by the Energy Commission in Malaysia. The power plant, […] Read more
GST Increases Cost of Solar Projects by 12 Percent, Says AISIA Updated On Wed, Dec 13th, 2017 by Saurenergy Under the current GST regime, “solar power cost will see upward escalation”, the All India Solar Industries Association said. The Goods and Services Tax (GST) has led to 10-12 percent rise in overall cost of solar projects, the All India Solar Industries Association has said, while petitioning the government against the rise in tax incidence […] Read more
Schneider Electric Commits Generate Electricity From 100% Renewable Energy by 2030 Updated On Wed, Dec 13th, 2017 by Saurenergy The commitments are yet another step in Schneider Electric’s journey to becoming carbon neutral by 2030. Schneider Electric, the leader in digital transformation of energy management and automation, has committed to sourcing 100% renewable electricity and is throwing light on the doubling of its energy productivity. The company strongly believes it cannot go renewable without […] Read more
Solar Panel Warranty Insurance Policy Introduced by ICICI Lombard Updated On Wed, Dec 13th, 2017 by Saurenergy The park developers and park owner will be the sole beneficiary as insured, which the Solar Panel Warranty Insurance aims to cater at large. Solar park developers can now be covered by ICICI Lombard General Insurance, the company recently announced. While announcing the company stated “The standalone insurance product gives comfort to lenders and investors […] Read more
EDF Renewable Services Provides O&M Services to 146 MWp Bolero Solar Plant in Chile Updated On Wed, Dec 13th, 2017 by Saurenergy The Bolero facility, jointly owned by EDF EN Chile and Marubeni, sells the energy produced onto the Chilean spot market. EDF Renewable Services (EDF RS) announced today that it has begun full operations and maintenance services for Chile’s second largest solar park – the 146 megawatt peak (MWp) Bolero Solar PV plant located in the […] Read more
Mumbai Temple Harnesses Solar Power to Reduce Annual Power Bills By 40 Percent Updated On Wed, Dec 13th, 2017 by Saurenergy The prominent Manas Mandir derasar in Shahapur has installed solar rooftop panels that will reduce pollution and save 40 percent of its annual cost of electricity. Many Mosques and temples in several parts of India have started to harness electricity from renewable energy sources. This time, the prominent temple in Mumbai, Manas Mandir derasar in […] Read more
KOR Energy Bags Orders For 2.8MWp Rooftop Solar Power Plants Updated On Tue, Dec 12th, 2017 by Saurenergy REC Solar twinpeak modules and ABB Invertors are being used in these solar power plants to ensure maximum efficiency and performance consistency. A solar power company, KOR Energy (India) Pvt. Ltd. has bagged orders from four companies for rooftop solar plants in the industrial area of Uttar Pradesh. Of the total 2.8MWp, 1200KWp rooftop solar […] Read more
African Development Bank Grants $265M Loan for Two Solar Power Plants Updated On Tue, Dec 12th, 2017 by Saurenergy The bank has committed $265 million for Morocco where two solar power plants named NOORM I and NOORM II with a combined capacity of 800MW The African Development Bank (AFDB) has approved $324 million loan for two renewable energy projects in Africa. The Bank has set aside US$265 million for two solar power plants named […] Read more
MNRE announced new National Lab Policy for Renewable Energy Updated On Tue, Dec 12th, 2017 by Saurenergy As per MNRE, India’s target of achieving 175GW of renewable energy by 2022 has made it mandatory to have and robust and precise policy. In order to acquire better quality and reliability of projects under the renewable energy category in India the Ministry of New and Renewable Energy (MNRE) has recently announced the new and […] Read more
