Canadian Solar Subsidiary Recurrent Energy Gets $50 Million LoC from Natixis Updated On Tue, Apr 2nd, 2019 by Saurenergy Canadian Solar today announced that its wholly-owned subsidiary Recurrent Energy, LLC has secured a $50 million letter of credit facility from global financial services company Natixis. The US-based firm Recurrent Energy, which is one of the leading utility-scale solar and energy storage project developer has secured a $50 million LoC facility from multinational financial services […] Read more
India and Chile Should Jointly Promote Solar Energy Globally : President Updated On Tue, Apr 2nd, 2019 by Saurenergy Kovind said that India looks forward to working with Chile to promote solar energy worldwide and enhance global action to combat climate change. President Ram Nath Kovind recently discussed wide-ranging issues of mutual interest with his Chilean counterpart Sebastian Pinera as the two sides signed three MoUs in the fields of mining, culture and disability. Kovind, who arrived after visiting […] Read more
Tata Power and IGL to Co-Develop EV Charging Stations and Solar Projects Updated On Tue, Apr 2nd, 2019 by Saurenergy Tata Power and IGL sign pact to jointly work on developing EV charging stations, swapping stations and solar power projects. Tata Power, one of India’s largest integrated power company, has signed an agreement with one of the country’s leading natural gas distribution companies, Indraprastha Gas Ltd (IGL) to co-develop electric vehicle charging stations, battery swapping […] Read more
SECI Extends Deadline For its Floating Solar Plus Storage Tender at Lakshadweep Updated On Mon, Apr 1st, 2019 by Saurenergy The last date of bid submission has been extended from April 1, 2019, to May 5, 2019. The Solar Energy Corporation of India (SECI) has extended the deadline for bid submission on its tender for setting up of 20 MW floating solar PV power plants with associated 60 MWh Battery Energy Storage System (BESS) at […] Read more
SolarMaxx Brings a Solar Carport at Mahaveer Cancer Hospital Updated On Mon, Apr 1st, 2019 by Saurenergy Solar Installations over your car parking areas, or carports as they are known, offer a convenient and effective option for institutions to start their solar journey. Here, we have the case of a healthcare institution traveling down that path. SolarMaxx, a leading PV module manufacturer in the country, has installed a solar carport at Mahaveer […] Read more
Sprng Buys Shapoorji Pallonji’s 194 MW Operational Solar Assets Updated On Mon, Apr 1st, 2019 by Saurenergy Shapoorji Pallonji Infrastructure Capital (SP Infra) has sold 194 MW of operating solar portfolio to Sprng Energy, a renewable energy platform in India by London-based private equity firm Actis. The deal size has not been disclosed. However, media reports suggest that solar asset’s enterprise value is close to $200 Million or over Rs. 13.8 […] Read more
$130 Mn Grant For Early-Stage Solar Research Project Updated On Sat, Mar 30th, 2019 by Saurenergy The U.S. Department of Energy (DOE) announced up to $130 million for new research to advance early-stage solar technologies. These projects will help to achieve affordable and reliable energy to enhance America’s economic growth and energy security. “Solar is an integral part of the Administration’s ‘all-of-the-above’ energy strategy,” said U.S. Secretary of Energy Rick Perry. “This cutting-edge, […] Read more
Kochi Metro Plans to Double its Solar Power Usage to 40 Percent Updated On Sat, Mar 30th, 2019 by Saurenergy The panels will be installed at four hectares of the marshy land at the Muttom Yard, adjacent to the Muttom Station on the KMRL metro line. The second phase powering of Kochi Metro with solar power will soon be inaugurated with the installation of panels at Muttom yard. The latest capacity additions are expected to bump the metro rail corps solar […] Read more
BHEL and GAIL Sign Pact For Co-Development of Solar Power Projects Updated On Sat, Mar 30th, 2019 by Saurenergy State-owned gas utility GAIL India Ltd has signed an agreement with Bharat Heavy Electricals Ltd (BHEL) for cooperation in the development of solar power projects. “GAIL shall be the project developer and BHEL shall act as an engineering, procurement, construction and project management contractor,” the company said in a statement. BHEL shall also provide operation and maintenance services during […] Read more
