India May Fall Short of its 100 GW Solar Ambitions: Wood Mackenzie Updated On Fri, Feb 8th, 2019 by Saurenergy India’s installed grid-connected power generation capacity increased 4 percent from January to October 2018 to reach 347 GW. India may fall well short of its 100 GW solar by 2022 target as it faces short-term uncertainty due to the imposition of various taxes, according to research and consultancy firm Wood Mackenzie. Renewables accounted for 9.7 […] Read more
SECI and Govt of Puducherry Sign PSA For 100 MW Wind Power Updated On Thu, Feb 7th, 2019 by Saurenergy SECI announce an agreement with the Electricity Department of Puducherry for sourcing 100 MW of wind power. The Electricity Department of the Government of Puducherry has signed an agreement with the Solar Energy Corporation of India (SECI) to source 100 MW of Wind Power. The new agreement will be slotted under the Union Territory’s Renewable […] Read more
Nike Signs First Wind Power PPA in Europe Updated On Thu, Feb 7th, 2019 by Saurenergy The global sporting brand now benefits from the supply of over 200 megawatts (MW) of renewable wind power. Nike, the global sporting brand, has signed a Power Purchase Agreement (PPA) with Spain’s Iberdrola to source 40 MW of wind power from the Cavar wind complex in Navarra, northern Spain to power its facilities in Europe. […] Read more
Aurora Solar Raises $20 Mn to Scale Solar Software Updated On Tue, Feb 5th, 2019 by Saurenergy This financing signals a high-growth phase for Aurora, as the company expands its product functionality to further streamline solar installers’ processes. San Fransisco startup, Aurora Solar, one of the leading software platforms for distributed solar, has raised $20 million in a Series A round, led by Energize Ventures. S28 Capital also joins existing investor, Pear, in the round. “We see a […] Read more
Uzbekistan Issues Tender in Partnership with IFC for 100 MW Solar Project Updated On Tue, Feb 5th, 2019 by Saurenergy Based on the success of the implementation of the tender, the volume of the projects will be raised to 900 MW in consequent tenders. Uzbekenergo JSC, a government-owned power utility, has issued a request for selection (RfS) for 100 MW of grid-connected solar projects to be developed in Navoi region of the Republic of Uzbekistan. […] Read more
Hanergy to Set Up ME’s 1st Thin-Film Solar Park with $1 Bn Investment Updated On Fri, Feb 1st, 2019 by Saurenergy As per the deal, the two companies will collaborate to develop renewable energy manufacturing facilities in Saudi Arabia and conjointly seek relevant investment opportunities. Thin-film solar power solutions giant Hanergy Thin Film Power Group signed an investment cooperation pact with Ajlan & Bros to launch the first solar thin-film industrial park in the Middle East (ME) region. Further, […] Read more
Viz-A-Viz with Andrew Hines, Co-Founder, CleanMax Solar Updated On Thu, Jan 31st, 2019 by Saurenergy First Loss Protection Program Could be a Passible Support To promote a broadening of the rooftop segment into those underserved markets, the government can play a very important role. One possible support would be a “first loss protection” program, in which the government or a multilateral agency would absorb some of the credit risk of […] Read more
Tata Power’s Renewable Biz Shines in Q3 FY19; Now Brings Rooftop Offer to Cochin Updated On Wed, Jan 30th, 2019 by Saurenergy During the quarter, its consolidated revenue rose by 16 percent at Rs 7,571 crore as compared to Rs 6,506 crore last year. Country’s one of the leading integrated power company, Tata Power’s renewable energy business showed impressive growth during the October-December quarter of FY19 as its consolidated EBITDA grew by 9 per cent to Rs […] Read more
European Companies Set Record For Wind Power Deals Updated On Wed, Jan 30th, 2019 by Saurenergy European companies bought a record amount of wind power last year, as businesses looked for greener ways to drive their machinery and data centres. As wind power becomes competitive on price with conventional energy in many countries, big companies have rushed to secure renewable energy to manage costs and reduce their carbon emissions, while boosting their image with […] Read more
