Scatec Solar closes sale of 104 MW (DC) Utah Red Hills solar power plant to MIC Renewable Energy Updated On Fri, Dec 30th, 2016 by Saurenergy Sale generated gross cash proceeds to Scatec Solar of USD 28 million Scatec Solar has closed the sale of 100% of the sponsor equity in the 104 MW Utah Red Hills solar power plant to MIC Renewable Energy Holdings. The sale generated gross cash proceeds to Scatec of USD 28 million (NOK 245 million). The […] Read more
Sterling and Wilson secures 170 MW Solar Project in Morocco Updated On Tue, Dec 27th, 2016 by Saurenergy Global solar EPC firm Sterling and Wilson has signed an agreement with a consortium led by ACWA Power to construct a 170 MW photovoltaic (PV) facility in Morocco. The agreement was signed during a ceremony at COP 22 in Marrakech, the company said in a statement. “The NOOR PV I Program will consist of three […] Read more
Year-End Review – Ministry of Power Updated On Mon, Dec 26th, 2016 by Saurenergy In view of the growing need of the Indian Economy, Government of India has embarked upon a massive programme to provide 24×7 power across the country by 2019. After the completion of half of its term, the Government has achieved many important milestones in the Power sector. Special focus has also been given to North East by giving […] Read more
Rajasthan Government Exempts Electricity Duty for Rooftop Solar Updated On Mon, Dec 26th, 2016 by Saurenergy To further encourage the investments in renewable energy projects, the state government of Rajasthan has exempted electricity duty of 40 paise/unit for rooftop solar and captive units. The decision will help the state to reach closer to 2300 MW rooftop solar capacity by 2022, a target given to it by the Centre. The duty cut […] Read more
HAL Airport Installs 3.5MW Single-Axis Solar Project Updated On Sat, Dec 24th, 2016 by Saurenergy To harness solar energy, a 3.5MW solar power project has been installed by HAL at its Airport in Bengaluru. The solar power project that spread across 23 acres with 12,985 solar modules was inaugurated by T. Suvarna Raju, CMD, HAL on Friday. “We are pleased to be a part of this environment friendly initiative by […] Read more
SunPower dedicates 20-MW solar plant in Arizona Updated On Fri, Dec 23rd, 2016 by Saurenergy At an event today in Cochise County, Ariz., Sulphur Springs Valley Electric Cooperative (SSVEC) and SunPower are dedicating a 20-megawatt (AC) solar photovoltaic power plant that is now generating clean, renewable solar power for customers in SSVEC’s service territory. SSVEC will purchase the power generated by the solar plant under a 20-year power purchase agreement […] Read more
GCC Solar Equipment Market to Reach $8.8 Billion by 2022 – Increased Focus on Renewable Sources – Research and Markets Updated On Thu, Dec 22nd, 2016 by Saurenergy Research and Markets has announced the addition of the “GCC Solar Equipment Market (2016-2022): Market Forecast by Types, Countries and Competitive Landscape“ report to their offering. Growing energy requirements, infrastructure development, decrease in global oil prices along with the increased focus on renewable sources especially solar energy are some of the key factors that would spur the demand […] Read more
LG CNS bags contract for 55MW Yamaguchi Shin Mine Solar Power Project in Japan Updated On Wed, Dec 21st, 2016 by Saurenergy LG CNS has announced that it will construct a 55 Megawatt solar power plant in Shin Mine of Yamaguchi prefecture, Japan. The project amounts to approx. KRW 170 billion in size with the cost of construction and operation combined, and it will last about 18 months with the goal of commencing commercial operation in May […] Read more
Sewa International installs 5kw solar plant at tribal girls school in Kandhmaal, Odisha Updated On Wed, Dec 21st, 2016 by Saurenergy Sewa International under its Clean Tech Initiative has installed a 5kW solar power plant at tribal girls school, Jaleshpata Kanya Ashram in Kandhamaal district of Odisha. Kandhamal district came into existence on 1st January 1994, after Phulbani District was divided into Kandhamal and Boudh Districts of Odisha. The solar project installed with an aim to […] Read more
