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IFC to invest up to USD 125 mn in Hero Future Energies

International Finance Corporation (IFC) has announced to invest up to USD 125 million with IFC Global Infrastructure Fund in Hero Future Energies. The USD 125 million of equity and proceeds will be used to fund the construction of solar and wind power plant projects. Hero Future Energies Pvt Ltd plans to have a total installed […]

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SMA introduces new Sunny Central 2500-EV-US central inverter

SMA has started taking orders for its newest central inverter, which is not only ideal for 1500 VDC applications but is also UL certified to the new UL 62109 standard. The latest from SMA, Sunny Central 2500-EV-US offers 2500kVA at 1500 VDC, facilitating EPCs, developers and owners to benefit from cost reductions due to balance-of-system […]

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You would soon see higher capacity, higher power density inverters for the local markets: ABB

In an Exclusive interview with Saur Energy International – Xavier Scaria, LPG Manager – Solar Inverters, ABB asserted that the organization has a significant role to play in decoupling the growth of carbon emissions in a growing economy like India. He also pointed out about the company’s roadmap, project and challenges. Edited excerpts from the […]

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Madhya Pradesh Government to provide state guarantee for 750MW park

The Indian state of Madhya Pradesh is planning to extend its guarantee to developers bidding for 750 MW in the Rewa Ultra Mega Solar Park, so that payments will be met by the government in the case of any default from the off-takers. The project will be one of the biggest in the state, and […]

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Sungrow signs a contract with Mytrah Energy to supply 150MW inverters in India

Sungrow has announced that it has acquired a deal to supply 150 MW of inverters to solar projects in the Indian states of Telangana and Punjab. The Chinese inverter manufacturer is already active in the markets of Asia, US and Europe, and this new contract with Mytrah Energy Sungrow will be able to display its […]

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Silicor Materials signs $8.9M USD Project Management Contract with AM Technical Solutions

Silicor Materials has signed a contract with AM Technical Solutions (AMTS) for the project management of Silicor’s first commercial-scale plant in Grundartangi, Iceland. Both the companies will work together for next 36 months to complete the 121,000 square-meter production facility, which will supply photovoltaic (PV) cell and module manufacturers around the world with at least […]

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RPO enforcement and REC markets need to be revived and net metering needs to be simplified: Kunal Chandra, head of PROINSO India

PROINSO has two divisions; Distribution & Integration and EPM (Engineering, Procurement and Management) for projects. The company offer supply and services to installers, construction companies and clients for utility, commercial and residential projects worldwide. With decade of solar experience, Proinso has 27 offices across 6 continents. Kunal Chandra, head of PROINSO India shares with us […]

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Delighted to see such a positive development in India: Heraeus Photovoltaics

Germany based Heraeus is one of the leading developer and manufacturer of silver metallization pastes for the photovoltaic industry.  For over 40 years, Heraeus has built a reputation of innovation, extensive research and new product development in thick film technologies for some of the most prominent companies within a variety of industries. In a candid […]

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Ministry of Power Raises RPO Trajectory for both Discoms and States

Ministry of Power has raised the Renewable Purchase Obligations (RPO) trajectory for solar power in India. The Renewable Purchase Obligations makes it mandate for both Distribution Companies (Discoms) and states to purchase a certain percentage of their energy from renewable. Distribution Companies in India will now have to purchase 2.75% of their energy mix from […]

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