Facebook Partners with Longroad Energy For 379 MW Texas Solar Project Updated On Fri, May 31st, 2019 by Saurenergy Facebook will be the sole tax equity investor for the project, the company’s first direct investment in a renewable energy project. Longroad Energy, a US-based renewable energy developer, has announced the financial close and start of construction of its Prospero Solar project in Andrews County, Texas with a total financing package of approximately $416 million. […] Read more
Jakson Launches Lithium Powered Hybrid Energy Storage System Updated On Thu, May 30th, 2019 by Saurenergy Jakson today announced the launch of a compact Hybrid Energy Storage System (HESS) for residential and commercial users to harness the benefits of solar energy more effectively and efficiently. The launch event was held in Chandigarh and attended by senior industry professionals and members of Jakson Senior Leadership team. Jakson HESS is a new age […] Read more
EESL Issues Tender For 2.7 Lakh Solar Water Pumps Updated On Thu, May 30th, 2019 by Saurenergy The last date for bid submission on the solar water pumps tender is July 1, 2019 The Energy Efficiency Services Limited (EESL), a joint venture of PSUs of Ministry of Power (Govt. of India) has issued a tender, seeking bids from eligible bidders for procuring 272,579 solar water pumps. The scope of work for the selected […] Read more
3.9 Mn Off-Grid Solar Lighting Products Sold in 2nd Half of 2018: Report Updated On Thu, May 30th, 2019 by Saurenergy According to a new report, globally, 3.9 million off-grid solar lighting products were sold in the second half of 2018, an installed capacity of 32.39 MW. ‘The Global Off-Grid Solar Market Report’ a biannual report by GOGLA and the World Bank’s Lighting Global program was recently published for the second half (July-December) of 2018. The […] Read more
Power Finance Corp More Than Doubled Q4 Profits Updated On Thu, May 30th, 2019 by Saurenergy Power Finance Corp has reported in its Q4 2019 results that it has more than doubled its profits for the quarter over the same period last year. State-owned Power Finance Corp (PFC) has reported over a twofold rise in its standalone net profits to Rs 2,117.56 crore for the March 2019 quarter, mainly on the […] Read more
India Now the Lowest Cost Producer of Solar Power Updated On Thu, May 30th, 2019 by Saurenergy A new report by IRENA has revealed that India now holds the tag of the lowest cost producer of solar power in the world. The International Renewable Energy Agency’s (IRENA) latest report, ‘Renewable Power Generation Costs in 2018’ highlights the latest trends for each of the main renewable power technologies. And draws on the latest […] Read more
Cost of Renewable Power Dropped to a Record Low in 2018: Report Updated On Thu, May 30th, 2019 by Saurenergy The Renewable energy Sources like solar, onshore Wind costs will see a further slide next year consistently cheaper than any other fossil fuel source says the newest IRENA report. Boosting the business case for Renewables in the world, costs of renewable sources like onshore wind and solar photovoltaic (PV) technologies will in the next year […] Read more
Waaree Launches India’s First 400 Wp Modules; Eyes Exponential Growth in FY20 Updated On Wed, May 29th, 2019 by Saurenergy “The module is apt for both commercial and residential projects, especially when space allocation is a challenge,” Rathi added. Country’s one of the leading PV module maker and EPC services provider, Waaree Energies has launched a series of next generation solar modules called Super 400 in India. The company claimed that this is the country’s first […] Read more
WB Announces Energy Partnership to Support Energy Storage in Developing Countries Updated On Wed, May 29th, 2019 by Saurenergy The 10th Clean Energy Ministerial and 4th Mission Innovation Ministerial, being held at Vancouver, Canada, saw the announcement of a new international partnership by the World Bank. The Energy Storage Partnership (ESP) includes the World Bank Group and 29 organizations working together to help develop energy storage solutions tailored to the needs of developing countries. The […] Read more