Solar Imports in India Grew by 47 % In the First Half of FY 2016-17: Mercom Capital Updated On Thu, Dec 8th, 2016 by Saurenergy Mercom Capital in its latest report has revealed that Indian solar sector registered import and export activity worth over $1 billion (~Rs.67 billion) in the first half of financial year (FY) 2016-17, compared to $700 million (~Rs.44.5 billion) during the same period in 2015. The research firm notes that during the six-month period, India exported […] Read more
Scatec Solar secures 150MW of solar project in Brazil Updated On Wed, Dec 7th, 2016 by Saurenergy Scatec Solar has signed an agreement with the Brazilian company Kroma Energia Ltda. and its partners (“Kroma”), securing four PV plants totaling 150 MW (DC) co-loated in the state of Ceará in Brazil. The projects were bid and won by Kroma in the auction process held by ANEEL, the Brazilian Electricity Regulatory Agency, in November […] Read more
Haryana Government signs MoU with Prestige Ocean Holding for 100MW solar project Updated On Wed, Dec 7th, 2016 by Saurenergy Leading Chinese company Prestige Ocean Holding and Investments Limited has signed a Memorandum of Understanding (MOU) with Haryana Government for the setting up of 100 MW solar power projects in the State with an investment of 500 crore. Haryana Principal Secretary, New and Renewable Energy Department Ankur Gupta signed the agreement on behalf of the […] Read more
Ecoppia signs an agreement with Solairedirect India to deploy its automated system in Jodhpur, Rajasthan Updated On Wed, Dec 7th, 2016 by Saurenergy Ecoppia has announced that it has entered into an agreement with Solairedirect India, a subsidiary of ENGIE Group to deploy its automated system in the 10,000-hectare, 2,255 MW Bhadla Solar Park in Jodhpur, Rajasthan India. The company’s solution will be deployed on a production capacity of 168MWp out of the total 190MWp capacity. Ecoppia in […] Read more
Oxford PV secures £8.1m funding and three key strategic investors Updated On Tue, Dec 6th, 2016 by Saurenergy Oxford Photovoltaics has announced a further equity investment of £8.1million, which adds to the company’s £8.7m first close investment announced on 18 th October 2016. The bulk of this investment comes from three new strategic investors Statoil ASA, Legal & General Capital and a technology-focused, innovative family fund investor who sees the potential of the […] Read more
Tata Power Solar rated ‘Tier I module manufacturer’ by BNEF Updated On Tue, Dec 6th, 2016 by Saurenergy Tata Power Solar has announced that it has been rated ‘Tier I module manufacturer’ by Bloomberg New Energy Finance (BNEF). The global tiering system evaluates various PV manufacturing companies globally, every quarter, based on different aspects and their bankability, to identify the top tier companies in the market across the world. BNEF rates a company […] Read more
Ameresco, Town of Sturbridge partners to Build 2.4 MW Community Solar Array Updated On Tue, Dec 6th, 2016 by Saurenergy Ameresco has announced that the Company has moved forward with construction of the Town of Sturbridge’s long-awaited 2.4 MW solar facility. The solar array will be located on property behind the Center at Hobbs Brook that is otherwise considered unusable land due to its location. The multi-million-dollar solar project will provide renewable energy in support […] Read more
Solar water pump market in India struggles to take off Updated On Tue, Dec 6th, 2016 by Saurenergy In 2014, PM Narendra Modi set a target to install 1 million solar water pumps, equivalent to approximately 3000 MW, for irrigation and drinking water by 2021. But actual cumulative installed base stood at merely 25000 pumps as of April 2016. The bleak performance is despite the government offering massive subsidies of as much as […] Read more
SMA Solar receives order for 616MW of solar inverters from Greenko in India Updated On Tue, Dec 6th, 2016 by Saurenergy SMA Solar Technology AG (SMA) and Greenko Energies Pvt Ltd, a market leader, owner and operator of clean energy projects in India, have signed contracts for the supply of 616 MW of Sunny Central 1000CP XT inverters from SMA. With the inverters, Greenko will realize PV power plants in the Indian states of Karnataka and […] Read more