Enphase to Buy SunPower’s Microinverter Business Updated On Thu, Jun 14th, 2018 by Saurenergy According to the Enphase Energy, The five-year agreement is intended to accelerate global adoption of AC modules as the de facto residential solution. After trading hours, the Enphase Energy announced that it plans to acquire microinverter business of SunPower for $25 million in cash and $ 7.5 million in shares of Enphase common stock. According […] Read more
President Kovind to Launch Solar Charkha Mission on 27 June Updated On Thu, Jun 14th, 2018 by Saurenergy The Solar Charkha mission has been approved by the government … As of now, the government has approved Rs 550 crore of subsidy for around 50 clusters. Every cluster will have between 400 to 2,000 artisans. Announcing the date for launch of the new solar scheme by President Ram Nath Kovind, Union Minister Giriraj Singh […] Read more
Renewable Energy Pact with Peru Approved by Union Cabinet Updated On Thu, Jun 14th, 2018 by Saurenergy The agreement aims to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues on the basis of mutual benefit equality and reciprocity. For the promotion of renewable energy projects in the country, a Union cabinet chaired by Prime Minister Narendra Modi approved an […] Read more
Uttarakhand HC Rules Against Solar Power Panels on Fields Updated On Thu, Jun 14th, 2018 by Saurenergy Under the Grid Interacted Rooftop and Small SPV (solar photovoltaic) Power Plant scheme, the Uttarakhand government is promoting the use of small-scale rooftop solar power plants in the state. The National Solar Mission of the Ministry of New and Renewable Energy provides a subsidy of 30% to the applicants. In an order, the Uttarakhand high […] Read more
AP Tenders 15 MW of Rooftop Solar Projects Updated On Wed, Jun 13th, 2018 by Saurenergy The upper tariff cap for this tender has been fixed by NREDCAP at Rs 5 per KW, and the project size will vary from 50 KW to 500 KW. Any bidder can bid for a minimum of 1 MW and the maximum he can bid up to 5 MW. To be developed under the RESCO, […] Read more
Bharat Forge Invests 90 Crore in EV company Tevva Motors Updated On Wed, Jun 13th, 2018 by Saurenergy The investment by Bharat Forge would mean the company has acquired a license for commercialization of the Tevva technology within India. It would also mean the company can strengthen the research and development (R&D) activities in the e-mobility space. In a major strategic development, an Indian multinational company, Bharat Forges invested around Rs 90 crore […] Read more
Magenta Power Sets-up India’s 1st Solar Powered EV Charging Station; Mulls to Expand by Year End Updated On Wed, Jun 13th, 2018 by Saurenergy The company also has aggressive plans in EV space and aims to set up 100 charging stations at various locations in Mumbai. It is also in discussions with various stakeholders to this end. One of the leading service providers of renewable energy solutions, Magenta Power in association with Exicom installs country’s first solar charging station […] Read more
Triton Solar Introduces Solar Based Power Backup Solution to India Updated On Wed, Jun 13th, 2018 by Saurenergy In our bid to innovate, we used our unique printed solar panel technology and designed a robust working model which can be installed at the customer premise. Making it live for entire India, New Jersey-based Triton Solar brings Triton brings user-friendly and pocket-friendly Backup Solutions From 10KWH to 10MWH of requirements. From common households to manufacturing units to small […] Read more
TN to Invest 5,000 Crore in Renewable Energy Updated On Wed, Jun 13th, 2018 by Saurenergy A dedicated central public sector undertaking for solar power, SECI, is working elsewhere on the theme of floating solar projects as well. SECI, at the beginning of this year, issued tenders for a 150 MW plant for Rihand Dam in Uttar Pradesh. To set the voyage for the total transformation of the state’s transmission infrastructure […] Read more
