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
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
Canadian Solar Closes Financing For 55 Megawatt Yamaguchi Shin Mine Solar Power Project in Japan Updated On Tue, Dec 6th, 2016 by Saurenergy Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced that it has closed JPY14.9 billion (US$141.5 million) senior and subordinate non-recourse term loan facilities to finance the construction and operation of a 55 MWp solar power plant in the Yamaguchi prefecture, Japan. The facilities […] Read more
Perovskite photovoltaic cells hit new world efficiency record Updated On Mon, Dec 5th, 2016 by Saurenergy Engineers at the University of New South Wales (UNSW) in Sydney, Australia, have smashed the world efficiency record for perovskite photovoltaic (PV) cells. The 12.1% efficiency rating was for a 16 cm2 perovskite solar cell, the largest single perovskite photovoltaic cell certified with the highest energy conversion efficiency, and was independently confirmed by the international […] Read more
Solar Accounts For 1% Of Total Power Generated In India In First Half Of FY 2016-17: Mercom Capital Updated On Mon, Dec 5th, 2016 by Saurenergy Marcom Capital in its latest report has revealed that solar energy accounts for almost 1% of total power generated in the country. 5,791.54 million Units of electricity produced in the country during the six-month period from April to September, 2016, the research firm quotes Central Electricity Authority (CEA) stated. The firm note that in the […] Read more
Thanks to our efforts, capacities have increased and prices of renewable energy have crashed: PM Updated On Mon, Dec 5th, 2016 by Saurenergy PM Modi at the Inaugural Session of PETROTECH said energy is a key driver of economic growth. Sustainable, stable and reasonably priced energy is essential for the fruits of economic development to reach the bottom of the pyramid. He added “On one hand, to meet the increasing demand, we need affordable and reliable sources of […] Read more
NISE organizing one day workshop on prospects for start –ups in Solar Energy Technologies Updated On Mon, Dec 5th, 2016 by Saurenergy National Institute of Solar Energy (NISE) is organizing 5th one day workshop on prospects for start –ups in Solar Energy Technologies at its campus on 21st December 2016. NISE says the workshop is in line with the Startup India Initiative by the Govt of India. Existing and prospective Solar Entrepreneurs, EPC contractors, Graduate Engineers, MNRE […] Read more
