Indian Banks edgy, as Solar Companies fails to deliver Updated On Thu, Apr 14th, 2016 by Saurenergy What could make Prime Minister Narendra Modi’s plans of capitalizing $100 billion of solar power from foreign investments edgy? Indeed, an In-Flow and Out-Flow leeway of Investment and Finance. The global renowned US Company, SunEdison standstill on at least $1.4 billion of loans and credit facilities, is seeking to sell as much as 1 gigawatt(GW) […] Read more
BORG Energy starts selling its Solar Photo Voltaic Panels in the Indian market Updated On Wed, Apr 6th, 2016 by Saurenergy BORG Energy Pvt. Ltd has started selling its Solar Photo Voltaic Panels in the Indian market. The company changed its sales strategy for the Indian market after seeing positive response for its newly introduced solar power solutions. BORG Energy’s sales strategy until now was limited to supply and sell of its turnkey Solar Photo Voltaic […] Read more
Solar Installation to well surpass 4GW in 2016, marking a 100% YoY Growth – Report Updated On Fri, Mar 11th, 2016 by Saurenergy The Indian solar sector is finally emerging from hibernation with solar installations doubling in 2015 after three years of flat growth, said Raj Prabhu, CEO and co-founder of Mercom Capital Group. Global clean energy communications and research firm cited that solar installations totaled 2,133 MW in 2015, up from 883 MW installed in 2014, which […] Read more
SECI extends cooperation on utility-scale energy storage project, invites tenders to combine Solar & Wind Hybrid Project Updated On Wed, Mar 9th, 2016 by Saurenergy The Solar Energy Corporation of India (SECI) has extended interest on India’s first utility-scale energy storage project. The ambitious project is projected to be combined with a solar and wind hybrid project at Rangreek (Himachal Pradesh). The invited tender is for the design, procurement, construction, commissioning and associated transmission system for 2MW of grid-connected solar […] Read more
Gamesa bags 12MW Solar Deal in Tamil Nadu Updated On Fri, Mar 4th, 2016 by Saurenergy Spanish renewable provider, Gamesa announces a successful solar deal of commissioning 112MW in the state of Tamil Nadu, India. Through this photovoltaic (PV) project, the company will provide engineering and design services, supply inverters, implement the actual installation and commission the solar PV parks. Previously, The latest order expands the company’s Indian solar power portfolio […] Read more
India on track for 20GW Goal from Indian Large-Scale Solar Pipeline – MNRE Updated On Tue, Feb 23rd, 2016 by Saurenergy Ministry of New and Renewable Energy(MNRE) reports that it has accumulated six new projects to its accredited solar parks, which will now create 33 parks across 21 states, with an aggregate PV capacity of 19.9 GW. The promising spur of the Indian National Solar Mission (NSM) has underlined another milestone closer towards a revised 175 […] Read more
ArcelorMittal to Construct 500 – 600MW Solar Plant in India Updated On Mon, Feb 8th, 2016 by Saurenergy ArcelorMittal aims to establish 500 – 600MW solar power plant in Karnataka -India instead of the Steel Mill. The company spokeswoman said that, ‘In view of current market conditions in the global steel industry and uncertainty in raw material availability, ArcelorMittal would like to utilize the acquired land in Karnataka for a meaningful purpose of […] Read more
