Solar Business: Greenlight Planet Raises $60 Million led by Apis Partners Updated On Wed, Dec 6th, 2017 by Saurenergy Greenlight Planet will use the new debt and equity capital to expand its solar-energy product lines, distribution networks, and financing capabilities in Africa and Asia Renewable energy firm Greenlight Planet Inc has raised $60 million in a funding round led by London-based private equity fund manager Apis Partners. The debt and equity round, which was […] Read more
International Conference on Climate Change to be Hosted by Nepal Updated On Mon, Dec 4th, 2017 by Saurenergy The event will witness more than 200 delegates including scientists, environmental experts, government officials, non-governmental organizations and policy makers. An international conference on climate change and concerning its adverse effects to on Hind Kush mountain range’s habitat will be hosted by Nepal to address the sensitive issue. The four day international conference will be inaugurated […] Read more
Solarhome Installs 1000 Solar Energy Systems In Rural Myanmar Updated On Mon, Dec 4th, 2017 by Saurenergy Singapore-based SolarHome installs integrated solar energy and appliance units in customers’ homes. Singapore-headquartered Off-grid PV provider SolarHome has installed 1000 Pay-As-You-Go (PAYG) solar energy systems in rural Myanmar. According to the company statement, the firm is growing rapidly having recently closed a pre-Series A round of equity funding led by Uberis Capital and debt funding […] Read more
Su-Kam Organizes Solar Energy Meet with 50 Stakeholders in Lucknow Updated On Sat, Dec 2nd, 2017 by Saurenergy Over 50 stakeholders converge at Lucknow to deliberate on solar energy roadmap Su-Kam, a leading company in power back- up and solar solutions organized a meet with 50 stakeholders in the solar segment at Lucknow to deliberate on India’s renewable energy roadmap. The meet also showcased latest technologies in the solar segment catering to the […] Read more
Paris Agreement Enables India to Attract $3.1 Trillion of investments by 2030 Updated On Fri, Dec 1st, 2017 by Saurenergy India’s target of installing 175GW of energy capacity by 2022 claim to have potential of $448 billion worth investments. As per the report issued by the International Finance Corporation (IFC), around $3.1 trillion worth investments are to be expected by 2030. The investments majorly aimed at accomplishing goals as set by the Paris agreement. The […] Read more
Rooftop Solar Presents a $23 Billion Opportunity in India: Report Updated On Thu, Nov 30th, 2017 by Saurenergy Rooftop solar in India will grow inevitably with or without the support of power distribution utilities According to a new report released by Bloomberg New Energy Finance (BNEF), India’s 40-GW target for rooftop solar PV by 2022 represents a $23 billion investment opportunity. The report titled, ‘Accelerating India’s Clean Energy Transition,’ which was released at […] Read more
Tumbling Solar Prices Starts Claiming Victims as Trina Reconsiders India Updated On Thu, Nov 30th, 2017 by Saurenergy Trina solar CEO says the Chinese company is reconsidering a planned India plant because prices there are now too low. The price of solar is tumbling across the world. And solar auctions are having their intended effect: Prices for developers are tumbling across Asia. While that’s good news for consumers, solar companies might have to […] Read more
World Bank’s IFC Funds CleanMax Solar with $15 Million Updated On Thu, Nov 30th, 2017 by Saurenergy IFC also invested $125 million in Hero Future Energies, Hero Group’s renewable arm against an undisclosed equity stake. A senior executive from rooftop solar company CleanMax Solar has announced that the firm which is currently backed by American private equity giant Warburg Pincus has recently secured $15 million of funding against equity capital from International […] Read more
India Should Focus On To Build Solar-Electricity Storage System: Researcher Updated On Wed, Nov 29th, 2017 by Saurenergy The process having a mismatch between peak demand and electricity generation period for solar. The Fellow & Area Convenor at the Centre for Resource Efficiency and Governance in The Energy and Resources Institute (TERI), Nitya Nanda emphasized on building a robust storage system for electricity to have balance cost-effective energy mix. Nitya also stated about […] Read more