European Investment Bank Signs Partnership Pact with Solar Alliance Updated On Sat, Oct 7th, 2017 by Saurenergy This new agreement reflects shared commitment to successful implementation of the Paris Climate Agreement and ensuring that solar rich economies can harness solar power to increase supply of affordable clean energy. The European Investment Bank (EIB) has agreed on a new partnership with the International Solar Alliance to mobilise finance to develop and deploy affordable […] Read more
Global Solar Tracker Market to Reach $7.54Bn by 2023 Updated On Fri, Oct 6th, 2017 by Saurenergy Solar Tracker Market size is forecast to reach USD 7.54 billion by 2023, with growth expectation of 12% CAGR from 2016 to 2023, driven by growing PV cells demand. Solar Tracker market is poised to grow significantly over the period of 2016 to 2023, owing to the growing preferences for renewable energy along with rising […] Read more
India PV Inverters Market 2017 Trends and Global Solar Micro Inverter Market Growth Updated On Fri, Oct 6th, 2017 by Saurenergy According to “India PV Inverter Market Outlook, 2021”, the market for PV inverters in India is expected to grow with a continuously increasing CAGR of 4.74% from 2015 to 2021. Central Inverters are the major market share acquirers of the inverter market. Micro-inverters are also forecasted to increase its share technology wise. Residential segment is […] Read more
EBRD Earmarks 200 Million Euros for Renewables in Kazakhstan Updated On Thu, Oct 5th, 2017 by Saurenergy The EBRD Board of Directors has approved a financing framework of up to €200 million. This will be used to finance primarily private renewable energy projects with a total generating capacity of 300 MW within the next five years. As Kazakhstan prepares to celebrate the 25th anniversary of its independence, the European Bank for Reconstruction […] Read more
Azure Power to Expand Electrification of Indian Railways Updated On Fri, Sep 29th, 2017 by Saurenergy Azure Roof Power will be used to provide power for 25 years to various Indian Railway facilities across 17 states and union territories. The power will be sold at a tariff range of INR 3.64 – 4.49 (US$ 0.06- 0.07) based on location. Azure Power has announced that it has won an additional 20 MWs […] Read more
ADB to Help Develop Rooftop Solar Power Systems in Sri Lanka Updated On Thu, Sep 28th, 2017 by Saurenergy Apart from extending $50 million loan, ADB will also administer a $1 million technical assistance from the Asian Clean Energy Fund under the Clean Energy Financing Partnership Facility to help build capacity, increase awareness of stakeholders, and support the project’s implementation in Sri Lanka. The Asian Development Bank’s (ADB) Board of Directors has approved a […] Read more
ADB Expands Clean Energy Project in India with AIIB Co-financing Updated On Thu, Sep 28th, 2017 by Saurenergy The ADB financing comprised a $500 million government-backed loan and a further $500 million in non-sovereign lending to India’s national transmission company, Power Grid Corporation of India Limited (POWERGRID). The Asian Development Bank (ADB) has agreed to finance additional power transmission network components with co-financing from the Asian Infrastructure Investment Bank (AIIB) that will connect […] Read more
Azure Power Bags 260 MW Solar Power Project in Gujarat Updated On Wed, Sep 27th, 2017 by Saurenergy The 260 MW allocation is the largest allocation by GUVNL to a solar power developer, 52% of the total allocated capacity of 500 MW announced. Azure Power will provide power for 25 years to GUVNL which has been rated AA- by ICRA, a Moody’s company, at a tariff of INR 2.67 (~US$ 0.04) per kWh. […] Read more
Solar Photovoltaic (PV) Glass Market to Grow From USD 4.38 Billion in 2017 to USD 18.48 Billion by 2022: MarketsandMarkets Updated On Tue, Sep 26th, 2017 by Saurenergy MarketsandMarket forecasts the solar photovoltaic (PV) glass market to grow from USD 4.38 Billion in 2017 to USD 18.48 Billion by 2022, at a CAGR of 33.4% from 2017 to 2022. Surging demand for solar energy in emerging economies and preference for solar energy in the residential applications are the key factors contributing to the […] Read more
