BRICS Bank Open its First Loan Likely for Indian Solar Sector Updated On Mon, Feb 29th, 2016 by Saurenergy The New Development Bank established by BRICS countries is to open up its first loan which is up to USD 2 billion this year by aggregating multilateral lender’s first loan to India which could be for a green solar energy project, president K V Kamath said. Kamath, said the bank is also looking for water […] Read more
Pakistan Parliament to completely run on sun Updated On Mon, Feb 15th, 2016 by Saurenergy Socio-eco structures might not have been put on the right place for Pakistan, but, some renewed news floated across media after Pakistan claims to operate its parliament with 100% solar power. Now, this makes Pakistan’s parliament to be the first of its kind in the world to rely entirely on solar power. The initiative was […] Read more
China Overruns Germany in Solar Market Updated On Fri, Feb 5th, 2016 by Saurenergy China, the largest consumer of energy outstrips Germany as the country records massive increase into its solar capacity. ‘The country had added 15.1GW of solar power last year, bringing the aggregate to 43.2GW’, the National Energy Administration said recently. ‘This is equivalent to more than a quarter of worldwide increases and 33% of the country’s […] Read more
United PV Demands $90 Million as Remittance from Hareon Updated On Sat, Jan 16th, 2016 by Saurenergy A Chinese company named United Photovoltaics Group has claimed a return of $64 million and damages redress after a deal with Hareon went fatal. United Photovoltaics Group Limited recently filed a HK$700 million ($89.8 million) claim against Hareon Solar Technolgy Company Limited in connection with an agreement to acquire on-grid solar power projects in China. […] Read more
