IIEST Lights Up Bulbs with Solar, Wind and Vegetable Waste Power Updated On Fri, Dec 15th, 2017 by Saurenergy The IIEST is also setting up another 800 kw capacity solar energy plant commissioned by the Centre for Excellence for Green Energy Systems of the institute. The Indian Institute of Engineering Science and Technology has commissioned the first smart micro grid project in the country which is capable of lighting up 32 lamps each OF […] Read more
China’s Longi Plans Solar Equipment Manufacturing Facility in India Updated On Thu, Dec 14th, 2017 by Saurenergy The plan to set up a factory in India by LONGi, the world’s largest monocrystalline solar wafer maker, comes in backdrop to Union government’s proposal to make it mandatory for firms to have local manufacturing capability to bid for the world’s largest solar tender of 20 gigawatts (GW). LONGi Green Energy Technology Co. Ltd is […] Read more
SMA Exceeds 3 GW Solar Inverter Sales In India Updated On Fri, Dec 8th, 2017 by Saurenergy We are proud to announce that our total shipment of solar inverters in India has passed 3GW accumulatively says Executive Vice President of SMA Sales North America SMA Solar Technology AG (SMA) has announced that it has sold more than 1 gigawatt of solar inverters into all market segments in India in 2017. According to […] Read more
Indian Railway Finance Corporation Issues USD 500 million Green Bond Updated On Thu, Dec 7th, 2017 by Saurenergy Pricing Of USD 500 Million 3.835% Fixed Rate Senior Unsecured Dollar Green Bond of 10 Year Tenor by Indian Railway Finance Corporation Limited. Indian Railway Finance Corporation Limited (“IRFC”) announced that it has successfully raised USD 500 million 10-year green bond from investors in Asia, Europe and Middle East, and offshore US. Proceeds of the […] Read more
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
Patanjali Ayurved to Foray Into Solar Power Equipment Manufacturing Updated On Tue, Dec 5th, 2017 by Saurenergy Patanjali Ayurved, which started its operations in 2006, has an impressive growth rate with increasing its revenue more than five times. After excelling in consumer goods products market, Patanjali Ayurved Ltd, owned by Baba Ramdev is all set to foray into the manufacturing of solar power equipments. This will be the company’s first exposure to […] 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
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
