China To Dominate CSP Revival in Long Term Updated On Mon, Jul 1st, 2019 by Saurenergy Concentrated Solar Power is the technology which uses mirrors to concentrate the sun’s energy to drive traditional steam turbines or engines that create electricity. The thermal energy concentrated in a CSP plant can be stored and used to produce electricity when it is needed, day or night. Concentrated solar power (CSP), a renewable energy technology […] Read more
Solar Industry Seeks Manufacturing Incentives in New Budget Updated On Mon, Jul 1st, 2019 by Saurenergy AISIA in its pre-budget recommendations has called for the inclusion of incentives such as subsidies for power, capital, etc in the new budget. The All India Solar Industries Association (AISIA) in its pre-budget recommendations has called for the ministry of finance to include incentives such as subsidies for power, capital, financial support in interest and […] Read more
Encourage Capital’s Fund For Indian Rooftop Segment Closes at $40 Mn Updated On Sat, Jun 29th, 2019 by Saurenergy Encourage Capital has announced the first closing of a new fund at $40 million, which will invest in Indian commercial rooftop solar segment Encourage Capital, LLC, an impact investment asset manager and advisory firm, has announced the first closing of a new private equity fund, Encourage Solar Finance, L.P. at $40 million. The fund will […] Read more
As India’s States Pivot to Electric Buses, Challenges Surface Updated On Fri, Jun 28th, 2019 by Saurenergy In just the past two months, announcements have been made for over 2000 electric buses from states across India, be it Delhi, Kashmir, Maharashtra or Punjab. It is important that local state transport authorities realise that an electric bus purchase is much more than just buying a bus that runs on electricity. Earlier this week, […] Read more
Win at WTO against US solar Tariffs Unlikely to Help India Much Updated On Fri, Jun 28th, 2019 by Saurenergy India’s complaint against the US, and specifically against 8 US states that added tariffs on renewable sector imports from the country has found support at the WTO, with the global trade body’s dispute panel supporting the Indian stand. Made public yesterday, the ruling, even as it pronounced the US ‘guilty’ of unfair trade practices in […] Read more
As DRC Takes Charge at MNRE, A Busy Period Beckons Updated On Fri, Jun 28th, 2019 by Saurenergy The Ministry of New and Renewable Energy has finally set up the dispute resolution committee it promised earlier this month. Announced by the Power Minister Shri. R.K. Singh, the commitee is tasked with the job of settling disputes that arise between government agencies and private sector players . This committee is comprised of three former civil […] Read more
Europe to Surpass 250 GW Installed Solar Capacity by 2024: Report Updated On Thu, Jun 27th, 2019 by Saurenergy According to a new report, the total installed solar capacity in Europe will surpass 250 GW by 2024, with new solar installations doubling in the next 3 years According to a new report, new solar installations in Europe will double in the next 3 years to reach a level of approximately 20 GW/year, and the […] Read more
SECI Floats Tender For 1800 MW of Wind Power Projects (Tranche-VIII) Updated On Thu, Jun 27th, 2019 by Saurenergy SECI has issued a tender for setting up of 1800 MW ISTS-Connected wind power projects under Tranche-VIII. The Solar Energy Corporation of India (SECI) has issued a tender for selection of wind power developers for setting up of 1800 MW ISTS-Connected wind power projects under Tranche-VIII. Wind Power Developers (WPD) selected by SECI based on […] Read more
Vivint Solar Receives $100 Mn Tax Equity Financing For 55 MW Residential PV Systems Updated On Tue, Jun 25th, 2019 by Saurenergy Vivint Solar has received $100 million of tax equity financing, to install more than 55 MW of residential solar energy systems. Vivint Solar, a leading full-service residential solar provider, announced it has received commitments for an additional $100 million of tax equity financing, which will enable it to install more than 55 megawatts (MW) of residential solar energy systems. “We […] Read more
