Total corporate funding in the solar sector in Q3 2016 was $3 billion: Mercom Capital Group Updated On Wed, Oct 12th, 2016 by Saurenergy Mercom Capital Group has released a report on funding and merger and acquisition (M&A) activity for the solar sector in the third quarter of 2016. According to the global clean energy communications and consulting firm total corporate funding, including venture capital and private equity (VC) funding, public market and debt financing into the solar sector in Q3 2016 was up […] Read more
NTPC issues tender for 3.5MW wind and solar hybrid project Updated On Wed, Oct 12th, 2016 by Saurenergy NTPC is floating tender for a 3.5MW wind and solar hybrid project at its Kudgi Super Thermal Power Project in Karnataka. The Scope of Supply & Work includes all design & engineering, procurement & supply of equipment and materials, testing at manufacturers works, inspection, packing and forwarding, supply, receipt, unloading and storage at site, preparation […] Read more
Despite subsidy and incentives, Chandigarh’s residents opting for rooftop solar seems unimpressive Updated On Sat, Oct 8th, 2016 by Saurenergy The rooftop solar PV capacity on government buildings seems to gain a good ground in Chandigarh, but it looks like residents opting for solar power is not very impressive, despite government offering 30 percent subsidy and other incentives. The official records of Chandigarh Renewal Energy, Science and Technology Promotion Society (CREST) states that a total […] Read more
TrinaBEST showcases its new residential energy storage system at All Energy 2016 Updated On Fri, Oct 7th, 2016 by Saurenergy The energy storage spin-off from Chinese PV outfit Trina Solar, TrinaBEST has showcased its second generation Residential Energy Storage Solution at All-Energy Australia 2016, held in Melbourne. The event which has been influential to all forms of clean and renewable energy across Asia-Pacific region affords TrinaBEST the opportunity to introduce its new energy storage system […] Read more
Renewable energy is a key to Energy Security in the future: Piyush Goyal Updated On Fri, Oct 7th, 2016 by Saurenergy Power, Coal, New & Renewable Energy and Mines, Minister Piyush Goyal at ‘Energy Conclave, 2016 – Securing India’s Green Future’ noted that India has its own developmental imperatives in the near future, hence it cannot shun the use of fossil fuels completely from its energy basket. He said it is important to strike a balance […] Read more
M. Venkaiah Naidu inaugurates Rs.114 cr social infrastructure that runs on green energy Updated On Wed, Oct 5th, 2016 by Saurenergy Minister of Urban Development, M. Venkaiah Naidu on Wednesday inaugurated three components of modern social infrastructure under East Kidwai Nagar General Pool Residential Accommodation (GPRA) Redevelopment Project. This new social infrastructure has been built by National Buildings Construction Corporation (NBCC) at a total cost of Rs.114 cr. The three components of GPRA project are – […] Read more
IHS Markit expects global energy storage inverter shipments slated for solid growth Updated On Wed, Oct 5th, 2016 by Saurenergy As the energy storage market rises, and as prices for storage continues to fall, more than 900 MW of energy storage grid-tied inverters were shipped globally in 2015. The global energy storage inverter shipment is forecast to surge at a compound annual growth rate of 38 percent, to 4.5 GW in 2020, according to IHS […] Read more
Azure Power Ties up with Overseas Private Investment Corporation (OPIC) Updated On Tue, Oct 4th, 2016 by Saurenergy Azure Power has announced that it has partnered with U.S. Government’s development finance institution- Overseas Private Investment Corporation (OPIC) for long-term low-cost debt financing facility of USD 20 million for 15 years at a cost of capital of 4.74%. The company will utilize the load to construct 19 MW new solar rooftop projects across multiple […] Read more
Power sector is focusing on distributed energy production: Piyush Goyal Updated On Tue, Oct 4th, 2016 by Saurenergy Piyush Goyal, Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines addressing a media event informed that Coal India has set a target to replace about 15 million tons of imported coal with indigenous coal in the next six months. On sideline of the event he said “apart from shifting […] Read more
