Global smart solar market to grow at a CAGR of 15.22% during 2016-2022: Sandler Research Updated On Mon, Aug 29th, 2016 by Saurenergy Sandler Research in its latest report “Global smart solar market 2016-2022” forecasts global smart solar market to grow at a CAGR of 15.22% during the period 2016-2020. One of the key trends for market growth will be increasing demand for solutions and services due to advances in technology and components, such as smart meters, solar […] Read more
JinkoSolar Signs $25 Million Tradeline with Maybank Updated On Sat, Aug 27th, 2016 by Saurenergy JinkoSolar Technology SDN BHD (“JinkoSolar Malaysia”), a subsidiary of JinkoSolar Holding Co. has announced that it has signed a USD25 million combined tradeline agreement with Malayan Banking Berhad (“Maybank”). This financing will be used to support JinkoSolar Malaysia’s trade finance and working capital. “As the largest commercial bank in Malaysia, their tradeline will not only […] Read more
MNRE to introduce three new products under off grid and decentralized solar PV application scheme Updated On Fri, Aug 26th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) is gearing up to introduce three new products under off grid and decentralized solar PV application scheme. The ministry is also inviting comments on the new products which can be sent to tarun.singh@nic.in before 10th September. The three products include LED based street light, SPV based solar storages […] Read more
REC Solar appoints Matt Walz, a Duke Energy executive as chief executive officer Updated On Thu, Aug 25th, 2016 by Saurenergy REC Solar has announced the appointment of Matt Walz as chief executive officer. Walz has worked at Duke Energy for 12 years and joined REC Solar after serving on the company’s board of directors. Walz brings to REC Solar leadership experience in renewable energy, retail electric supply and wholesale generation. Building off his tenure as […] Read more
Cooch Behar’s 51 enclaves to get solar water pumps for power, irrigation Updated On Thu, Aug 25th, 2016 by Saurenergy North Bengal Development Minister Rabindranath Ghosh has stated that solar-based water pumping units would be set up in the 51 enclaves that had become a part of India last year, following the historic exchange of land between India and Bangladesh. The step is being taken in a bid to make residents of enclaves in Cooch […] Read more
TMEIC to deliver 17 units of its Solar Ware 1667 PV inverters for solar project in Hawaii Updated On Wed, Aug 24th, 2016 by Saurenergy Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC) has received an order of 17 units of its SOLAR WARE 1667 outdoor PV inverters with a salt damage prevention specification for a utility scale solar power plant currently under construction on Oahu island of Hawaii. The plant is being built by Eurus Energy America Corporation, a U.S. subsidiary […] Read more
SECI awards 240MW solar project to Essel Green Energy in Odisha Updated On Wed, Aug 24th, 2016 by Saurenergy Essel Green Energy has acquired a bulk of 270MW solar project in Odisha from Solar Energy Corporation of India (SECI). A subsidiary of Subhash Chandra’s Essel Group, the company has bagged 240MW solar project, while IBC Solar Ventures India has won 20 MW and Jyoti Infrastructure has got 10MW. Energy Corporation of India had set […] Read more
BSNL to offer its Telecom Factory in Bhilai, Chhattisgarh for manufacturing of solar equipments Updated On Tue, Aug 23rd, 2016 by Saurenergy Government of India introduced various policies viz Make in India, Digital India, National Electronic Manufacturing Policy as well as National Telecom Policy which lay special emphasis on indigenous manufacturing of Electronic / Telecom Equipments & products. Govt. has also made very ambitious plans to aggressively accelerate the solar energy program under Jawaharlal Nehru Solar Mission. […] Read more
Bengaluru to use aircraft to design roadmap for rooftop solar generation Updated On Tue, Aug 23rd, 2016 by Saurenergy The Bangalore Electricity Supply Company (BESCOM) has signed an agreement with Centre for Study of Science, Technology and Policy (CSTEP) and Karnataka Renewable Energy Development Limited (KREDL) to design a roadmap to boost the quantum of power generated using solar energy. A senior official from BESCOM’s Demand Side Management department mentioned that “The Ministry of […] Read more