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
Global Solar Sector Attracts US$160 billion Investment in 2015 – BNEF Report Updated On Fri, Jan 15th, 2016 by Saurenergy In 2015 the Global investment in solar sector reached a record US$161.5 billion off the back of 57GW of PV installations, more startling than the growth figures is that this commitment to renewables has continued to ratchet up while fossil fuel prices have plummeted. Oil prices have more than halved in two year. According to […] Read more
LG Electronics to Triple its Solar Capacity by 2020 Updated On Thu, Jan 14th, 2016 by Saurenergy The tech giant, LG Electronics is not only underlining new dimensions in consumer electronics and OLEDs. The company has recently said that it is aiming to treble its solar panel production capacity at home to 3 GW by 2020. The company is an intention to invest KRW 527 billion (USD 438m/EUR 405m) to install six […] Read more
Yamaha India to Transform its Surajpur Unit with Solar Power Updated On Thu, Jan 14th, 2016 by Saurenergy The Japanese automobile major, Yamaha is aiming to consume low energy by opting solar energy as the prime way of energy sustainability. The company has recently announced a 4,000 KW solar power project at its facility in Surajpur, Uttar Pradesh. The Indian body, Yamaha has join forces with solar service provider Amplus Solar for installation, […] Read more
Sand Particles can be used for Solar Energy Updated On Thu, Jan 14th, 2016 by Saurenergy When sun is at its zenith, its known fact that with bare feet it’s hard to wobble around the beach, now researchers is known to have demonstrated solar energy using sand particle. The research project called ‘Sandstock’ has been seeking to develop a sustainable and low-cost gravity-fed solar receiver and storage system through sand particles, […] Read more
$1.5 Billion International Aid for India’s Rooftop Solar Projects Updated On Fri, Jan 8th, 2016 by Saurenergy To uplift India’s rooftop solar initiative, the World Bank, Asian Development Bank and the New Development Bank formed by the BRICS Nations are opening loans for the Ministry of New and Renewable Energy. Upendra Tripathy, secretary at the MNRE said, “We are getting $500 million (Rs. 3,345 crore) from each of them to fund rooftop […] Read more
Nepal Govt. Drives Young Minds to Foster Alternative Energy Technologies Updated On Thu, Jan 7th, 2016 by Saurenergy The Nepal Govt. Minister of Science and Technologies Shiv Lal Thapa Magar asserted on meeting the energy emergency in the nation, to make the initiative a success he wants young researchers to usher alternative energy technologies. He made this decisive pronouncement at a National-Level Stakeholder’s meeting in the Capital recently. The Govt. agencies and concerned […] Read more
Meralco Promises on 100MW Housetop Solar Projects Updated On Mon, Jan 4th, 2016 by Saurenergy Manila Electric Co. (Meralco) aims to install a massive 100MW solar power plant. Meralco president Oscar Reyes said the project is still being as a feature of the organization’s endeavor into renewable energy (RE). “We still don’t have a firm target, but maybe over three years, the aspiration is 100 MW,” said Reyes. Under the […] Read more
Multi-Directional Solar Cells Can Harvest Sunlight from Various Angles Updated On Mon, Jan 4th, 2016 by Saurenergy Commercial solar panels work best when daylight hits them at a sure point. Recently, specialists had implied that solar panels confront south to gather the most energy from the sun. In another case, a significant 2013 report by Pecan Road prompted that systems leaning westward to boost proficiency. Further investigation has found that deciding the […] Read more