MNRE formed three panels to improve quality control of solar modules and products Updated On Mon, Apr 25th, 2016 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has reportedly formed three panels to enhance quality of solar modules and products. One of the three panels will make policy for testing laboratories, while another will assign technology and product standards and the third will examine regulations governing solar products reports ET. Modi government has set […] Read more
SunEdison files voluntary petitions for reorganization under chapter 11 of the U.S Bankruptcy Code Updated On Fri, Apr 22nd, 2016 by Saurenergy SunEdison has announced that it has commenced a process to restructure its balance sheet and position the Company for the future. To facilitate this restructuring, SunEdison and certain of its domestic and international subsidiaries have filed voluntary petitions for reorganization under chapter 11 of the U.S. Bankruptcy Code in the Bankruptcy Court for the Southern District of New […] Read more
Firms not doing well will not impact India’s solar programmes: Piyush Goyal Updated On Wed, Apr 20th, 2016 by Saurenergy Renewable Energy Minister Piyush Goyal at an event organized by industry body CII said that some firms not doing well will not impact the programme’s success reports PTI. When asked about the debt problems faced by SunEdison, Goyal said “there are always certain cases of firms failing all over the world in every industry. There […] Read more
Panasonic launches two high-performance photovoltaic HIT modules Updated On Mon, Apr 18th, 2016 by Saurenergy Panasonic has launched two high-efficiency solar photovoltaic HIT modules — including high-efficiency 96 cell panels. The photovoltaic modules from house of Panasonic HIT N330 and N325 achieves up to 36% higher yield per square foot, and help lower the installation and balance of system costs per KW over conventional panels. The panels use a hetero-junction […] Read more
Rays Power wins 10 MW solar project in Karnataka Updated On Sat, Apr 16th, 2016 by Saurenergy Rays Power Experts has announced that it won a 10 MW project of Karnataka Renewable Energy Development (KREDL) under states solar scheme. The company will set up the project using Poly Crystalline Technology at Chikkabalapura district of Karnatak at a tariff of Rs 5 per unit under PPA. Rays Power Experts will execute the power […] Read more
Hindustan Power’s First Phase of 2,520 MW Anuppur thermal power project now Operational Updated On Thu, Apr 14th, 2016 by Saurenergy Hindustan Power announces that the company has successfully accomplished the commissioning of Phase 1 (1,200 MW) of its flagship 2,520 MW Anuppur thermal power project in Madhya Pradesh. The project strategically located near the Coal Mines of SECL/CIL was reportedly commissioned on 30th March 2016 at a cost of Rs 8,000 crores. Operating at 100% […] Read more
Indian Banks edgy, as Solar Companies fails to deliver Updated On Thu, Apr 14th, 2016 by Saurenergy What could make Prime Minister Narendra Modi’s plans of capitalizing $100 billion of solar power from foreign investments edgy? Indeed, an In-Flow and Out-Flow leeway of Investment and Finance. The global renowned US Company, SunEdison standstill on at least $1.4 billion of loans and credit facilities, is seeking to sell as much as 1 gigawatt(GW) […] Read more
Canada-based solar firm SkyPower Global looking to shed equity in Madhya Pradesh project Updated On Tue, Apr 12th, 2016 by Saurenergy After SunEdison, a Canada-based solar firm SkyPower Global is looking to exit from the Indian market. Last year in July the firm bagged contracts to set up solar plants of 150 MW in Madhya Pradesh and now it is looking to offload equity. According to ET SkyPower Global has approached two leading India based renewable […] Read more
Govt. upbeats Solar Power Generation to 48GW by 2019 Updated On Mon, Apr 11th, 2016 by Saurenergy Eyeing the indigenous growing solar reputation, the government is aiming to extend the solar power generation capacity to 48GW by early 2019, giving an early deed to the promising 100 GW National Solar Mission chalked by 2022. Latest projections from The Ministry of New and Renewable Energy (MNRE), has benchmarked a target generating 48GW grid […] Read more
