International Solar Alliance Developing Risk Mitigation Mechanism to be Ready in a year Updated On Tue, Dec 5th, 2017 by Saurenergy The International Solar Alliance will become a treaty-based international intergovernmental organisation on December 6, 2017. A mechanism for reducing the risks associated with financing of solar power projects and make them workable under the aegis of the International Solar Alliance (ISA) is set to be rolled out in a year, the Ministry of New and […] Read more
Capital Stage Acquires Two Solar Parks in The Netherlands Updated On Tue, Dec 5th, 2017 by Saurenergy Capital Stage says that the two solar parks have a total generation capacity of 47.6 MW and are expected to be completed in 2018. Germany-based solar and windfarm operator Capital Stage has acquired two planned solar parks in the Netherlands market for the first time from Dutch project developer Sunstroom Engineering B.V. The solar parks […] Read more
Trina to Invest $500 Million in Indian Solar Industry Updated On Mon, Dec 4th, 2017 by Saurenergy The company has purchased a land near Visakhapatnam to set up a manufacturing plant to produce solar cells and module of capacity of more than 1GW in 2015. The world’s largest solar panel developer, Trina Solar is vying to pump in $500 million of investments in India if the profits are in favor. The […] Read more
Egypt Launches New Solar Power Project Updated On Mon, Dec 4th, 2017 by Saurenergy The new solar power project in Egypt is being executed by the Industrial Modernization Center and the United Nations Development Program In a significant development, Egypt has launched a new solar power project called “Grid-connected Photovoltaic Power Systems – Egypt PV”, which is implemented by the Industrial Modernization Center (IMC) and the United Nations Development […] Read more
Afghan Girls’ Robotics Team Wins Big at Prestigious European Robotics Competition Updated On Sat, Dec 2nd, 2017 by Saurenergy A small cash prize was awarded to them at the Eastonia bound competition and received an invitation to be a part of a bigger U.S. event. Solar powered robot developed by a group of Afghani girl’ robotic team which is capable of carrying out tasks to assist farmers such as seeding and cutting crops like […] Read more
Fortum to Buy 35 MW of solar power capacity in Russia Updated On Fri, Dec 1st, 2017 by Saurenergy The Finnish power utility has agreed to acquire three solar power companies from Hevel Group in Russia. Finnish power utility Fortum has agreed to acquire 35 MW of solar power in Russia from local group Hevel. The Finnish company said the seller was Russian solar module maker and project developer Hevel Solar, without disclosing the […] Read more
Rooftop Solar Presents a $23 Billion Opportunity in India: Report Updated On Thu, Nov 30th, 2017 by Saurenergy Rooftop solar in India will grow inevitably with or without the support of power distribution utilities According to a new report released by Bloomberg New Energy Finance (BNEF), India’s 40-GW target for rooftop solar PV by 2022 represents a $23 billion investment opportunity. The report titled, ‘Accelerating India’s Clean Energy Transition,’ which was released at […] Read more
Tumbling Solar Prices Starts Claiming Victims as Trina Reconsiders India Updated On Thu, Nov 30th, 2017 by Saurenergy Trina solar CEO says the Chinese company is reconsidering a planned India plant because prices there are now too low. The price of solar is tumbling across the world. And solar auctions are having their intended effect: Prices for developers are tumbling across Asia. While that’s good news for consumers, solar companies might have to […] Read more
World Bank’s IFC Funds CleanMax Solar with $15 Million Updated On Thu, Nov 30th, 2017 by Saurenergy IFC also invested $125 million in Hero Future Energies, Hero Group’s renewable arm against an undisclosed equity stake. A senior executive from rooftop solar company CleanMax Solar has announced that the firm which is currently backed by American private equity giant Warburg Pincus has recently secured $15 million of funding against equity capital from International […] Read more
