World Bank announces to provide more than $1 billion for India’s solar project Updated On Thu, Jun 30th, 2016 by Saurenergy The World Bank Group has signed an agreement with India led International Solar Alliance (ISA) to work together on increasing solar energy use around the world, with the goal of mobilizing $1 trillion in investments by 2030. The agreement was signed in the presence of Finance Minister Arun Jaitley, Power, Coal, New and Renewable Energy minister Piyush […] Read more
30 percent of 472 villages electrified this month are off-grid Updated On Wed, Jun 29th, 2016 by Saurenergy According to the Rural Electrification Corporation (REC), electrification of 472 villages was completed this month (6june-28june) and about 142 of them got an off-grid connection. Solar PV has remained the most deployed off-grid connection in the country, with total installed capacity of 7.5GW as of May 2016. Nine out of eleven projects sanctioned under renewable […] Read more
Solar Park in India: Scope, Status, Achievement, and Challenges Updated On Sat, Jun 25th, 2016 by Saurenergy India, with its large population and rapidly growing economy, needs access to clean, cheap and reliable sources of energy. The government with the Jawaharlal Nehru National Solar Mission has been promoting ecologically sustainable growth while addressing India’s energy security challenge. The Government of India’s ambitious plan to add 100 GW of solar capacity by 2022 […] Read more
By 2019 we will be in a position to deliver modules with 18.6% efficiency: Sujoy Ghosh, Country Head, First Solar, India Updated On Sat, Jun 25th, 2016 by Saurenergy First Solar is one of the leading global providers of comprehensive photovoltaic (PV) solar systems. The company’s integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. In an interview with Sujoy Ghosh, Country Head, First Solar, India shares his views on the various initiatives taken by the Government and company’s […] Read more
CLP India, Suzlon form JV for 100MW solar project in Telangana Updated On Tue, Jun 21st, 2016 by Saurenergy CLP India, one of the largest foreign investors in the Indian power sector, and Suzlon Group have formed joint venture for a 100 MW solar project at Veltoor in Telangana. As per the agreement signed between CLP India and Suzlon, CLP India acquired 49% stake in SE Solar, a special purpose vehicle (SPV) set-up by […] Read more
Juwi, KPS partners on solar, battery and diesel hybrid system Updated On Sat, Jun 18th, 2016 by Saurenergy juwi Australia has entered into strategic partnership with KPS, a subsidiary of Pacific Energy Limited on hybrid system. The strategic alliance will focus on remote projects seeking to integrate solar and battery energy with traditional diesel or gas fueled power stations. It will bring together the capabilities, technology and resources of the two. KPS and […] Read more
ACME to sell 275MW of its operational solar assets to IDFC Alternatives: Report Updated On Thu, Jun 16th, 2016 by Saurenergy IDFC Alternatives is reportedly gearing up to buy 275 megawatts (MW) of operational solar assets from ACME Solar. Livemint citing sources reports that the deal between the two companies will likely close in stages as “IDFC will need separate approvals from the lenders of the various assets and other approvals as per the power purchase […] Read more
Trina Solar’s cumulative shipments of solar modules hits 1 GW milestone in the Indian market Updated On Thu, Jun 9th, 2016 by Saurenergy Trina Solar has announced that its cumulative shipments of solar modules to India have exceeded 1 GW to date with around 20% market share in the region in 2015. The company in a statement said it has successfully built an extensive sales network throughout India, offering innovative solar PV solutions to developers, distributors, engineering, procurement […] Read more
US and India announces creation of a $20 million USICEF initiative Updated On Wed, Jun 8th, 2016 by Saurenergy The United States welcomed the launch of the International Solar Alliance (ISA), recognizes the critical role it can play in the development and deployment of solar power, and intends pursuing membership in the ISA. To further strengthen ISA together, US and India will jointly launch the third Initiative of the ISA which will focus on […] Read more
