First Project of BRICS Development Bank Starts Operation Updated On Mon, Sep 4th, 2017 by Saurenergy The The New Development Bank approved its loans worth USD 811 million in April 2016. Four of the bank’s loan projects are in China. The first project funded by The New Development Bank, set up by India and other members of the BRICS grouping of emerging economies, has started operation in Shanghai. The USD 76 […] Read more
Chinese solar modules are seeing price jump for first time in years: Report Updated On Mon, Sep 4th, 2017 by Saurenergy Developers not just in India, but across the world have been modeling their auction bidding strategies based on the assumed perpetual decline of Chinese module prices. Chinese solar modules are seeing a hardening of prices for the first time in years, with the average selling price (ASP) going up in India on a quarterly basis, […] Read more
Solar Photovoltaic Material Market to Reach US$ 19,607.5 Mn by 2024: Transparency Market Research Updated On Mon, Sep 4th, 2017 by Saurenergy Transparency Market Research in its new report forecasts the global solar photovoltaic material market to reach US$ 19,607.5 Mn by 2024, expanding at a CAGR of 11.4% between 2016 and 2024. The solar photo-voltaic material market was valued at US$ 7,557.8 Mn in 2015. Solar photovoltaic materials are the material that is used in manufacturing […] Read more
Finance Ministry approves four proposals including that of AMP Solar India, entailing FDI of Rs.503 crore Updated On Sat, Sep 2nd, 2017 by Saurenergy AMP Solar India Pvt Ltd alone will bring investment of Rs 500 crore. Besides, proposals of Aditya Birla Capital Ltd, Firstspace Development Management Pvt Ltd were also cleared by the department. The finance ministry said that it has cleared four proposals, including that of AMP Solar India, entailing foreign direct investment of Rs 503.40 crore […] Read more
Solar power improving primary healthcare in rural Chhattisgarh – CEEW Updated On Sat, Sep 2nd, 2017 by Saurenergy The study finds that solar powered PHCs could significantly improve in-patient services, out-patient services, emergency care, delivery services, and laboratory services in rural India Solar powered primary healthcare centres (PHCs) in Chhattisgarh admitted over 50% more patients and conducted almost twice the number of child deliveries in a month compared to power-deficit PHCs without a […] Read more
Startup Opportunities in Solar pv Updated On Fri, Sep 1st, 2017 by Saurenergy Two key words that I would like to start: “startups” and “Rs.2.44/unit”. These have caught the attention of every educated citizen in the country. The first, for the opportunity of utilizing ones ideas and potential of doing something great; the other being the lowest tariff quoted in this month in solar PV under reverse bidding. […] Read more
Sembcorp Increases its Stake in India Renewable Energy Business, acquires IDFC PE for Rs. 1400 crore Updated On Fri, Sep 1st, 2017 by Saurenergy Sembcorp Utilities has exercised its contractual right to acquire IDFC’s remaining shares in SGI Sembcorp Industries has announced that its wholly-owned subsidiary Sembcorp Utilities has entered into an agreement to acquire IDFC Private Equity Fund III (IDFC)’s remaining stake in Sembcorp Green Infra (SGI), for Rs. 1410.2 Crores. With this, Sembcorp will become the sole owner […] Read more
Centre aiming to install 175 Gigawatt renewable power by 2022: Harsh Vardhan Updated On Fri, Sep 1st, 2017 by Saurenergy “The government has set an ambitious target of 175 GW of renewable power installed capacity by the end of 2022, of which 58 GW has been installed so far,” said Vardhan. Minister of Science & Technology, Environment, Forest and Climate Change Dr. Harsh Vardhan on Thursday said the government is aiming to install 175 GW […] Read more
ABB India bags order to install solar inverters at 750 railway stations in the country Updated On Fri, Sep 1st, 2017 by Saurenergy The 750 stations are located in the busy northern Indian part of the Indian Railways network, one of the most used railway corridors in the world. ABB India has bagged order to install solar inverters at 750 railway stations in north India to reduce dependence on traditional sources of energy. The 750 stations are located […] Read more
