Author: Saur News Bureau

Photovoltaics and Ethylene Oxide Production to consume Six Hundred Million Ounces of Silver Through 2020

Two of the everyday industrial uses for silver are in photovoltaic cells (the main constituents of solar panels) and as a catalyst for the production of ethylene oxide (an important precursor in the production of plastics and chemicals).  These two uses of silver will together account for 120 Moz per year of consumption on average […]

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Suzlon Energy designates Sanjay Baweja as Chief Financial Officer

Suzlon Energy has appointed Sanjay Baweja as its Chief Financial Officer with effect from December 19, 2016. The Board of Directors of the company at its meeting held on December 16, 2016, has approved the appointment of Sanjay Baweja as the Chief Financial Officer of the Company, with effect from December 19, 2016, Suzlon Energy […]

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West Bengal Electricity Utility installs Smart Meters to Curb Power Theft

In a bid to cut down power theft, the state power department has started installing smart metres for West Bengal Power Distribution Co Ltd. “We have set up a target to install such metres for 1.7 crore consumers. New connections are being given through smart metres,” state Power Minister Sovandeb Chattopadhyay said on the sidelines […]

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OneRoof Energy Reduces Workforce

OneRoof Energy a residential solar services provider and wholly-owned subsidiary of OneRoof Energy Group, Inc. has announced that it has significantly reduced its work force as it begins to wind down its active operations. The company has thus far been unable to secure the significant additional financing necessary to continue its ordinary course sales, marketing […]

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SPI Energy acquires 50% equity interest in two solar projects from Japan-based EastAsia Group

SPI Energy has acquired 50% equity interest in two solar projects currently under construction with combined capacity of 3.98 MW, from Japan-based EastAsia Group Co., Ltd. The Projects are located approximately 50 kilometers east of Tokyo in Chiba Prefecture and each with capacity of 1.99 MW, are currently under construction. The Projects are under certain […]

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Trina Solar Announces Shareholders Vote to Approve Going-Private Transaction

Trina Solar Limited has announced that the Company’s shareholders voted in favor of, among others, the proposal to authorize and approve (i) the previously announced agreement and plan of merger (the “Merger Agreement”) dated August 1, 2016 by and among Fortune Solar Holdings Limited (“Parent”), Red Viburnum Company Limited (“Merger Sub”) and the Company, pursuant […]

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US-India Clean Energy Finance (USICEF) Initiative launched to expand access to distributed clean energy projects

Minister of State for Power, Coal & New and Renewable Energy and Mines, Piyush Goyal and US envoy Richard Verma on Friday launched US-India Clean Energy Finance (USICEF) Initiative. The U.S.-India Clean Energy Finance facility (“USICEF”) would support project preparation activities for distributed solar projects in order to unlock OPIC financing and mobilize public and private capital to expand access […]

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Launch scheme to provide jobs through solar project: Parliamentary panel

A Parliamentary panel has asked the government to launch a scheme to set up solar power projects through qualified unemployed or under-employed youth, as assured by it on the floor of the House. “The implementation of the Assurance given in reply to unstarred question 1778 on March 5, 2015 regarding solar projects is of paramount […]

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