NABARD approves loan for 10 MW Solar Plant in Haryana Updated On Tue, Aug 30th, 2016 by Saurenergy National Bank for Agriculture and Rural Development (NABARD) has sanctioned a loan for 10 megawatts solar plant in Harayana under Rural Infrastructure Development Fund (RIDF) for rural infrastructure in the state. Of Rs. 204.67 crore, amount of Rs.147.18 crore has been sanctioned to the state government under the 22nd tranche of RIDF for 2016-17 for […] Read more
Researchers have designed a device that is effective and offer low-cost solution for storing solar energy Updated On Mon, Aug 29th, 2016 by Saurenergy Solar energy can be stored by converting it into hydrogen. But current methods are too expensive and don’t last long. Researchers at EPFL and CSEM have designed a device using commercially available solar cells and none of the usual rare metals that outperforms in stability, efficiency and cost. One of the solutions to store solar […] Read more
Global smart solar market to grow at a CAGR of 15.22% during 2016-2022: Sandler Research Updated On Mon, Aug 29th, 2016 by Saurenergy Sandler Research in its latest report “Global smart solar market 2016-2022” forecasts global smart solar market to grow at a CAGR of 15.22% during the period 2016-2020. One of the key trends for market growth will be increasing demand for solutions and services due to advances in technology and components, such as smart meters, solar […] Read more
World Renewal Spiritual Trust is organizing training cum Awareness Centre on CSTs Updated On Mon, Aug 29th, 2016 by Saurenergy MNRE is Inviting Industries, Institutions, Commercial establishments, State Nodal Agencies of MNRE, Manufacturers, Entrepreneurs etc. to participate in Awareness Generation & Training Programmes on Concentrating Solar Technologies (CSTs) being organized by World Renewal Spiritual Trust (WRST) at their CST Center, Abu Road. The Training cum Awareness Centre on CSTs has been established at Brahmakumaris’ Ashram, […] Read more
V O Chidambaranar Port signs MoU with SECI to set up 5 MW solar plant Updated On Mon, Aug 29th, 2016 by Saurenergy The V O Chidambaranar Port has signed a Memorandum of Understanding (MoU) with Solar Energy Corporation of India (SECI) for the installation of a 5 MW solar power plant. Estimated with a cost of a cost of Rs. 30 crore, the 5MW plant will be the direct grid connect type and will be set up […] Read more
JinkoSolar Signs $25 Million Tradeline with Maybank Updated On Sat, Aug 27th, 2016 by Saurenergy JinkoSolar Technology SDN BHD (“JinkoSolar Malaysia”), a subsidiary of JinkoSolar Holding Co. has announced that it has signed a USD25 million combined tradeline agreement with Malayan Banking Berhad (“Maybank”). This financing will be used to support JinkoSolar Malaysia’s trade finance and working capital. “As the largest commercial bank in Malaysia, their tradeline will not only […] Read more
Historic Bombay Presidency Radio Club installs net metered rooftop solar Updated On Sat, Aug 27th, 2016 by Saurenergy The historic Bombay Presidency Radio Club has turned to solar to meet its energy needs. SolarTown Energy Solutions Pvt. Ltd. has commissioned a 41kW net-metered solar rooftop system at the historical club. It has been estimated that the club will be saving more than Rs. 8,50,000 annually from the newly installed solar system. Also, SolarTown […] Read more
Amara Raja Group commissions 1.2MW rooftop solar project at Nunegundlapalli Updated On Sat, Aug 27th, 2016 by Saurenergy At an event held on the occasion of Amara Raja Skill Development Centre’s first batch convocation, Dr Ramachandra N Galla, Chairman, Amara Raja Group announced the commission of a 1.2MW rooftop solar unit at the plant located at Nunegundlapalli village near Chittoor in Andhra Pradesh. The project is spread over 1,00,000 sq ft, and is […] Read more
IFC to invest up to USD 125 mn in Hero Future Energies Updated On Fri, Aug 26th, 2016 by Saurenergy International Finance Corporation (IFC) has announced to invest up to USD 125 million with IFC Global Infrastructure Fund in Hero Future Energies. The USD 125 million of equity and proceeds will be used to fund the construction of solar and wind power plant projects. Hero Future Energies Pvt Ltd plans to have a total installed […] Read more