Author: Saur News Bureau

NABARD approves loan for 10 MW Solar Plant in Haryana

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 […]

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Researchers have designed a device that is effective and offer low-cost solution for storing solar energy

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 […]

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World Renewal Spiritual Trust is organizing training cum Awareness Centre on CSTs

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, […]

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V O Chidambaranar Port signs MoU with SECI to set up 5 MW solar plant

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 […]

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JinkoSolar Signs $25 Million Tradeline with Maybank

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 […]

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Historic Bombay Presidency Radio Club installs net metered rooftop solar

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 […]

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Amara Raja Group commissions 1.2MW rooftop solar project at Nunegundlapalli

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 […]

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IFC to invest up to USD 125 mn in Hero Future Energies

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 […]

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