Author: Saur News Bureau

BRICS Bank Open its First Loan Likely for Indian Solar Sector

The New Development Bank established by BRICS countries is to open up its first loan which is up to USD 2 billion this year by aggregating multilateral lender’s first loan to India which could be for a green solar energy project, president K V Kamath said. Kamath, said the bank is also looking for water […]

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MSMEs and SSI sought for separate electricity tariff, urges for solar use

Micro, Small and Medium Enterprises (MSME) and Small Scale Industries (SSI) are seeking for separate electricity tariff. Both MSMEs and SSIs have detailed their presentation before Karnataka Electricity Regulatory Commission (KERC) last week. MSME associations jointly organizing an awareness programme in Karnataka on ‘Roof Top Solar Power Generation’ to encourage the SMEs and SSIs to […]

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MIT researchers demonstrates thinnest, lightest solar cells ever produced

Researchers at the Massachusetts Institute of Technology have demonstrated thinnest, flexible, and lightweight solar cell ever produced. The team used parylene flexible polymer as substrate and overcoating, and an organic material called DBP as the primary light-absorbing layer. Parylene is used to protect implanted biomedical devices and printed circuit boards from environmental damage. Researches note […]

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Govt likely to announce incentives to boost manufacturing of solar panels

Government may announce inducements in the upcoming Budget to boost manufacturing of solar panels and achieve its objective of establishing 100 gigawatts of solar capacity by 2022. So far, solar t Finance minister Arun Jaitley may announce incentives, such as Viability Gap Funding (VGF) to help sprout manufacturing plants in the country and vow long-term […]

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SolarCity Opens Fund of $249 Million in Solar Projects

SolarCity announces its opening of a new tax equity fund of $249 million in solar projects. Whereas, the other financing partner name was not unveiled, though this investment is reported as the fourth solar project fund by the two partnering companies. After total consolidation, the fund is known to twofold in size making a total […]

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Hartek Power outrights Two Solar Power Projects of 28 MW

The pan India Engineering, Procurement and Construction (EPC) provider, Hartek Power asserts that it has successfully outright two solar power projects of 28 MW to the grid for a major solar developer in Muktsar district of Punjab. After this successful project, Hartek Power connects 72 MW of solar power to the grid in Punjab out […]

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Vikram Solar Expands its Footprint in Africa – adds 14 Sub-Saharan Countries

The Indian solar company, Vikram Solar joins forces with African energy distributor Powertech Africa to expand its footprint into 14 new markets in sub-Saharan Africa, including Botswana, Zimbabwe and Tanzania. The alliance will enable Powertech Africa, to generate PV module sales of one megawatt in sub-Saharan Africa by mid-2016 and will indulge in bringing and […]

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SoloPower propels Solar Operations in India with Bharat Light and Power

SoloPower Systems to leverage its advanced technology panels in the Indian rooftop PV market. The US based solar energy equipment enabler has inked a strategic agreement with India’s Bharat Light and Power (BLP) through which SoloPower will supply products for both existing and new roof applications, including the deployment of building-integrated photovoltaics (BIPV), while BLP […]

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Tata Power Operationalize Net Meters for Rooftop Solar Systems

Tata Power announces its successful commissioning of net meters for the Rooftop Solar PV (RTS PV) System installed at the premises of Vardhan Industries Limited. This is known to be the first installation of net meter by Tata Power in its Mumbai distribution area under the procedure outlined in the MERC (Net Metering for Roof-top […]

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