Govt likely to announce incentives to boost manufacturing of solar panels Updated On Sat, Feb 27th, 2016 by Saurenergy 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 […] Read more
SolarCity Opens Fund of $249 Million in Solar Projects Updated On Sat, Feb 27th, 2016 by Saurenergy 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 […] Read more
Hartek Power outrights Two Solar Power Projects of 28 MW Updated On Fri, Feb 26th, 2016 by Saurenergy 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 […] Read more
Vikram Solar Expands its Footprint in Africa – adds 14 Sub-Saharan Countries Updated On Fri, Feb 26th, 2016 by Saurenergy 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 […] Read more
SoloPower propels Solar Operations in India with Bharat Light and Power Updated On Thu, Feb 25th, 2016 by Saurenergy 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 […] Read more
Tata Power Operationalize Net Meters for Rooftop Solar Systems Updated On Thu, Feb 25th, 2016 by Saurenergy 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 […] Read more
US Overpowers India in WTO Dispute Updated On Thu, Feb 25th, 2016 by Saurenergy The US has triumph over India in the three year longing topsy-turvy World Trade Organization(WTO) dispute, as latest statement from the US Trade Representative’s office called the ruling a significant victory that would hasten the spread of solar energy across the world and support clean-energy jobs in the United States. In 2014, US advocated India […] Read more
SunEdison expands Solar Capacity in India aims at 10GW solar energy by 2022 Updated On Wed, Feb 24th, 2016 by Saurenergy After Sun Edison’s recent announcements to support the Make in India, the US-based renewable energy developer has announced an expansion of its installed capacity base in India. Earlier this month, the company disseminated that it has commissioned 146 MW of solar power capacity across three states in India. The company did not cite if these […] Read more
Maharashtra, UP gets Tough Solar Targets for 2022 Updated On Wed, Feb 24th, 2016 by Saurenergy The MNRE has recently handed over red-letters to solar-friendly states underlining targets and deadline for renewable energy generation and absorption. The letter pronounces Maharashtra and Uttar Pradesh into the challenging solar energy targets by 2022, asserting Maharashtra to increase 30 times solar capacity to its existing 378.7 MW generating 11,926 MW. UP also has a […] Read more