BRICS Bank Open its First Loan Likely for Indian Solar Sector Updated On Mon, Feb 29th, 2016 by Saurenergy 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 […] Read more
MSMEs and SSI sought for separate electricity tariff, urges for solar use Updated On Mon, Feb 29th, 2016 by Saurenergy 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 […] Read more
MIT researchers demonstrates thinnest, lightest solar cells ever produced Updated On Sat, Feb 27th, 2016 by Saurenergy 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 […] Read more
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
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
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
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
