CMX Renewable Energy to build 150 MW solar farm in Vietnam’s Ninh Thuan province Updated On Tue, May 3rd, 2016 by Saurenergy Canada based CMX Renewable Energy Inc. has sought for license to build a 150-megawatt solar farm in Vietnam’s Ninh Thuan province at an estimated cost of US$150 million. The report comes at a time when the Vietnamese government is encouraging larger PV market within the country. The company has announced that full facility would take […] Read more
U .S. and Indian solar market to grow at triple-digit rates: GTM Research Updated On Tue, May 3rd, 2016 by Saurenergy GTM Research in its recently released Q2 2016 Global Solar Demand Monitor predicts slowdown in several large markets – China, Japan and the U.K , while two other key markets – the U.S. and India will grow at triple-digit rates. The company in its report citing an 11% reduction in feed-in tariff levels and high […] Read more
MNRE implementing schemes to promote use of renewable energy in rural areas: Piyush Goyal Updated On Tue, May 3rd, 2016 by Saurenergy The Ministry of New & Renewable Energy (MNRE) is implementing a Programme on “Off-Grid and Decentralized Solar Applications” to promote use of solar power through solar home lights, solar street lights, power plants, solar pumps and mini micro grids to meet the energy requirements of the rural areas in the country. Minister of State (IC) […] Read more
Government has sanctioned 32 solar parks of 19,400 MW capacities in 20 states so far Updated On Tue, May 3rd, 2016 by Saurenergy Modi Government is encouraging use of waste land for installation of solar power plants and setting up of solar parks is a step in that direction. Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy in a written reply to a question in the Rajya Sabha said under the scheme […] Read more
SolarWorld’s groupwide shipments increased by 62 percent in Q1 of 2016 Updated On Mon, May 2nd, 2016 by Saurenergy SolarWorld has revealed that its groupwide shipments have increased by 62 percent in Q1 of 2016, compared to previous year’s quarter. A total of 341 MW was shipped in Q1, up from 210 MW of last year. Shipments grew strongly in the United States, in Germany even against the market trend and in European export […] Read more
DEWA Receives 5 bids for Mohammed bin Rashid Al Maktoum Solar Park Updated On Mon, May 2nd, 2016 by Saurenergy Dubai Electricity and Water Authority (DEWA) have received 5 bids from international organizations for the third phase of the Mohammed bin Rashid Al Maktoum Solar Park. The lowest recorded bid at the opening of the envelopes was US 2.99 cents per kilowatt hour. The authority said next step in the bidding process will review the […] Read more
Tata Power to acquire renewable energy assets of Welspun Group: Report Updated On Mon, May 2nd, 2016 by Saurenergy Tata Power is reportedly gearing up to acquire the renewable energy assets of the diversified Welspun Group, valuing the 1,152 MW portfolios of operational solar and wind farms. The ET citing sources close to the company reports that the deal may be valued at close to $1.45 billion inclusive of debt. Both the companies are in final […] Read more
First roof top solar energy unit setup by a local Sankar Rao inaugurated at Babametta, Andhra Pradesh Updated On Mon, May 2nd, 2016 by Saurenergy Collector M.M. Nayak on Sunday inaugurated first rooftop solar energy unit set up by a local Sankar Ral at Babametta, Vizianagaram, Andhra Pradesh.He congratulated Rao for his initiative and asked people to generate solar power by setting up roof top solar panels at 50 per cent government subsidy for domestic use and also sell the […] Read more
PM Modi launches 11 solar-powered e-boats in Varanasi Updated On Mon, May 2nd, 2016 by Saurenergy PM Narendra Modi has launched the country’s first solar powered e-boats on Sunday in his his Lok Sabha constituency Varanasi. Modi reached Varanasi’s Assi Ghat to launch the e-boat service, It the same venue where he launched Clean India campaign couple of year back along river Ganga. The PM distributed 11 e-boats to their owners […] Read more
