ReNew Power announces public issue of NCD worth Rs.500 cr Updated On Thu, Nov 17th, 2016 by Saurenergy India based renewable energy company, ReNew Power on Wednesday announced public issue of Non-Convertible Debentures (NCD’s) with a face value of Rs. 10, 00,000 each combining to Rs. 500 Crore. The company notes that this is the first certification of an already issued Project Bond by the Climate Bond Initiative (an international, investor focused not-for-profit […] Read more
Azure Power to Announce Results for Second Fiscal Quarter 2017, on November 22, 2016 Updated On Wed, Nov 16th, 2016 by Saurenergy Azure Power a leading independent power producer in the solar power sector in India, will report financial results for the second quarter ended September 30, 2016, on Tuesday, November 22, 2016. The Company will hold its quarterly conference call to discuss these results and updated outlook at 9:30 a.m. US Eastern Standard Time. Investors may access a live webcast of […] Read more
Totem to Launch Energy and Communication Platform for Smart Cities soon Updated On Wed, Nov 16th, 2016 by Saurenergy Totem has announced an innovative platform for modern companies and communities. The platform includes solar energy and energy storage, WiFi and 4G communications, electric vehicle charging, and smart lighting into a single, powerful product that weaves these capabilities directly into the built environment. Totem is expected to launch the product in summer 2017. “Totem believes […] Read more
Global microgrid market to grow at a CAGR of 13.67% from 2016 to 2020: Research Beam Updated On Wed, Nov 16th, 2016 by Saurenergy According to a report “Global Microgrid Market 2016-2020,” published by Research Beam the microgrid market is expected to grow at a CAGR of 13.67% from 2016 to 2020. The research firm Technavio in its new report offers an extensive analysis of top-vendor offerings, Porter’s Five Forces model, leading segments, and key manufacturers. Current market trends […] Read more
BUY or LEASE Your Solar panel system? Updated On Tue, Nov 15th, 2016 by Saurenergy Rooftop solar market in India is speculated to add new capacity of 700 MW in 2016 – 15% of total solar capacity addition this year. According to Bridge to India, the cumulative capacity crossed 1 GW by September and is growing at a sizzling 300% over last year. Ministry of Finance has reduced depreciation rate […] Read more
Hybrid Solar Wind Market size is expected to reach USD 1.47 billion by 2024 Updated On Mon, Nov 14th, 2016 by Saurenergy Global Market Insights, Inc. in its latest report has revealed that hybrid Solar Wind market size will reach USD 1.47 billion by 2024. The research firm notes that decreasing wind and solar component cost associated with increasing clean fuel energy demand will drive the global hybrid solar wind market size. The component manufacturing cost has […] Read more
Poor implementation of net-metering policies poses a major challenge for rooftop solar Updated On Mon, Nov 7th, 2016 by Saurenergy India’s rooftop solar market has been growing rapidly with the country adding more capacity in the past 12 months than all previous years put together. However, grid interconnection regulations and processes remain challenging in most parts of the country despite almost all states announcing net- and/or gross-metering policies for rooftop solar. According to survey of […] Read more
Center to soon launch USD 2 billion clean energy fund to increase renewable energy capacity Updated On Fri, Nov 4th, 2016 by Saurenergy The center is reportedly gearing up to launch two billion dollar clean energy fund with NTPCL, Rural Electrification Corporation (REC) and Power Finance Corporation Ltd to support the government’s ambitious target of adding 175 GW renewable energy generation capacity by 2022. All India Radio (AIR) World Service citing a senior official said New and Renewable […] Read more
Intersolar India 2016: Dynamic expansion in the Indian Solar Market Updated On Wed, Nov 2nd, 2016 by Saurenergy The Indian solar market is experiencing strong growth, bringing it ever closer to the Indian government’s goal of increasing the installed photovoltaic (PV) capacity to 100 GW by 2022. Against the backdrop of this progress, Intersolar India was inaugurated in the Bombay Exhibition Center in Mumbai. Over 230 exhibitors presented their products, services and solutions […] Read more