Asian Development Bank to allocate 500 million dollars loan for putting up solar rooftops in India Updated On Tue, Oct 4th, 2016 by Saurenergy The Asian Development Bank (ADB) is set to provide $500 million in financing for rooftop solar systems that will help the Indian government expand energy access using renewable energy. ADB will provide the financing to Punjab National Bank – one of India’s largest commercial banks – which will use the ADB funds to make loans […] Read more
Azure Power Ties up with Overseas Private Investment Corporation (OPIC) Updated On Tue, Oct 4th, 2016 by Saurenergy Azure Power has announced that it has partnered with U.S. Government’s development finance institution- Overseas Private Investment Corporation (OPIC) for long-term low-cost debt financing facility of USD 20 million for 15 years at a cost of capital of 4.74%. The company will utilize the load to construct 19 MW new solar rooftop projects across multiple […] Read more
Power sector is focusing on distributed energy production: Piyush Goyal Updated On Tue, Oct 4th, 2016 by Saurenergy Piyush Goyal, Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines addressing a media event informed that Coal India has set a target to replace about 15 million tons of imported coal with indigenous coal in the next six months. On sideline of the event he said “apart from shifting […] Read more
Kerala to generate 400 MW of solar power to meet the power crisis Updated On Tue, Oct 4th, 2016 by Saurenergy The State government of Kerala is planning to generate 100 MW power from hydro-electric projects in three years and start 400 MW from solar plants to overcome the power crisis in the region. Answering to the demands for grants for power in the Assembly, Power Minister Kadakampally Surendran mentioned that a course of action had […] Read more
Lithium ion Battery Market in India to Grow at CAGR 32% Till 2021: TechSci Research Updated On Tue, Oct 4th, 2016 by Saurenergy TechSci Research in its latest reports “India Lithium ion Battery Market By Type, By Application, Competition Forecast and Opportunities, 2011 – 2021”, has revealed that the market of lithium-ion battery in India will grow at a CAGR of over 32% during 2016 – 2021. Lithium-ion battery in comparison to traditional battery technologies, are competent of […] Read more
State Power Ministers to participate in two day conference scheduled on 7th & 8 October in Gujarat Updated On Tue, Oct 4th, 2016 by Saurenergy A Two-day conference of Ministers for Power, New & Renewable Energy & Mines of States & Union Territories will be held on 7th & 8th of this month in Vadodara, Gujarat. The Conference will be inaugurated by Power, Coal, New & Renewable Energy and Mines Minister Piyush Goyal. Main objective of this conference is to […] Read more
ZEP to launch Solar Roof Tile on October 7, 2016 Updated On Tue, Oct 4th, 2016 by Saurenergy Dutch company ZEP has announced the launched solar roof tiles on October 7, 2016. According to the company the patented invention will make each roof suitable for generating solar energy. In addition to the existing black tile, the world’s first natural red solar tile with natural red solar cells will also be presented at the […] Read more
Danvest Energy introduces a cost-efficient compact hybrid system for solar–diesel micro grids Updated On Tue, Oct 4th, 2016 by Saurenergy Danvest Energy A/S (Tuborg, Denmark) and Pon Power have introduced a low-load compact series for solar photovoltaic (PV)/diesel hybrid power plants. This Compact series offers power producers a complete, cost-effective solution that automatically integrates photovoltaic systems with diesel power. The Compact series includes Danvest’s unique, low-load and reverse-power operation and fast-response capabilities. Direct annual fuel […] Read more
Intersolar India 2016 to hold an Extensive Accompanying Program for a Growing Market Updated On Mon, Oct 3rd, 2016 by Saurenergy India has one of the fastest growing solar markets in the world. According to the Mercom Capital Group, a total of 8.1GW of PV capacity had been installed in the country by August 2016, and 21 additional GW are already in the pipeline. These figures present the ideal backdrop against which to hold Intersolar India. […] Read more