Trina to Invest $500 Million in Indian Solar Industry Updated On Mon, Dec 4th, 2017 by Saurenergy The company has purchased a land near Visakhapatnam to set up a manufacturing plant to produce solar cells and module of capacity of more than 1GW in 2015. The world’s largest solar panel developer, Trina Solar is vying to pump in $500 million of investments in India if the profits are in favor. The […] Read more
Enphase Energy Roars into Indian Market with the Company’s Largest Solar Installation in the Asia-Pacific Region Updated On Mon, Dec 4th, 2017 by Saurenergy Powered by 2,858 Enphase Energy microinverters, the system is expected to provide more than 15,000MWh of clean power annually to the FMCG Company’s cold storage, packaging, baking, and pickling units. Enphase Energy, a global energy technology company and the world’s leading provider of solar microinverters, announced today that its installation partner, RenXSol Ecotech has […] Read more
India’s Renewable Energy Push if Implemented Properly Could Mean a Lot of Jobs Updated On Sat, Dec 2nd, 2017 by Saurenergy India’s renewable energy push could help tackle poverty in rural communities by providing steady incomes, healthcare benefits, and skill-building opportunities to unskilled and semi-skilled workers. India’s renewable energy push if implemented properly could do more than just slow down global warming. It could help pull millions out of poverty, especially in rural communities. According to […] Read more
Manipur is the Recently Added State to be Benefitted by Saubhagya Scheme Updated On Fri, Dec 1st, 2017 by Saurenergy The scheme is set to make electricity affordable for “The poorest of the poor” and promised 24×7 power supply by March 2019. State of Manipur is now included in the list of states to bestowed with the Saubhagya scheme, which aims to provide electricity to India’s each and every household. Minister for Power and New […] Read more
EkoRE to Install 15 MW solar plant in Ukraine Updated On Fri, Dec 1st, 2017 by Saurenergy The Turkish EPC contractor is also planning to install rooftop PV systems on several public buildings of the city of Ochakiv. The City Council of Ochakiv, small city in the Mykolaiv region of southern Ukraine, has signed a memorandum of understanding (MoU) with the Turkish solar and renewable energy project developer Eko Renewable Energy Inc. […] Read more
MNRE Releases List of Sanctioned Solar Parks under the Solar Park Scheme Updated On Fri, Dec 1st, 2017 by Saurenergy Solar parks across various states in the country, each with a capacity of Solar Projects generally above 500 MW will be built. In a bid to provide clean energy to the citizens of India PM Narendra Modi earlier has revised national solar mission capacity from the current 22 gigawatt (GW) to 100 GW by 2022. The […] Read more
Rooftop Solar Presents a $23 Billion Opportunity in India: Report Updated On Thu, Nov 30th, 2017 by Saurenergy Rooftop solar in India will grow inevitably with or without the support of power distribution utilities According to a new report released by Bloomberg New Energy Finance (BNEF), India’s 40-GW target for rooftop solar PV by 2022 represents a $23 billion investment opportunity. The report titled, ‘Accelerating India’s Clean Energy Transition,’ which was released at […] Read more
Tumbling Solar Prices Starts Claiming Victims as Trina Reconsiders India Updated On Thu, Nov 30th, 2017 by Saurenergy Trina solar CEO says the Chinese company is reconsidering a planned India plant because prices there are now too low. The price of solar is tumbling across the world. And solar auctions are having their intended effect: Prices for developers are tumbling across Asia. While that’s good news for consumers, solar companies might have to […] Read more
World Bank’s IFC Funds CleanMax Solar with $15 Million Updated On Thu, Nov 30th, 2017 by Saurenergy IFC also invested $125 million in Hero Future Energies, Hero Group’s renewable arm against an undisclosed equity stake. A senior executive from rooftop solar company CleanMax Solar has announced that the firm which is currently backed by American private equity giant Warburg Pincus has recently secured $15 million of funding against equity capital from International […] Read more
