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
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
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
SoloPower propels Solar Operations in India with Bharat Light and Power Updated On Thu, Feb 25th, 2016 by Saurenergy SoloPower Systems to leverage its advanced technology panels in the Indian rooftop PV market. The US based solar energy equipment enabler has inked a strategic agreement with India’s Bharat Light and Power (BLP) through which SoloPower will supply products for both existing and new roof applications, including the deployment of building-integrated photovoltaics (BIPV), while BLP […] Read more
US Overpowers India in WTO Dispute Updated On Thu, Feb 25th, 2016 by Saurenergy The US has triumph over India in the three year longing topsy-turvy World Trade Organization(WTO) dispute, as latest statement from the US Trade Representative’s office called the ruling a significant victory that would hasten the spread of solar energy across the world and support clean-energy jobs in the United States. In 2014, US advocated India […] 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
Bihar Sign MoU under “UDAY” Scheme, becomes the Sixth State Updated On Tue, Feb 23rd, 2016 by Saurenergy Bihar to become the sixth state to benefit from the UDAY scheme, as the Government of India, the State of Bihar and the DISCOMs of Bihar (North Bihar Power Distribution Company Limited, and South Bihar Power Distribution Company Limited) signed Memorandum of Understanding (MOU) for operational and financial turnaround of the DISCOMs. Bihar is the […] Read more
Canadian Northern Territory aims to Operate Completely on Solar Updated On Mon, Feb 22nd, 2016 by Saurenergy Canada is in vigorous search for alternatives sources to deviate itself from fossils fuels. Colville Lake situated in the Sahtu Region of the Northwest Territories of Canada is known to have successfully prototyped a system of batteries and solar panels that will leverage the entire community to run on sun’s energy; at least in the […] Read more
Solar City to Generate Solar Power with Tesla’s Electric Car Batteries at Night Updated On Sat, Feb 20th, 2016 by Saurenergy There are some glitches into saying solar power energy availability for 24×7, through which the most evitable skeptic comes for solar generation is night. Keeping history on one side, SolarCity has announced that there liable to address the problem by partnering with Tesla’s 52 MWh Powerpack lithium-ion battery storage system for its massive solar power […] Read more