Suzlon partners with Canadian Solar for 30 MW solar projects in Telangana Updated On Thu, Oct 20th, 2016 by Saurenergy Suzlon Group has partnered with Canadian Solar for two solar projects of 15 MW each at the sites of Ramannapet and Kamareddy, Telangana. Canadian Solar shall acquire 49% stake in Avighna Solarfarms Limited and Amun Solarfarms Limited, the special purpose vehicles (SPVs) setup by Suzlon for executing these projects. Canadian Solar shall provide its top […] Read more
MYSUN receives a funding of $2.5 Million; Hemant Taneja joins the company’s board Updated On Thu, Oct 20th, 2016 by Saurenergy Recently launched solar marketplace MYSUN (www.itsmysun.com) has received an initial funding of $ 2.5 million. This is the first round of funding after the company was founded by Gagan Vermani and two of his colleagues Divyanshu Sachdev and Gyan Prakash Tiwari in September, 2015 to focus on demand creation, technology, big data, analytics and standardization […] Read more
Hartek Power secures 460 MW solar orders Updated On Thu, Oct 20th, 2016 by Saurenergy Hartek Power has announced that the company has bagged orders for commissioning of 460MW solar projects in the first half of the current financial year, registering an increase of 373% over last year when the company had secured 123MW orders. The 460MW orders secured by the Chandigarh based solar firm include 16 substation projects of […] Read more
Tata Power designates three independent directors Updated On Wed, Oct 19th, 2016 by Saurenergy Tata Power has appointed three independent directors – Anjali Bansal, Vibha Padalkar and Sanjay Bhandarkar – on the its board with effect from October 14, 2016. The appointments are in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Tata Power said in a statement today. While Bansal is a […] Read more
India secures payment for 500MW SunEdison Solar Project Updated On Wed, Oct 19th, 2016 by Saurenergy State-owned Solar Energy Corp. of India said the government received fees needed for a 500-megawatt solar park, won by bankrupt renewable-energy developer SunEdison Inc., to go ahead. Solar-park charges of 2 billion rupees ($30 million) along with signed implementation agreements have been received, SECI Managing Director Ashvini Kumar said in an interview. SunEdison Energy India […] Read more
Huge growth forecasted for India’s solar sector Updated On Wed, Oct 19th, 2016 by Saurenergy India’s solar sector outlook is positive in view of a strong government support for the renewable energy sector to achieve the target of 40GW of installed rooftop solar power by 2022 along with high investor interest, says a report. “We maintain our view that inefficiencies in the power grid infrastructure, power supply shortages and the […] Read more
NISE to conduct 3-Days Skill Development Program on Designing of Concentrated Solar Thermal & Solar Water Heating System Updated On Wed, Oct 19th, 2016 by Saurenergy National Institute of Solar Energy (NISE), an autonomous centre of excellence of Ministry of New and Renewable Energy, Government of India, is conducting national skill development programs to meet the needs and upgrade the technical expertise of solar professionals. The institute will be conducting 3-Days Skill Development Program on “Designing of Concentrated Solar Thermal & […] Read more
Researchers at Worcester Polytechnic Institute develops new light-activated semiconductor material Updated On Tue, Oct 18th, 2016 by Saurenergy Researchers, including one of Indian origin, have developed a revolutionary light-activated semiconductor nano-composite material that can be used in a variety of applications such as grippers for surgical robots, more efficient solar cells and photo detectors. “Very few materials are able to convert photons directly into mechanical motion,” said Balaji Panchapakesan, associate professor at Worcester […] Read more
PM Modi plans state aid package of Rs 210 billion rupee to boost India’s solar industry Updated On Tue, Oct 18th, 2016 by Saurenergy The Prime Minister of India, Narendra Modi’s is planning a 210 billion-rupee ($3.1 billion) package of state aid for India’s solar panel manufacturing industry, according to two officials. The so-called Prayas initiative, short for “Pradhan Mantri Yojana for Augmenting Solar Manufacturing,” a central-government plan designed to lift India’s installed photovoltaic capacity as well as to […] Read more