Waaree Energies Limited Raises Rs 100 crore From Centrum Financial Services Limited Updated On Thu, Dec 21st, 2017 by Saurenergy Centrum Group, controlled by ex-Standard Chartered top leader, Jaspal Bindra, made the investment through its non-banking finance arm. The integrated solar power solutions company, Waaree Energies Limited raised Rs 100 crore from Centrum Financial Services Limited for helping the Mumbai-based alternate energy equipments firm’s capacity expansion through a structured financing deal. Founded in 1989 and headquartered […] Read more
Hydrogen Producing Floating Solar Cells Developed Updated On Tue, Dec 19th, 2017 by Saurenergy A novel photovoltaic-powered electrolysis device which can operate as a stand-alone platform that floats on open water is discovered by the researchers from Columbia University in the US. Floating solar cells competent of utilizing sun energy to produce hydrogen fuel from water have been developed by the scientists. Currently, NASA’s space program is using hydrogen […] Read more
Mangalore University to Go Green by March 2018 Updated On Mon, Dec 18th, 2017 by Saurenergy The University is likely to receive a low Rs 3.839 per unit of power and a power purchase agreement for 25 years will be executed by ReNew. Mangalore University being the only government building in Karnataka and among 37 intitutional buildings in India which will get grid-connected roof-top solarphoto-voltaic system, the project was selected as […] Read more
34 Lakh Solar Lamps to be Distributed to School children in Power Deficit Districts of UP Updated On Mon, Dec 18th, 2017 by Saurenergy Lakhimpur Kheri is the region where more than one lakh solar lamps will be assembled and distributed to the students. The Ministry of New and Renewable Energy is all set to distribute more than 34 lakhs of solar lamps across the power deficit districts of Uttar Pradesh from 22 December 2017. The major beneficiary will be the […] Read more
Solar Panel Warranty Insurance Policy Introduced by ICICI Lombard Updated On Wed, Dec 13th, 2017 by Saurenergy The park developers and park owner will be the sole beneficiary as insured, which the Solar Panel Warranty Insurance aims to cater at large. Solar park developers can now be covered by ICICI Lombard General Insurance, the company recently announced. While announcing the company stated “The standalone insurance product gives comfort to lenders and investors […] Read more
Prabhuraj Ambli Appointed as ED and Exclusive Business Partner for the Karnataka Region by Ultimate Sun Updated On Tue, Dec 12th, 2017 by Saurenergy He was also appointed as an advisor for the Cotton Advisory Board (CAB) for the Ministry of Textiles, Government of India, in 2010. Prabhuraj Ambli was recently appointed as Executive Director and exclusive business partner for the Karnataka region by Ultimate Sun Systems, renewable energy solutions pioneer and ISO 9001:2008 certified MNRE Channel Partner company. Having vast […] Read more
Vikas Bhawan to Generate electricity from Its Rooftop Solar Power Plant Updated On Mon, Dec 11th, 2017 by Saurenergy The initiative of installation of solar power plants of 70KW capacity at Vikas Bhavan, collectorate, commissioner’s office and circuit house. After Varanasi, Vikas Bhawan is now the second housing government offices building which has started generating electricity from solar energy in Uttar Pradesh. The surplus electricity will be transferred to the power grids, resulting in […] Read more
Acme Cleantech Solutions Approaches Madras High Court for Levied Import Duty Updated On Fri, Dec 8th, 2017 by Saurenergy In its petition, Acme said that customs officials were not following the proper procedure in making their revised assessments. The Madras High Court was approached by a solar power developer named Acme Cleantech Solutions filing a petition against Chennai port customs officials accusing them of charging import duties on panels and modules by categorizing them […] Read more
RK Singh Comes to Rescue Solar Projects From Uncertainty of Anti-dumping Duty Updated On Wed, Dec 6th, 2017 by Saurenergy Extending his support to the industry, the minister mentioned while the decision on anti-dumping duty on solar imports is still undeclared. The Minister of power, new and renewable energy RK Singh commented that the new bidders and the existing solar energy projects should be protected from the uncertainty of antidumping duties on import of low […] Read more