Sinacon PV Central Inverters Launched in India by Siemens India Updated On Thu, Dec 7th, 2017 by Saurenergy A solar PV inverter converts the variable direct current (DC) output of a photovoltaic solar panel into a utility frequency alternating current (AC). Siemens India launched with Sinacon PV a new generation of photovoltaic (PV) central inverters with an output up to 5,000 kVA. The inverter is part of the Siemens new electrical Balance of […] Read more
International Solar Alliance Becomes Treaty Based International Inter-Governmental Organisation Updated On Thu, Dec 7th, 2017 by Saurenergy The International Solar Alliance (ISA) has become a treaty-based international intergovernmental organization India’s global initiative International Solar Alliance (ISA), became a treaty-based international intergovernmental organization on December 6. In terms of its Framework Agreement, with ratification by Guinea as the 15th country on 6th November 2017, the International Solar Alliance (ISA) has become a treaty-based […] 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
India Should Focus On To Build Solar-Electricity Storage System: Researcher Updated On Wed, Nov 29th, 2017 by Saurenergy The process having a mismatch between peak demand and electricity generation period for solar. The Fellow & Area Convenor at the Centre for Resource Efficiency and Governance in The Energy and Resources Institute (TERI), Nitya Nanda emphasized on building a robust storage system for electricity to have balance cost-effective energy mix. Nitya also stated about […] Read more
Intersolar India Exhibition and Conference To Be Held From December 5-7, 2017 Updated On Wed, Nov 29th, 2017 by Saurenergy The event will have Special Exhibitions on Electrical Energy Storage and Power2Drive. Intersolar India Exhibition and Conference will open its doors in less than a week on December 5 -7, 2017 at the Bombay Exhibition Centre(BEC) in Mumbai, providing a platform for all industry professionals to meet, exchange, discuss challenges and solutions and promote the […] Read more
Companies Spend Just 6 Percent of CSR Fund on Clean Energy: Report Updated On Wed, Nov 29th, 2017 by Saurenergy Key findings of the report showcase that while Corporate Social Responsibility (CSR) programmes in education, sanitation or skills and livelihood have seen a dramatic increase, while it remain low for clean energy and energy access. A report released by Samhita Social Ventures showcases that Indian companies are spending a mere 6 percent of their CSR […] Read more
India-World Bank Ink $100 Million Loan Agreement For Clean Energy Updated On Tue, Nov 21st, 2017 by Saurenergy The solar parks will be mostly under the Ministry of New and Renewable Energy’s (MNRE) Solar Park Scheme. In a significant development, India and the World Bank have signed a $100 million loan and a grant agreement to help the country increase power generation capacity through cleaner, renewable energy sources. In a statement the World […] Read more
Solar Companies Expect Easier Financing For Projects Updated On Mon, Nov 20th, 2017 by Saurenergy Moody’s upgrade of India to a solid investment grade level is a positive move in the renewable energy sector but regulatory hurdles could be a challenge. India’s massive effort towards renewable energy projects will gain from easier finance for investments following the upgrade of the country’s sovereign rating by Moody’s, according to the industry leaders. […] Read more
Climate Talks: India Scores Diplomatic Victory As China Announces Plan to Join International Solar Alliance Updated On Mon, Nov 20th, 2017 by Saurenergy China’s decision to join the global solar alliance of 121 solar resource rich countries is seen as India’s significant victory as the former has become the most dominant player of renewable energy. In a significant development, China has announced its intention to join the India-led International Solar Alliance (ISA) at the UN-sponsored climate change conference […] Read more