Norway’s GPFG Sovereign Fund Permitted to Invest $14Bn in Unlisted Renewables Updated On Sat, Apr 6th, 2019 by Saurenergy The Government is allowing for the Government Pension Fund Global to be invested in unlisted renewable energy infrastructure under the dedicated environmental mandates. Norway’s sovereign wealth fund, the Government Pension Fund Global (GPFG), the world’s largest at more than $1 trillion, will soon be able to invest in unlisted renewable energy infrastructure projects, such as wind power plants and solar […] Read more
Chennai Metro Commissions Two New Solar Power Plants Updated On Sat, Apr 6th, 2019 by Saurenergy Chennai Metro Rail Ltd. (CMRL) has commissioned two rooftop solar power plants at the Naganallur and Meenambakkam stations on its metro line. The two solar plants worth a combined capacity of 428 kWp have been installed on the roofs of the two stations and the electricity generated will be used to meet the day-to-day power […] Read more
Casio Launches New Watches in Pro Trek Series with Solar Power Technology Updated On Fri, Apr 5th, 2019 by Saurenergy The new models feature Casio’s Tough Solar Power technology, which consists of a solar panel system that converts light to electricity and eliminates the need for battery changes. Casio America, Inc., the U.S. subsidiary of Casio Computer, one of the world’s leading manufacturers of consumer electronics and business equipment solutions, has announced the addition of […] Read more
Global Solar PV Market To Reclaim Double-Digit Growth, India Falls behind Updated On Fri, Apr 5th, 2019 by Saurenergy The latest IHS Markit’s Report on Solar sector says this revived growth is coming mainly from markets outside of China, which are forecast to rise by 43% in 2019 but USA will overtake India to once again become the second-largest PV market. The global solar PV market is set to bounce back from single-digit growth […] Read more
Himachal Pradesh Issues Order For Rooftop Solar Systems Based on Net Metering Updated On Thu, Apr 4th, 2019 by Saurenergy The Himachal Pradesh Electricity Regulatory Commission (HPERC) has issued an order for rooftop solar grid-interactive systems based on net metering. The order will be applicable to such domestic consumers to whom a Letter of Approval (LoA) for installing rooftop solar PV system based on net metering is issued after November 15, 2018, as per the 2015 regulations […] Read more
World Bank Grants $148Mn to Finance Access to Electricity in Mozambique Updated On Thu, Apr 4th, 2019 by Saurenergy The World Bank has approved an $82 million grant to increase access to electricity in five of the poorest provinces of Mozambique, including Niassa, Nampula, Zambezia, Cabo Delgado and Sofala. The project is also supported through a $66 million Multi-Donor Trust Fund administered by the Bank. With the potential to benefit about 1.5 million people, […] Read more
India Should Evaluate BESS as a Viable Storage Tech Updated On Thu, Apr 4th, 2019 by Saurenergy The US-India Strategic Partnership Forum (USISPF) has said that grid-connected battery-based energy storage system (BESS) should be evaluated more actively as a commercial storage technology for grid services, as it offers superior performance and a declining price trend in the future. “In the 21st century, India’s symbol of national pride should be its grid that […] Read more
Tamil Nadu Sets Generic Tariff For Solar Projects at Rs 3.04/kWh Updated On Thu, Apr 4th, 2019 by Saurenergy The Tamil Nadu Electricity Regulatory Commission (TNERC) has in its latest order set the generic tariff for procurement of solar PV power in the state to Rs 3.04 per kWh. The tariff will apply to the procurement from all solar PV projects of capacity 1 MW and above. The control period of this order will […] Read more
Amtech Mulls to Sell Solar Biz; Aims to Focus on Profitable Semiconductor Biz Updated On Thu, Apr 4th, 2019 by Saurenergy The reason behind selling its solar assets is that significant investment is required to effectively compete in the changing solar industry. US-based Amtech Systems has decided to divest it’s solar businesses, including Tempress and SoLayTec subsidiaries, along with an aim to focus solely on growth opportunities in it’s a semiconductor and SiC/LED polishing businesses. The […] Read more
