Ministry of Power Raises RPO Trajectory for both Discoms and States Updated On Thu, Jul 28th, 2016 by Saurenergy Ministry of Power has raised the Renewable Purchase Obligations (RPO) trajectory for solar power in India. The Renewable Purchase Obligations makes it mandate for both Distribution Companies (Discoms) and states to purchase a certain percentage of their energy from renewable. Distribution Companies in India will now have to purchase 2.75% of their energy mix from […] Read more
MNRE in process of finalizing the draft for National Lab Policy for Renewable Energy Updated On Mon, Jul 25th, 2016 by Saurenergy The Ministry of New and Renewable Energy (MNRE) is in the process of marking the final seal on a national lab policy to set norms for standardization, testing and certification of renewable energy related products in India, and also define the infrastructure required for the testing centres. Expected to be completed within a month’s time, […] Read more
PM Narendra Modi invites India’s top fossil fuel ventures to contribute in solar Updated On Fri, Jul 22nd, 2016 by Saurenergy India’s topmost energy corporations are moving beyond their roots in fossil fuels to plough money into renewables, supporting the idea of Prime Minister Narendra Modi’s goal to expand the growth of alternatives to the most polluting forms of energy. According to the reports of state agency responsible for implementing energy policy, one of the prominent […] Read more
New Studies exhibits the True Costs of Fossil Fuels & Value of Solar Photovoltaics Updated On Wed, Jul 20th, 2016 by Saurenergy Two new studies published in Review Journal (MRS E and S) MRS Energy and Sustainability, by Carol Olson and Frank Lenzmann emphasizes the true economic, social and environmental benefits of solar PV compared to fossil fuels, in regards to the supply chain of all relevant fuels. In their new studies, Authors Carol Olson and Frank […] Read more
Import of solar cells, modules increases by more than three times in India Updated On Tue, Jul 19th, 2016 by Saurenergy Imports of solar cells and modules have increased by over three times from Rs 5,051 crore in 2014-15 to Rs 15,523 crore in 2015-16. The solar industry in India is certainly having good times as the installations soar and investment increases. Early this year in April the import of solar modules and cell stood at […] Read more
DNV GL Acquires GreenPowerMonitor Updated On Sat, Jul 9th, 2016 by Saurenergy DNV GL has acquired GreenPowerMonitor, a provider of solar monitoring, control and asset management systems. GreenPowerMonitor, established in 2008, employs 56 solar software experts who serve over 200 customers globally. With this acquisition GreenPowerMonitor will get access to DNV GL’s larger global network. With 150 solar experts, DNV GL and GreenPowerMonitor will become one of […] Read more
The residential solar market in the US to grow at a CAGR of 33.12% by 2020: Research and Markets Updated On Sat, Jul 9th, 2016 by Saurenergy Research and Markets has announced the addition of the “Residential Solar Market in the US 2016-2020” report to their offering. The research firm forecast the residential solar market in the US to grow at a CAGR of 33.12% during the period 2016-2020. The report covers the present scenario and the growth prospects of the residential […] Read more
SPI Energy signs non-binding framework agreement with GSR GO Scale Capital Updated On Tue, Jul 5th, 2016 by Saurenergy SPI Energy, a global provider of photovoltaic (PV) solutions has signed a non-binding framework agreement with private equity firm GSR GO Scale Capital Advisors for the issue of US$500 million convertible bonds by the Company. GSR GO Scale Capital will act as an investment advisor to bond holders in order to build the largest capacity […] Read more
Solar Ware Samurai 1500VDC photovoltaic inverter achieves UL 1741 safety certification Updated On Thu, Jun 30th, 2016 by Saurenergy Toshiba Mitsubishi-Electric Industrial Systems Corporation (TMEIC) has announced that its Solar Ware Samurai 1500VDC photovoltaic inverter has achieved a UL 1741 safety certification. The new inverter is the latest addition to TMEIC’s portfolio of PV utility scale solar inverters for industrial markets. The company in a statement said that its Solar Ware inverters offer the […] Read more