Demonetization hits solar power bids in Tamil Nadu Updated On Fri, Nov 25th, 2016 by Saurenergy Demonetization has hit solar power tenders in Tamil Nadu with many developers unable to put down large volumes of cash needed to purchase the land required. Out of 500MW for which Tamil Nadu Generation and Distribution Corporation (TANGEDCO) floated tenders early this month, 20 bids for only 116MW have been received. For presenting a bid […] Read more
Industry’s Aspirations on Solar Blueprint Updated On Fri, Nov 25th, 2016 by Saurenergy Every year India faces severe electricity shortage, to meet the rapidly growing demand the country needs a massive addition in capacity. And to sustain the pace of economic growth with a commitment towards the reduction of greenhouse gases, India has to cut its dependency on fossil fuels for electrification. Therefore solar power installations in India […] Read more
PHOTON Consulting’s PV Triathlon: 3Q16 Rankings Updated On Thu, Nov 24th, 2016 by Saurenergy PHOTON Consulting is pleased to announce the release of the 3Q16 edition of the PV Triathlon, PHOTON’s ranking of solar companies. The PV Triathlon evaluates and ranks solar companies based on PHOTON’s proprietary methodology that includes: Current financial health (i.e. balance sheet related metrics) Cost and profitability leadership (i.e. income statement related metrics) Sustainability of […] Read more
Net-metering conflicts in the United States sets example for rooftop solar market in India Updated On Tue, Nov 22nd, 2016 by Saurenergy Rapid growth in the rooftop solar market of United States and the number of net-metering connections has given a rise to a battle-front between utilities on one hand and consumers & solar developers on the other hand. Utilities are arguing against the rationale of giving customers full retail credit for their excess energy and vigorously […] Read more
Amazon Web Services Brings Five New Solar Farms To Help Power Its Massive Cloud Data Center Updated On Sat, Nov 19th, 2016 by Saurenergy Amazon Web Services is bringing on five new solar farms to help it run its cloud data center. The new solar farms across Virginia will bring a total of 180 megawatts (MW) of renewable energy capacity onto the grid before the end of next year. New facilities along with the company’s existing plant are expected […] Read more
World Bank to grant additional 22.93 million dollars for solar projects in India Updated On Fri, Nov 18th, 2016 by Saurenergy The World Bank has facilitated an additional grant of 22.93 million dollars to India to further increase the installed grid-connected rooftop solar photovoltaic (GRPV) programme in the country. The add-on grant of 22.93 million dollars has been sanctioned under the Global Environment Facility (GEF), and will support the overall $625 million GRPV programme approved by […] Read more
Solar FlexRack Completes Independent Technical Assessment of TDP Turnkey Tracker to Underpin Its Bankability Updated On Wed, Nov 16th, 2016 by Saurenergy Solar FlexRack, a division of Northern States Metals and one of the innovative leaders in photovoltaic mounting and tracking solutions, has announced that Black & Veatch has performed a bankability study of its TDP Turnkey Tracker. The technical report covers the tracker’s design, reliability, durability, installation, operations and maintenance. According to GTM Research, over 70% […] Read more
BUY or LEASE Your Solar panel system? Updated On Tue, Nov 15th, 2016 by Saurenergy Rooftop solar market in India is speculated to add new capacity of 700 MW in 2016 – 15% of total solar capacity addition this year. According to Bridge to India, the cumulative capacity crossed 1 GW by September and is growing at a sizzling 300% over last year. Ministry of Finance has reduced depreciation rate […] Read more
Western Railway to install 2 MW solar panels at its suburban stations Updated On Sat, Nov 12th, 2016 by Saurenergy To reduce carbon footprint, the Western Railway will be setting up solar panels at around 30 locations- with a total capacity of 2 MW. The installed solar plant will provide power for its non-traction work. Western Railway expects to reduce dependence on energy from coal-fired plants by around 10% and save lakhs of rupees in […] Read more