Concentrating Solar Power Market Expected to Reach 8.9 Billion Dollars by 2025 Updated On Thu, Dec 28th, 2017 by Saurenergy Growing electricity demand along with rising investments to augment the efficiency index will provide an impetus to the concentrated solar power market growth. The global concentrated solar power market is predicted to reach USD 8.92 billion by 2025. Increasing awareness about renewable energy along with government regulations to control growing carbon footprint is further propelling […] Read more
Year End Review 2017 –MNRE Updated On Wed, Dec 27th, 2017 by Saurenergy Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […] Read more
US Announces $12 Million to Advance Early-Stage Solar Research Updated On Sat, Dec 23rd, 2017 by Saurenergy The funding for solar research will advance solar forecasting technologies in a coordinated way with partnerships between national labs, universities, and industry. The U.S. Department of Energy (DOE) announced $12 million in new funding for eight projects to advance predictive modeling capabilities for solar generation. “These models will lead to more accurate forecasts of solar […] Read more
More than 4,000 Telecom Towers to be Installed in Naxal-Hit Areas by DoT Updated On Sat, Dec 23rd, 2017 by Saurenergy Vihaan Networks Limited and Himachal Futuristic Communications Limited have installed 2,199 solar power mobile towers jointly in span of four months. As per the official sources, Ministry of Home affairs has guided Department of Telecom to install 4,072 additional mobile towers on immediate basis in naxal-hit areas. A telecom ministry official quoted “Home Ministry has asked […] Read more
Ultimate Sun Systems Opens New Mumbai Office and Partners with ANB New and Renewable Energy Updated On Sat, Dec 23rd, 2017 by Saurenergy Ultimate Sun Systems will look to rely upon the experience and expertise from ANB New and Renewable Energy LLP to help the company spread its eco-friendly, energy efficient, and high-return solutions in the crucial Maharashtra region. Ultimate Sun Systems (USS), a renewable energy solutions company has announced the opening of a new office in Mumbai […] Read more
EIB Invests $150m to Fund Clean Energy Projects in Peru Updated On Fri, Dec 22nd, 2017 by Saurenergy The two projects are expected to be operational in the first six months of 2018 and will have a total installed capacity of 312MW The European Investment Bank (EIB) is going to invest $150m to the development and operation of a windfarm and photovoltaic (PV) solarpower project in Peru, a country in western South America. […] Read more
Strict Quality Norms imposed for Solar Equipment and Components to restrict low quality Solar PV equipment in Indian market: Shri R.K. Singh Updated On Thu, Dec 21st, 2017 by Saurenergy Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Lok Sabha today, informed that there is no formal specific information relating to any specific solar equipment or component being of low quality and sold in Indian market. Shri Singh further informed […] Read more
Astronergy to Supply 80MW Solar Modules for Atlas Renewable Energy Project in Brazil Updated On Thu, Dec 21st, 2017 by Saurenergy The solar modules supplied to Atlas Renewable Energy will be used in 80MW Sol do Futuro solar power plant located in in Aquiraz, Ceará, Brazil, and will be delivered by the second quarter of 2018. Chint Sola, also known as Astronergy signed an 80MW solar modules supply contract with Atlas Renewable Energy, which is developing […] Read more
YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector Updated On Wed, Dec 20th, 2017 by Saurenergy The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […] Read more