NDB signs first loan agreement for financing Shanghai Lingang distributed solar power project Updated On Thu, Dec 22nd, 2016 by Saurenergy The People’s Republic of China and the New Development Bank signed a Loan Agreement approving the provision of RMB (CNY) 525 million (INR 512 million/ USD 75 million) sovereign project loan for the Bank’s first project in China – Shanghai Lingang Distributed Solar Power Project. The Loan Agreement was signed by Mr. Shi Yaobin, Vice […] Read more
RINL Commissions 5MW Grid-Connected Solar at Vishakhapatnam Steel Plant premises in Vizag Updated On Thu, Dec 22nd, 2016 by Saurenergy The corporate entity of Visakhapatnam Steel Plant, Rashtriya Ispat Nigam (RINL) has commissioned 5 MW of grid-connected solar at the Vishakhapatnam Steel Plant premises in Vizag reports Marcom Capital. The research firm notes that the projects were developed on a Build Own Operate (BOO) basis at a cost of about Rs.330 million ($4.86 million). A […] Read more
Azure Power announces successful installation and operation of its rooftop solar power plant for DMRC Updated On Wed, Dec 21st, 2016 by Saurenergy Azure Power has announced the successful installation and operation of its rooftop solar power plant for Delhi Metro Rail Corporation (DMRC) at the Sultanpur facility. This is the first phase of a 14 MW allocation by DMRC to Azure Power, one of the largest by DMRC to a solar power developer. The tariff on the […] Read more
With 2017 approaching, India aspires to become the fastest growing solar market in the world Updated On Tue, Dec 20th, 2016 by Saurenergy As the 2017 knocks at the door, it is worth taking a look at the Indian solar sector to analyze key the trends, challenges and outlook. Key highlights include record project volumes – both for capacity addition and issue of new tenders, improving power Distribution Company (DISCOM) financial position as a result of UDAY scheme, […] Read more
Global Solar Batteries Market Is Expected To Grow At A CAGR Of More Than 16% Through 2020: Technavio Updated On Mon, Dec 19th, 2016 by Saurenergy Technavio forecasts the global solar batteries market to grow at a CAGR of more than 16% through 2022 report. According to the research firm the telecom sector will be one of the major factors that will have a positive impact on the growth of the solar power batteries market in the coming years. With the growth of […] Read more
Solar Farms are Now The Gold Standard for Investors, Family Offices and Funds Updated On Mon, Dec 19th, 2016 by Saurenergy Solar Farms are now producing electricity at prices that are much less than both natural gas and coal fired power plants. Due to the ever lowering costs of Solar Farms the returns that investors are now deriving from Solar Farm Investments are some of the most sought after investments in the investment community. Investors can […] Read more
Photovoltaics and Ethylene Oxide Production to consume Six Hundred Million Ounces of Silver Through 2020 Updated On Sat, Dec 17th, 2016 by Saurenergy Two of the everyday industrial uses for silver are in photovoltaic cells (the main constituents of solar panels) and as a catalyst for the production of ethylene oxide (an important precursor in the production of plastics and chemicals). These two uses of silver will together account for 120 Moz per year of consumption on average […] Read more
OneRoof Energy Reduces Workforce Updated On Sat, Dec 17th, 2016 by Saurenergy OneRoof Energy a residential solar services provider and wholly-owned subsidiary of OneRoof Energy Group, Inc. has announced that it has significantly reduced its work force as it begins to wind down its active operations. The company has thus far been unable to secure the significant additional financing necessary to continue its ordinary course sales, marketing […] Read more
US-India Clean Energy Finance (USICEF) Initiative launched to expand access to distributed clean energy projects Updated On Sat, Dec 17th, 2016 by Saurenergy Minister of State for Power, Coal & New and Renewable Energy and Mines, Piyush Goyal and US envoy Richard Verma on Friday launched US-India Clean Energy Finance (USICEF) Initiative. The U.S.-India Clean Energy Finance facility (“USICEF”) would support project preparation activities for distributed solar projects in order to unlock OPIC financing and mobilize public and private capital to expand access […] Read more
