Oxford PV secures £8.1m funding and three key strategic investors Updated On Tue, Dec 6th, 2016 by Saurenergy Oxford Photovoltaics has announced a further equity investment of £8.1million, which adds to the company’s £8.7m first close investment announced on 18 th October 2016. The bulk of this investment comes from three new strategic investors Statoil ASA, Legal & General Capital and a technology-focused, innovative family fund investor who sees the potential of the […] Read more
Tata Power Solar rated ‘Tier I module manufacturer’ by BNEF Updated On Tue, Dec 6th, 2016 by Saurenergy Tata Power Solar has announced that it has been rated ‘Tier I module manufacturer’ by Bloomberg New Energy Finance (BNEF). The global tiering system evaluates various PV manufacturing companies globally, every quarter, based on different aspects and their bankability, to identify the top tier companies in the market across the world. BNEF rates a company […] Read more
Solar water pump market in India struggles to take off Updated On Tue, Dec 6th, 2016 by Saurenergy In 2014, PM Narendra Modi set a target to install 1 million solar water pumps, equivalent to approximately 3000 MW, for irrigation and drinking water by 2021. But actual cumulative installed base stood at merely 25000 pumps as of April 2016. The bleak performance is despite the government offering massive subsidies of as much as […] Read more
Lightsource aims to setup 1GW of Solar PV Projects in India Updated On Tue, Dec 6th, 2016 by Saurenergy UK-based Lightsource has come out with plans to set up large-scale solar power projects in the budding solar power market of India over the next few years. Lightsource Renewable Energy Ltd Managing Director and Head India Operations Rupesh Agarwal has stated that the company is looking to invest Rs 6500 crore (US$960 million) over the […] Read more
Canadian Solar Closes Financing For 55 Megawatt Yamaguchi Shin Mine Solar Power Project in Japan Updated On Tue, Dec 6th, 2016 by Saurenergy Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced that it has closed JPY14.9 billion (US$141.5 million) senior and subordinate non-recourse term loan facilities to finance the construction and operation of a 55 MWp solar power plant in the Yamaguchi prefecture, Japan. The facilities […] Read more
Solar Accounts For 1% Of Total Power Generated In India In First Half Of FY 2016-17: Mercom Capital Updated On Mon, Dec 5th, 2016 by Saurenergy Marcom Capital in its latest report has revealed that solar energy accounts for almost 1% of total power generated in the country. 5,791.54 million Units of electricity produced in the country during the six-month period from April to September, 2016, the research firm quotes Central Electricity Authority (CEA) stated. The firm note that in the […] Read more
Jordan confirms its lead role in solar energy among the Arab countries with the Falcon Ma’an plant Updated On Fri, Dec 2nd, 2016 by Saurenergy The Falcon Ma’an solar photovoltaic (PV) plant, one of the largest in the Middle East has been connected to the Jordanian national grid. The 23.1 MWp PV plant – executed by the Italian company Enerray, a global EPC contractor, and Saudi renewable energy company Desert Technologies – puts Jordan on the map as a leading […] Read more
17.90 Crore LED bulbs distributed across the Country: Piyush Goyal Updated On Fri, Dec 2nd, 2016 by Saurenergy Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal in Lok Sabha on Thursday said “Achieving efficient implementation of the Unnat Jyoti by Affordable LEDs for All (UJALA) Scheme, the aggregation of demand and bulk procurement by Energy Efficiency Services Limited (EESL) has resulted in huge savings for the consumers across the country.” The Minister […] Read more
5791.54 MU electricity generated by cumulative solar installations from April to September 2016: Piyush Goyal Updated On Thu, Dec 1st, 2016 by Saurenergy New and Renewable Energy Minister, Piyush Goyal in Lok Sabha on Thursday citing an information received from Central Electricity Authority (CEA) stated that 5791.54 MU electricity is produced by cumulative solar installations in the country from April 2016 to September 2016. Quantum of electricity produced by cumulative solar installations in the country:- Year Energy generation […] Read more
