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
Government Proposes Rs 23,450 Crore Rooftop Solar Scheme Updated On Fri, Dec 22nd, 2017 by Saurenergy The scheme will integrate discoms as an implementing agency in the second phase of the rooftop solar scheme. The Ministry of New and Renewable Energy (MNRE) has prepared a concept note on ‘Sustainable Rooftop Implementation for Solar Transfiguration of India (SRISTI)’ to the tune of Rs 23,450 crore to state power distribution companies, or discoms, […] Read more
PROINSO to Add Trojan Battery Products to Its Mini-Grid and Micro-Grid Solutions Updated On Fri, Dec 22nd, 2017 by Saurenergy PROINSO will supply the full range of Trojan batteries through its 20+ representative sales offices. UK based solar energy firm PROINSO has announced that it will distribute deep-cycle batteries from Trojan Battery Co., LLC. PROINSO’s continued focus on the micro-grid and mini-grid sectors is further evidenced by its distribution of Trojan Battery products. PROINSO will […] Read more
Ministry Releases Concept Note on Sustainable Rooftop Implementation for Solar Transfiguration of India (SRISTI); Invites comments/views from stakeholders by 31st December Updated On Thu, Dec 21st, 2017 by Saurenergy With a view to accelerate the deployment of rooftop solar power in the country, the Ministry of New and Renewable Energy (MNRE) has prepared a concept note on ‘Sustainable Rooftop Implementation for Solar Transfiguration of India (SRISTI)’. Government has set a target of reaching 100 GW of solar power installed capacity in the country by […] Read more
Generation of Electricity from Municipal Solid Wastes 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 only one Waste to Energy project from South Delhi Municipal Corporation was received and approved for funding under the Swachh Bharat Mission (SBM), being implemented by the […] 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
Waaree Energies Limited Raises Rs 100 crore From Centrum Financial Services Limited Updated On Thu, Dec 21st, 2017 by Saurenergy Centrum Group, controlled by ex-Standard Chartered top leader, Jaspal Bindra, made the investment through its non-banking finance arm. The integrated solar power solutions company, Waaree Energies Limited raised Rs 100 crore from Centrum Financial Services Limited for helping the Mumbai-based alternate energy equipments firm’s capacity expansion through a structured financing deal. Founded in 1989 and headquartered […] Read more
Rays Future Energy Executes 60MW of Capacity Under Open Access In India Updated On Wed, Dec 20th, 2017 by Saurenergy Rays Future Energy will focus on the development of the private off-taker market to provide renewable energy solutions to the private off-taker market under both the distributed and open access based models over the next few years, starting with Karnataka. Rays Future Energy, a subsidiary of integrated solar power company Rays Power Infra, said it […] Read more
ST Technology & solutions develop Smart Grids Sector Updated On Wed, Dec 20th, 2017 by Saurenergy The expertise of STMicroelectronics in the smart grids sector is commodious. In fact the Geneva headquartered semiconductor and electronics heavyweight was an early innovator in the smart grid landscape. Traversing across the years of innovation and technology advancement, Allan Lagasca – ST’s smart grid honcho draws the company’s innovative journey on building a sustainable and […] Read more