India sanctions scheme to develop 10 Solar Zones having at least 10000 hectares of land Updated On Thu, Jul 21st, 2016 by Saurenergy The Government o India has directed authorization to implement the scheme for setting up of 10 ‘Solar Zones’ each having at least 10000 hectares of govt. or privately owned uncultivable and fallow land in one or more than one patches to encourage solar PV project developers, investors and manufacturers to help achieve the nation’s massive […] Read more
Import of solar cells, modules increases by more than three times in India Updated On Tue, Jul 19th, 2016 by Saurenergy Imports of solar cells and modules have increased by over three times from Rs 5,051 crore in 2014-15 to Rs 15,523 crore in 2015-16. The solar industry in India is certainly having good times as the installations soar and investment increases. Early this year in April the import of solar modules and cell stood at […] Read more
SolarCity raises USD 345 million from four partners to finance new solar projects Updated On Mon, Jul 18th, 2016 by Saurenergy SolarCity has raised $345 million in tax equity from four separate partners in June and July to finance new solar projects. The fund will cover capital cost of new equipment and installations and make it possible for customers to pay less for solar power than they for utility power. Beside the USD345 million in new […] Read more
Centre using VGF tool to woo states like West Bengal for its solar mission Updated On Sat, Jul 16th, 2016 by Saurenergy Centre is trying to woo states like West Bengal offering viability gap funding to put national solar mission on fast track. Ministry of New Renewable Energy (MNRE) joint Secretary Tarun Kapoor speaking to PTI said “We will offer viability gap funding to the state governments. We will give subsidy to bring down the tariff to […] Read more
Interface of Solar with DC Technology will help Secure Energy Security & provide green energy: Piyush Goyal Updated On Sat, Jul 16th, 2016 by Saurenergy Union Minister of State for Power, Coal, Mines and New & Renewable Energy Piyush Goyal, said that the interface of solar technology with DC technology will help to secure energy security & provide green energy. Goyal further added that this fusion of Solar Technology for providing green energy & energy security can be utilized for […] Read more
France roars the Gigawatt Solar Capacity announces 20GW Solar Tenders Updated On Sat, Jul 16th, 2016 by Saurenergy Few years back, the mammoth Gigawatt(GW) stories were profoundly exciting for the solar sector. Now, it seems not a challenge but an amended pledge for every major economy to rejig the renewable transition. The French environment and energy minister Segolene Royal has lately announced a number of new solar tenders in France for the development of various […] Read more
Infineon acquires Wolfspeed for USD 850 million Updated On Fri, Jul 15th, 2016 by Saurenergy Infineon Technologies has entered into a definitive agreement to acquire the Wolfspeed Power and RF division (“Wolfspeed”) of Cree for USD 850 million. The deal also includes the related SiC wafer substrate business for power and RF power. This acquisition will enable Infineon to provide broadest offering in compound semiconductors, it will also reinforce the […] Read more
The residential solar market in the US to grow at a CAGR of 33.12% by 2020: Research and Markets Updated On Sat, Jul 9th, 2016 by Saurenergy Research and Markets has announced the addition of the “Residential Solar Market in the US 2016-2020” report to their offering. The research firm forecast the residential solar market in the US to grow at a CAGR of 33.12% during the period 2016-2020. The report covers the present scenario and the growth prospects of the residential […] Read more
8minutenergy Secures $21 Million USD Letter of Credit Facility from Rabobank Updated On Fri, Jul 8th, 2016 by Saurenergy 8minutenergy Renewables has secured a $21 million USD letter of credit facility from Rabobank. The purpose of the credit facility is to enable 8minutenergy’s utility-scale solar development activities across North America, including supporting the execution of Power Purchase Agreements and Interconnection Agreements associated with projects in various stages of development. “We are thrilled to be […] Read more
