BRICS Bank Open its First Loan Likely for Indian Solar Sector Updated On Mon, Feb 29th, 2016 by Saurenergy The New Development Bank established by BRICS countries is to open up its first loan which is up to USD 2 billion this year by aggregating multilateral lender’s first loan to India which could be for a green solar energy project, president K V Kamath said. Kamath, said the bank is also looking for water […] Read more
Govt likely to announce incentives to boost manufacturing of solar panels Updated On Sat, Feb 27th, 2016 by Saurenergy Government may announce inducements in the upcoming Budget to boost manufacturing of solar panels and achieve its objective of establishing 100 gigawatts of solar capacity by 2022. So far, solar t Finance minister Arun Jaitley may announce incentives, such as Viability Gap Funding (VGF) to help sprout manufacturing plants in the country and vow long-term […] Read more
Vikram Solar Expands its Footprint in Africa – adds 14 Sub-Saharan Countries Updated On Fri, Feb 26th, 2016 by Saurenergy The Indian solar company, Vikram Solar joins forces with African energy distributor Powertech Africa to expand its footprint into 14 new markets in sub-Saharan Africa, including Botswana, Zimbabwe and Tanzania. The alliance will enable Powertech Africa, to generate PV module sales of one megawatt in sub-Saharan Africa by mid-2016 and will indulge in bringing and […] Read more
SoloPower propels Solar Operations in India with Bharat Light and Power Updated On Thu, Feb 25th, 2016 by Saurenergy SoloPower Systems to leverage its advanced technology panels in the Indian rooftop PV market. The US based solar energy equipment enabler has inked a strategic agreement with India’s Bharat Light and Power (BLP) through which SoloPower will supply products for both existing and new roof applications, including the deployment of building-integrated photovoltaics (BIPV), while BLP […] Read more
SunEdison expands Solar Capacity in India aims at 10GW solar energy by 2022 Updated On Wed, Feb 24th, 2016 by Saurenergy After Sun Edison’s recent announcements to support the Make in India, the US-based renewable energy developer has announced an expansion of its installed capacity base in India. Earlier this month, the company disseminated that it has commissioned 146 MW of solar power capacity across three states in India. The company did not cite if these […] Read more
Maharashtra, UP gets Tough Solar Targets for 2022 Updated On Wed, Feb 24th, 2016 by Saurenergy The MNRE has recently handed over red-letters to solar-friendly states underlining targets and deadline for renewable energy generation and absorption. The letter pronounces Maharashtra and Uttar Pradesh into the challenging solar energy targets by 2022, asserting Maharashtra to increase 30 times solar capacity to its existing 378.7 MW generating 11,926 MW. UP also has a […] Read more
India on track for 20GW Goal from Indian Large-Scale Solar Pipeline – MNRE Updated On Tue, Feb 23rd, 2016 by Saurenergy Ministry of New and Renewable Energy(MNRE) reports that it has accumulated six new projects to its accredited solar parks, which will now create 33 parks across 21 states, with an aggregate PV capacity of 19.9 GW. The promising spur of the Indian National Solar Mission (NSM) has underlined another milestone closer towards a revised 175 […] Read more
Global Solar PV Pipeline well Crosses the 200 GW Mark Updated On Tue, Feb 23rd, 2016 by Saurenergy With an undeniable stir in United States solar investment tax credit (ITC) proposed last year, the global solar photovoltaic pipeline is now reported to surpass 200 gigawatts (GW). At a combined capacity of 110 GW, projects in the U.S., China and Brazil make up half of the current PV pipeline, according to IHS. The biggest […] Read more
Canadian Northern Territory aims to Operate Completely on Solar Updated On Mon, Feb 22nd, 2016 by Saurenergy Canada is in vigorous search for alternatives sources to deviate itself from fossils fuels. Colville Lake situated in the Sahtu Region of the Northwest Territories of Canada is known to have successfully prototyped a system of batteries and solar panels that will leverage the entire community to run on sun’s energy; at least in the […] Read more
