SunSource Energy Raises Fund from SBICAP Neev Fund via PE Investment Updated On Fri, Feb 16th, 2018 by Saurenergy This investment would be used in developing solar project assets in states with low levels of capital investment, namely Uttar Pradesh, Rajasthan, Madhya Pradesh, Bihar, Orissa, Jharkhand, West Bengal and Chhattisgarh. Solar energy products supplier, SunSource Energy Pvt Ltd has raised an undisclosed amount from the Neev Fund, which is a joint venture between SBI […] Read more
Why a Performance Guarantee is Guaranteed Underperformance Updated On Thu, Feb 8th, 2018 by Saurenergy Sorrebh Samdani, Applications Engineering Manager at infiswift Many in the solar industry view the performance guarantee as an assurance that PV projects will produce the maximum amount of energy. While the performance guarantee does ensure that a PV project will produce above a minimum threshold, it does not ensure that it will perform to its […] Read more
Clean Energy Sector Will Create 3 lakh Jobs Updated On Mon, Feb 5th, 2018 by Saurenergy India’s clean energy workforce comprises solar installers, maintenance workers, engineers, technicians and performance data monitors. In a significant development, the Ministry of New and Renewable Energy (MNRE) has prepared a blueprint to create 3 lakh jobs till 2020 in the renewable energy sector. According to sources a long-term target to create 14 lakh jobs by […] Read more
Seraphim Supplies Eclipse For China’s First 5 MW PV Plant with Shingled-Cell Modules Updated On Mon, Jan 29th, 2018 by Saurenergy The Seraphim Eclipse high-efficiency module selected for this project is widely recognized in the solar industry for its innovation and value. The first ground-mounted solar plant using shingled-cell modules, also known as the Zhaiheyuan Project, was successfully connected to the grid in China’s Henan Province. At 5 MW, the Zhaiheyuan Project is also the biggest […] Read more
Azure Roof Power to Electrify Government Buildings of Udaipur Smart City Updated On Thu, Jan 25th, 2018 by Saurenergy With over 150 MWs of high quality, operating and committed solar assets across 20 states, Azure Roof Power has one of the largest rooftop portfolios in the country. Azure Roof Power has a well-diversified customer base with majority portfolio contracted with Government of India backed entities. Azure Power one of India’s leading independent solar power […] Read more
Budget 2018: Why Renewable Sector Needs Innovative Financing Updated On Fri, Jan 19th, 2018 by Saurenergy While most of the issues could be addressed with non-budgetary action, it would be sane for the budget 2018 to respond to these issues and to facilitate the smooth process of clean energy targets. The 2018 budget to be presented on 1 February will be the last full-year budget of this government. This budget comes […] Read more
Year End Review 2017 –MNRE Updated On Wed, Dec 27th, 2017 by Saurenergy Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […] Read more
YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector Updated On Wed, Dec 20th, 2017 by Saurenergy The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […] Read more
Belgian Firm Plans to Invest Rs 1,000 Crore in Renewable Energy in India Updated On Sat, Dec 16th, 2017 by Saurenergy Over the next one to two years, Belgian Firm will invest anywhere between Rs 800 – Rs1,000 crore for renewable energy venture in India. Belgian retail giant Colruyt Group is gearing up to make a big splash in the renewable energy space in India and has lined up an investment of around Rs 800-1,000 crore […] Read more
