Industry’s Aspirations on Solar Blueprint Updated On Fri, Nov 25th, 2016 by Saurenergy Every year India faces severe electricity shortage, to meet the rapidly growing demand the country needs a massive addition in capacity. And to sustain the pace of economic growth with a commitment towards the reduction of greenhouse gases, India has to cut its dependency on fossil fuels for electrification. Therefore solar power installations in India […] Read more
ReNew Power acquires 49MW of rooftop solar tender from SECI Updated On Thu, Nov 24th, 2016 by Saurenergy ReNew Power Ventures has bagged the highest number of projects under a mega tender of 500 megawatts rooftop solar capacity floated by Solar Energy Corporation of India Limited (SECI). The tender was targeted towards institutional — schools, colleges, universities and residential buildings. It was aimed at promoting rooftop solar setups in these sectors. Around 130 […] Read more
Trina Solar Announces Third Quarter 2016 Results Updated On Thu, Nov 24th, 2016 by Saurenergy Trina Solar Limited, a global leader in photovoltaic (“PV”) modules, solutions, and services, announced its unaudited financial results for the quarter ended September 30, 2016. Third Quarter 2016 Financial and Operating Highlights Total module shipments were 1,361.2 MW, compared with 1,658.3 MW in the second quarter of 2016, and 1,703.2 MW in the third quarter […] Read more
Niti Aayog to go beyond traditional areas of planning, to promote solar rooftop initiative Updated On Wed, Nov 23rd, 2016 by Saurenergy Niti Aayog will broaden its purview to go beyond the traditional areas of planning and look at internal security, defense, social and development goals. “Niti Aayog has initiated an exercise to formulate vision and strategy for the period beyond the 12th Five Year Plan (which ends in March 2017),” Minister of State for Urban Development […] Read more
Tesla, SolarCity Powering entire Island of Ta’u in American Samoa with solar power Updated On Wed, Nov 23rd, 2016 by Saurenergy Tesla has revealed that with SolarCity it is powering nearly the entire island of Ta’u in American Samoa with solar power. Tesla officially acquired SolarCity on Monday. SolarCity in a blog notes that Ta’u now hosts a solar power and battery storage-enabled microgrid that can supply nearly 100 percent of the island’s power needs from […] Read more
Solar pumps saving animals at Bandipur National Park: Report Updated On Wed, Nov 23rd, 2016 by Saurenergy Animals at Bandipur National Park are facing water shortage due to poor rain in the region. According to NIE the forest department has decided to use solar pumps to ease the situation. Forest department is taking to help of solar pumps to fill the partially dried up lakes and ponds in the park. Out of […] Read more
EnergySage Launches First-Ever Community Solar Marketplace Updated On Tue, Nov 22nd, 2016 by Saurenergy EnergySage announced today that it has launched the country’s first Community Solar Marketplace™, which drastically simplifies how property owners and renters research and sign up for community solar by both aggregating the many available options in one place and standardizing project information. Now, interested consumers can locate and compare multiple community solar projects in their […] Read more
Mosaic Announces New Financing Facilities for Over $550 Million in Home Solar Loans Updated On Tue, Nov 22nd, 2016 by Saurenergy Mosaic, the leading provider of solar loan financing for homeowners, today announced the closing of a $250 million warehouse facility with Deutsche Bank as the arranger and administrative agent. Together with recent upsizes to Mosaic’s existing warehouse facility and a forward flow whole loan sale arrangement, this agreement provides Mosaic with $550 million of new […] Read more
Net-metering conflicts in the United States sets example for rooftop solar market in India Updated On Tue, Nov 22nd, 2016 by Saurenergy Rapid growth in the rooftop solar market of United States and the number of net-metering connections has given a rise to a battle-front between utilities on one hand and consumers & solar developers on the other hand. Utilities are arguing against the rationale of giving customers full retail credit for their excess energy and vigorously […] Read more