NDB signs first loan agreement for financing Shanghai Lingang distributed solar power project Updated On Thu, Dec 22nd, 2016 by Saurenergy The People’s Republic of China and the New Development Bank signed a Loan Agreement approving the provision of RMB (CNY) 525 million (INR 512 million/ USD 75 million) sovereign project loan for the Bank’s first project in China – Shanghai Lingang Distributed Solar Power Project. The Loan Agreement was signed by Mr. Shi Yaobin, Vice […] Read more
LG CNS bags contract for 55MW Yamaguchi Shin Mine Solar Power Project in Japan Updated On Wed, Dec 21st, 2016 by Saurenergy LG CNS has announced that it will construct a 55 Megawatt solar power plant in Shin Mine of Yamaguchi prefecture, Japan. The project amounts to approx. KRW 170 billion in size with the cost of construction and operation combined, and it will last about 18 months with the goal of commencing commercial operation in May […] Read more
Duke Energy completes sale of international businesses in Peru, Chile, Ecuador, Guatemala, El Salvador, Argentina Updated On Wed, Dec 21st, 2016 by Saurenergy Duke Energy completed the previously announced sale of its international businesses in Peru, Chile, Ecuador, Guatemala, El Salvador and Argentina to I Squared Capital for approximately $1.2 billion enterprise value. The company is exiting the Latin American market to focus on its domestic U.S. regulated core business. Duke Energy announced the sale of its assets […] Read more
Thin Film Solar Cells Market Size to Exceed $30bn by 2024: Global Market Insights Updated On Tue, Dec 20th, 2016 by Saurenergy Global Market Insights forecasts the thin film solar cells market size to exceed USD 30 billion by 2024. The research firm notes that strong concerns towards fossil fuel depletion with stringent regulations to reduce greenhouse gas emission will drive global thin film solar cells market share. Financial incentives including tax rebate, subsidies, net metering, FIT, […] Read more
With 2017 approaching, India aspires to become the fastest growing solar market in the world Updated On Tue, Dec 20th, 2016 by Saurenergy As the 2017 knocks at the door, it is worth taking a look at the Indian solar sector to analyze key the trends, challenges and outlook. Key highlights include record project volumes – both for capacity addition and issue of new tenders, improving power Distribution Company (DISCOM) financial position as a result of UDAY scheme, […] Read more
Trina Solar Hits New Efficiency Record of 22.61% for Mono-Crystalline Silicon PERC Cell Updated On Mon, Dec 19th, 2016 by Saurenergy Trina Solar Limited has announced that its State Key Laboratory of PV Science and Technology of China has set a new world conversion efficiency record of 22.61% for a high-efficiency p-type mono-crystalline silicon (c-Si) solar cell. The solar cell was fabricated on a large-sized boron-doped Cz-Si substrate with a low-cost industrial process of advanced PERC […] Read more
Global Solar Batteries Market Is Expected To Grow At A CAGR Of More Than 16% Through 2020: Technavio Updated On Mon, Dec 19th, 2016 by Saurenergy Technavio forecasts the global solar batteries market to grow at a CAGR of more than 16% through 2022 report. According to the research firm the telecom sector will be one of the major factors that will have a positive impact on the growth of the solar power batteries market in the coming years. With the growth of […] Read more
Photovoltaics and Ethylene Oxide Production to consume Six Hundred Million Ounces of Silver Through 2020 Updated On Sat, Dec 17th, 2016 by Saurenergy Two of the everyday industrial uses for silver are in photovoltaic cells (the main constituents of solar panels) and as a catalyst for the production of ethylene oxide (an important precursor in the production of plastics and chemicals). These two uses of silver will together account for 120 Moz per year of consumption on average […] Read more
West Bengal Electricity Utility installs Smart Meters to Curb Power Theft Updated On Sat, Dec 17th, 2016 by Saurenergy In a bid to cut down power theft, the state power department has started installing smart metres for West Bengal Power Distribution Co Ltd. “We have set up a target to install such metres for 1.7 crore consumers. New connections are being given through smart metres,” state Power Minister Sovandeb Chattopadhyay said on the sidelines […] Read more