China’s Longi Plans Solar Equipment Manufacturing Facility in India Updated On Thu, Dec 14th, 2017 by Saurenergy The plan to set up a factory in India by LONGi, the world’s largest monocrystalline solar wafer maker, comes in backdrop to Union government’s proposal to make it mandatory for firms to have local manufacturing capability to bid for the world’s largest solar tender of 20 gigawatts (GW). LONGi Green Energy Technology Co. Ltd is […] Read more
Solar Panel Warranty Insurance Policy Introduced by ICICI Lombard Updated On Wed, Dec 13th, 2017 by Saurenergy The park developers and park owner will be the sole beneficiary as insured, which the Solar Panel Warranty Insurance aims to cater at large. Solar park developers can now be covered by ICICI Lombard General Insurance, the company recently announced. While announcing the company stated “The standalone insurance product gives comfort to lenders and investors […] Read more
INDIA Marches Ahead Updated On Wed, Dec 13th, 2017 by Saurenergy As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […] Read more
Mumbai Temple Harnesses Solar Power to Reduce Annual Power Bills By 40 Percent Updated On Wed, Dec 13th, 2017 by Saurenergy The prominent Manas Mandir derasar in Shahapur has installed solar rooftop panels that will reduce pollution and save 40 percent of its annual cost of electricity. Many Mosques and temples in several parts of India have started to harness electricity from renewable energy sources. This time, the prominent temple in Mumbai, Manas Mandir derasar in […] Read more
African Development Bank Grants $265M Loan for Two Solar Power Plants Updated On Tue, Dec 12th, 2017 by Saurenergy The bank has committed $265 million for Morocco where two solar power plants named NOORM I and NOORM II with a combined capacity of 800MW The African Development Bank (AFDB) has approved $324 million loan for two renewable energy projects in Africa. The Bank has set aside US$265 million for two solar power plants named […] Read more
MNRE Releases List of Sanctioned Solar Parks under the Solar Park Scheme Updated On Fri, Dec 1st, 2017 by Saurenergy Solar parks across various states in the country, each with a capacity of Solar Projects generally above 500 MW will be built. In a bid to provide clean energy to the citizens of India PM Narendra Modi earlier has revised national solar mission capacity from the current 22 gigawatt (GW) to 100 GW by 2022. The […] Read more
Rooftop Solar Presents a $23 Billion Opportunity in India: Report Updated On Thu, Nov 30th, 2017 by Saurenergy Rooftop solar in India will grow inevitably with or without the support of power distribution utilities According to a new report released by Bloomberg New Energy Finance (BNEF), India’s 40-GW target for rooftop solar PV by 2022 represents a $23 billion investment opportunity. The report titled, ‘Accelerating India’s Clean Energy Transition,’ which was released at […] Read more
Tumbling Solar Prices Starts Claiming Victims as Trina Reconsiders India Updated On Thu, Nov 30th, 2017 by Saurenergy Trina solar CEO says the Chinese company is reconsidering a planned India plant because prices there are now too low. The price of solar is tumbling across the world. And solar auctions are having their intended effect: Prices for developers are tumbling across Asia. While that’s good news for consumers, solar companies might have to […] Read more
Intersolar India Exhibition and Conference To Be Held From December 5-7, 2017 Updated On Wed, Nov 29th, 2017 by Saurenergy The event will have Special Exhibitions on Electrical Energy Storage and Power2Drive. Intersolar India Exhibition and Conference will open its doors in less than a week on December 5 -7, 2017 at the Bombay Exhibition Centre(BEC) in Mumbai, providing a platform for all industry professionals to meet, exchange, discuss challenges and solutions and promote the […] Read more
