MNRE amends new guideline for selection of 3000 MW Grid connected solar PV power projects Updated On Sat, Oct 1st, 2016 by Saurenergy The Ministry of New and Renewable Energy has brought new amendment to the guideline for selection of 3000 MW Grid connected Solar PV Power Projects under NSM, Phase-II, Batch-II. The Section 3.5 stands modified as follows: Existing provision Modified provision 3.5 Qualification Criteria for Short-Listing of Bids/ Projects A. Financial Criteria Infusion: Minimum paid up share […] Read more
SunPower’s Sr. Vice President Eric Branderiz joins Tesla Updated On Sat, Sep 24th, 2016 by Saurenergy Tesla on Friday announced that Eric Branderiz will join the Company on October 24, 2016 as Vice President, Corporate Controller and Chief Accounting Officer. Eric was most recently SunPower’s Senior Vice President, Corporate Controller and Chief Accounting Officer. Eric brings accounting and solar expertise to Tesla after spending 6 years at SunPower Corporation. The Tesla […] Read more
Azure Power announces the launch of its initial public offering Updated On Fri, Sep 23rd, 2016 by Saurenergy Azure Power Global Limited (“Azure Power”) has announced the launch of its initial public offering of 6,818,182 equity shares. 5,863,637 equity shares will be sold by Azure Power, while 954,545 shares will be sold by certain selling shareholders says the official statement. The company expected to grant the underwriters a 30-day option to purchase up […] Read more
Schneider Electric names Peter Herweck as Executive Vice President and Member of the Executive Committee Updated On Thu, Sep 22nd, 2016 by Saurenergy Schneider Electric is appointing Peter Herweck as Executive Vice President of the Industry Business and Member of the Executive Committee. Peter, 50- began his career at Mitsubishi Electric as a software development engineer in Japan before joining Siemens in 1993, where he held a variety of positions in the automation and drives field in Germany […] Read more
India’s Department of Posts plans to harness solar power at its offices Updated On Tue, Sep 20th, 2016 by Saurenergy The Department of Posts has planned to harness solar power by launching a project at its headquarters in Delhi and plans to expand it to its buildings spread across the country, a top official said today. “We are examining the process of harnessing roof-top solar energy. To start, we are looking whether it can be […] Read more
JinkoSolar Urged to Support India’s Ambitious Solar Target Updated On Wed, Sep 14th, 2016 by Saurenergy JinkoSolar Holding recently attended the India-China CEO’s Dialogue, organized by the Confederation of Indian Industry (CII) in New Delhi, India. At the high level meeting with Minister of Finance, Minister of Energy, Minister of Corporate Affairs, and other India’s top governors, JinkoSolar urged to support India’s ambitious solar target and discussed the challenges faced by […] Read more
Indian companies dominating the domestic solar market: Report Updated On Tue, Sep 13th, 2016 by Saurenergy Home grown companies are taking hold of domestic solar PV market reports consultancy firm Bridge to India in its ‘India Solar Map 2016”. According to the map with 460 MW capacity commissioned in the last year, Adani ranks number 1 amongst project developers followed by Acme and Welspun. Interestingly First Solar and SunEdison are the […] Read more
Maxim replaces protection diodes with new cell-string optimizer technology Updated On Mon, Sep 12th, 2016 by Saurenergy New cell-string optimizer technology from Maxim Integrated Products allows photovoltaic (PV) panels to harvest significantly more energy and simplifies design complexity for solar installation projects. Maxim’s cell-string optimizers are highly integrated DC-DC converters that replace the bypass diode and perform maximum power point tracking (MPPT) deep inside the PV module. By replacing each diode with […] Read more
MNRE issue guidelines for smooth implementation of grid connected solar rooftop projects Updated On Sat, Sep 10th, 2016 by Saurenergy Ministry of New and Renewable Energy’s scheme for grid connected rooftop solar projects states that the Central Financial Assistance (CF A) would be 30% of the benchmark cost or actual project cost, whichever is lower, for such projects in residential, social and institutional sectors in General Category States/ UTs and 70% for such projects in […] Read more