CalPERS buys ownership stake in 550-megawatt solar plant in Riverside County Updated On Sat, Mar 26th, 2016 by Saurenergy The California Public Employees’ Retirement System (CalPERS) has announced that it would acquire up to a 25 percent stake in the 550-megawatt solar plant in Riverside County. The Riverside County solar farm was world’s largest solar project when it opened last year. CalPERS’ investment in the farm is seen as welcome news in the industry […] Read more
More than 99 million homes across the world to run on Solar by 2020: Report Updated On Thu, Mar 3rd, 2016 by Saurenergy By the year 2020 more than 99 million households across the world will be powered by solar panels claims a report. A London-based research company in a report stated that off-grid solar market has witnessed USD 276 million investments in 2015, a 15-fold increase since 2012. The report also says that there is USD 3.1 […] Read more
Hybrid Fuel-Solar Innovation can Level the Mining Power Outrage Updated On Mon, Feb 15th, 2016 by Saurenergy Sectors like Mining, where irradiation is high, CSP solar components which depends completely on sunny regions can aid the power crisis for these vulnerable areas. A study named “A hybrid solution with concentrated solar power (CSP) and fuel for baseload mining operations” analyses the fit of Stirling Hybrid solutions for the mining industry. The Stirling […] Read more
Maharashtra Impulse on Solar Investment – aims Rs 50,000 crore Updated On Fri, Feb 12th, 2016 by Saurenergy Well-suited solar conditioned states are collaring to use solar energy, now Maharashtra has opened investments worth Rs 50,000 crore to boost its solar energy project. The state government, with the Centre and private sectors, is set to bring modifications to reduce solar power cost to make it farmer-friendly in rural Maharashtra. “The state government is […] Read more
Australian Expertise in Rooftop Solar can aid India’s Renewable needs – Piyush Goyal Updated On Thu, Feb 11th, 2016 by Saurenergy Recently, at the roundtable of ‘Renewable Energy Challenge for Grid Integration’, Power Minister Piyush Goyal pronounced “Australia’s rooftop solar expertise has to be looked into to transfer technology at affordable rates expanding renewable energy in India.” The minister said, “India can use Australian expertise in rooftop solar as almost a third of Australian homes in […] Read more
IFC, MP Govt to Build the Largest Single-site Power Project in Rewa Updated On Mon, Jan 18th, 2016 by Saurenergy A member of the World Bank Group share intends to partner with Madhya Pradesh government for a massive solar project. IFC and state govt. aims to setup the largest single-site power project of 750-Mw in Rewa. IFC will put its expertise to structure and propose the transaction through private investments of about $750 million. “Successful […] Read more
GMR Edifice 5MW Powered Solar Power Plant at Hyderabad Airport Updated On Wed, Jan 13th, 2016 by Saurenergy GMR Hyderabad International Airport Ltd edifices a 5 MW solar power plant checking on the local demands of consumption. The solar plant set up will cost around Rs. 25 crore and has started generating around 25,000 units per day addressing the airport’s peak power demand during day time. SGK Kishore, Chief Executive Officer of GHAIL, said that […] Read more
Overall 2015 Was a Good Year for Solar Sector attracted Rs. 1.77 Lakh Cr Funds Updated On Tue, Jan 12th, 2016 by Saurenergy Solar sector globally attracted corporate funding worth $25.3 billion (nearly Rs 1.70 lakh crore) in 2015 against that of $26.5 billion (nearly Rs 1.77 lakh crore) in 2014, explains a report. “Total global corporate funding in the solar sector, including venture capital/private equity (VC), debt financing, and public market financing, raised by public companies came […] Read more
SunEdison Identifies Indian Firm for $2 Billion Solar Project Updated On Wed, Dec 23rd, 2015 by Saurenergy In a major support to Indian Govt’s ‘Make in India’ initiative, US based renewables major SunEdison Inc is hoping to invest upto $2 billion (INR 13,200 Crore) in the following year in a polysilicon producing facility in India. It is utilizing feedstock material as a part for its most solar power applications. The company is […] Read more
