Deloitte Proposes Roadmap for Achieving India’s 40 GW Rooftop Solar Target by 2022 Updated On Wed, Apr 3rd, 2019 by Saurenergy Scaling up rooftop solar in the MSME sector in India requires addressing issues related to lack of low-cost financing, inadequate level of awareness, and lack of rooftop aggregation models. In order to achieve the government’s ambitious target of building 40 GW of rooftop solar capacity by 2022, professional services and consultancy firm Deloitte has suggested […] Read more
Urban Development Dept Issues Tender For 340 kW Rooftop Solar on HDMC Buildings Updated On Wed, Apr 3rd, 2019 by Saurenergy The last date for bid submission is May 8, 2019 The Urban Development Department (UDD) on behalf and for the Hubli – Dharwad Municipal Corporation (HDMC) has issued tender for setting up of rooftop solar projects totalling 340 kW on net metering or gross metering models at multiple locations owned by HDMC in the Hubballi […] Read more
Canadian Solar Subsidiary Recurrent Energy Gets $50 Million LoC from Natixis Updated On Tue, Apr 2nd, 2019 by Saurenergy Canadian Solar today announced that its wholly-owned subsidiary Recurrent Energy, LLC has secured a $50 million letter of credit facility from global financial services company Natixis. The US-based firm Recurrent Energy, which is one of the leading utility-scale solar and energy storage project developer has secured a $50 million LoC facility from multinational financial services […] Read more
India Signs MoU to Share Bolivia’s Vast Lithium Deposit Updated On Mon, Apr 1st, 2019 by Saurenergy Both sides agreed to work together for exploration and extraction of the vast Lithium deposits of Bolivia. Lithium is a key resource used in making batteries that India needs for its clean technology initiatives such as increased use of electric cars. India after signing a Memorandum of Understanding (MoU) with Bolivia, has leveraged its way […] Read more
$130 Mn Grant For Early-Stage Solar Research Project Updated On Sat, Mar 30th, 2019 by Saurenergy The U.S. Department of Energy (DOE) announced up to $130 million for new research to advance early-stage solar technologies. These projects will help to achieve affordable and reliable energy to enhance America’s economic growth and energy security. “Solar is an integral part of the Administration’s ‘all-of-the-above’ energy strategy,” said U.S. Secretary of Energy Rick Perry. “This cutting-edge, […] Read more
Industry Roadblocks May Halt Renewable Energy Growth Juggernaut Updated On Fri, Mar 29th, 2019 by Saurenergy Renewable energy saw a significant boost globally in the past few years on the back of rising awareness about trimming the effects of climate change and global warming. Moreover, many countries globally, including India, are taking an active part in increasing the share of renewables, especially, solar in their energy mix. However, there are many […] Read more
AfDB Approves $20 Mn Facility For Green Mini-Grid Program in Congo Updated On Fri, Mar 29th, 2019 by Saurenergy The African Development Bank (Afdb) Board has approved the allocation of $20 million in loans to the Democratic Republic of Congo, to support renewable-based, mini-grid solutions to the off-grid cities of Isiro, Bumba and Genema. The DR Congo Green Mini-Grid Program will serve as the pilot to an innovative private-led electrification approach to deploy renewable-based […] Read more
US & Ghanaian Companies Sign Agreement for Solar Energy Updated On Thu, Mar 28th, 2019 by Saurenergy Ghanaian and US companies sign agreement to provide solar energy to 6 Dioceses facilities in Ghana Ghanaian company Strategic Security Systems International, and its subsidiary Strategic Power Solutions signed a partnership agreement with the U.S. Company AEG International to provide solar energy to six dioceses of the Ghana Catholic Church. The U.S. Trade and Development […] Read more
Azure Power Surpasses 100 MW of Operating Rooftop Solar Capacity Updated On Wed, Mar 27th, 2019 by Saurenergy Azure Power, a leading solar power producer in India, announced that it has surpassed 100 MW of operating solar rooftop capacity, making the operating portfolio of Azure Roof Power, one of the largest in the country. The milestone was achieved with the company’s recent rooftop project commissioning of various capacities under Delhi Jal Board, Indian Railways […] Read more
