India’s PV Module Manufacturing Sector Needs Serious Attention Updated On Sat, Mar 31st, 2018 by Saurenergy India’s manufacturing sector is set to take a giant leap forward, with the government announcing a slew of measures to boost domestic manufacturing in recent past. As a result, various companies are gearing up to expand their production facilities in India. However, Indian manufacturers continue to face a stiff competition with Chinese and other global […] Read more
Waaree Energies Welcomes ISA Delegates at its 50 MW Solar Plant in MP Updated On Wed, Mar 14th, 2018 by Saurenergy ISA Delegates’ India visit was to study the deployment of solar in India. The summit was significant to India as it tries to achieve the ambitious target of generating 175 GW of renewable energy, including 100 GW of solar energy, by 2022. Waaree Energies Ltd., one of India’s largest solar panel manufacturers, welcomed delegates from International […] Read more
Canadian Solar’s Unit Completes Sale of 235 MW Plant to Korean Utility Updated On Tue, Mar 13th, 2018 by Saurenergy Recurrent Energy developed the three projects, all of which reached commercial operation in 2016 and have long-term power purchase agreements. Canadian Solar Inc. has finalized the sale of its interests in three solar photovoltaic projects totaling 235 MWac/309 MWp. The Korea Electric Power Corporation (“KEPCO”), South Korea’s largest electric utility with an installed capacity of […] Read more
NDB, ISA Join Hands to Promote Solar Energy Updated On Tue, Mar 13th, 2018 by Saurenergy The Declaration was signed by K V Kamath, the NDB President and Upendra Tripathy, Interim Director General of ISA, in the presence of Finance Minister Arun Jaitley. The New Development Bank (NDB), formerly known as the BRICS Development Bank, and International Solar Alliance (ISA) has tied up to promote solar energy across the globe. “On […] Read more
S’pore-based SolarHome Raises $1.2 mn in Convertible Note Offering Updated On Mon, Feb 26th, 2018 by Saurenergy The company to use funds to expand into dry zone in Myanmar and build out credit risk management function. A Singapore-based start-up, SolarHome, that provide Pay-As-You-Go (PAYG) solar off-grid solutions, has raised another USD 1.2 million in growth capital through an issue of convertible notes to a consortium of investors. The company to use funds to expand […] Read more
Solar Home Lighting System Powers Rural India Updated On Wed, Feb 21st, 2018 by Saurenergy With no energy costs and often simple installation, more and more people particularly in rural areas are putting their faith into the solar revolution and switching to harness energy from the sun by using solar home lighting systems. Recent advancements in the technology helped millions of households to use solar home lighting devices. The Solar […] Read more
Shinsung E&C to Supply $19.6 Million Solar Cells to France Updated On Wed, Feb 21st, 2018 by Saurenergy According to the Shinsung E&G official the company conducted a year-long test to achieve the certification with an aim to make inroads into the French market. Shinsung E&G Co., South Korea based solar energy firm has signed a 21.1 billion won ($19.6 million) deal to supply monocrystalline solar cells to Upsolar, a global developer and […] Read more
ABB India Dec Quarter Net Profit up 5.3%; Eyes Solar Expansion Overseas Updated On Tue, Feb 20th, 2018 by Saurenergy We have delivered balanced performance in 2017, and built a solid foundation for future growth and profitability as our nation’s and global markets improve, says Sanjeev Sharma. ABB India Ltd, a leader in power & automation technologies, has reported a rise of 5.3 per cent in its standalone net profit after taxes (PAT) at Rs 171.52 […] Read more
Sterling and Wilson to Build Zambia’s Largest Solar Plant Updated On Wed, Feb 7th, 2018 by Saurenergy Sterling and Wilson was ranked as the world’s largest pure play solar EPC company (outside USA and China) by IHSMarkit in Q1 2017. Sterling and Wilson, leading Global Solar EPC Company has been chosen to construct Zambia’s largest solar plant, of capacity 54.3 MWp. It is the first project to be implemented in the frame […] Read more