Rooftop Subsidy in India Updated On Mon, Oct 24th, 2016 by Saurenergy For the huge solar energy potential that remains untapped in India, a considerable amount constitutes of rooftops. With about 0.24bn households spread across the length and breadth of the country, there are enough roofs to generate 40 percent of the total solar generation target to be achieved by the government by 2022. A Solar PV […] Read more
MYSUN receives a funding of $2.5 Million; Hemant Taneja joins the company’s board Updated On Thu, Oct 20th, 2016 by Saurenergy Recently launched solar marketplace MYSUN (www.itsmysun.com) has received an initial funding of $ 2.5 million. This is the first round of funding after the company was founded by Gagan Vermani and two of his colleagues Divyanshu Sachdev and Gyan Prakash Tiwari in September, 2015 to focus on demand creation, technology, big data, analytics and standardization […] Read more
Huge growth forecasted for India’s solar sector Updated On Wed, Oct 19th, 2016 by Saurenergy India’s solar sector outlook is positive in view of a strong government support for the renewable energy sector to achieve the target of 40GW of installed rooftop solar power by 2022 along with high investor interest, says a report. “We maintain our view that inefficiencies in the power grid infrastructure, power supply shortages and the […] Read more
Tesla to team up with Panasonic to collaborate on manufacturing of photovoltaic cell and module production Updated On Tue, Oct 18th, 2016 by Saurenergy Tesla and Panasonic have entered into a non-binding letter of intent under which they will begin collaborating on the manufacturing and production of photovoltaic (PV) cells and modules in Buffalo, New York. Under this agreement, which is contingent upon shareholders’ approval of Tesla’s acquisition of SolarCity, Tesla will use the cells and modules in a […] Read more
MNRE inviting comments/ suggestions on operational guideline for channel partner/ New Entrepreneurs Updated On Sat, Oct 15th, 2016 by Saurenergy The Government has set a target of 40,000 MWp of Grid-Interactive Rooftop Solar PV Plants by 2022. These rooftop solar PV plants will be set up in residential, commercial, industrial, institutional sectors in the country ranging from 1 kWp to 500 kWp capacity. Such rooftop plants have become economically viable as they produce clean electricity […] Read more
Thrissur Corporation’s 200kW solar plant to be operative by October 15 Updated On Wed, Oct 12th, 2016 by Saurenergy Thrissur Corporation will be inaugurating its 200kW solar plant on October 15, and is expected to start working on similar projects to meet the increasing demand of electricity through renewable sources in different parts of the state. The newly installed solar plant b Thrissur Corporation at Jaihind Market has a capacity to generate 200 kilowatt […] Read more
Total corporate funding in the solar sector in Q3 2016 was $3 billion: Mercom Capital Group Updated On Wed, Oct 12th, 2016 by Saurenergy Mercom Capital Group has released a report on funding and merger and acquisition (M&A) activity for the solar sector in the third quarter of 2016. According to the global clean energy communications and consulting firm total corporate funding, including venture capital and private equity (VC) funding, public market and debt financing into the solar sector in Q3 2016 was up […] Read more
NTPC issues tender for 3.5MW wind and solar hybrid project Updated On Wed, Oct 12th, 2016 by Saurenergy NTPC is floating tender for a 3.5MW wind and solar hybrid project at its Kudgi Super Thermal Power Project in Karnataka. The Scope of Supply & Work includes all design & engineering, procurement & supply of equipment and materials, testing at manufacturers works, inspection, packing and forwarding, supply, receipt, unloading and storage at site, preparation […] Read more
Despite subsidy and incentives, Chandigarh’s residents opting for rooftop solar seems unimpressive Updated On Sat, Oct 8th, 2016 by Saurenergy The rooftop solar PV capacity on government buildings seems to gain a good ground in Chandigarh, but it looks like residents opting for solar power is not very impressive, despite government offering 30 percent subsidy and other incentives. The official records of Chandigarh Renewal Energy, Science and Technology Promotion Society (CREST) states that a total […] Read more
