Solarpack Raises USD$104 Million in Financing for Solar Power Projects in Chile and India Updated On Tue, May 16th, 2017 by Saurenergy Six solar power projects in India has received $69 million through an Indian financial entity, while a group of Chilean banks has financed three of the Solarpack’s Chilean Small Means of Distributed Generation projects for $35 million. Solarpack has raised a total of USD$104 million for nine solar power projects in Chile and India. A […] Read more
Tata Power Solar and Dell India Have Built India’s Largest Vertical Solar Farm Updated On Mon, May 15th, 2017 by Saurenergy The first of its kind, India’s Largest Vertical 120kV Solar Farm has been built on Dell’s Bengaluru campus. The plant will produce enough energy to light-up its entire cafeteria and basement parking. Tata Power Solar, India’s largest integrated solar company, and Dell International Services India Pvt. Ltd. have together built India’s largest vertical solar farm […] Read more
Foxconn and SoftBank to Bring World’s Cheapest Solar Power in India Updated On Sat, May 13th, 2017 by Saurenergy SBG Cleantech Ltd., the clean-energy joint venture between Japan’s SoftBank Group Corp., India’s Bharti Enterprises Pvt. and Taiwan’s Foxconn Technology Group quoted 2.45 rupees to scoop up the 300 MW solar power project. Companies led by SoftBank Group Corp. of Japan and Taiwan’s Foxconn Technology Co. Ltd. are bringing India some of the cheapest solar […] Read more
Arctech Solar Tops the GTM Asia-Pacific PV Tracker Market Share List, Also Leads Indian and Chinese Markets in 2016 Updated On Fri, May 12th, 2017 by Saurenergy Arctech Solar’s sales volume has increased dramatically in 2016, and the company has also been adjusted No.1 leader in China and India with a total market share of 30% in Asia-Pacific PV tracker market. According to the recent Global PV Tracker Landscape 2017 report published by GTM Research, Arctech Solar, a leading manufacturer and solution […] Read more
Ripple effect of India’s energy shift visible globally Updated On Fri, May 12th, 2017 by Saurenergy The Indian government’s striking policy shift towards renewable energy sources — away from more expensive and polluting fossil fuels — is a strong global endorsement of the country’s leadership,” Tim Buckley, Director at the Cleaveland-based Institute for Energy Economics and Financial Analysis (IEEFA) said India’s solar tariffs have fallen 40 per cent in just 16 […] Read more
India will become the third biggest solar market globally in 2017: Bridge to India Updated On Tue, May 9th, 2017 by Saurenergy As of March 2017, India has already installed 12.2 gw of utility scale solar power, it said. India will become the third biggest solar market globally in 2017, says India Solar Handbook 2017 by Bridge to India, a consulting and knowledge service provider in the clean technology market. With 8.8 gw (giga watt) of projected […] Read more
India assists Mauritania with $65.68 million for solar-diesel hybrid rural electrification Updated On Mon, May 8th, 2017 by Saurenergy New Delhi has approved letters of credit worth $65.68 million for a solar-diesel hybrid rural electrification project in the North African country, the Embassy of Mali, which is also accredited to the country, has said. Despite very low trade between India and Mauritania, New Delhi has approved letters of credit worth $65.68 million for a […] Read more
Solar Power and Biometric Based ATM Being Developed for Rural India Updated On Thu, May 4th, 2017 by Saurenergy Science and Technology Ministry has discussed the launch of two pilot prototypes of Solar Power and Biometric Based ATM in a rural bank. As reported in IANS, Union Science and Technology Minister Harsh Vardhan told that a Solar Power and Biometric Based ATM have been developed by Indian scientists for rural areas. He further mentioned […] Read more
India Expects To Add Almost 10 GW of Solar Power Capacity in 2017 Updated On Tue, May 2nd, 2017 by Saurenergy Mercom Capital Group expects over 9,000 megawatts of utility-scale and almost 800 megawatts of rooftop solar power capacity to be added in 2017. The Indian solar power market is expected to see another record capacity addition this year as several large-scale power projects are lined up for commissioning. According to India-based consultancy Mercom Capital Group, […] Read more