USAID, ADB signs MoU to develop solar parks across India Updated On Tue, Mar 29th, 2016 by Saurenergy The US Agency for International Development (USAID) and Asian Development Bank has signed Memorandum of Understanding (MoU) on Monday for providing Rs 5,681 crore ($848 million) in funding to develop solar parks across India. Under the MoU USAID will align the technical resources of two of its programs to support ADB’s investments in the development […] Read more
Panasonic’s Solar Lantern Deployment Crosses 14000 mark in India Updated On Mon, Mar 28th, 2016 by Saurenergy Panasonic has passed the halfway mark of “100 Thousand Solar Lanterns Project” with cumulative number of solar lanterns donated exceeding 50,000 on March 10, 2016. Panasonic’s project started in February 2013 with a donation of 3,000 units to Myanmar, followed by donations to other areas in Asia and Africa without access to electricity. The number […] Read more
India to become the 3rd Largest PV Market to overpower Japan – Reports Updated On Wed, Mar 23rd, 2016 by Saurenergy India’s overall solar project in pipeline now stands at a staggering 23 GW. More than half of it is expected to come online within two years. Bridge to India estimates capacity addition of 4.8 GW solar power plants by this year and over 9 GW in 2017 excluding capacity additions in the rooftop and open […] Read more
SunEdison finds difficult to get buyers for its projects in India Updated On Wed, Mar 23rd, 2016 by Saurenergy US-based renewable energy company SunEdison is finding it difficult to attract buyers for its projects in India. The company failed to sell its 1,480 megawatt (Mw) Indian portfolio to Macquarie Capital, which may affect the valuation of the projects that is estimated by the market at Rs 7,600 crore. According to Business Standard Adani Power […] Read more
American financial institution to allocate $421 million to India for solar, internet projects Updated On Tue, Mar 22nd, 2016 by Saurenergy American financial institution to allocate $421 million to India for its solar and broadband projects reports PTI. It will enable the country to become a low carbon economy and expand the internet infrastructure. Last week US Government’s development finance institution, Overseas Private Investment Corporation (OPIC), sanctioned $250million to subsidiaries of ReNew Power Ventures Private Limited […] Read more
Lapp India bags ISO 14001:2004 certification from TUV Rheinland Updated On Mon, Mar 21st, 2016 by Saurenergy Lapp India, supplier of integrated solutions and branded products in the field of cable and connection technology has bagged ISO 14001:2004 certification from TUV Rheinland. The certification received by the company is a globally recognized standard for environmental management of businesses. It helps the organization minimize their impact on the environment, comply with applicable laws […] Read more
UP Govt extends Solar vision concludes the North India Solar Summit Updated On Mon, Mar 14th, 2016 by Saurenergy Just after UP state govt. proposed a mini-grid solar policy and rooftop solar power policy to change sentiments on clean and renewable energy, manifesting confidant towards solar energy the state has recently hosted the 3rd edition of the North India Solar Summit. Organised by Indian Industries Association (IIA) underlined the emerging business and trade opportunities in […] Read more
India’s Solar Initiative seems already Sunny Updated On Tue, Mar 8th, 2016 by Saurenergy India is a home for around 300 million people living with sporadic electricity and also a country which receives the most amount of sunlight in a year. Hence it is said that the solar energy available in the country surpasses the possible energy output of all fossil fuels energy reserves. Solar is the only viable […] Read more
New Policy for Solar Panels in the Indian Railways Updated On Sat, Mar 5th, 2016 by Saurenergy With Indian government’s aim of making India the ‘clean energy’ kernel, the largest rail network has settled a policy for harnessing solar energy on rooftops of Railway premises. The policy will allow establishing solar power plants through developer mode with a long term Power Purchase Agreement (PPA) by Railways. The existing policy pronounces rooftops of […] Read more