US Announces $12 Million to Advance Early-Stage Solar Research Updated On Sat, Dec 23rd, 2017 by Saurenergy The funding for solar research will advance solar forecasting technologies in a coordinated way with partnerships between national labs, universities, and industry. The U.S. Department of Energy (DOE) announced $12 million in new funding for eight projects to advance predictive modeling capabilities for solar generation. “These models will lead to more accurate forecasts of solar […] Read more
EIB Invests $150m to Fund Clean Energy Projects in Peru Updated On Fri, Dec 22nd, 2017 by Saurenergy The two projects are expected to be operational in the first six months of 2018 and will have a total installed capacity of 312MW The European Investment Bank (EIB) is going to invest $150m to the development and operation of a windfarm and photovoltaic (PV) solarpower project in Peru, a country in western South America. […] Read more
PROINSO to Add Trojan Battery Products to Its Mini-Grid and Micro-Grid Solutions Updated On Fri, Dec 22nd, 2017 by Saurenergy PROINSO will supply the full range of Trojan batteries through its 20+ representative sales offices. UK based solar energy firm PROINSO has announced that it will distribute deep-cycle batteries from Trojan Battery Co., LLC. PROINSO’s continued focus on the micro-grid and mini-grid sectors is further evidenced by its distribution of Trojan Battery products. PROINSO will […] Read more
Strict Quality Norms imposed for Solar Equipment and Components to restrict low quality Solar PV equipment in Indian market: Shri R.K. Singh Updated On Thu, Dec 21st, 2017 by Saurenergy Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Lok Sabha today, informed that there is no formal specific information relating to any specific solar equipment or component being of low quality and sold in Indian market. Shri Singh further informed […] Read more
Waaree Energies Limited Raises Rs 100 crore From Centrum Financial Services Limited Updated On Thu, Dec 21st, 2017 by Saurenergy Centrum Group, controlled by ex-Standard Chartered top leader, Jaspal Bindra, made the investment through its non-banking finance arm. The integrated solar power solutions company, Waaree Energies Limited raised Rs 100 crore from Centrum Financial Services Limited for helping the Mumbai-based alternate energy equipments firm’s capacity expansion through a structured financing deal. Founded in 1989 and headquartered […] Read more
Rays Future Energy Executes 60MW of Capacity Under Open Access In India Updated On Wed, Dec 20th, 2017 by Saurenergy Rays Future Energy will focus on the development of the private off-taker market to provide renewable energy solutions to the private off-taker market under both the distributed and open access based models over the next few years, starting with Karnataka. Rays Future Energy, a subsidiary of integrated solar power company Rays Power Infra, said it […] Read more
ST Technology & solutions develop Smart Grids Sector Updated On Wed, Dec 20th, 2017 by Saurenergy The expertise of STMicroelectronics in the smart grids sector is commodious. In fact the Geneva headquartered semiconductor and electronics heavyweight was an early innovator in the smart grid landscape. Traversing across the years of innovation and technology advancement, Allan Lagasca – ST’s smart grid honcho draws the company’s innovative journey on building a sustainable and […] Read more
YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector Updated On Wed, Dec 20th, 2017 by Saurenergy The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […] Read more
Three Solar Projects to Be Launched By Vietnam Based TTC, In First Half of 2018 Updated On Wed, Dec 20th, 2017 by Saurenergy With a combined investment of about 3 trillion dong ($132 million), the three projects in central and southern provinces of Vietnam will have a total capacity of around 150 megawatts (MW). Vietnam based TTC Corp expects to start construction work for the country’s first three solar power projects in the first half of 2018, its chairman announced. […] Read more
