Indian EPC Sterling and Wilson bags 250 MW Solar Project in Nigeria Updated On Thu, Jul 21st, 2016 by Saurenergy The Indian EPC Sterling and Wilson have been sanctioned to develop 250 MW of 975 MW of solar Power Purchase Agreements (PPAs) by Nigerian Bulk Electricity Trading (NBET) Plc under Nigeria’s FIT program. The recent signing of 975 MW of PPA, which was given granted by the Nigerian Bulk Electricity Trading (NBET) in of the […] Read more
Import of solar cells, modules increases by more than three times in India Updated On Tue, Jul 19th, 2016 by Saurenergy Imports of solar cells and modules have increased by over three times from Rs 5,051 crore in 2014-15 to Rs 15,523 crore in 2015-16. The solar industry in India is certainly having good times as the installations soar and investment increases. Early this year in April the import of solar modules and cell stood at […] Read more
SPI Energy signs non-binding framework agreement with GSR GO Scale Capital Updated On Tue, Jul 5th, 2016 by Saurenergy SPI Energy, a global provider of photovoltaic (PV) solutions has signed a non-binding framework agreement with private equity firm GSR GO Scale Capital Advisors for the issue of US$500 million convertible bonds by the Company. GSR GO Scale Capital will act as an investment advisor to bond holders in order to build the largest capacity […] Read more
Solar Park in India: Scope, Status, Achievement, and Challenges Updated On Sat, Jun 25th, 2016 by Saurenergy India, with its large population and rapidly growing economy, needs access to clean, cheap and reliable sources of energy. The government with the Jawaharlal Nehru National Solar Mission has been promoting ecologically sustainable growth while addressing India’s energy security challenge. The Government of India’s ambitious plan to add 100 GW of solar capacity by 2022 […] Read more
“It is not a cup of tea for any manufacturers to produce an inverter which can run for decades without problem” Luke Lu, Director for Indian Business, Sungrow Updated On Sat, Jun 25th, 2016 by Saurenergy A number of companies are integrating photovoltaic inverter and storage technologies. How its cost implication compared to the output efficiency is affecting a change in various types of installations? Inverter is the heart of any solar PV system. It is highly a technology oriented product. It certainly needs an expertise to produce a highly efficient […] Read more
By 2019 we will be in a position to deliver modules with 18.6% efficiency: Sujoy Ghosh, Country Head, First Solar, India Updated On Sat, Jun 25th, 2016 by Saurenergy First Solar is one of the leading global providers of comprehensive photovoltaic (PV) solar systems. The company’s integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. In an interview with Sujoy Ghosh, Country Head, First Solar, India shares his views on the various initiatives taken by the Government and company’s […] Read more
Amplus Solar acquires portfolio of commercial and industrial rooftop projects of SunEdison India Updated On Fri, Jun 24th, 2016 by Saurenergy Amplus Energy has acquired Sun Edison’s Indian Commercial and Industrial Rooftop Portfolio. Spread across India, the facilities provide on-site renewable power to leading Indian and global corporate customers. Sanjeev Aggarwal, Managing Director and CEO of Amplus said, “Amplus Solar is excited to acquire this high-quality portfolio. We have grown rapidly since an equity investment by […] Read more
Global PV inverter shipments to reach 90GW and value more than $7.1 billion by 2020: GTM Research Updated On Fri, Jun 17th, 2016 by Saurenergy GTM Research in its latest report, The Global PV Inverter and MLPE Landscape 2016 revealed that global shipments of solar PV inverters will reach 90 gigawatts (AC) by 2020. This represents an average annual growth rate of 11 percent between 2016 and 2020. The report states that of the 59.7 gigawatts shipped in 2015, 66 […] Read more
Average costs for electricity generated by solar and wind could decrease by 59% by 2025: IRENA Updated On Thu, Jun 16th, 2016 by Saurenergy International Renewable Energy Agency (IRENA) in its latest report revealed that average costs for electricity generated by solar and wind technologies could decrease by between 26 and 59 per cent by 2025. The report, The Power to Change: Solar and Wind Cost Reduction Potential to 2025, finds that with the right regulatory and policy frameworks in […] Read more