Overall 2015 Was a Good Year for Solar Sector attracted Rs. 1.77 Lakh Cr Funds Updated On Tue, Jan 12th, 2016 by Saurenergy Solar sector globally attracted corporate funding worth $25.3 billion (nearly Rs 1.70 lakh crore) in 2015 against that of $26.5 billion (nearly Rs 1.77 lakh crore) in 2014, explains a report. “Total global corporate funding in the solar sector, including venture capital/private equity (VC), debt financing, and public market financing, raised by public companies came […] Read more
100MW Solar Cell Line to Expand Hyderabad Facility – RenewSys India Updated On Mon, Jan 11th, 2016 by Saurenergy RenewSys India (RIPL) has arranged a 100MW solar cell line from a European manufacturer to extend its own particular manufacturing facility in Hyderabad. According to the source, the new line will be consigned in 2016, will grow RIPL’s solar cell producing capacity to 130MW. Moreover, RIPL strategies to arrange another 100MW line from the same […] Read more
$1.5 Billion International Aid for India’s Rooftop Solar Projects Updated On Fri, Jan 8th, 2016 by Saurenergy To uplift India’s rooftop solar initiative, the World Bank, Asian Development Bank and the New Development Bank formed by the BRICS Nations are opening loans for the Ministry of New and Renewable Energy. Upendra Tripathy, secretary at the MNRE said, “We are getting $500 million (Rs. 3,345 crore) from each of them to fund rooftop […] Read more
Intended Capital Cost for Solar PV – Central Electricity Regulatory Commission (CERC) Updated On Thu, Jan 7th, 2016 by Saurenergy Central Electricity Regulatory Commission (CERC) passed an instruction for resolution of standard capital expense for solar PV ventures for the fiscal year 2016-17. The instruction gauges capital expense including expense of gear, development, land, transmission and pre-operative costs of solar PV ventures for the upcoming FY at INR 50.1 million/MW (USD 0.76 million). Giving a […] Read more
KSA, Al-Afandi Solar Aims to Build Massive Solar Power Plant in The Middle East Updated On Thu, Jan 7th, 2016 by Saurenergy The Kingdom of Saudi Arabia’s Royal Commission has come under an agreement with Al-Afandi Solar to build one of the largest commercial processing plants for solar cell and silicon panel. Yanbu Royal Commission Chief Executive Dr. Alaa Nassif and Al-Afandi Solar Dy. Ibrahim Al-Afandi marked the billion-dollar solar facility contract. The facility is expected to fill a […] Read more
Meralco Promises on 100MW Housetop Solar Projects Updated On Mon, Jan 4th, 2016 by Saurenergy Manila Electric Co. (Meralco) aims to install a massive 100MW solar power plant. Meralco president Oscar Reyes said the project is still being as a feature of the organization’s endeavor into renewable energy (RE). “We still don’t have a firm target, but maybe over three years, the aspiration is 100 MW,” said Reyes. Under the […] Read more
Multi-Directional Solar Cells Can Harvest Sunlight from Various Angles Updated On Mon, Jan 4th, 2016 by Saurenergy Commercial solar panels work best when daylight hits them at a sure point. Recently, specialists had implied that solar panels confront south to gather the most energy from the sun. In another case, a significant 2013 report by Pecan Road prompted that systems leaning westward to boost proficiency. Further investigation has found that deciding the […] Read more
Hooper Solar PV power Plant in Colorado Updated On Thu, Dec 24th, 2015 by Saurenergy The Xcel Energy and the SunPower Corp. announced the commercial operational of the 50MW Hooper Solar PV power plant in Colorado’s San Luis Valley. The Xcel Energy is acquiring the force produced by the plant at cost-aggressive rates under a power buy concurrence with SunPower Corp. The utility gauges that the plant is creating enough […] Read more
Speculation of $120bn From Different Companies – “Make in India” Updated On Sat, Dec 19th, 2015 by Saurenergy The Modi Government is expecting its ‘Make in India’ project to be a noteworthy accomplishment, a source from the Department of Industrial Policy and Promotion (DIPP) uncovers that over 10 organizations have either dedicated or invested worth $120 billion. DIPP Secretary Amitabh Kant said: “We are certain that these submitted ventures will really stream in”. […] Read more
