SunSource Energy Aims to Set-Up 200 MW Solar Park in UP Updated On Sat, Feb 17th, 2018 by Saurenergy The project will be financed through a mix of debt and equity. Solar power solutions provider, SunSource Energy Pvt Ltd is planning to build a 200-mw solar park in Uttar Pradesh (UP) with an investment of Rs 900 crore. Commenting on the matter, SunSource Energy, President, and Co-Founder, Kushagra Nandan said, “At the Uttar Pradesh Investors Summit […] Read more
SunSource Energy Raises Fund from SBICAP Neev Fund via PE Investment Updated On Fri, Feb 16th, 2018 by Saurenergy This investment would be used in developing solar project assets in states with low levels of capital investment, namely Uttar Pradesh, Rajasthan, Madhya Pradesh, Bihar, Orissa, Jharkhand, West Bengal and Chhattisgarh. Solar energy products supplier, SunSource Energy Pvt Ltd has raised an undisclosed amount from the Neev Fund, which is a joint venture between SBI […] Read more
Hyundai Electric Earns $18.5 Mn Solar Power Deal in South Korea Updated On Tue, Feb 13th, 2018 by Saurenergy As per the agreement, Hyundai Electric would be in charge of engineering, procurement and construction and Korea East-West Power of purchasing renewable energy certificates to meet government regulations. Hyundai Electric & Energy Systems Co. has earned $18.5 million solar power order with its design to brighten up the streets of Yeoju, a city southeast of […] Read more
Sealdah Railway Station to be Solar-Powered Soon Updated On Thu, Feb 8th, 2018 by Saurenergy Eastern Railways has come up with a unique solar project with the twin objectives of promoting the causes of clean energy and bringing down cost through energy efficiency. Sealdah Railway Station, one of the busiest railway terminals in the country started in 1869 under the Eastern Railway, will soon be solar-powered. Eastern Railways has come […] Read more
Switch Announces Largest Solar Project in the United States Updated On Thu, Feb 8th, 2018 by Saurenergy Switch CEO and Founder Rob Roy’s Gigawatt 1 solar project will be built in Northern and Southern Nevada. Switch, a Nevada-based datacenter conglomerate, has announced the construction of the single largest solar project portfolio in the United States. Switch CEO and Founder Rob Roy’s Gigawatt 1 solar project will be built in Northern and Southern […] Read more
LONGi Solar to Set up 1GW Mono Module Manufacturing Facility in India Updated On Tue, Feb 6th, 2018 by Saurenergy LONGi will invest $309 million, including about $240 million in construction investment and roughly $68 million in working capital, to double the capacity of its cell and module factory in Andhra Pradesh from 500MW to 1GW respectively. LONGi Solar, the world’s leading manufacturer of mono cells and modules, has announced plans to expand its solar […] Read more
India Need At Least $125 Bn Fund To Achieve Its Renewable Goal Updated On Thu, Jan 18th, 2018 by Saurenergy In 2015, India said speculation of $100 billion in the seven years to 2022 would be expected to meet its sustainable power source objectives. India will require at any rate $125 billion to subsidize its aspiring arrangement to expand the offer of sustainable power supply in the nation’s matrix by 2022, an imminent government official […] Read more
Investing Renewables Infesting Fossils Updated On Mon, Jan 15th, 2018 by Saurenergy Renewable Energy Sector as a Future Investment Model With increasing technological advancements, renewable energies are having a significant impact. Renewable energy is becoming increasingly viable, a trend that could potentially be a game-changer for investors, particularly large scale, global investors. The International Energy Agency projected that renewable energy will continue to grow by 42 percent […] Read more
A State Model for Development: Inclusion of Solar in Building Bye-Laws Updated On Thu, Jan 11th, 2018 by Saurenergy The inextricable connection between state policies and development is well defined. Make in India is known to have made a tremendous inroads in invigorating the manufacturing sector. The FDI inflows reached record high levels and GDP growth rate touched the 7.5% mark. In the past few months, metrics to quantify results of state policies reverberated […] Read more
