Saudi Arabia to Establish $51.22 Million Solar Plant in Bangladesh Updated On Thu, Dec 14th, 2017 by Saurenergy The solar power plant is expected to produce 40MW to 100 MW of power in Bangladesh and will be completed within six months. Saudi Arabia has signed solar power agreement in Dhaka to set up $51.22 Million solar plant in Bangladesh. The agreement was signed between the Federation of Bangladesh Chambers of Commerce and Industry […] Read more
Solar Panel Warranty Insurance Policy Introduced by ICICI Lombard Updated On Wed, Dec 13th, 2017 by Saurenergy The park developers and park owner will be the sole beneficiary as insured, which the Solar Panel Warranty Insurance aims to cater at large. Solar park developers can now be covered by ICICI Lombard General Insurance, the company recently announced. While announcing the company stated “The standalone insurance product gives comfort to lenders and investors […] Read more
INDIA Marches Ahead Updated On Wed, Dec 13th, 2017 by Saurenergy As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […] Read more
Mumbai Temple Harnesses Solar Power to Reduce Annual Power Bills By 40 Percent Updated On Wed, Dec 13th, 2017 by Saurenergy The prominent Manas Mandir derasar in Shahapur has installed solar rooftop panels that will reduce pollution and save 40 percent of its annual cost of electricity. Many Mosques and temples in several parts of India have started to harness electricity from renewable energy sources. This time, the prominent temple in Mumbai, Manas Mandir derasar in […] Read more
African Development Bank Grants $265M Loan for Two Solar Power Plants Updated On Tue, Dec 12th, 2017 by Saurenergy The bank has committed $265 million for Morocco where two solar power plants named NOORM I and NOORM II with a combined capacity of 800MW The African Development Bank (AFDB) has approved $324 million loan for two renewable energy projects in Africa. The Bank has set aside US$265 million for two solar power plants named […] Read more
Solar Utilities Network to be Launched in Feb 2018 Updated On Mon, Dec 11th, 2017 by Saurenergy The Solar Utilities Network will promote a network of expertise and provide a platform for knowledge exchange for those in the solar and renewable energy sectors. Gulf Industry Fair 2018, the Northern Gulf’s leading business-to-business industrial show, is set to launch a new initiative for the renewable energy sector next year – The Solar Utilities […] Read more
Sinacon PV Central Inverters Launched in India by Siemens India Updated On Thu, Dec 7th, 2017 by Saurenergy A solar PV inverter converts the variable direct current (DC) output of a photovoltaic solar panel into a utility frequency alternating current (AC). Siemens India launched with Sinacon PV a new generation of photovoltaic (PV) central inverters with an output up to 5,000 kVA. The inverter is part of the Siemens new electrical Balance of […] Read more
Trina to Invest $500 Million in Indian Solar Industry Updated On Mon, Dec 4th, 2017 by Saurenergy The company has purchased a land near Visakhapatnam to set up a manufacturing plant to produce solar cells and module of capacity of more than 1GW in 2015. The world’s largest solar panel developer, Trina Solar is vying to pump in $500 million of investments in India if the profits are in favor. The […] Read more
Clean Energy Can Become India’s Sustainability Model For World: Sweden Updated On Sat, Dec 2nd, 2017 by Saurenergy Lars Ronnas, Swedish Ambassador for Climate Change, asserted that there are “very strong interests” in his country for bilateral cooperation in this field. India has the “intellectual capacity” and potential to be a model for the rest of the world in tackling environmental issues, especially through the use of renewable energy sources, Sweden’s envoy for […] Read more