HDFC Ergo Designs Solar Energy Shortfall Insurance Policy to Cover Losses Updated On Wed, Dec 6th, 2017 by Saurenergy HDFC Ergo has designed the policy to provide insurance against losses arising out of nontraditional and non-physical damage related risks that solar projects face. In a significant development, HDFC Ergo General Insurance Company has designed a solar energy shortfall insurance policy to insure bidders against the likely loss of business if the generation doesn’t meet […] Read more
Yogi Adityanath Govt Approves Solar Energy Policy to Generate 10,700 MW Green Power Updated On Wed, Dec 6th, 2017 by Saurenergy The Uttar Pradesh government has approved new Solar Energy Policy-2017 that aims to generate 10,700MW electricity through solar panels. The Yogi Adityanath Government has given nod to a new Solar Energy Policy-2017 which would be effective for five years until 2022. Under the new policy, 10,000 surya mitras will be appointed in the state. According […] Read more
Solarhome Installs 1000 Solar Energy Systems In Rural Myanmar Updated On Mon, Dec 4th, 2017 by Saurenergy Singapore-based SolarHome installs integrated solar energy and appliance units in customers’ homes. Singapore-headquartered Off-grid PV provider SolarHome has installed 1000 Pay-As-You-Go (PAYG) solar energy systems in rural Myanmar. According to the company statement, the firm is growing rapidly having recently closed a pre-Series A round of equity funding led by Uberis Capital and debt funding […] Read more
Enphase Energy Opens its First Research and Development Center in India Updated On Mon, Dec 4th, 2017 by Saurenergy India has a mature Research and Development ecosystem that includes many renewable energy companies with more than 20 years of business in the region. Enphase Energy has announced the opening of its first Research and Development center in Bangalore, India to establish a best-in-class technology development center. India is powering the growth of solar […] 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
Su-Kam Organizes Solar Energy Meet with 50 Stakeholders in Lucknow Updated On Sat, Dec 2nd, 2017 by Saurenergy Over 50 stakeholders converge at Lucknow to deliberate on solar energy roadmap Su-Kam, a leading company in power back- up and solar solutions organized a meet with 50 stakeholders in the solar segment at Lucknow to deliberate on India’s renewable energy roadmap. The meet also showcased latest technologies in the solar segment catering to the […] Read more
Companies Spend Just 6 Percent of CSR Fund on Clean Energy: Report Updated On Wed, Nov 29th, 2017 by Saurenergy Key findings of the report showcase that while Corporate Social Responsibility (CSR) programmes in education, sanitation or skills and livelihood have seen a dramatic increase, while it remain low for clean energy and energy access. A report released by Samhita Social Ventures showcases that Indian companies are spending a mere 6 percent of their CSR […] Read more
Canadian Solar to Build 367 MW Solar Projects in Mexican Energy Auction Updated On Tue, Nov 28th, 2017 by Saurenergy Canadian Solar will develop and build three projects, totaling 367 MW in Mexico’s third Long-term Auction for renewables held on Nov. 15 Canadian Solar Inc. has announced that it won 367 MW of solar power projects in Aguascalientes, Hermosillo and Obregón, Mexico, in the country’s third Long-term Auction for renewables held on Nov. 15. Canadian […] Read more
$205 Million Raised, As The Year’s Third Largest Funding By New Energy Solar As IPO Updated On Tue, Nov 28th, 2017 by Saurenergy At the median share range of $1.50 per share between $1.45 and $1.55 the book was closed totaling to $205 million. The amount of $205 million at $1.5 per share has been raised by renewable energy investor New Energy Solar as per their Initial Public Offering (IPO) by Morgan Stanley and Evans and Partners. Bookrunner […] Read more