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
SolarCity raises USD 345 million from four partners to finance new solar projects Updated On Mon, Jul 18th, 2016 by Saurenergy SolarCity has raised $345 million in tax equity from four separate partners in June and July to finance new solar projects. The fund will cover capital cost of new equipment and installations and make it possible for customers to pay less for solar power than they for utility power. Beside the USD345 million in new […] Read more
Centre using VGF tool to woo states like West Bengal for its solar mission Updated On Sat, Jul 16th, 2016 by Saurenergy Centre is trying to woo states like West Bengal offering viability gap funding to put national solar mission on fast track. Ministry of New Renewable Energy (MNRE) joint Secretary Tarun Kapoor speaking to PTI said “We will offer viability gap funding to the state governments. We will give subsidy to bring down the tariff to […] Read more
France roars the Gigawatt Solar Capacity announces 20GW Solar Tenders Updated On Sat, Jul 16th, 2016 by Saurenergy Few years back, the mammoth Gigawatt(GW) stories were profoundly exciting for the solar sector. Now, it seems not a challenge but an amended pledge for every major economy to rejig the renewable transition. The French environment and energy minister Segolene Royal has lately announced a number of new solar tenders in France for the development of various […] Read more
Infineon acquires Wolfspeed for USD 850 million Updated On Fri, Jul 15th, 2016 by Saurenergy Infineon Technologies has entered into a definitive agreement to acquire the Wolfspeed Power and RF division (“Wolfspeed”) of Cree for USD 850 million. The deal also includes the related SiC wafer substrate business for power and RF power. This acquisition will enable Infineon to provide broadest offering in compound semiconductors, it will also reinforce the […] Read more
The residential solar market in the US to grow at a CAGR of 33.12% by 2020: Research and Markets Updated On Sat, Jul 9th, 2016 by Saurenergy Research and Markets has announced the addition of the “Residential Solar Market in the US 2016-2020” report to their offering. The research firm forecast the residential solar market in the US to grow at a CAGR of 33.12% during the period 2016-2020. The report covers the present scenario and the growth prospects of the residential […] Read more
IRPRI’s 4 Day Residential Training Programme concludes Updated On Sat, Jul 2nd, 2016 by Saurenergy IPPAI Regulatory & Policy Research Institute, with India Smart Grid Forum (ISGF) organized a four-day residential, training program on “Reducing Power Costs through Optimisation: A to Z of Power Trading; Mandatory Trading of RECs & ESCerts”.The training program that started on 29th June concluded today (2nd July) in IRPRI Resort, Belgundi, Belgaum, Karnataka. The course […] Read more
World Bank announces to provide more than $1 billion for India’s solar project Updated On Thu, Jun 30th, 2016 by Saurenergy The World Bank Group has signed an agreement with India led International Solar Alliance (ISA) to work together on increasing solar energy use around the world, with the goal of mobilizing $1 trillion in investments by 2030. The agreement was signed in the presence of Finance Minister Arun Jaitley, Power, Coal, New and Renewable Energy minister Piyush […] Read more
MNRE collaborates with KfW for floating solar projects in Maharashtra and Kerala Updated On Thu, Jun 30th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) in collaboration with Germany-based development bank KfW to set up two floating solar PV plants in the Maharashtra and Kerala. MNRE recently conducted a study to assess the potential of floating solar power in the country. Both the plants are estimated to cost around USD 46.15 million. “The KfW-funded […] Read more
