Global Solar Sector Attracts US$160 billion Investment in 2015 – BNEF Report Updated On Fri, Jan 15th, 2016 by Saurenergy In 2015 the Global investment in solar sector reached a record US$161.5 billion off the back of 57GW of PV installations, more startling than the growth figures is that this commitment to renewables has continued to ratchet up while fossil fuel prices have plummeted. Oil prices have more than halved in two year. According to […] 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
Russian Agency Assist to Establish Massive Solar Plants in India Updated On Thu, Jan 7th, 2016 by Saurenergy The Russian Energy Agency (REA) and Solar Energy Corp. of India (SECI) plans to team up on few substantial scales Solar PV plants in India by 2022. The two entities signed a Memorandum of Understanding (MoU) on December 24, plotting the terms of the partnership. According to sources, one of its objectives will be to […] 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
DMRC Inks MoU with SECI To Augment Solar Venture Updated On Wed, Dec 23rd, 2015 by Saurenergy The Delhi Metro Rail Corporation (DMRC) and the Solar Energy Corporation of India (SECI) will now mutually work together on taking up an ‘off site’ solar power venture, to augment the utilization of renewable energy, alleviate the effect of standard increment in grid tariffs and to decrease the carbon foot prints. A Memorandum of […] Read more
SunEdison Identifies Indian Firm for $2 Billion Solar Project Updated On Wed, Dec 23rd, 2015 by Saurenergy In a major support to Indian Govt’s ‘Make in India’ initiative, US based renewables major SunEdison Inc is hoping to invest upto $2 billion (INR 13,200 Crore) in the following year in a polysilicon producing facility in India. It is utilizing feedstock material as a part for its most solar power applications. The company is […] Read more
Massive Solar Venture of 2000MW to Ground on Telangana Updated On Mon, Dec 21st, 2015 by Saurenergy The newly formed state of South India – Telangana is ready to lift off a large Solar Venture and resolve to produce an incredible 2000MW of power through this venture, said Managing Director of Telangana State New and Renewable Energy Development Corporation (TNREDCL) C. Srinivas Rao. He further added that the Govt. has also arranged […] Read more
$100 Million Manufacturing Units Enters Karnataka Updated On Mon, Dec 14th, 2015 by Saurenergy US based Triton Solar has conferred a venture of $100 million to set up a nanotechnology-powered solar panel assembling in Karnataka. The concurrence was endorsed between Karnataka’s Addl. Chief Secretary (commerce and industries) K Ratna Prabha and Triton Solar Founder / CEO Himanshu B Patel in New York recently. The New Jersey-based Triton Solar produced […] Read more
Gamesa Electric Bags the Biggest Solar Project in Honduras Updated On Sat, Dec 12th, 2015 by Saurenergy Gamesa Electric claims to receive the biggest Solar PV project in Honduras. The operations will comprise a supply of Solar Power Stations and Control for a 53,31MWp project. In this operation, Gamesa Electric strengthens its vicinity in LATAM, with another supply contract in a nation in its first advancement stages for PV renewable energy and […] Read more
