State Bank of India Floats Fund for Solar Power Projects Updated On Tue, Oct 31st, 2017 by Saurenergy SBI has funded 43 rooftop solar power projects with the capacity of 475MW by availing line of credit from World Bank. State Bank of India has signed an agreement with seven companies for funding rooftop solar power projects. The seven companies include Adani Group, JSW Energy, Hinduja Renewables, Tata Renewables Energy, Azure Power, Cleantech Solar […] Read more
Scatec Solar Closes Financing for 400MW Solar PV Plant in Egypt Updated On Mon, Oct 30th, 2017 by Saurenergy The six solar PV projects totaling 400MW involving a total investment of USD 450 million are located in the Benban solar park in Aswan in Upper Egypt. Scatec Solar ASA (SSO) and partners have achieved financial close for six solar PV power plants in Egypt totaling 400 MW. A consortium of international Development Finance Institutions […] Read more
United States Decision on Paris Doesn’t Matter For Renewable Growth: Fitch Ratings Updated On Mon, Oct 30th, 2017 by Saurenergy Fitch Ratings predicts that power generation from renewable resources has nearly quadrupled in the last decade and expanded more than six times to 770GW at the end of last year. The United States plan to withdraw from the multilateral Paris climate agreement doesn’t matter for the pace of growth for renewables globally, as mentioned in […] Read more
Grid Management – Re-Balancing Power Generation Updated On Thu, Oct 26th, 2017 by Saurenergy Power sector in India has witnessed tremendous growth in its energy demand, generation capacity, transmission and distribution networks. Renewable energy generation in India has been steadily on rise. With 175GW target of clean energy, it became necessary to have a grid that was highly adaptive (in terms of supply and demand). A good electric supply […] Read more
Sungrow Energy Storage System Garnered Wide Attention in All-Energy 2017 Updated On Mon, Oct 23rd, 2017 by Saurenergy The residential ESS which consists of 5Kw (SH5K) hybrid inverter and 4.8kWh (SBP4K8) battery pack was displayed during the show. Sungrow, the global leading inverter solution supplier for renewables, presents its commercial, utility-scale and residential energy storage system (ESS) in ALL-Energy 2017, the most popular clean energy exhibition in Australia. Sungrow ESS, on show at […] Read more
Key technology trends shaping the Global Solar Industry Updated On Mon, Oct 23rd, 2017 by Saurenergy Innovation in Finance When asked about the direction of innovation in financing for clean energy Manish Chaurasia, Managing Director, Tata Cleantech Capital Ltd. (TCCL) said, there is a lot of innovation happening in clean energy financing on a global scale. From securitization of assets to setting up of yield to monetize and plough back capital, […] Read more
PERSPECTIVE Updated On Mon, Oct 23rd, 2017 by Saurenergy The government of India has set an ambitious target of 175 GW of renewable power installed capacity by the end of 2022, of which 58 GW has been installed so far. The Indian solar market added 1,869 MW in the second quarter of 2017, bringing installations in the first half of the year to 4,765 […] Read more
RelyOn Solar Tour Unfolds Many Stories in One Book Updated On Mon, Oct 23rd, 2017 by Saurenergy India has been the soil of many revolutions, today India is marking its socio-economic disposition across the globe. It is worth to mention that India’s is the protagonist in playing the successful lead green role for the world. India can be called as a collective name which has many copious home-grown companies who are propelling […] Read more
Renewable Equipment Prices Expected to Fall Further: R K Singh Updated On Fri, Oct 13th, 2017 by Saurenergy The per capita consumption of energy is about one 6th of Europe and one 12th of USA. Energy consumption is not going to double or triple but it will be over four times. That is how the rate of growth of energy consumption will be in India. Exuding confidence that energy consumption will rise over […] Read more