ABB India signs MoU with IIT Madras to develop multi village microgrid models Updated On Fri, Nov 18th, 2016 by Saurenergy As part of the UAY scheme, ABB India and IIT Madras will collaborate to develop a power management system to optimize the operation of multiple micro-grids, with and without grid connection, while managing electricity supply to villages. This system will also enable the integration of individual solar PV rooftops to a village microgrid. The government […] Read more
Ameresco Commissions 5.3 MW Solar Project at Knox County Facilities Updated On Fri, Nov 18th, 2016 by Saurenergy Ameresco has announced the completion of a $12.45 million Energy Savings Performance Contract (ESPC). In the spring of 2015, Ameresco was selected by Knox County to install more than 5 megawatts (MW) of solar photovoltaic systems on the rooftops of 11 schools plus the Knox County Central Building, and ground-mount solar arrays at the Detention […] Read more
World Bank to grant additional 22.93 million dollars for solar projects in India Updated On Fri, Nov 18th, 2016 by Saurenergy The World Bank has facilitated an additional grant of 22.93 million dollars to India to further increase the installed grid-connected rooftop solar photovoltaic (GRPV) programme in the country. The add-on grant of 22.93 million dollars has been sanctioned under the Global Environment Facility (GEF), and will support the overall $625 million GRPV programme approved by […] Read more
3019 MW of Solar Energy Capacity Added in 2015-16: Piyush Goyal Updated On Fri, Nov 18th, 2016 by Saurenergy Power, Coal, New & Renewable Energy and Mines, Minister Piyush Goyal in Lok Sabha on Thursday said that a total of 3019 MW of solar energy capacity addition was recorded during the year 2015-16. The minister shared that World Bank has recently approved a total amount of US $ 625 million consisting of World Bank […] Read more
New York Auto Dealership Turns to Sun for Savings with Standard Solar Updated On Thu, Nov 17th, 2016 by Saurenergy Yonkers, NY-based auto dealer Smith Cairns Ford Lincoln Mazda Subaru is turning to solar to save on its energy bills. Working with leading solar energy company, Standard Solar, the dealer installed a 1,272 panel, 394 kilowatt (kW) solar photovoltaic (PV) system. In addition to the 253kW array on its rooftop, the system also features two […] Read more
Indian Railways to install 5GW of solar by 2025 in partnership with UNDP: Report Updated On Thu, Nov 17th, 2016 by Saurenergy Indian Railways is reportedly targeting to install 5GW of solar by 2025 in partnership with United Nations Development Programme (UNDP). PV Tech reports that Prodyut Mukherjee, national technical consultant, UNDP at his presentation at the International Conference on Decarbonisation of Indian Railways stated that the target will be realized using vacant Indian Railways land and […] Read more
National Energy Partners Secures $15 Million in Financing from Forum Equity Partners Updated On Thu, Nov 17th, 2016 by Saurenergy National Energy Partners (“NEP”) and Forum Equity Partners (“Forum”) announced that they had signed an agreement in which Forum will provide up to $15 million in growth financing for NEP, a leading developer of distributed Photovoltaic Solar Generation Systems for commercial and municipal customers. Under the agreement, Forum will provide development capital and construction equity […] Read more
BUY or LEASE Your Solar panel system? Updated On Tue, Nov 15th, 2016 by Saurenergy Rooftop solar market in India is speculated to add new capacity of 700 MW in 2016 – 15% of total solar capacity addition this year. According to Bridge to India, the cumulative capacity crossed 1 GW by September and is growing at a sizzling 300% over last year. Ministry of Finance has reduced depreciation rate […] Read more
MSEDCL does not have solar net meter: Report Updated On Tue, Nov 15th, 2016 by Saurenergy It’s been more than a year now since the Maharashtra government passed rooftop solar policy; still the Discoms in the state doesn’t have net meters claims a report. According to TOI, consumers in the state have to buy net meters from the open market paying from their pocket. Net metering is a billing mechanism, it […] Read more
