Solar Powered Boat Service to Commence from January 12 in Kerala Updated On Wed, Dec 21st, 2016 by Saurenergy Kerala will script a new chapter in its transport sector when a solar powered boat will start its first service from Vaikom in Kottayam district, about 180 Kms from here, on January 12. State Transport Minister A K Saseendran said, ‘‘The solar powered boat would conduct its first service with 75 passengers on January 12 […] Read more
Aruna Sharma inaugurates 5MW solar plant in Visakhapatnam Updated On Wed, Dec 21st, 2016 by Saurenergy Dr. Aruna Sharma, Secretary Steel has inaugurated the 5 MW Solar Plant installed by RINL at a cost of Rs.33 crores in the presence of Shri P Madhusudan, CMD, RINL, Smt Urvilla Khati, Joint Secretary, Ministry of Steel and Directors of RINL in Vishakhapatnam. RINL has joined other major corporates in harnessing solar power with […] Read more
Azure Power announces successful installation and operation of its rooftop solar power plant for DMRC Updated On Wed, Dec 21st, 2016 by Saurenergy Azure Power has announced the successful installation and operation of its rooftop solar power plant for Delhi Metro Rail Corporation (DMRC) at the Sultanpur facility. This is the first phase of a 14 MW allocation by DMRC to Azure Power, one of the largest by DMRC to a solar power developer. The tariff on the […] Read more
Thin Film Solar Cells Market Size to Exceed $30bn by 2024: Global Market Insights Updated On Tue, Dec 20th, 2016 by Saurenergy Global Market Insights forecasts the thin film solar cells market size to exceed USD 30 billion by 2024. The research firm notes that strong concerns towards fossil fuel depletion with stringent regulations to reduce greenhouse gas emission will drive global thin film solar cells market share. Financial incentives including tax rebate, subsidies, net metering, FIT, […] Read more
sPower Connects its Largest Solar Project to the Grid Updated On Tue, Dec 20th, 2016 by Saurenergy sPower and the California Department of Water Resources (DWR) has announced commencement of commercial operations of the 107 megawatt (MWdc) Solverde 1 solar farm. The project is located in the City of Lancaster, Calif., in northern LA County. sPower installed more than 330,000 solar modules with a peak construction crew of 250 plus workers. The […] Read more
First Funding agreement signed for ARENA’s program to accelerate the rollout of big solar projects Updated On Tue, Dec 20th, 2016 by Saurenergy Australian Renewable Energy Agency’s program to drive down the cost and accelerate the rollout of big solar projects has just seen the first funding agreement signed. The new agreement commits up to $8.9 million of ARENA funding towards Genex’s $126 million Kidston Solar Project in North Queensland. ARENA CEO Ivor Frischknecht said the Kidston project was […] Read more
With 2017 approaching, India aspires to become the fastest growing solar market in the world Updated On Tue, Dec 20th, 2016 by Saurenergy As the 2017 knocks at the door, it is worth taking a look at the Indian solar sector to analyze key the trends, challenges and outlook. Key highlights include record project volumes – both for capacity addition and issue of new tenders, improving power Distribution Company (DISCOM) financial position as a result of UDAY scheme, […] Read more
8point3 Energy Partners Declares 3.5 Percent Increase in Quarterly Distribution Updated On Tue, Dec 20th, 2016 by Saurenergy 8point3 Energy Partners announces that the Board of Directors of its general partner declared a cash distribution for its Class A shares of $0.2490 per share for the fourth quarter of 2016. This represents an increase of approximately 18.7 percent over the minimum quarterly distribution and an increase of 3.5 percent over the previous quarter’s […] Read more
Canadian Solar Secures USD 62.8 million Refinancing For 50 Megawatts Solar Power Projects Updated On Mon, Dec 19th, 2016 by Saurenergy Canadian Solar has secured GBP 49.3 million (US$62.8 million) non-recourse term loan facilities to refinance a portfolio of 10 solar power plants, with total capacity of 50 megawatts in the United Kingdom. National Westminster Bank (NatWest), a subsidiary of RBS Group, is providing the 18.7-year term facility. Part of the proceeds will be used to […] Read more
