Global PV inverter shipments to reach 90GW and value more than $7.1 billion by 2020: GTM Research Updated On Fri, Jun 17th, 2016 by Saurenergy GTM Research in its latest report, The Global PV Inverter and MLPE Landscape 2016 revealed that global shipments of solar PV inverters will reach 90 gigawatts (AC) by 2020. This represents an average annual growth rate of 11 percent between 2016 and 2020. The report states that of the 59.7 gigawatts shipped in 2015, 66 […] Read more
RECOM partners with WEDIS Group for 10MW photovoltaic plant in Fuerstenwalde, Germany Updated On Wed, Jun 15th, 2016 by Saurenergy RECOM announces the construction of a 10MW photovoltaic plant in Fuerstenwalde, Germany. The company has partnered with investment group WEDIS Group AG and is providing bridge financing for the construction of the entire project, which began this month. Over 35,000 of RECOM’s Black Panther 285 mono high efficiency panels will be installed and are expected to produce approximately 10,000 MWh/year of energy from the […] Read more
US and India announces creation of a $20 million USICEF initiative Updated On Wed, Jun 8th, 2016 by Saurenergy The United States welcomed the launch of the International Solar Alliance (ISA), recognizes the critical role it can play in the development and deployment of solar power, and intends pursuing membership in the ISA. To further strengthen ISA together, US and India will jointly launch the third Initiative of the ISA which will focus on […] Read more
Efforts & commitment of stakeholders made RE targets achievable: Piyush Goyal Updated On Wed, Jun 8th, 2016 by Saurenergy Piyush Goyal, Minister of State (IC) for Power, Coal and New & Renewable Energy at first National Workshop on Rooftop Solar Power felicitated the stakeholders. He said efforts & commitment of all stakeholders made Renewable Energy (RE) targets achievable. During the event Goyal gave away 41 awards to the best performing Ministries/Departments, State/UT Governments, State […] Read more
SoftBank’s investments in India to surpass $10 billion in 5-10 years Updated On Wed, Jun 1st, 2016 by Saurenergy Japanese telecom and Internet giant SoftBank has announced that its investments in the country will surpass USD 10 billion in 5-10 years. Chief Executive Masayoshi Son to PTI said SoftBank will make its first USD 350 million investment in a solar project in India and expand in next 5-10 years, probably around USD 10 billion. […] Read more
Smit inks deal with CTIEC for the delivery of multiple core process tools Updated On Fri, May 27th, 2016 by Saurenergy Thin-film manufacturing equipment supplier Smit Thermal Solutions at SNEC 2016 has signed a contract with China Triumph International Engineering Co (CTIEC) for the delivery of multiple core process tools for their 100MW CdTe Project in Chengdu. The agreement was officially concluded during an equipment signing ceremony arranged at the SNEC in China. CTIEC is a […] Read more
OCI to develop 1 GW photovoltaic power plants in China and India by 2018: Report Updated On Wed, May 25th, 2016 by Saurenergy OCI Global Ltd. is reportedly planning to develop about 1 gigawatt of photovoltaic power plants in China and India by 2018. The company will be investing USD 400 million for the projects, while rest of the investment will come from elsewhere said Pranab Kumar Sarmah, unit’s chief investment officer in an interview to Bloomberg in […] Read more
MNRE sets target for Commercial & Industrial sector for FY 2016-17 Updated On Fri, May 20th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) is implementing a Grid connected Rooftop and Small Solar Power Plants Programme. The Government has set a target of 40,000 MWp of grid interactive rooftop solar (RTS) PV plants by 2022. These RTS plants will be set up in residential, commercial, industrial, institutional, Government/ PSU sectors ranging from […] Read more
PROINSO to expand operations in Indonesia Updated On Thu, May 19th, 2016 by Saurenergy PROINSO has announced that it will open a new operation in Indonesia’s West Java province. PROINSO will have distribution and integrated products available in Indonesia along with experienced local EPM division, PT. Surya Energi Indotama (SEI). A spokesperson for PROINSO said, “Indonesia is a market of major focus for PROINSO. With over 250 million people, […] Read more
