ReNew Power to Invest Rs 8k cr in UP to Set Up 1,200 MW Renewable Capacity Updated On Thu, Feb 22nd, 2018 by Saurenergy The move will create 12,000 jobs in the state, including direct employment for 5,500 people and indirect employment for 6,500 people, to facilitate development of 1200 MW of renewable energy installed capacity in the state. ReNew Power Ventures has signed a Memorandum of Understanding (MOU) with the Uttar Pradesh (UP) government to invest Rs 8,000 crore for 1,200 […] Read more
Renew Power Signs MoU with Maharashtra Govt for Rs 14K Cr Investment Updated On Tue, Feb 20th, 2018 by Saurenergy As per reports, a Memorandum of Understanding (MoU) was signed at the three-day investment summit “Magnetic Maharashtra: Convergence 2018” held in the financial capital of the country. In a significant development, Indian renewable energy company ReNew Power has said it has signed a pact with the Government of Maharashtra to facilitate a proposed investment […] Read more
Global Concentrated Photovoltaic (CPV) Market Analysis to 2025: Market is Expected to Reach USD 6.35 Billion Updated On Mon, Feb 19th, 2018 by Saurenergy The global concentrated photovoltaic (CPV) market is expected to reach USD 6.35 billion by 2025 at a 10.1 percent. Demand for concentrated photovoltaic is anticipated to register rapid growth owing to its ability to harness solar energy in areas with no space constraints. CPV technology is yet to gain worldwide acceptance and manufacturers are constantly […] Read more
Gigawatt of Storage in 2018? Updated On Mon, Feb 19th, 2018 by Saurenergy From a Gigawatt dream storing capacity to watt-hour storage, through decades the glorified history of technology is meekly stored with the wonk of storage development. The interdependency to make solar power modus operandi is the associated technology which can store the continuous flow of electricity and deliver it diligently on the time of respective requirement. […] Read more
PSEG Acquires North Carolina PV Project from BayWa r.e. Updated On Fri, Feb 9th, 2018 by Saurenergy PSEG Solar Source completed the acquisition of the project from BayWa r.e. on Dec. 13, 2017. PSEG Solar Source, a subsidiary of PSEG Power, has acquired a 7 MW-dc solar energy facility from BayWa r.e. for an investment of about $10 million. The PSEG Halifax Solar Energy Center which began operations Dec. 21, 2017, has […] Read more
LONGi Plans to Triple its Wafer Capacity to 45GW by 2020 Updated On Fri, Feb 9th, 2018 by Saurenergy In its strategic 3-year plan, LONGi showcased its phased approach for the steady expansion of its production capacity of monocrystalline silicon wafers. LONGi Green Energy Technology has announced its strategic 3-year plan for its monocrystalline wafer business for the period from 2018 to 2020. In order to accelerate the progress of the PV industry, and […] Read more
Why a Performance Guarantee is Guaranteed Underperformance Updated On Thu, Feb 8th, 2018 by Saurenergy Sorrebh Samdani, Applications Engineering Manager at infiswift Many in the solar industry view the performance guarantee as an assurance that PV projects will produce the maximum amount of energy. While the performance guarantee does ensure that a PV project will produce above a minimum threshold, it does not ensure that it will perform to its […] Read more
Budget 2018: Smart Cities Mission Gets Hike of 50 Percent Updated On Fri, Feb 2nd, 2018 by Saurenergy 99 smart cities have been selected with an outlay of Rs 2.04 lakh crore. These cities have started implementing the smart cities mission and about Rs 2,350 crore worth of projects have already been completed. Finance Minister Arun Jaitley in the Budget 2018 has proposed an over 50 percent increase in the allocation for smart cities […] Read more
Domestic Manufacturers Hoping of a Favorable Budget 2018 Updated On Thu, Feb 1st, 2018 by Saurenergy Currently, importing machinery and manufacturing equipment incur a heavy duty, compared to the duty-free import of finished products like Solar PV modules. As the administration keeps on the significance of the expanded appropriation of the sustainable power source, the power area seeks after a truly necessary push to domestic equipment manufacturers in the current year’s Union Budget. […] Read more
