World Bank announces to provide more than $1 billion for India’s solar project Updated On Thu, Jun 30th, 2016 by Saurenergy The World Bank Group has signed an agreement with India led International Solar Alliance (ISA) to work together on increasing solar energy use around the world, with the goal of mobilizing $1 trillion in investments by 2030. The agreement was signed in the presence of Finance Minister Arun Jaitley, Power, Coal, New and Renewable Energy minister Piyush […] Read more
MNRE collaborates with KfW for floating solar projects in Maharashtra and Kerala Updated On Thu, Jun 30th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) in collaboration with Germany-based development bank KfW to set up two floating solar PV plants in the Maharashtra and Kerala. MNRE recently conducted a study to assess the potential of floating solar power in the country. Both the plants are estimated to cost around USD 46.15 million. “The KfW-funded […] Read more
SunPower’s four-megawatt solar power system is under construction at CSUF Updated On Wed, Jun 29th, 2016 by Saurenergy SunPower has announced that construction is underway on a four-megawatt SunPower solar power system at California State University, Fullerton (CSUF)’s three parking areas. The university will purchase the solar power from solar power system under a PPA that offers competitive rates. According to CSUF this will enable the university to offset over one-third of their peak electrical […] Read more
SolarCity announces Special Committee for Tesla Deal Updated On Tue, Jun 28th, 2016 by Saurenergy Just after the American electric car maker, Tesla proposed an acquisition deal with SolarCity – the solar panel manufacturer company has recently formed a special committee of just two directors to evaluate Tesla Motors $2.8 billion acquisition deal. SolarCity independent directors Donald Kendall and Nancy Pfund will serve on the committee. Kendall is the chief […] Read more
By 2019 we will be in a position to deliver modules with 18.6% efficiency: Sujoy Ghosh, Country Head, First Solar, India Updated On Sat, Jun 25th, 2016 by Saurenergy First Solar is one of the leading global providers of comprehensive photovoltaic (PV) solar systems. The company’s integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. In an interview with Sujoy Ghosh, Country Head, First Solar, India shares his views on the various initiatives taken by the Government and company’s […] Read more
Hartek Power to double its commissioned solar EPC projects to 500 MW by the end of current FY Updated On Sat, Jun 25th, 2016 by Saurenergy Hartek Power is reportedly planning to double its total commissioned solar engineering, procurement and construction (EPC) projects to 500 MW by the end of this FY. Speaking to ET Hartek Singh chairman of Hartek Power said completion of project on time is a major strength of solar power as compared to the duration that thermal […] Read more
India, UK to work together as R&D partners in Solar Energy and Nano Material Research Updated On Fri, Jun 24th, 2016 by Saurenergy India and UK have agreed to work together in two major initiatives in the fields of Solar Energy and Nano Material Research..Union Minister for Science & Technology and Earth Sciences, Dr. Harsh Vardhan announced about the initiative after the 5th Indo-UK Science and Innovation Council Meeting (SIC). SIC is the apex body which oversees the […] Read more
CLP India, Suzlon form JV for 100MW solar project in Telangana Updated On Tue, Jun 21st, 2016 by Saurenergy CLP India, one of the largest foreign investors in the Indian power sector, and Suzlon Group have formed joint venture for a 100 MW solar project at Veltoor in Telangana. As per the agreement signed between CLP India and Suzlon, CLP India acquired 49% stake in SE Solar, a special purpose vehicle (SPV) set-up by […] Read more
GTAT Corporation announces multiple orders for polysilicon equipment and technology Updated On Mon, Jun 20th, 2016 by Saurenergy U.S. polysilicon, solar and sapphire equipment maker and principal operating arm of GT Advanced Technologies group, GTAT Corporation (GT) has announced that it has received several new orders for polysilicon equipment and technology from customers in Asia since exiting Chapter 11 in March. New orders received by GTAT include its latest hydro-chlorination Fluid Bed Reactor […] Read more
