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
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
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
UPERC confers Dayalbagh Educational Institute with recognition for harnessing solar power Updated On Mon, Dec 19th, 2016 by Saurenergy The Dayalbagh Educational Institute (DEI) has received recognition from the Uttar Pradesh Electricity Regulatory Commission for its work in harnessing solar power and spreading awareness among students about saving energy. The university has been successful in meeting a major portion of its own electricity demand and distributes its surplus energy to local colonies in Dayalbagh. […] Read more
Global Solar Batteries Market Is Expected To Grow At A CAGR Of More Than 16% Through 2020: Technavio Updated On Mon, Dec 19th, 2016 by Saurenergy Technavio forecasts the global solar batteries market to grow at a CAGR of more than 16% through 2022 report. According to the research firm the telecom sector will be one of the major factors that will have a positive impact on the growth of the solar power batteries market in the coming years. With the growth of […] Read more
SPI Energy acquires 50% equity interest in two solar projects from Japan-based EastAsia Group Updated On Sat, Dec 17th, 2016 by Saurenergy SPI Energy has acquired 50% equity interest in two solar projects currently under construction with combined capacity of 3.98 MW, from Japan-based EastAsia Group Co., Ltd. The Projects are located approximately 50 kilometers east of Tokyo in Chiba Prefecture and each with capacity of 1.99 MW, are currently under construction. The Projects are under certain […] Read more
Launch scheme to provide jobs through solar project: Parliamentary panel Updated On Fri, Dec 16th, 2016 by Saurenergy A Parliamentary panel has asked the government to launch a scheme to set up solar power projects through qualified unemployed or under-employed youth, as assured by it on the floor of the House. “The implementation of the Assurance given in reply to unstarred question 1778 on March 5, 2015 regarding solar projects is of paramount […] Read more
