World Bank to grant additional 22.93 million dollars for solar projects in India Updated On Fri, Nov 18th, 2016 by Saurenergy The World Bank has facilitated an additional grant of 22.93 million dollars to India to further increase the installed grid-connected rooftop solar photovoltaic (GRPV) programme in the country. The add-on grant of 22.93 million dollars has been sanctioned under the Global Environment Facility (GEF), and will support the overall $625 million GRPV programme approved by […] Read more
Indian Railways to install 5GW of solar by 2025 in partnership with UNDP: Report Updated On Thu, Nov 17th, 2016 by Saurenergy Indian Railways is reportedly targeting to install 5GW of solar by 2025 in partnership with United Nations Development Programme (UNDP). PV Tech reports that Prodyut Mukherjee, national technical consultant, UNDP at his presentation at the International Conference on Decarbonisation of Indian Railways stated that the target will be realized using vacant Indian Railways land and […] Read more
Sunew announces the largest global use of 3rd generation solar energy Updated On Thu, Nov 17th, 2016 by Saurenergy SUNEW, a Brazilian company located in one of the principal poles of solar energy on the planet, just announced the largest global use of OPV (Organic Photovoltaic) technology, considered to be the third generation in solar energy, installed on the outside of a commercial building. OPV used on glass is capable of transforming sunlight into […] Read more
Vikram Solar and Indian Institute of Engineering Science and Technology ink MoU for R&D Updated On Wed, Nov 16th, 2016 by Saurenergy Vikram Solar on Wednesday announced that it has signed Memorandum of Understanding (MoU) with the Indian Institute of Engineering Science and Technology (IIEST). The announcement was made at the Rashtrapati Bhavan in the presence of President of India, Pranab Mukherjee at a Session on Industry-Academia Collaborations with CII. The agreement includes collaboration of both the organisations for the […] Read more
Vasari Energy Doubles Solar Project Development in Arizona to 140 MW Updated On Wed, Nov 16th, 2016 by Saurenergy Vasari Energy has announces the expansion of its utility-scale solar project in Maricopa County and Gild Bend, Arizona, doubling the company’s solar generating projects within the state, and increasing capacity from 68 MW to 140 MW. The California based energy provider plans to construct and operate a solar facility on the 900 acre development site which will connect the Arizona transmission grid “The Maricopa […] Read more
BUY or LEASE Your Solar panel system? Updated On Tue, Nov 15th, 2016 by Saurenergy Rooftop solar market in India is speculated to add new capacity of 700 MW in 2016 – 15% of total solar capacity addition this year. According to Bridge to India, the cumulative capacity crossed 1 GW by September and is growing at a sizzling 300% over last year. Ministry of Finance has reduced depreciation rate […] Read more
Why EPC are Treading in the Solar Race? Updated On Tue, Nov 15th, 2016 by Saurenergy Solar has taken the momentum with a cumulative installed grid connected solar power capacity reaching 8,062 MW (8.1 GW) as of 31 July 2016. The ecosystem seems stable as analyst asserts that the solar market in India is set to clan the billion-dollar space. Not much appalling on the WTO setback, Indian Solar manufacturing capabilities […] Read more
OPIC, ReNew Power enters into an agreement for 100 MW solar project in Telangana Updated On Tue, Nov 15th, 2016 by Saurenergy U.S. Government’s development finance institution, Overseas Private Investment Corporation (OPIC) has signed an agreement with ReNew of approximately $74 million for a 100 MW solar project in Telangana. Announced during the 22nd session of the United Nations Framework Convention on Climate Change Conference of Parties (COP22), this project is expected to diversify the country’s power […] Read more
Etrion to Sell Italian Solar Portfolio to Ultor Updated On Mon, Nov 14th, 2016 by Saurenergy Etrion Corporation has signed definitive sale and purchase agreement with Ultor S.p.A, a joint venture owned equally by Enel Green Power S.p.A. and Fondo Italiano per le Infrastrutture. Under the agreement Ultor will purchasing Etrion’s 60-megawatt (“MW”) Italian solar portfolio for initial cash consideration of Euro 78 million and the assumption of related project-level debt […] Read more
