GCC Solar Equipment Market to Reach $8.8 Billion by 2022 – Increased Focus on Renewable Sources – Research and Markets Updated On Thu, Dec 22nd, 2016 by Saurenergy Research and Markets has announced the addition of the “GCC Solar Equipment Market (2016-2022): Market Forecast by Types, Countries and Competitive Landscape“ report to their offering. Growing energy requirements, infrastructure development, decrease in global oil prices along with the increased focus on renewable sources especially solar energy are some of the key factors that would spur the demand […] Read more
Bhageria Industries updates on financial tie up for 30 MW Solar Power Project Updated On Thu, Dec 22nd, 2016 by Saurenergy Bhageria Industries Ltd. has informed BSE that the Company has competed the financial tie up of a loan of Rs. 95 Crores from Export Import Bank of India (EXIM Bank Ltd) on the terms and conditions as per their sanction letter dated December 06, 2016 and approved by the Board of Directors at its meeting […] Read more
India to invest $1.8 Billion on Lines to Transmit Solar Power Updated On Thu, Dec 22nd, 2016 by Saurenergy India will invest Rs 127 billion on lines to transmit power from solar parks to enable Prime Minister Narendra Modi’s goal of boosting clean energy capacity to 175 gigawatts by 2022. The dedicated transmission lines, part of the so-called green corridor project was announced at an event ‘Empowering the Grid to meet Future Challenges’ organized […] Read more
Adani, Azure wins 100 MW Grid-Connected Solar tender at Ananthapuramu Solar Park Under DCR Updated On Thu, Dec 22nd, 2016 by Saurenergy Adani and Azure Power has bagged 50MW solar capacity tender each in the state of Andhra Pradesh reports consultancy firm Mercom Capital Group. Solar Energy Corporation of India (SECI) auctioned 100 MW of grid-connected solar under the domestic content requirement (DCR) category at Ananthapuramu solar park in Andhra Pradesh. Under the DCR it is mandatory […] Read more
NDB signs first loan agreement for financing Shanghai Lingang distributed solar power project Updated On Thu, Dec 22nd, 2016 by Saurenergy The People’s Republic of China and the New Development Bank signed a Loan Agreement approving the provision of RMB (CNY) 525 million (INR 512 million/ USD 75 million) sovereign project loan for the Bank’s first project in China – Shanghai Lingang Distributed Solar Power Project. The Loan Agreement was signed by Mr. Shi Yaobin, Vice […] Read more
RINL Commissions 5MW Grid-Connected Solar at Vishakhapatnam Steel Plant premises in Vizag Updated On Thu, Dec 22nd, 2016 by Saurenergy The corporate entity of Visakhapatnam Steel Plant, Rashtriya Ispat Nigam (RINL) has commissioned 5 MW of grid-connected solar at the Vishakhapatnam Steel Plant premises in Vizag reports Marcom Capital. The research firm notes that the projects were developed on a Build Own Operate (BOO) basis at a cost of about Rs.330 million ($4.86 million). A […] Read more
Fronius Solar to introduce new products at its 25th anniversary in 2017 Updated On Wed, Dec 21st, 2016 by Saurenergy The Fronius Solar Energy Division is gearing up to celebrate its 25th anniversary in 2017. To mark the occasion, the solar technology supplier will expand its product portfolio; new additions in the product portfolio will include intelligent additional options in the Fronius Solar.web online portal as well as module electronics solutions. In the coming year, […] Read more
LG CNS bags contract for 55MW Yamaguchi Shin Mine Solar Power Project in Japan Updated On Wed, Dec 21st, 2016 by Saurenergy LG CNS has announced that it will construct a 55 Megawatt solar power plant in Shin Mine of Yamaguchi prefecture, Japan. The project amounts to approx. KRW 170 billion in size with the cost of construction and operation combined, and it will last about 18 months with the goal of commencing commercial operation in May […] Read more
Zero Carbon Corporation and NYCEEC Work Together to Develop Innovative Solar Loan Model for Co-ops and Condos Updated On Wed, Dec 21st, 2016 by Saurenergy Zero Carbon Corporation and the New York City Energy Efficiency Corporation (NYCEEC) are pleased to announce their successful effort to structure and deploy a new solar loan product for housing co-ops and condominiums. This new financing model allows co-ops and condos to install rooftop solar PV systems with no cash out of pocket, expanding opportunities […] Read more