India committed to promote International Solar Alliance, says Goyal Updated On Fri, Oct 7th, 2016 by Saurenergy Terming Prime Minister Narendra Modi’s International Solar Alliance (ISA) initiative as a unique implementation-focused alliance, Union Power Minister Piyush Goyal said the 3P model of Partnerships, Programmes and Planning will be the key to achieve this. Speaking at the ‘SWITCH’ Electrical Show here, Union Power Minister mentioned, “An idea then, ISA has now transformed into […] Read more
Western Union to make solar power available to residents in Jharkhand’s villages Updated On Thu, Oct 6th, 2016 by Saurenergy The Western Union is aims to light up 15 more remote villages in India this Diwali with solar power. Western Union with The Energy and Resources Institute (TERI) will make solar-panel powered electricity available to residents in Jharkhand’s villages. The company announced that it will contribute up to Rs.100 for each transaction received from the […] Read more
REC develops formula and process to mass produce multicrystalline solar cells Updated On Thu, Oct 6th, 2016 by Saurenergy REC, a fully integrated European brand of solar photovoltaic (PV) panels with operational HQ in Singapore announces that the company has developed a formula and process to mass produce multi-crystalline solar photovoltaic (PV) cells with efficiencies above 20%. This achievement is attributed to improvements made at all steps – from silicon to cell production. A […] Read more
Rail Minister Suresh Prabhu Flags Off Newly Manufactured Solar Powered Guard Van of Goods Train Updated On Thu, Oct 6th, 2016 by Saurenergy Minister of Railways Suresh Prabhakar Prabhu on Wednesday inspected and flagged off the newly manufactured solar powered Guard Van of Goods (Freight) Train at Delhi Safdarjung Railway Station. The new Guard Van is equipped with Solar powered Light, Fan, Mobile Charging Point along with the facility of Zero discharge Bio Toilet.. Speaking on the occasion […] Read more
ABB to install solar based micro grid at Vadodara facility Updated On Wed, Oct 5th, 2016 by Saurenergy ABB has announced that it will install a fully integrated and standardized micro-grid at its Vadodara facility in Gujarat, India to help boost renewable energy generation while reducing dependency on fossil fuel. This micro-grid, with a rooftop photo voltaic field at the company’s biggest manufacturing location in India with around 3,000 employees, will help ensure […] Read more
IHS Markit expects global energy storage inverter shipments slated for solid growth Updated On Wed, Oct 5th, 2016 by Saurenergy As the energy storage market rises, and as prices for storage continues to fall, more than 900 MW of energy storage grid-tied inverters were shipped globally in 2015. The global energy storage inverter shipment is forecast to surge at a compound annual growth rate of 38 percent, to 4.5 GW in 2020, according to IHS […] Read more
NTPC to expand its target of setting up 10 GW of solar capacity: Report Updated On Tue, Oct 4th, 2016 by Saurenergy NTPC Ltd. is reportedly expanding its solar energy target and slowing down development of coal-based plants. According to Bloomberg, NTPC will expand its target of setting up 10 GW solar capacity. Chairman Gurdeep Singh speaking to publication said that NTPC will also support building 15GW of solar capacity by buying power from producers and selling […] Read more
Asian Development Bank to allocate 500 million dollars loan for putting up solar rooftops in India Updated On Tue, Oct 4th, 2016 by Saurenergy The Asian Development Bank (ADB) is set to provide $500 million in financing for rooftop solar systems that will help the Indian government expand energy access using renewable energy. ADB will provide the financing to Punjab National Bank – one of India’s largest commercial banks – which will use the ADB funds to make loans […] Read more
Azure Power Ties up with Overseas Private Investment Corporation (OPIC) Updated On Tue, Oct 4th, 2016 by Saurenergy Azure Power has announced that it has partnered with U.S. Government’s development finance institution- Overseas Private Investment Corporation (OPIC) for long-term low-cost debt financing facility of USD 20 million for 15 years at a cost of capital of 4.74%. The company will utilize the load to construct 19 MW new solar rooftop projects across multiple […] Read more
