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
MNRE amends new guideline for selection of 3000 MW Grid connected solar PV power projects Updated On Sat, Oct 1st, 2016 by Saurenergy The Ministry of New and Renewable Energy has brought new amendment to the guideline for selection of 3000 MW Grid connected Solar PV Power Projects under NSM, Phase-II, Batch-II. The Section 3.5 stands modified as follows: Existing provision Modified provision 3.5 Qualification Criteria for Short-Listing of Bids/ Projects A. Financial Criteria Infusion: Minimum paid up share […] Read more
Apply online to get subsidy on solar power panels Updated On Mon, Sep 26th, 2016 by Saurenergy Consumers can apply online to avail subsidy on solar power panels. The online application submission procedure has been initiated by Department of Renewable Energy, Haryana (HAREDA) to encourage people go solar. You can submit the form with required documents visiting HAREDA’s portal — hareda.gov.in. TOI citing official reports that application for subsidy has to be […] Read more
Japan’s Softbank to invest in Indian Solar Manufacturing to boost Modi’s 100GW target Updated On Tue, Sep 20th, 2016 by Saurenergy Japan’s SoftBank Group Corp. has its mind on collaborating with Indian manufacturers to produce the solar panels that will facilitate in meeting the Prime Minister Narendra Modi’s energy targets. Manoj Kohli, Executive Chairman of SB Energy said to Bloomberg, “SoftBank’s strategy for India includes solar panel manufacturing.” He also ruled out making the panels through […] Read more
IndiaGoSolar announces first ever online ecosystem for Indian Solar Industry Updated On Mon, Sep 19th, 2016 by Saurenergy Indiagosolar.in, India’s first ever e-info marketplace rolls out its comprehensive service offerings, starting with basic information, consultancy to project execution and post implementation service across institutional and retail customers. The company provides a unique platform that offers information, technical advisory services & multiple options to buy & sell solar products & services online. IndiaGoSolar also […] Read more
MNRE issue guidelines for smooth implementation of grid connected solar rooftop projects Updated On Sat, Sep 10th, 2016 by Saurenergy Ministry of New and Renewable Energy’s scheme for grid connected rooftop solar projects states that the Central Financial Assistance (CF A) would be 30% of the benchmark cost or actual project cost, whichever is lower, for such projects in residential, social and institutional sectors in General Category States/ UTs and 70% for such projects in […] Read more
The Impact of Semiconductors in Solar Power Conversion industry Updated On Tue, Sep 6th, 2016 by Saurenergy Solar Energy, amongst all non-conventional or renewable energy sources, still remains relatively easier to harness, store and use. While the usage of solar energy dates back to quite a few decades, powering space crafts and satellites, it has now reached a stage where even a backpacker uses it to charge his mobile phone while on […] Read more
Solar Installations in India to Reach 4.8 GW in 2016: Mercom Capital Updated On Fri, Sep 2nd, 2016 by Saurenergy Mercom Capital Group in its quarterly update on the Indian solar market revealed that solar installation in India will reach 4.8GW in calendar year 2016. The solar project pipeline in India is now approximately 21 GW, with 14 GW under development and 7 GW scheduled to be auctioned. India has reached 2.8 GW in solar […] Read more
Solar silver demand to be over 2,500 tonnes for 2016: Capital Gold Group Updated On Mon, Aug 22nd, 2016 by Saurenergy The Capital Gold Group has released its internal think tank study named “Sustainability, Solar, and Silver” revealing that demand for silver utilized for Solar Panel manufacturing to go higher in the next 5 years, driven by sustainability initiatives of multi-national corporations and governments worldwide. “Corporate Social Responsibility programs are evolving from green concepts to massive solar panel […] Read more