World Bank’s IFC Funds CleanMax Solar with $15 Million Updated On Thu, Nov 30th, 2017 by Saurenergy IFC also invested $125 million in Hero Future Energies, Hero Group’s renewable arm against an undisclosed equity stake. A senior executive from rooftop solar company CleanMax Solar has announced that the firm which is currently backed by American private equity giant Warburg Pincus has recently secured $15 million of funding against equity capital from International […] Read more
India Should Focus On To Build Solar-Electricity Storage System: Researcher Updated On Wed, Nov 29th, 2017 by Saurenergy The process having a mismatch between peak demand and electricity generation period for solar. The Fellow & Area Convenor at the Centre for Resource Efficiency and Governance in The Energy and Resources Institute (TERI), Nitya Nanda emphasized on building a robust storage system for electricity to have balance cost-effective energy mix. Nitya also stated about […] Read more
3D-Micromac Delivers Laser Contact Opening Systems for PERC Solar Cells Production at Hanwha SolarOne Updated On Wed, Nov 29th, 2017 by Saurenergy A critical step in the manufacturing process of PERC solar cells is laser contact opening (LCO), where laser ablation is used to perforate a thin passivation layer onto the rear side of the solar cell. 3D-Micromac AG, a leading supplier of laser micromachining and roll-to-roll laser systems for the photovoltaic, medical device and electronics markets, […] Read more
$205 Million Raised, As The Year’s Third Largest Funding By New Energy Solar As IPO Updated On Tue, Nov 28th, 2017 by Saurenergy At the median share range of $1.50 per share between $1.45 and $1.55 the book was closed totaling to $205 million. The amount of $205 million at $1.5 per share has been raised by renewable energy investor New Energy Solar as per their Initial Public Offering (IPO) by Morgan Stanley and Evans and Partners. Bookrunner […] Read more
Solar Power in Mumbai College Saves Rs 1.50 lakh on Electricity Bills Since 2015 Updated On Tue, Nov 28th, 2017 by Saurenergy The electricity generated from these solar panels is used for tubelights installed in the corridors and the garden of the college premises. In an effort to reduce its carbon footprint, Changu Kana Thakur College in Mumbai has saved Rs 1.50 lakh in electricity bills since it installed solar panels in May 2015. The college had […] Read more
Arctech Solar’s First African Solar Power Project Successfully Constructed Updated On Mon, Nov 27th, 2017 by Saurenergy Arctech Solar is expecting a significant solar power yield increase from this project. It is also the first solar power tracker project in southern Namibia so far. The 6MWp solar power plant in Namibia, built by the PowerChina Guizhou Engineering Company, was successfully constructed and is expected to be commissioned and grid connected by the […] Read more
Sudden Imposition of Anti Dumping Duty Can Disrupt Ongoing Solar Projects, Renewable Ministry Cautions Updated On Mon, Nov 27th, 2017 by Saurenergy MNRE notification has cautioned Directorate General of Anti Dumping against imposing high solar duties Ministry of New and Renewable Energy (MNRE) has cautioned anti dumping authorities against imposing high duties on imported solar equipment on the grounds that this can increase tariffs, make several projects unviable and seriously hamper the growth of the sector. According […] Read more
Solar Energy Scheme for small powerloom units will get Rs. 2.5 lakh Subsidy per unit Updated On Mon, Nov 27th, 2017 by Saurenergy The scheme will enable to repay the bank loans in a span of 3 to 4 years. Solar energy scheme for small units of powerlooms was announced by the Ministry of Textiles in regards with on-grid solar PV plant (without battery backup) and off-grid solar PV plant (with battery backup) in which a subsidy of […] Read more
Kolkata To Collaborate With Uzbekistan for Relaying Solar Power Updated On Fri, Nov 24th, 2017 by Saurenergy A 10MW Solar power plant at the banks of Canal, inaugurated by CM Mamata Bannerjee has already been commissioned. Farhod Arziev, Uzbekistan ambassador along with his delegation met Sobhondeb Chattopadhyay, state Power minister, at his state Assembly chamber. The purpose of the meet was to seek Bengal government’s cooperation to gear up solar power production. […] Read more
