YES Bank, EIB to Invest $400mn in Indian Renewable Energy Sector Updated On Wed, Dec 20th, 2017 by Saurenergy The new $400 million private sector renewable energy financing programme is divided into two components. Of the $400-million, the EIB will fund $200 million, while the rest will be supported by YES Bank. YES Bank and the European Investment Bank will jointly invest $400-million funding for renewable power generation in the country. “The new financing […] Read more
Schneider Electric Commits Generate Electricity From 100% Renewable Energy by 2030 Updated On Wed, Dec 13th, 2017 by Saurenergy The commitments are yet another step in Schneider Electric’s journey to becoming carbon neutral by 2030. Schneider Electric, the leader in digital transformation of energy management and automation, has committed to sourcing 100% renewable electricity and is throwing light on the doubling of its energy productivity. The company strongly believes it cannot go renewable without […] Read more
INDIA Marches Ahead Updated On Wed, Dec 13th, 2017 by Saurenergy As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […] Read more
HEEDING the Call for CYBER SECURITY in Renewable Energy Updated On Mon, Dec 11th, 2017 by Saurenergy This is a challenge, but even more so, it is an opportunity to advance the collective technologies towards the attainment of solar cyber security worldwide. In 2012, a computer virus, dubbed Stuxnet, disabled 1000 of Iran’s 5000 centrifuges, detailing a joint US-Israel cyber security attack on Iran that undermined its nuclear enrichment facilities. In 2014, Unit […] Read more
Acme Cleantech Solutions Approaches Madras High Court for Levied Import Duty Updated On Fri, Dec 8th, 2017 by Saurenergy In its petition, Acme said that customs officials were not following the proper procedure in making their revised assessments. The Madras High Court was approached by a solar power developer named Acme Cleantech Solutions filing a petition against Chennai port customs officials accusing them of charging import duties on panels and modules by categorizing them […] Read more
Delhi Based Sunsure Energy Eyes INR 200 Crore in FY18 Revenue Updated On Tue, Nov 21st, 2017 by Saurenergy Sunsure Energy was founded by a group of close knit IIT-Delhi alumni and has seen a phenomenal growth in India’s thriving Solar Power sector. A Delhi-based turnkey solar project company, Sunsure Energy Pvt. Ltd. is all set to close an action packed year at an all-time high revenue of INR 200 crore. from its Solar […] Read more
Photovoltaik-Institut Berlin Sets Up Indian Subsidiary Updated On Wed, Nov 15th, 2017 by Saurenergy Consultation and monitoring can help developers identify and remedy mistakes during the planning, module production, transport or installation phases. PV Consultancy, Photovoltaik-Institut Berlin (PI Berlin) has established a subsidiary based in Delhi, India. The new company says demand is high in India for services, such as laboratory tests for modules and quality assurance during the […] Read more
India’s Renewable Energy Capacity Crosses Milestone of 60GW Updated On Wed, Nov 15th, 2017 by Saurenergy India has set an ambitious 175GW clean energy target by 2022, of which 100GW is to come from solar projects. India has achieved a major milestone in solar power generation capacity. India added 10,000 MW clean energy capacity in the last nine months, taking country’s total renewable energy capacity to 60,000 MW in the September […] Read more
Renewable Electricity’s Spanish Support Scheme Approved by the European Commission Updated On Mon, Nov 13th, 2017 by Saurenergy The scheme has around 40,000 beneficiaries. In 2016, the annual payments under the scheme amounted to €6.4 billion. The Spanish scheme supporting electricity generation from renewable energy sources, high efficiency co generation of heat and power and waste, the European Commission has found it to be in line with EU State aid rules. The scheme […] Read more
