IREDA & European Investment Bank sign Euro 150 million Loan Agreement for Renewable Energy Financing in India Updated On Sat, Mar 10th, 2018 by Saurenergy More than 1 million Indian households to benefit from the new initiative EIB has extended this line of credit without insisting for sovereign guarantee from Government of India European Investment Bank (EIB) and Indian Renewable Energy Development Agency (IREDA) Ltd. have signed a loan agreement for a second line of credit (LoC) of Euro 150 […] Read more
LSIS to Foray into Japanese Market via Total Solns for RE Systems Updated On Wed, Feb 28th, 2018 by Saurenergy It participated in PV System Expo, displaying its renewable energy systems capabilities with its domestic and overseas representative business results. Korean firm LSIS Co., Ltd. is planning to foray into the Japanese market with its total solutions for the complete renewable energy systems, including solar power, energy storage system (ESS), direct current (DC) and alternating […] Read more
Engagement of Social Development Consultant for SECI Updated On Tue, Feb 27th, 2018 by Saurenergy Solar Energy Corporation of India Limited (SECI) is planning to set up a solar –wind hybrid project with World Bank financing. To prepare and ensure the social safeguards requirement for the project, SECI intends to engage a Social Development Consultant on Retainer basis. Individuals having vast experience in various areas of preparation and implementation of […] Read more
Alfen to Supply 140kW Energy Storage System to Belgian Grid Operator Updated On Tue, Feb 20th, 2018 by Saurenergy Alfen supplies a 140kW energy storage system that will be connected to Eandis’ logistical center. Alfen, specialist in energy solutions for the future has announced the start of a smart energy storage system for Eandis ‘logistical center in Lokeren, Belgium, that will be used to optimize self-consumption of the rooftop solar energy generation. The storage system, […] Read more
Global Concentrated Photovoltaic (CPV) Market Analysis to 2025: Market is Expected to Reach USD 6.35 Billion Updated On Mon, Feb 19th, 2018 by Saurenergy The global concentrated photovoltaic (CPV) market is expected to reach USD 6.35 billion by 2025 at a 10.1 percent. Demand for concentrated photovoltaic is anticipated to register rapid growth owing to its ability to harness solar energy in areas with no space constraints. CPV technology is yet to gain worldwide acceptance and manufacturers are constantly […] Read more
KSEB to Pay Interim Tariff at Rs 3.90 Per Unit for FY18 Updated On Mon, Feb 19th, 2018 by Saurenergy IREDA had filed a petition on June 16, 2017 before the commission seeking an interim tariff and for getting the approval of power sale agreement for 50 MW solar PV project. The Kerala State Electricity Regulatory Commission has approved the interim tariff at Rs 3.90 per unit for electricity purchased by the Kerala State Electricity […] Read more
Why a Performance Guarantee is Guaranteed Underperformance Updated On Thu, Feb 8th, 2018 by Saurenergy Sorrebh Samdani, Applications Engineering Manager at infiswift Many in the solar industry view the performance guarantee as an assurance that PV projects will produce the maximum amount of energy. While the performance guarantee does ensure that a PV project will produce above a minimum threshold, it does not ensure that it will perform to its […] Read more
Clean Energy Sector Will Create 3 lakh Jobs Updated On Mon, Feb 5th, 2018 by Saurenergy India’s clean energy workforce comprises solar installers, maintenance workers, engineers, technicians and performance data monitors. In a significant development, the Ministry of New and Renewable Energy (MNRE) has prepared a blueprint to create 3 lakh jobs till 2020 in the renewable energy sector. According to sources a long-term target to create 14 lakh jobs by […] Read more
Domestic Manufacturers Hoping of a Favorable Budget 2018 Updated On Thu, Feb 1st, 2018 by Saurenergy Currently, importing machinery and manufacturing equipment incur a heavy duty, compared to the duty-free import of finished products like Solar PV modules. As the administration keeps on the significance of the expanded appropriation of the sustainable power source, the power area seeks after a truly necessary push to domestic equipment manufacturers in the current year’s Union Budget. […] Read more