US Praises India’s Efforts; Looks to Work with ISA in Future Updated On Tue, Mar 13th, 2018 by Saurenergy Sixty countries have signed the agreement to join the alliance which was formally launched jointly by India and France on March 11, 2018 in New Delhi. The United States has lauded India for its efforts in initiating and inaugurating the International Solar Alliance (ISA) and looks to work with the organisation in the future. The ISA is a treaty […] Read more
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
ENGIE North America to Acquire SoCore Energy Updated On Tue, Mar 6th, 2018 by Saurenergy ENGIE has been working to expand its offerings in North America to address these needs. SoCore will be a key piece of ENGIE’s solution set for current and future customers. ENGIE North America Inc. has signed an agreement to acquire SoCore Energy, a fully-integrated solar developer and commercial and industrial (C&I) solar projects with a […] 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
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
PSEG Acquires North Carolina PV Project from BayWa r.e. Updated On Fri, Feb 9th, 2018 by Saurenergy PSEG Solar Source completed the acquisition of the project from BayWa r.e. on Dec. 13, 2017. PSEG Solar Source, a subsidiary of PSEG Power, has acquired a 7 MW-dc solar energy facility from BayWa r.e. for an investment of about $10 million. The PSEG Halifax Solar Energy Center which began operations Dec. 21, 2017, has […] 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