8minutenergy Secures $21 Million USD Letter of Credit Facility from Rabobank Updated On Fri, Jul 8th, 2016 by Saurenergy 8minutenergy Renewables has secured a $21 million USD letter of credit facility from Rabobank. The purpose of the credit facility is to enable 8minutenergy’s utility-scale solar development activities across North America, including supporting the execution of Power Purchase Agreements and Interconnection Agreements associated with projects in various stages of development. “We are thrilled to be […] Read more
30 percent of 472 villages electrified this month are off-grid Updated On Wed, Jun 29th, 2016 by Saurenergy According to the Rural Electrification Corporation (REC), electrification of 472 villages was completed this month (6june-28june) and about 142 of them got an off-grid connection. Solar PV has remained the most deployed off-grid connection in the country, with total installed capacity of 7.5GW as of May 2016. Nine out of eleven projects sanctioned under renewable […] Read more
“It is not a cup of tea for any manufacturers to produce an inverter which can run for decades without problem” Luke Lu, Director for Indian Business, Sungrow Updated On Sat, Jun 25th, 2016 by Saurenergy A number of companies are integrating photovoltaic inverter and storage technologies. How its cost implication compared to the output efficiency is affecting a change in various types of installations? Inverter is the heart of any solar PV system. It is highly a technology oriented product. It certainly needs an expertise to produce a highly efficient […] Read more
US and India announces creation of a $20 million USICEF initiative Updated On Wed, Jun 8th, 2016 by Saurenergy The United States welcomed the launch of the International Solar Alliance (ISA), recognizes the critical role it can play in the development and deployment of solar power, and intends pursuing membership in the ISA. To further strengthen ISA together, US and India will jointly launch the third Initiative of the ISA which will focus on […] Read more
Efforts & commitment of stakeholders made RE targets achievable: Piyush Goyal Updated On Wed, Jun 8th, 2016 by Saurenergy Piyush Goyal, Minister of State (IC) for Power, Coal and New & Renewable Energy at first National Workshop on Rooftop Solar Power felicitated the stakeholders. He said efforts & commitment of all stakeholders made Renewable Energy (RE) targets achievable. During the event Goyal gave away 41 awards to the best performing Ministries/Departments, State/UT Governments, State […] Read more
Indian Navy pledges 1.5% of its works budget towards renewable energy generation Updated On Mon, Jun 6th, 2016 by Saurenergy Indian Navy completed two years of its Green Initiatives Programme on World Environment Day. On the occasion the Navy has set itself an aggressive target of 21 MW Solar PV installations, to be implemented in three phases. The initiative is in line with the National Mission of Mega Watt to Giga Watt towards achieving 100 […] Read more
MNRE sets target for Commercial & Industrial sector for FY 2016-17 Updated On Fri, May 20th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) is implementing a Grid connected Rooftop and Small Solar Power Plants Programme. The Government has set a target of 40,000 MWp of grid interactive rooftop solar (RTS) PV plants by 2022. These RTS plants will be set up in residential, commercial, industrial, institutional, Government/ PSU sectors ranging from […] Read more
SolAero Technologies acquires Vanguard Space Technologies Updated On Thu, May 12th, 2016 by Saurenergy Satellite solar power and structural solutions provider SolAero Technologies has acquired San Diego, California based aerospace structural products and assemblies provider, Vanguard Space Technologies. Vanguard has a proven history of delivering satellite structural components and assemblies for commercial, defense, and civil satellites to customers around the world. Vanguard has been acquired as a wholly-owned subsidiary […] Read more
India has emerged as the biggest renewable energy lab in the world: Richard Verma Updated On Wed, May 11th, 2016 by Saurenergy US envoy Richard Verma on his visit to India said the country has emerged as the biggest renewable energy lab in the world and is at the threshold of dynamic growth in the deployment of smart grid technology. Verma, accompanied by other dignitaries visited Tata Power Delhi Distribution’s Smart Grid Lab in Rohini and Tata […] Read more
