HDFC Ergo Designs Solar Energy Shortfall Insurance Policy to Cover Losses Updated On Wed, Dec 6th, 2017 by Saurenergy HDFC Ergo has designed the policy to provide insurance against losses arising out of nontraditional and non-physical damage related risks that solar projects face. In a significant development, HDFC Ergo General Insurance Company has designed a solar energy shortfall insurance policy to insure bidders against the likely loss of business if the generation doesn’t meet […] Read more
International Solar Alliance Developing Risk Mitigation Mechanism to be Ready in a year Updated On Tue, Dec 5th, 2017 by Saurenergy The International Solar Alliance will become a treaty-based international intergovernmental organisation on December 6, 2017. A mechanism for reducing the risks associated with financing of solar power projects and make them workable under the aegis of the International Solar Alliance (ISA) is set to be rolled out in a year, the Ministry of New and […] Read more
Patanjali Ayurved to Foray Into Solar Power Equipment Manufacturing Updated On Tue, Dec 5th, 2017 by Saurenergy Patanjali Ayurved, which started its operations in 2006, has an impressive growth rate with increasing its revenue more than five times. After excelling in consumer goods products market, Patanjali Ayurved Ltd, owned by Baba Ramdev is all set to foray into the manufacturing of solar power equipments. This will be the company’s first exposure to […] Read more
Capital Stage Acquires Two Solar Parks in The Netherlands Updated On Tue, Dec 5th, 2017 by Saurenergy Capital Stage says that the two solar parks have a total generation capacity of 47.6 MW and are expected to be completed in 2018. Germany-based solar and windfarm operator Capital Stage has acquired two planned solar parks in the Netherlands market for the first time from Dutch project developer Sunstroom Engineering B.V. The solar parks […] Read more
Solar Power Benefits: South Mumbai Mosque Cuts Power Bills by 67 percent Updated On Mon, Dec 4th, 2017 by Saurenergy This is the third mosque in south Mumbai after Minara Masjid at Mohammed Ali Road and Zakaria Masjid in Masjid Bandar to adopt solar power. South Mumbai’s 200-year-old Jama Masjid in Kalbadevi is utilizing solar power and it makes 70 percent of its electricity requirements, with an expected saving of 35 tonnes of carbon dioxide […] Read more
Egypt Launches New Solar Power Project Updated On Mon, Dec 4th, 2017 by Saurenergy The new solar power project in Egypt is being executed by the Industrial Modernization Center and the United Nations Development Program In a significant development, Egypt has launched a new solar power project called “Grid-connected Photovoltaic Power Systems – Egypt PV”, which is implemented by the Industrial Modernization Center (IMC) and the United Nations Development […] Read more
Fortum to Buy 35 MW of solar power capacity in Russia Updated On Fri, Dec 1st, 2017 by Saurenergy The Finnish power utility has agreed to acquire three solar power companies from Hevel Group in Russia. Finnish power utility Fortum has agreed to acquire 35 MW of solar power in Russia from local group Hevel. The Finnish company said the seller was Russian solar module maker and project developer Hevel Solar, without disclosing the […] Read more
EkoRE to Install 15 MW solar plant in Ukraine Updated On Fri, Dec 1st, 2017 by Saurenergy The Turkish EPC contractor is also planning to install rooftop PV systems on several public buildings of the city of Ochakiv. The City Council of Ochakiv, small city in the Mykolaiv region of southern Ukraine, has signed a memorandum of understanding (MoU) with the Turkish solar and renewable energy project developer Eko Renewable Energy Inc. […] Read more
MNRE Releases List of Sanctioned Solar Parks under the Solar Park Scheme Updated On Fri, Dec 1st, 2017 by Saurenergy Solar parks across various states in the country, each with a capacity of Solar Projects generally above 500 MW will be built. In a bid to provide clean energy to the citizens of India PM Narendra Modi earlier has revised national solar mission capacity from the current 22 gigawatt (GW) to 100 GW by 2022. The […] Read more
