IFC, MP Govt to Build the Largest Single-site Power Project in Rewa Updated On Mon, Jan 18th, 2016 by Saurenergy A member of the World Bank Group share intends to partner with Madhya Pradesh government for a massive solar project. IFC and state govt. aims to setup the largest single-site power project of 750-Mw in Rewa. IFC will put its expertise to structure and propose the transaction through private investments of about $750 million. “Successful […] Read more
Global Solar Sector Attracts US$160 billion Investment in 2015 – BNEF Report Updated On Fri, Jan 15th, 2016 by Saurenergy In 2015 the Global investment in solar sector reached a record US$161.5 billion off the back of 57GW of PV installations, more startling than the growth figures is that this commitment to renewables has continued to ratchet up while fossil fuel prices have plummeted. Oil prices have more than halved in two year. According to […] Read more
Sand Particles can be used for Solar Energy Updated On Thu, Jan 14th, 2016 by Saurenergy When sun is at its zenith, its known fact that with bare feet it’s hard to wobble around the beach, now researchers is known to have demonstrated solar energy using sand particle. The research project called ‘Sandstock’ has been seeking to develop a sustainable and low-cost gravity-fed solar receiver and storage system through sand particles, […] Read more
$1.5 Billion International Aid for India’s Rooftop Solar Projects Updated On Fri, Jan 8th, 2016 by Saurenergy To uplift India’s rooftop solar initiative, the World Bank, Asian Development Bank and the New Development Bank formed by the BRICS Nations are opening loans for the Ministry of New and Renewable Energy. Upendra Tripathy, secretary at the MNRE said, “We are getting $500 million (Rs. 3,345 crore) from each of them to fund rooftop […] Read more
Staten Solar Introduces Levee Mount Solar System Updated On Fri, Jan 8th, 2016 by Saurenergy Staten Solar of Silicon Valley has various agricultural solar activities in Central Valley, Terra Bella, Ducor and Delano. The problem about wastage of productive agricultural land Staten Sun oriented thought of an ingenious arrangement with favorable circumstances that go past the standard advantages of aggri-voltaic. Staten Solar introduces solar power panels along the levees of […] Read more
Intended Capital Cost for Solar PV – Central Electricity Regulatory Commission (CERC) Updated On Thu, Jan 7th, 2016 by Saurenergy Central Electricity Regulatory Commission (CERC) passed an instruction for resolution of standard capital expense for solar PV ventures for the fiscal year 2016-17. The instruction gauges capital expense including expense of gear, development, land, transmission and pre-operative costs of solar PV ventures for the upcoming FY at INR 50.1 million/MW (USD 0.76 million). Giving a […] Read more
Russian Agency Assist to Establish Massive Solar Plants in India Updated On Thu, Jan 7th, 2016 by Saurenergy The Russian Energy Agency (REA) and Solar Energy Corp. of India (SECI) plans to team up on few substantial scales Solar PV plants in India by 2022. The two entities signed a Memorandum of Understanding (MoU) on December 24, plotting the terms of the partnership. According to sources, one of its objectives will be to […] Read more
IIT–KGP Joins Solar Mission Updated On Mon, Jan 4th, 2016 by Saurenergy The Indian Institute of Technology-Kharagpur is focusing to become energy-positive as it aims to generate abundant power in the following five years. The solar energy generation is kept on vital importance through the course of being energy-positive. It plans to dispatch small scale ventures and shows for smart sustainable natural surroundings in its 2,100-acres campus […] Read more
Meralco Promises on 100MW Housetop Solar Projects Updated On Mon, Jan 4th, 2016 by Saurenergy Manila Electric Co. (Meralco) aims to install a massive 100MW solar power plant. Meralco president Oscar Reyes said the project is still being as a feature of the organization’s endeavor into renewable energy (RE). “We still don’t have a firm target, but maybe over three years, the aspiration is 100 MW,” said Reyes. Under the […] Read more