India to invest $1.8 Billion on Lines to Transmit Solar Power Updated On Thu, Dec 22nd, 2016 by Saurenergy India will invest Rs 127 billion on lines to transmit power from solar parks to enable Prime Minister Narendra Modi’s goal of boosting clean energy capacity to 175 gigawatts by 2022. The dedicated transmission lines, part of the so-called green corridor project was announced at an event ‘Empowering the Grid to meet Future Challenges’ organized […] Read more
NDB signs first loan agreement for financing Shanghai Lingang distributed solar power project Updated On Thu, Dec 22nd, 2016 by Saurenergy The People’s Republic of China and the New Development Bank signed a Loan Agreement approving the provision of RMB (CNY) 525 million (INR 512 million/ USD 75 million) sovereign project loan for the Bank’s first project in China – Shanghai Lingang Distributed Solar Power Project. The Loan Agreement was signed by Mr. Shi Yaobin, Vice […] Read more
LG CNS bags contract for 55MW Yamaguchi Shin Mine Solar Power Project in Japan Updated On Wed, Dec 21st, 2016 by Saurenergy LG CNS has announced that it will construct a 55 Megawatt solar power plant in Shin Mine of Yamaguchi prefecture, Japan. The project amounts to approx. KRW 170 billion in size with the cost of construction and operation combined, and it will last about 18 months with the goal of commencing commercial operation in May […] Read more
Solar Powered Boat Service to Commence from January 12 in Kerala Updated On Wed, Dec 21st, 2016 by Saurenergy Kerala will script a new chapter in its transport sector when a solar powered boat will start its first service from Vaikom in Kottayam district, about 180 Kms from here, on January 12. State Transport Minister A K Saseendran said, ‘‘The solar powered boat would conduct its first service with 75 passengers on January 12 […] Read more
Azure Power announces successful installation and operation of its rooftop solar power plant for DMRC Updated On Wed, Dec 21st, 2016 by Saurenergy Azure Power has announced the successful installation and operation of its rooftop solar power plant for Delhi Metro Rail Corporation (DMRC) at the Sultanpur facility. This is the first phase of a 14 MW allocation by DMRC to Azure Power, one of the largest by DMRC to a solar power developer. The tariff on the […] Read more
Canadian Solar Secures USD 62.8 million Refinancing For 50 Megawatts Solar Power Projects Updated On Mon, Dec 19th, 2016 by Saurenergy Canadian Solar has secured GBP 49.3 million (US$62.8 million) non-recourse term loan facilities to refinance a portfolio of 10 solar power plants, with total capacity of 50 megawatts in the United Kingdom. National Westminster Bank (NatWest), a subsidiary of RBS Group, is providing the 18.7-year term facility. Part of the proceeds will be used to […] Read more
Solaris Technology Adds More Off-Grid Solar Power Manufacturers Updated On Mon, Dec 19th, 2016 by Saurenergy Solaris Technology has added a series of new solar energy brands to its Renewable Energy Portfolio online at www.solaris-shop.com. Focusing on serving a wider market of Grid-Tie and Off-Grid customers seeking various solar energy products for their Boat, RV, Home, and Business among other sites that could benefit from turning to photovoltaic energy sources. “We […] Read more
UPERC confers Dayalbagh Educational Institute with recognition for harnessing solar power Updated On Mon, Dec 19th, 2016 by Saurenergy The Dayalbagh Educational Institute (DEI) has received recognition from the Uttar Pradesh Electricity Regulatory Commission for its work in harnessing solar power and spreading awareness among students about saving energy. The university has been successful in meeting a major portion of its own electricity demand and distributes its surplus energy to local colonies in Dayalbagh. […] Read more
Gujarat’s Position Trips to Third in Solar Power Generation Capacity Updated On Mon, Dec 19th, 2016 by Saurenergy After losing its top rank to Rajasthan last year, Gujarat has now slipped further to end at third position in commissioned solar power capacity. Rapid capacity addition by Tamil Nadu helped the state to topple both Rajasthan and Gujarat from their respective top ranks. According to the MNRE, Tamil Nadu has topped the list with […] Read more