Indian Banks edgy, as Solar Companies fails to deliver Updated On Thu, Apr 14th, 2016 by Saurenergy What could make Prime Minister Narendra Modi’s plans of capitalizing $100 billion of solar power from foreign investments edgy? Indeed, an In-Flow and Out-Flow leeway of Investment and Finance. The global renowned US Company, SunEdison standstill on at least $1.4 billion of loans and credit facilities, is seeking to sell as much as 1 gigawatt(GW) […] Read more
Govt. upbeats Solar Power Generation to 48GW by 2019 Updated On Mon, Apr 11th, 2016 by Saurenergy Eyeing the indigenous growing solar reputation, the government is aiming to extend the solar power generation capacity to 48GW by early 2019, giving an early deed to the promising 100 GW National Solar Mission chalked by 2022. Latest projections from The Ministry of New and Renewable Energy (MNRE), has benchmarked a target generating 48GW grid […] Read more
Henkel India to provide electricity to villages in Maharashtra installing solar panels Updated On Thu, Mar 31st, 2016 by Saurenergy Henkel Adhesive Technologies India Private Limited a fully owned subsidiary of Henkel AG & Co. KGaA has embarked upon its CSR project ‘Lighting Lives’. The project aims to provide electricity to villages in Maharashtra by installing solar panels and is in line with the global Sustainability Strategy for 2030. Finance Minister Arun Jaitley in his […] Read more
American financial institution to allocate $421 million to India for solar, internet projects Updated On Tue, Mar 22nd, 2016 by Saurenergy American financial institution to allocate $421 million to India for its solar and broadband projects reports PTI. It will enable the country to become a low carbon economy and expand the internet infrastructure. Last week US Government’s development finance institution, Overseas Private Investment Corporation (OPIC), sanctioned $250million to subsidiaries of ReNew Power Ventures Private Limited […] Read more
Alectris and Shri Shakti Alternative Energy join expertise to manage solar PV assets Updated On Fri, Mar 11th, 2016 by Saurenergy Shri Shakti Alternative Energy and a Greece solar asset care company, Alectris, announces a joint marketing venture leveraging integrated solar operations, maintenance and asset management services to solar PV installations in the country. Alectris has recently introduced its solar ERP software platform – ACTIS at Indian Power Stations O&M conference, the solution is claimed to […] Read more
Solar Installation to well surpass 4GW in 2016, marking a 100% YoY Growth – Report Updated On Fri, Mar 11th, 2016 by Saurenergy The Indian solar sector is finally emerging from hibernation with solar installations doubling in 2015 after three years of flat growth, said Raj Prabhu, CEO and co-founder of Mercom Capital Group. Global clean energy communications and research firm cited that solar installations totaled 2,133 MW in 2015, up from 883 MW installed in 2014, which […] Read more
Four more Railway Divisions of Ajmer gets Solar Power Plants Updated On Thu, Mar 10th, 2016 by Saurenergy The solar province is unfurling across one of the largest cities of Rajasthan. Marwar Junction, Rani, Falna and Ranapratap Nagar railway stations under Ajmer division have been identified for solar power. These four railway stations of Ajmer Division will soon use clean energy as the Indian Railways will install solar power plants. Indian Railway Finance Corporation Ltd (IRFC) and […] Read more
Govt likely to announce incentives to boost manufacturing of solar panels Updated On Sat, Feb 27th, 2016 by Saurenergy Government may announce inducements in the upcoming Budget to boost manufacturing of solar panels and achieve its objective of establishing 100 gigawatts of solar capacity by 2022. So far, solar t Finance minister Arun Jaitley may announce incentives, such as Viability Gap Funding (VGF) to help sprout manufacturing plants in the country and vow long-term […] Read more
Indian Govt to Dispatch an Incentives Scheme for Solar Power Plants Updated On Thu, Feb 4th, 2016 by Saurenergy The Indian Govt. is working on incentives scheme for solar power projects, generating capacity of 3,000MW or above. The authority has reported that incentives scheme is like to assign in the forthcoming Fiscal Year 2016-2017. ‘An interministerial committee led by the Department of Industrial Policy and Promotion (DIPP) Secy will secure the report very soon, […] Read more
