SECI Setting up of Rs 1500 Cr Payment Security Fund for VGF Scheme under JNNSM Updated On Sat, Aug 20th, 2016 by Saurenergy Government of India launched Jawaharlal Nehru National Solar Mission in January 2010 and set a target of 1, 00,000 MW of grid connected solar power by 2022 to address India’s energy security challenge. The Government of India introduced the concept of viability gap funding mechanism in implementation of JNNSM Phase II wherein solar projects are […] Read more
PowerCare team from SunLink has expanded its installation services into the Northeastern US Updated On Wed, Aug 17th, 2016 by Saurenergy The SunLink PowerCare team has announced that it has expanded installation services into the Northeastern United States. PowerCare is currently installing at a second GeoPro project across the state in Plymouth and is gearing up for 10 more projects in Massachusetts and Vermont in 2016. Simultaneously, the PowerCare team is also executing solar project services […] Read more
Cenergy Power announces completion of 3.1 MW photovoltaic systems at California oil field Updated On Wed, Aug 17th, 2016 by Saurenergy Cenergy Power has announced the completion of a 3.1 megawatt (MW) photovoltaic system for Seneca Resources Corporation’s North Midway Sunset oil field (Oil Field) located in Kern County, California. The project is expected to produce roughly 5.5 million kilowatt hours (kWh) annually and offset over 20% of Seneca’s total electric power costs at the Oil […] Read more
Sungrow signs a contract with Mytrah Energy to supply 150MW inverters in India Updated On Tue, Aug 16th, 2016 by Saurenergy Sungrow has announced that it has acquired a deal to supply 150 MW of inverters to solar projects in the Indian states of Telangana and Punjab. The Chinese inverter manufacturer is already active in the markets of Asia, US and Europe, and this new contract with Mytrah Energy Sungrow will be able to display its […] Read more
Central Government should renew its focus on the DBFOT framework: Simarpreet Singh, Head – Strategy, Hartek Power Updated On Wed, Aug 10th, 2016 by Saurenergy Hartek Power Pvt Ltd is one of India’s fastest growing Engineering, Procurement and Construction (EPC) companies with expertise in executing high-voltage substation turnkey, rooftop solar projects and manufacturing a complete range of power distribution equipment/solutions to the needs of the industry and utilities. The company has four strategic business units—Power Systems, Rooftop Solar, Power Distribution […] Read more
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
“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
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
SoftBank’s investments in India to surpass $10 billion in 5-10 years Updated On Wed, Jun 1st, 2016 by Saurenergy Japanese telecom and Internet giant SoftBank has announced that its investments in the country will surpass USD 10 billion in 5-10 years. Chief Executive Masayoshi Son to PTI said SoftBank will make its first USD 350 million investment in a solar project in India and expand in next 5-10 years, probably around USD 10 billion. […] Read more
