Can Rooftop Solar be the Game Changer to Achieve India’s Ambitious Solar Target? Updated On Thu, Oct 10th, 2019 by Saurenergy India is on its way to phase out fossil-based energy generation and adopt green energy. The growing population and the need for energy align with India’s transition initiatives, thus satisfying energy demands and in the process reducing the carbon footprint. The country’s per capita energy consumption currently stands close to one-third of the world’s average. […] Read more
Does Solar Rooftop Need to Take a Cue from Compulsory rainwater harvesting? Updated On Wed, Oct 9th, 2019 by Saurenergy After Prime Minister Narendra Modi expressed his concern via ‘Mann Ki Baat’ program about water crisis, rainwater harvesting also become the talk of the town, like solar these days. India has shown massive capacity additions in solar but has fallen behind on its target of achieving 40 GW rooftop solar by 2022. Here’re a few […] Read more
REI 2019: Insights About Session on Impact of Solar Energy in 2030 Updated On Thu, Sep 19th, 2019 by Saurenergy The Renewable Energy India Expo or REI 2019 held a session on the impact of Solar energy which talked about the growth of solar in the energy mix of India in 2030 This session held on the first day of Renewable Energy India Expo (REI) saw experts from government and Private companies who discussed the […] Read more
IKEA Parent Company Acquires 49% Stake in 2 US Solar Projects Updated On Tue, Sep 17th, 2019 by Saurenergy Ingka Group, the strategic partner to IKEA, has reached an agreement with CIP to acquire a 49 percent stake in two solar PV projects in Utah and Texas. Ingka Group, the strategic partner to the IKEA franchisee system, has reached an agreement with Copenhagen Infrastructure Partners (CIP) to acquire a 49 percent stake in two […] Read more
Lightsource BP and Penn State Start Construction on 70 MW Solar Plant Updated On Tue, Sep 10th, 2019 by Saurenergy Lightsource BP and Penn State have announced the beginning of construction on their 70 MW utility-scale solar plant in Pennsylvania. Lightsource BP, a global solar leader, and Penn State, consistently ranked as a top 25 research university in the US, have announced the beginning of construction on their 70 MW utility-scale solar plant in Pennsylvania. […] Read more
Modi Wants to see India as Solar Power Battery Hub Updated On Fri, Sep 6th, 2019 by Saurenergy Amid his thrust on renewable energy, PM Modi recently said that he wonders whether India could become a hub of solar power battery manufacturing Amid his thrust on renewable energy, Prime Minister Narendra Modi recently said that he wonders whether India could become a hub of solar power battery manufacturing, which can play a major role in the country’s march towards clean energy. Responding […] Read more
BHEL Inaugurates 5 Solar EV Chargers on Delhi-Chandigarh Highway Updated On Mon, Sep 2nd, 2019 by Saurenergy State-owned Bharat Heavy Electricals Limited has set up 5 electric vehicle chargers on the Delhi-Chandigarh highway. India’s largest power equipment manufacturer BHEL is expanding its footing in the electric mobility business. The Bharat Heavy Electricals Limited (BHEL) is setting up a network of solar-based electric vehicle chargers (SEVC) on the Delhi-Chandigarh highway. Five charging stations […] Read more
Still Elusive: Jumpstarting Solar Manufacturing in India Updated On Tue, Jul 16th, 2019 by Saurenergy The government of Prime Minister Narendra Modi rarely misses an opportunity to highlight the success of its renewable energy push, when given an opportunity. And it has good reason to do so. Besides taking installed renewable capacity (wind +solar) from barely 25 GW to an estimated 70 GW plus till now, the government has also […] Read more
Encourage Capital’s Fund For Indian Rooftop Segment Closes at $40 Mn Updated On Sat, Jun 29th, 2019 by Saurenergy Encourage Capital has announced the first closing of a new fund at $40 million, which will invest in Indian commercial rooftop solar segment Encourage Capital, LLC, an impact investment asset manager and advisory firm, has announced the first closing of a new private equity fund, Encourage Solar Finance, L.P. at $40 million. The fund will […] Read more