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
If Govt Promotes Use of Solar with Battery Pack It will Make Big Impact on India: Shubhra Mohanka Updated On Wed, Jun 26th, 2019 by Saurenergy If government promotes use of Solar power with battery pack through time of day concept than a big impact will come in India for Solar energy and environment both, believes Shubhra Mohanka, Director, Galo Energy Pvt Ltd, an arm of Gautam Solar and one of the largest manufacturers of solar lights in the country. In […] Read more
IEEFA Report on Indonesia’s Solar Policies, Designed to Fail? Updated On Thu, Jun 20th, 2019 by Saurenergy Consistent and market-relevant enabling policies are key to building affordable solar power. Unfortunately, this basic principle has been overlooked as Indonesia has cycled through a patchwork of solar policies that have driven many experienced investors and developers to the sidelines. The proof is in the numbers. Despite having substantial solar resources, Indonesia’s solar policy framework […] Read more
US Solar Market Witnesses Best 1st Quarter in History Updated On Wed, Jun 19th, 2019 by Saurenergy In the first 3 months of the year, the U.S. installed 2.7 GW of solar PV, making it the most solar capacity ever installed in the first quarter of a year. According to a new report, in the first three months of the year, the U.S. installed 2.7 GW of solar photovoltaics (PV), making it […] Read more
