Mumbai Metro One Private to Utilize Solar Panels to Meet its Power Needs Updated On Mon, May 1st, 2017 by Saurenergy The electricity generated from the solar panels will be utilized for operations of various Mumbai Metro stations equipment such as lighting, air-conditioning, lifts, escalators and pumps. From May onwards, Mumbai Metro One Private Ltd (MMOPL) will source 30% of its non-traction energy requirement through solar panels which have been installed at Andheri and Ghtatkopar Metro […] Read more
China Flaunts Solar Boom Drives the Global Solar Market Updated On Mon, May 1st, 2017 by Saurenergy Latest report has unveiled record solar demand in China which has dramatically moulded the global PV installation for 2017. Chinese demand exceeded 34 gigawatts last year, pushing global installed solar capacity just over 78 gigawatts. These latest figures oust the 51 gigawatts of solar installed in 2015, and puts cumulative installed capacity beyond 306 gigawatts […] Read more
ADB Backs Sunseap to Build Cambodia’s First Large-Scale Solar Power Farm Updated On Mon, May 1st, 2017 by Saurenergy As part of the Cambodia’s First Large-Scale Solar Farm project, Sunseap entered into a 20-year solar power purchase agreement (PPA) with EDC. The Asian Development Bank (ADB) has backed Singapore’s Sunseap Group’s project to build Cambodia’s first large-scale solar power project under a long-term agreement with Electricité Du Cambodge (EDC). ADB’s Private Sector Operations Department […] Read more
U.S. Should Ally With China To Drive Global Solar Industry – Study Updated On Sun, Apr 30th, 2017 by Saurenergy In a new study, researchers from Stanford’s Steyer-Taylor Center for Energy Policy and Finance make some intriguing and perhaps controversial solar policy recommendations for the U.S. government. The researchers encourage the U.S. to reconsider a wide variety of its solar energy policies, including its trade war with China, in order to maximize the industry’s long-term […] Read more
VIZ-A-VIZ with S.K Mahajan, Director, IB Solar Updated On Sun, Apr 30th, 2017 by Saurenergy Q. Kindly slate on the journey of the company so far. The business was founded in 1992 with a mere capital of Rs. 2000; my father was a retired government officer then. I have 16 years of experience with corporate industry before starting business under the name Integrated Marketing, which became Integrated Batteries India Pvt. Ltd. […] Read more
Secret to Hit 40GW Updated On Sat, Apr 29th, 2017 by Saurenergy Government of India has rightly made rooftop solar power one of its top clean energy priorities. In 2014, the government revised the national solar installation target from 22 GW to an aggressive 100 GW by 2022 which is helping the country to become one of the world’s fastest-growing solar markets. The 100 GW target was […] Read more
Fotowatio Renewable Ventures Raises $29 Million from IFC to Fund 100 MW Solar Power Projects in Andhra Pradesh Updated On Sat, Apr 29th, 2017 by Saurenergy The Company is building two solar power projects of 50MW each in Andhra Pradesh. The cost of the project is estimated at $119 million which will be funded through a mix of 75 per cent debt and 25 per cent equity. Fotowatio Renewable Ventures (FRV) has raised $29 million (~Rs.1.86 billion) in non-convertible debentures (NCDs) […] Read more
Kerala Solar Energy Policy Updated On Thu, Apr 27th, 2017 by Saurenergy OBJECTIVE Objective of the state solar policy include:- Increase the installed capacity of the solar sector in the State to 500MW by 2017 and 2500 MW by 2030. Contribute to long term energy security of the State of Kerala as well as ecological security by reduction in carbon emission. Adopt a multi-pronged approach in targeting […] Read more
West Bengal Solar Energy Policy Updated On Thu, Apr 27th, 2017 by Saurenergy TARGET As per MNRE there is a target to harness 5336 MW of solar power through grid connected projects and through rooftop in the state. LAND ALLOTMENT Government land, if available, permission for use will be given for 30 years or the project life whichever is less. Land to be allocated and transferred to WBGEDCL, […] Read more