IHS Markit expects global energy storage inverter shipments slated for solid growth Updated On Wed, Oct 5th, 2016 by Saurenergy As the energy storage market rises, and as prices for storage continues to fall, more than 900 MW of energy storage grid-tied inverters were shipped globally in 2015. The global energy storage inverter shipment is forecast to surge at a compound annual growth rate of 38 percent, to 4.5 GW in 2020, according to IHS […] Read more
Azure Power Ties up with Overseas Private Investment Corporation (OPIC) Updated On Tue, Oct 4th, 2016 by Saurenergy Azure Power has announced that it has partnered with U.S. Government’s development finance institution- Overseas Private Investment Corporation (OPIC) for long-term low-cost debt financing facility of USD 20 million for 15 years at a cost of capital of 4.74%. The company will utilize the load to construct 19 MW new solar rooftop projects across multiple […] Read more
Power sector is focusing on distributed energy production: Piyush Goyal Updated On Tue, Oct 4th, 2016 by Saurenergy Piyush Goyal, Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines addressing a media event informed that Coal India has set a target to replace about 15 million tons of imported coal with indigenous coal in the next six months. On sideline of the event he said “apart from shifting […] Read more
Lithium ion Battery Market in India to Grow at CAGR 32% Till 2021: TechSci Research Updated On Tue, Oct 4th, 2016 by Saurenergy TechSci Research in its latest reports “India Lithium ion Battery Market By Type, By Application, Competition Forecast and Opportunities, 2011 – 2021”, has revealed that the market of lithium-ion battery in India will grow at a CAGR of over 32% during 2016 – 2021. Lithium-ion battery in comparison to traditional battery technologies, are competent of […] Read more
Intersolar India 2016 to hold an Extensive Accompanying Program for a Growing Market Updated On Mon, Oct 3rd, 2016 by Saurenergy India has one of the fastest growing solar markets in the world. According to the Mercom Capital Group, a total of 8.1GW of PV capacity had been installed in the country by August 2016, and 21 additional GW are already in the pipeline. These figures present the ideal backdrop against which to hold Intersolar India. […] Read more
MNRE amends new guideline for selection of 3000 MW Grid connected solar PV power projects Updated On Sat, Oct 1st, 2016 by Saurenergy The Ministry of New and Renewable Energy has brought new amendment to the guideline for selection of 3000 MW Grid connected Solar PV Power Projects under NSM, Phase-II, Batch-II. The Section 3.5 stands modified as follows: Existing provision Modified provision 3.5 Qualification Criteria for Short-Listing of Bids/ Projects A. Financial Criteria Infusion: Minimum paid up share […] Read more
Sungrow to showcase string and central inverters at SEUK & Clean Energy Live 2016 and IGEM 2016 Updated On Fri, Sep 30th, 2016 by Saurenergy Sungrow has announced that it will present string inverters SG36KTL-M and new SG60KTL as well as the central inverter SG2000-MV at SEUK & Clean Energy Live 2016 (Birmingham, Booth: C34). The company will also showcase its new string inverter SG60KTL and the central inverter SG2500-MV at IGEM (International Greentech & Eco Products Exhibition & Conference […] Read more
Reliance Power plans to set up a 400 MW solar plant as part of its capacity expansion programme Updated On Fri, Sep 30th, 2016 by Saurenergy Reliance Power plans to double capacity of its Rosa and Butibori thermal power plants and will set up a 400 MW solar plant in the coming years, the company’s Chairman Anil Ambani said today. Addressing RPower’s 22nd Annual General Meeting, he said it will double the capacity of its Rosa and Butibori power plants to […] Read more
Jawaharlal Nehru Port Trust to harness solar power to reduce its dependency on conventional electricity Updated On Thu, Sep 29th, 2016 by Saurenergy Jawaharlal Nehru Port Trust (JNPT) has decided to harness solar energy installing solar power plant on several rooftops in its township and commercial premises and reduce its dependency on conventional electricity from the grid. This green initiative by the port trust is part of its push towards becoming the most sustainable energy generation port organization […] Read more