Azure Power installs 10MW rooftop solar PV project in Mohali, Punjab Updated On Thu, Jul 28th, 2016 by Saurenergy Azure Power has installed a 10MW rooftop solar PV project in Mohali, Punjab. The 10 MW solar rooftop project is spread across eight locations in the state. Power produced by the solar plant will be sold to Punjab State Power Corporation Limited under 25-year power purchase agreement (PPA) at a tariff of Rs. 7.59/kWh. The […] Read more
Solar Power Tariffs expected to drop to as low as INR 3.50 a unit in 3 years Updated On Tue, Jul 26th, 2016 by Saurenergy Solar power tariffs in India, which fell below Rs. 5 per unit since last November, are once again expected to sink further as the industry doubles volumes every year and the cost of producing power continues to drop. A report published in the Mint mentions that that tariffs will fall to as low as 3.5 […] Read more
SolarWorld launches 1,500-Volt Solar Panel Updated On Fri, Jul 8th, 2016 by Saurenergy One of the largest crystalline-silicon solar manufacturers in the Americas, SolarWorld has announced the launch of 1,500-volt solar panel. The company will exhibit the new 72-cell XL product at SolarWorld’s Booth 7411 at Intersolar North America from July 12 to 14 in San Francisco. Compared to standard 1,000-volt solar panels, the 1,500-volt technology enables installers to increase lengths of […] Read more
Solar Park in India: Scope, Status, Achievement, and Challenges Updated On Sat, Jun 25th, 2016 by Saurenergy India, with its large population and rapidly growing economy, needs access to clean, cheap and reliable sources of energy. The government with the Jawaharlal Nehru National Solar Mission has been promoting ecologically sustainable growth while addressing India’s energy security challenge. The Government of India’s ambitious plan to add 100 GW of solar capacity by 2022 […] Read more
Azure Power inaugurates 28 MW solar power plant in Punjab, lays foundation for another 150 MW Updated On Mon, Jun 6th, 2016 by Saurenergy Azure Power inaugurated a 28 MW solar power plant in Killianwali village of Muktsar district, Punjab. Simultaneously, the firm laid foundation for another 150 MW solar power project in the same village. The newly operational solar plant was commissioned in less than ten months from the signing of the Power Purchase Agreement (PPA). With a […] Read more
India to double its investment in next 5 years on clean energy research Updated On Fri, Jun 3rd, 2016 by Saurenergy Union Minister for Science & Technology and Earth Sciences, Dr. Harsh Vardhan at the 7th Clean Energy Ministerial (CEM7) and the Inaugural Mission Innovation Meet at San Francisco, stated that the Mission Innovation (MI) is the noblest mission which will help humanity in the future. It is an effort to accelerate public and private global […] Read more
Global solar PV market is expected to reach USD 3.38 billion by 2024: Grand View Research Updated On Wed, Jun 1st, 2016 by Saurenergy Grand View Research anticipates the global solar PV glass market to reach $3.38 billion by 2024. According to the research firm increasing solar PV installations will remain a key driving factor for global solar PV glass market over the forecast period. The favorable regulatory norms across the globe are expected to promote the usage of solar PV panels […] Read more
Canadian Solar closes a USD 52 million project financing facility with BayernLB Updated On Tue, May 24th, 2016 by Saurenergy Canadian Solar announces that it has closed a £36.4 million (US$52 million) project financing facility with BayernLB to refinance a portfolio of four solar power plants, totaling 40.2 megawatts in the UK. This financing facility with BayernLB is non-recourse project finance, with a term of 17 years. “We are delighted to complete this project financing […] Read more
World Bank approves $750 Million loan to Support India’s Grid Connected Rooftop Solar Program Updated On Tue, May 17th, 2016 by Saurenergy The World Bank Board has approved a $625 million loan to support the Government of India’s grid connected rooftop solar programme to generate clean energy. World Bank has also approved a co-financing loan of $120 million on concessional terms and a $5 million grant from Climate Investment Fund’s (CIF) Clean Technology Fund. The project will […] Read more