Solar water pump market in India struggles to take off Updated On Tue, Dec 6th, 2016 by Saurenergy In 2014, PM Narendra Modi set a target to install 1 million solar water pumps, equivalent to approximately 3000 MW, for irrigation and drinking water by 2021. But actual cumulative installed base stood at merely 25000 pumps as of April 2016. The bleak performance is despite the government offering massive subsidies of as much as […] Read more
Will surpass $10 billion investment commitment for India in solar and Internet-led businesses: Softbank Updated On Sat, Dec 3rd, 2016 by Saurenergy Positive on India’s prospects, Japan’s SoftBank today pledged that it will “surpass” the stated commitment of investing $ 10 billion in the country as it ramps up investments in solar power generation and Internet-led businesses. “We have already invested $ 2 billion in last few years, and we will surpass my commitment of investing $10 […] Read more
17.90 Crore LED bulbs distributed across the Country: Piyush Goyal Updated On Fri, Dec 2nd, 2016 by Saurenergy Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal in Lok Sabha on Thursday said “Achieving efficient implementation of the Unnat Jyoti by Affordable LEDs for All (UJALA) Scheme, the aggregation of demand and bulk procurement by Energy Efficiency Services Limited (EESL) has resulted in huge savings for the consumers across the country.” The Minister […] Read more
5791.54 MU electricity generated by cumulative solar installations from April to September 2016: Piyush Goyal Updated On Thu, Dec 1st, 2016 by Saurenergy New and Renewable Energy Minister, Piyush Goyal in Lok Sabha on Thursday citing an information received from Central Electricity Authority (CEA) stated that 5791.54 MU electricity is produced by cumulative solar installations in the country from April 2016 to September 2016. Quantum of electricity produced by cumulative solar installations in the country:- Year Energy generation […] Read more
Russian Billionaire Businesswoman Expands Investment Into Renewable Energy Updated On Wed, Nov 30th, 2016 by Saurenergy Australia based Inteco Beteiligungs GmbH, owned by Russian billionaire businesswoman and philanthropist Yelena Baturina, continues the expansion of a project to generate, use and market renewable energy in Europe. In October, Inteco completed the acquisition of a solar park near the city of Farsala in Greece. According to industry experts energy produced by the solar park in […] Read more
Photovoltaic (PV) Inverter Market Size Worth $19.8bn by 2024: Global Market Insights Inc. Updated On Tue, Nov 29th, 2016 by Saurenergy Global Market Insights, Inc.Ltd. in its new report forecasts the Photovoltaic (PV) Inverter Market size to reach USD 19.87 billion by 2024. The report states that decreasing solar component cost associated with increasing adoption of clean fuel energy will drive the Photovoltaic (PV) inverter market size. Technology advancement and manufacturing improvement have positively impacted the […] Read more
Intersolar steps into one of the most promising, but challenging solar markets Updated On Sat, Nov 26th, 2016 by Saurenergy The Iranian Deputy Minister for Energy, Dr. Sattar Mahmoudi, and the Managing Director of the Renewable Energy Organization of Iran (SUNA), Dr. Mohammad Sadegh Zadeh, welcomed more than 400 attendees, twice as many as expected, at the first Intersolar Summit Iran in Tehran on November 15, 2016. Main discussions were about grid-integration solutions, financing and […] Read more
String Inverter Market to grow at CAGR of 8.29% from 2016 to 2021: MarketsandMarkets Updated On Fri, Nov 25th, 2016 by Saurenergy According to a new report from MarketsandMarkets the global string inverter market is expects to grow from an estimated USD 2.61 Billion in 2016 to USD 3.89 Billion by 2021, registering a CAGR of 8.29% from 2016 to 2021. The research firm notes that the global market is witnessing growth due to decrease balance of […] Read more
Polysilicon industry to experience severe cut-throat competition in 2018: Bernreuter Research Updated On Fri, Nov 25th, 2016 by Saurenergy Bernreuter Research in its new report ‘Polysilicon Market Outlook 2020,’ has revealed that polysilicon industry will experience severe cut-throat competition in 2018. The research firm in its report states that half a dozen polysilicon manufacturers could be pushed out of business by the end of 2018. “Slowing demand from the photovoltaic industry on the one […] Read more