California Becomes 1st State to Mandate Solar for All New Homes Updated On Fri, Dec 7th, 2018 by Saurenergy The unanimous action finalizes a previous vote by the Energy Commission and fulfills a decade-old goal to make the state reliant on cleaner energy. California became the first state in the nation to require homes built in 2020 and later be solar powered, following a vote by the Building Standards Commission. The unanimous action finalizes […] Read more
Cabinet Okays Energy Efficiency MoU Between India, France Updated On Fri, Dec 7th, 2018 by Saurenergy Further, this MoU between the two countries is expected to take forward information exchange on policies, programmes and technologies relating to enhanced energy efficiency and demand side management. The Union Cabinet chaired by Prime Minister Narendra Modi has been apprised of Memorandum of Understanding (MoU) between India and France in the field of energy efficiency […] Read more
Best Practices for Solar Rooftop Updated On Fri, Dec 7th, 2018 by Saurenergy How to Choose the Best Solar System for Your Roof Being a tropical country, India is blessed to have a good amount of access to natural resources like solar. About 5,000 trillion kWh per year energy is incident over India’s land area with most parts receiving 3-5 kWh per sq. m per day. Based upon […] Read more
SB Energy, Adani Green Win 840 MW at SECI’s Hybrid Auction Updated On Thu, Dec 6th, 2018 by Saurenergy SB Energy has won the project at Rs 2.67 per unit of electricity generated while Adani Green Energy won at Rs 2.69 per unit at the auction. In the Solar Energy Corporation of India’s (SECI’s) first wind-solar hybrid auction of 1,200 MW capacity, SoftBank-backed SB Energy and Adani Green Energy won 450 MW and 390 MW respectively. Further, […] Read more
Global Warming May Cause Decline in India’s Wind Power Potential: Study Updated On Thu, Dec 6th, 2018 by Saurenergy However, the researchers found that the Indian monsoon is weakening as a result of warming waters in the Indian Ocean, leading to a steady decline in wind-generated power. The warming of the Indian Ocean, caused by global climate change, may be causing a slow decline in wind power potential in India, according to a new […] Read more
BlackRock Sells 14 French Solar Projects to International Consortium Updated On Wed, Dec 5th, 2018 by Saurenergy The move will mark the first realization for BlackRock’s renewable power platform and offers Samsung, Samchully AMC and Schroders an attractive foothold into the European renewables power market. BlackRock Real Assets has reached an agreement with the Consortium of Samsung Securities as the financial investor, Samchully Asset Management as the asset manager with Schroder AIDA […] Read more
Tariff Drops Further in Uttar Pradesh Solar Project Auction Updated On Tue, Dec 4th, 2018 by Saurenergy The lowest price for the bid was quoted by National Thermal Power Corporation at Rs 3.04 per unit; NTPC won 85 MW of the capacity. A commissioning deadline of 21 months has resulted in refreshingly low winning tariff in an solar project auction by the UP New and Renewable Energy Development Agency (UPNEDA). The 500 […] Read more
LONGi Solar Named Tier-1 Module Maker in Q4 BNEF Report Updated On Mon, Dec 3rd, 2018 by Saurenergy BNEF’s criteria require module manufacturers to have supplied own-brand, own-manufacture products to six different projects over 1.5MW that have been financed by six different banks in the past 2 years. One of the leading solar modules manufacturer LONGi Solar has been named tier-1 module manufacturer in the Bloomberg New Energy Finance’s (BNEF) fourth quarter 2018 report. […] Read more
Freedom Solar Launches Commercial Solar Financing Vehicle in Texas Updated On Sat, Dec 1st, 2018 by Saurenergy The company said in a statement that financing through it allows companies to finance up to 70 percent of the cost of an entire solar installation and ensures that an investment in solar is cash-flow positive from day one. Freedom Solar Financial Services, the first solar financial vehicle of its kind in Texas, has raised […] Read more
