Canadian Solar Closes GBP41.9 Million Financing with BayernLB Updated On Sat, Dec 30th, 2017 by Saurenergy The solar power portfolio, consisting of 10 operating solar power plants totaling 52.2 MWp, was accredited under the UK’s Renewable Obligation Certificate scheme. Canadian Solar Inc., one of the world’s largest solar power companies, today announced that it has closed a GBP41.9 million (US$56 million) non-recourse project finance facility with BayernLB. This financing arrangement is […] Read more
Scientists Elevate Quantum Dot Solar Cell World Record Updated On Sat, Dec 30th, 2017 by Saurenergy Researchers at the U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) established a new world efficiency record for quantum dot solar cells, at 13.4 percent. Colloidal quantum dots are electronic materials and because of their astonishingly small size (typically 3-20 nanometers in dimension) they possess fascinating optical properties. Quantum dot solar cells emerged […] Read more
Solar Power Plant Begins Operation in Jordan’s Madunah Updated On Fri, Dec 29th, 2017 by Saurenergy The solar project under Royal directives was carried out with the aim of meeting the energy needs of national institutions. King Abdullah Royal Court Secretary General Yousef Issawi, head of the follow-up committee for the implementation of Royal initiatives, has opened the second phase of a solar power plant in Al Madunah, the Jordan News […] Read more
Andhra Pradesh Seeks Rs 30,000 Crore Investment in Electric Vehicles Industry Updated On Fri, Dec 29th, 2017 by Saurenergy The state expects to put in place an electric vehicles policy by next month, ahead of a proposed framework by the central government. Andhra Pradesh is seeking to attract Rs 30,000 crore of investments in the electric vehicles industry through a raft of incentives that would include capital subsidies to automakers and charging-equipment manufacturers, helping […] Read more
Greenbacker Acquires to be Constructed 26 MW Solar Project in California Updated On Fri, Dec 29th, 2017 by Saurenergy Once operational, Midway III will sell all the power generated to a large California utility through a 20-year fixed-price power purchase agreement. Greenbacker Renewable Energy Company LLC says it has purchased Midway III, to be constructed 26 megawatt solar project in California from Solar Frontier Americas Holdings LLC through a wholly-owned subsidiary. Midway III is […] Read more
Columbia Engineers Develop Floating Solar Fuels Rig for Seawater Electrolysis Updated On Fri, Dec 29th, 2017 by Saurenergy The electrolyzer component of this device is based on a simple, membraneless design that enables efficient operation with high product purity and without active pumping of the electrolyte. In a single hour, more energy from the sun hits the Earth than all the energy used by humankind in an entire year. Imagine if the sun’s […] Read more
Nestlé to Install 7MW Solar PV Rooftop at Dubai Factories Updated On Thu, Dec 28th, 2017 by Saurenergy The installation of rooftop solar PVis in accordance with Nestlé’s commitment to the RE100 initiative, a global collaborative initiative of influential businesses committed to using 100% renewable energy. Nestlé has signed agreements, witnessed by HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), with Yellow Door Energy, Dubai’s leading […] Read more
Concentrating Solar Power Market Expected to Reach 8.9 Billion Dollars by 2025 Updated On Thu, Dec 28th, 2017 by Saurenergy Growing electricity demand along with rising investments to augment the efficiency index will provide an impetus to the concentrated solar power market growth. The global concentrated solar power market is predicted to reach USD 8.92 billion by 2025. Increasing awareness about renewable energy along with government regulations to control growing carbon footprint is further propelling […] Read more
Year End Review 2017 –MNRE Updated On Wed, Dec 27th, 2017 by Saurenergy Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […] Read more