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
Demonetization hits solar power bids in Tamil Nadu Updated On Fri, Nov 25th, 2016 by Saurenergy Demonetization has hit solar power tenders in Tamil Nadu with many developers unable to put down large volumes of cash needed to purchase the land required. Out of 500MW for which Tamil Nadu Generation and Distribution Corporation (TANGEDCO) floated tenders early this month, 20 bids for only 116MW have been received. For presenting a bid […] Read more
ACME Cleantech raises Rs500 crore from Piramal Enterprises Ltd: Report Updated On Fri, Nov 25th, 2016 by Saurenergy ACME Cleantech Solutions Pvt. Ltd has reportedly raised Rs500 crore from Piramal Enterprises Ltd. According to Live Mint the investment in ACME was done by Piramal Enterprises’s Structured Finance Group. Speaking to the publication Nikhil Dhingra, group director for finance, ACME said “The funds are being used for funding the working capital requirements of the […] Read more
India Solar Rooftop Market By State By End User By Connectivity Forecast and Opportunities, 2021 Updated On Fri, Nov 25th, 2016 by Saurenergy India’s solar power potential within the country’s geographical limits is high as majority of the geographical area lies within the tropics. As per the Census of India 2011 and Wasteland Atlas of India 2011, the total solar power capacity in the country stood at 748 GW, which is more than twice of the country’s total […] Read more
Industry’s Aspirations on Solar Blueprint Updated On Fri, Nov 25th, 2016 by Saurenergy Every year India faces severe electricity shortage, to meet the rapidly growing demand the country needs a massive addition in capacity. And to sustain the pace of economic growth with a commitment towards the reduction of greenhouse gases, India has to cut its dependency on fossil fuels for electrification. Therefore solar power installations in India […] Read more
MNRE & MASDAR in UAE are jointly organizing a conference and exhibition in UAE on RE opportunities in India Updated On Fri, Nov 25th, 2016 by Saurenergy Ministry of New and Renewable Energy (MNRE) & Abu Dhabi government agency MASDAR in the UAE are jointly organizing a conference and exhibition that focuses on renewable energy opportunities in India. MNRE India delegation will be led by Piyush Goyal, Hon’ble Minister of State for Coal, Power, New and Renewable Energy, Government of India. In […] Read more
ReNew Power acquires 49MW of rooftop solar tender from SECI Updated On Thu, Nov 24th, 2016 by Saurenergy ReNew Power Ventures has bagged the highest number of projects under a mega tender of 500 megawatts rooftop solar capacity floated by Solar Energy Corporation of India Limited (SECI). The tender was targeted towards institutional — schools, colleges, universities and residential buildings. It was aimed at promoting rooftop solar setups in these sectors. Around 130 […] Read more
Niti Aayog to go beyond traditional areas of planning, to promote solar rooftop initiative Updated On Wed, Nov 23rd, 2016 by Saurenergy Niti Aayog will broaden its purview to go beyond the traditional areas of planning and look at internal security, defense, social and development goals. “Niti Aayog has initiated an exercise to formulate vision and strategy for the period beyond the 12th Five Year Plan (which ends in March 2017),” Minister of State for Urban Development […] Read more
Tesla, SolarCity Powering entire Island of Ta’u in American Samoa with solar power Updated On Wed, Nov 23rd, 2016 by Saurenergy Tesla has revealed that with SolarCity it is powering nearly the entire island of Ta’u in American Samoa with solar power. Tesla officially acquired SolarCity on Monday. SolarCity in a blog notes that Ta’u now hosts a solar power and battery storage-enabled microgrid that can supply nearly 100 percent of the island’s power needs from […] Read more
