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
SMA Solar receives order for 616MW of solar inverters from Greenko in India Updated On Tue, Dec 6th, 2016 by Saurenergy SMA Solar Technology AG (SMA) and Greenko Energies Pvt Ltd, a market leader, owner and operator of clean energy projects in India, have signed contracts for the supply of 616 MW of Sunny Central 1000CP XT inverters from SMA. With the inverters, Greenko will realize PV power plants in the Indian states of Karnataka and […] Read more
Lightsource aims to setup 1GW of Solar PV Projects in India Updated On Tue, Dec 6th, 2016 by Saurenergy UK-based Lightsource has come out with plans to set up large-scale solar power projects in the budding solar power market of India over the next few years. Lightsource Renewable Energy Ltd Managing Director and Head India Operations Rupesh Agarwal has stated that the company is looking to invest Rs 6500 crore (US$960 million) over the […] Read more
Canadian Solar Closes Financing For 55 Megawatt Yamaguchi Shin Mine Solar Power Project in Japan Updated On Tue, Dec 6th, 2016 by Saurenergy Canadian Solar Inc. (the “Company”, or “Canadian Solar”) (NASDAQ: CSIQ), one of the world’s largest solar power companies, today announced that it has closed JPY14.9 billion (US$141.5 million) senior and subordinate non-recourse term loan facilities to finance the construction and operation of a 55 MWp solar power plant in the Yamaguchi prefecture, Japan. The facilities […] Read more
Solar Accounts For 1% Of Total Power Generated In India In First Half Of FY 2016-17: Mercom Capital Updated On Mon, Dec 5th, 2016 by Saurenergy Marcom Capital in its latest report has revealed that solar energy accounts for almost 1% of total power generated in the country. 5,791.54 million Units of electricity produced in the country during the six-month period from April to September, 2016, the research firm quotes Central Electricity Authority (CEA) stated. The firm note that in the […] Read more
Oxford PV Signs JDA With a Global Manufacturer Of Solar Cells And Modules Updated On Sat, Dec 3rd, 2016 by Saurenergy Oxford Photovoltaics has announced the signing of a Joint Development Agreement (JDA) with a global manufacturer of solar cells and modules. Under the agreement both the companies will work together to further develop Oxford PV’s perovskite-based solar technology – taking it from lab scale to manufacturing-ready status. Oxford PV touts that it holds the world’s […] 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
Government has formulated Integrated Energy Policy covering all sources of Energy: Piyush Goyal Updated On Thu, Dec 1st, 2016 by Saurenergy Minister of State (IC) for Power, Coal, New and Renewable Energy and Mines, Piyush Goyal in a written reply to a question in the Lok Sabha said that Government has framed an Integrated Energy Policy (IEP) document that gives a roadmap to develop energy supply options and increased exploitation of renewable energy sources. Additionally, for […] 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