First Solar Q4 Results Continue To Wait On India Surge, Ships 14.1 GW Worldwide Updated On Fri, Feb 28th, 2025 by Saurenergy First Solar, Inc. has announced financial results for the fourth quarter and year ended December 31, 2024. The US-based company’s net sales for the fourth quarter were $1.5 billion, an increase of $0.6 billion from the prior quarter. The increase was primarily a result of increased module sales in the fourth quarter. In an earnings […] Read more
As Range Anxiety Recedes, Enter Charging Anxiety For EVs In India Updated On Mon, Feb 24th, 2025 by Saurenergy Personal mobility solutions are increasingly about clean, mean electric machines. In India, that means big, bold, and beautiful electric crossover vehicles and SUVs offering the latest in battery tech, safety tech, and comfort tech that promise to go longer and higher on a full charge. As EV Range Improves… More importantly, improving batteries and battery […] Read more
Now, a Solar Soundbox From PayTm Updated On Fri, Feb 21st, 2025 by Saurenergy Leading payments and financial distribution firm Paytm has launched what it terms India’s First Solar Soundbox for Merchants, a Green Innovation that Harnesses Sustainable Energy for Full-Day Power. The PayTm app enables users to link their bank accounts and create UPI handles for seamless payments. Paytm has been a pioneer of QR codes, Soundbox, and […] Read more
MoP Advises REIAs To Co-Locate ESS With Solar Plants In Upcoming Tenders Updated On Wed, Feb 19th, 2025 by Saurenergy The Ministry of Power (MoP) has released an advisory on the co-location of energy storage systems (ESS) with solar plants. Its latest advisory aims to incorporate a minimum of a 2-hour co-located Energy Storage System (ESS) equivalent to 10% of installed solar capacity in future tenders. The notification stated, “This requirement will help mitigate intermittency […] Read more
Maharashtra Discom Stumps Consumers Again With Anti-Solar Move In Tariff Proposal Updated On Tue, Feb 18th, 2025 by Saurenergy One of the reasons Maharashtra has been a relative underperformer in Solar has been the approach taken by key discoms in the state, notable the MSEDCL or Maharashtra State Electricity Distribution Company Limited towards the clean source of energy. From earlier efforts to limit net metering, to favouring gross metering, the MSEDCL has usually made […] Read more
45% Of Households Benefit From CFA Under PM Surya Ghar: MNRE Updated On Fri, Feb 7th, 2025 by Saurenergy The Union Minister of New and Renewable Energy (MNRE) has shared details of the households that benefitted through the installation of rooftop solar plants. When asked about the number of rooftop solar installations done under the PM Surya Ghar Muft Bijli Yojana (PMSGMBY) till now, the minister stated, “ Under the PM Surya Ghar: Muft […] Read more
CERC Adopts Tariff For 600 MW Unsold Energy From SECI Updated On Tue, Feb 4th, 2025 by Saurenergy In a welcome development for SECI (Solar Energy Corporation of India) and related stakeholders, the Central Electricity Regulatory Commission (CERC) agreed to adopt the tariff for the full tranche of 900 MW of capacity, even as SECI has tied up for PPAs and PSAs for just 300 MW at the time of the order. The […] Read more
Tata Steel Slips Up On RPO Obligations In Jharkhand, Penalised Updated On Tue, Jan 28th, 2025 by Saurenergy In an order involving Tata Steel and the JSERC versus Green Energy Association, the Appellate Tribunal For Electricity (APTEL) has ruled against the exemption from Renewable Purchase Obligation (RPO) for Tata Steel during the years 2011-14. The main issue was Tata Steel’s contention that its captive cogeneration exceeded the RPO requirement, an argument that managed […] Read more
With a Vision For 8 GW, Essar Renewables In 2 GW MoU With Maha Govt Updated On Thu, Jan 23rd, 2025 by Saurenergy Essar Renewables Ltd (ERL), the Essar groups venture into the green energy sector, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra at the World Economic Forum (WEF) in Davos. The MoU paves the way for Essar Renewables’ proposed investment in the state, with plans to develop 2 GW of renewable energy […] Read more