Which States Have the Highest Solar Energy Potential in India? Updated On Thu, Jun 4th, 2020 by Saurenergy The solar energy generation potential in a specific area can be assessed based on factors like availability of land, solar radiation etc. The National Institute of Solar Energy (NISE), an apex institute of Ministry of New & Renewable Energy (MNRE), has estimated the potential of solar power in the country to be around 750 GWp. […] Read more
RK Singh Unveils Real Time Market in Electricity; India Now in Few Global Markets Updated On Wed, Jun 3rd, 2020 by Saurenergy Power and New & Renewable Energy Minister RK Singh have launched the pan-India Real-Time Market (RTM) in electricity, placing India amongst a league of few electricity markets in the world having such system. RK Singh has launched the RTM through video conference in New Delhi, on Wednesday. On explaining the significance of the RTM, RK […] Read more
LONGi, Dupont Ink Strategic Cooperation Pact to Develop High-Quality Modules Updated On Wed, Jun 3rd, 2020 by Saurenergy With an aim to jointly develop high-quality modules, LONGi, Chinese solar photovoltaic (PV) module manufacturer, has entered into a strategic cooperation pact with DuPont, which has a strong presence in backsheets, metallisation pastes and sealant market for solar installations, in Shanghai. As per the agreement signed, the two companies aimed to high-quality develop modules via efficient […] Read more
ReneSola Signs Supply Pact with Zhejiang XunNeng for 800 MW Solar Modules Updated On Wed, Jun 3rd, 2020 by Saurenergy ReneSola, a leading solar photovoltaic (PV) module manufacturer, has entered into a framework agreement with Zhejiang XunNeng, a project developer, for the supply of 800 MW capacity of modules for the years 2020 and 2021. On the basis of their earlier successful cooperation, both the companies have decided to further extend their business relationship by […] Read more
DESRI Acquires 100 MW Utah Solar Project from Community Energy Updated On Wed, Jun 3rd, 2020 by Saurenergy In continuation of its 5th transaction with Community Energy, D. E. Shaw Renewable Investments (DESRI) has acquired the Hunter solar project of 100 MW capacity in Utah from a Pennsylvania-headquartered renewable energy project developer. Besides acquisition, DESRI has also closed on the financing and a tax equity commitment for this solar project. Further, this Hunter […] Read more
Draft Tariff Policy Can Revolutionise Power Sector Updated On Wed, Jun 3rd, 2020 by Saurenergy The proposal to end tariff differentiation is a much-needed reform in the power sector but the key to reaping real benefits of the move lies in its implementation and involvement of consumers in the reform process, as said by the Pradeep S. Mehta founded non-profit Indian think tank. CUTS International is a Jaipur-headquartered organisation and […] Read more
Sterling & Wilson Becomes 1st Indian Company to Commission Solar Project in Oman Updated On Tue, Jun 2nd, 2020 by Saurenergy Adding another feather in its cap, Sterling and Wilson Solar Ltd, one of the largest solar EPC solutions providers worldwide, commissioned its first 125 MW solar energy project in Oman and become the first Indian company to commission a photovoltaic (PV) project in the region. Commenting on the landmark achievement, Bikesh Ogra, Director and Global CEO of Sterling […] Read more
Solar Manufacturers Support Vocal-for-Local Program; Seek Level-Playing Field Updated On Tue, Jun 2nd, 2020 by Saurenergy The country’s leading solar photovoltaic (PV) manufacturers, including RenewSys, Vikram Solar and Webel Solar, have extended their support to Prime Minister Narendra Modi’s recent call for Vocal-for-Local program. However, they sought level-playing field for all irrespective of the area within the country. By welcoming the government’s move, Avinash Hiranandani, Global CEO & Managing Director of […] Read more
PFC Incorporates 5 SPVs for Evacuating Renewable Energy Updated On Tue, Jun 2nd, 2020 by Saurenergy State-owned power sector lender Power Finance Corporation Ltd (PFC) has incorporated, via its arm PFC Consulting, five of the project-specific special purpose vehicle (SPV) companies. These SPVs will facilitate the evacuation of renewable energy from the states of Andhra Pradesh and Rajasthan. PFC said that “5 Special Purpose Vehicle (SPV) companies have been incorporated as wholly-owned subsidiaries […] Read more