China Module Exports Grow 112% to 37.2 GW In Jan-Mar 2022, Thanks To Europe, India Updated On Fri, May 6th, 2022 by Saurenergy Export data from the China Customs compiled by Taiwan based researcher PV InfoLink shows that China exported 9.6 GW, 14.0 GW, and 13.6 GW of modules respectively in the first three months of the year, totaling 37.2 GW of export volume in the first quarter this year, a 112% of YoY increase. The numbers validate […] Read more
SECI’s Tranche V Hybrid Auction for 1200 MW Goes At Rs 2.53/Unit Updated On Fri, May 6th, 2022 by Saurenergy In results that most industry watchers will consider more than good enough, SECI has managed to attract winning bids at Rs 2.53/unit from Tata Power, NTPC and AMP Energy at Rs 2.53 each for it 1200 MW Hybrid auction. The winning bids, while higher than the last Hybrid auction which attracted bids at Rs 2.34 […] Read more
Shell Signs Agreement To Acquire Sprng Energy Group For $1.55 Billion Updated On Fri, Apr 29th, 2022 by Saurenergy Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies. Sprng Energy supplies solar and wind power to electricity distribution companies in India. Its […] Read more
SECI Extends Deadline for Floating Solar At Getalsud Dam, Ranchi Updated On Fri, Apr 29th, 2022 by Saurenergy The Solar Energy Corporation of India (SECI) has extended the last date for submission of bids for the Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 100 MW (AC) Floating Solar PV Project having 10 years plant O&M at Getalsud Dam, Ranchi, Jharkhand. Like most large floating solar projects, plans for a plant at […] Read more
Ahmedabad based Tirex Transmission Secures funding of $2 Million Updated On Fri, Apr 22nd, 2022 by Saurenergy TIREX Transmission, a firm focused on EV charger manufacturing has announced the infusion of $2million from an ultra HNI investor. This $2 million funding will fuel Tirex Transmisson Private Limited’s Growth and R&D efforts for international markets where USA is the first country of focus. Founded by Sanskar Patel, Tirex Transmisson Private Limited started its […] Read more
Draft Battery Swapping Policy From Niti Aayog- Key Points Updated On Fri, Apr 22nd, 2022 by Saurenergy The much awaited Draft Battery Swapping Policy is finally out. Released by the Niti Aayog, the new policy is widely expected to give a push to the EV transition, by helping add incentives for manufacturers, lower costs for consumers, and setting standards for interoperable batteries. A battery swapping policy is seen by many experts as […] Read more
NSEFI Pitches For Wind Parity, For Part Commissioning Of Solar Projects In 10 MW Lots Updated On Mon, Apr 18th, 2022 by Saurenergy The National Solar Energy federation of India (NSEFI), the premier developer led body in the Solar sector, has made a fresh pitch to the MNRE for allowing part commissioning of solar projects in lots of 10 MW each. In a letter dated April 16, to Indu Shekhar Chaturvedi, Secretary, MNRE, the Solar body has reiterated […] Read more
Renewable PPA’s In Europe Surge 8.1% QoQ Updated On Wed, Apr 13th, 2022 by Saurenergy European renewable PPA prices surged 8.1% quarter over quarter and 27.5% year over year, with the crisis in Ukraine the latest development to the deepening energy crisis, according to LevelTen Energy’s European Q1 2022 PPA Price Index, released today. Despite this uncertainty, demand for renewables has remained strong causing a shortage of projects for buyers. The […] Read more
The Discom Love For EV charging Versus Rooftop Solar Illustrates The Challenge For Solar Updated On Tue, Apr 12th, 2022 by Saurenergy As the world moves well into 2022, possibly one of the hottest years in a lifetime for most people on the planet, it is an important time for introspection here in India. Introspection is needed on just why and how we missed our renewable energy targets, especially those pertaining to solar power. After all, 2022 […] Read more