Credit Quality Of Large Indian Renewable Players Intact, Says Moody’s Updated On Wed, Mar 10th, 2021 by Saurenergy Moody’s Investor Service, the global credit ratings firm, has been reported to have declared that the credit quality of Indian renewable energy firms remains intact, post the end of the 2019 and 2019 financial years. Or till the period ending March 2020. The firm’s report has included 5 of the largest rated renewable firms in […] Read more
Norwegian Li-ion Battery Major Freyr Gets Govt Grant To Scale Up Updated On Thu, Mar 4th, 2021 by Saurenergy Norway’s Freyr battery (no connection to solar EPC Freyr Energy Services in India) has received a grant from Norway’s ministry of climate and environment, through Enova SF, of NOK-142-million (Rs 1300 crores) to start work on a clean battery cell production plant in Mo i Rana, Nordland county. Freyr AS has set a target of […] Read more
Russia To Go With Domestically Sourced HJT Modules for Largest Solar Project Updated On Thu, Mar 4th, 2021 by Saurenergy Russia, a laggard among major economies when it comes to solar adoption, will be using HJT (Heterojunction) solar panels from domestic firm Hevel Solar for its largest solar plant. Hevel Group with its factory in Novocheboksarsk, Russia produces 340 MW of HJT solar modules per year, after a recent capacity expansion. The firm claims to […] Read more
Maha Regulator Dismisses BEST Plea For ‘Limited Open Access’ Updated On Tue, Mar 2nd, 2021 by Saurenergy In an order published just before the weekend started last week, the Maharashtra Electricity Regulatory Commission (MERC) has dismissed a petition by BEST, one of two Mumbai discoms, wherein BEST had requested for allowing limited Open Access in its area of supply and for determining and allowing Open Access charges and other fees and charges. […] Read more
Global Solar Capacity Set to Exceed 150 GW in 2021 Updated On Tue, Mar 2nd, 2021 by Saurenergy With an expected 150 GW of fresh solar capacity to be added in 2021, solar will continue to strengthen its place as the biggest contributor to fresh capacity additions worldwide in 2021. With almost 40 GW added in 2020, numbers that defied multiple predictions of hits from the Coronavirus pandemic, markets such as the US, […] Read more
Floating Solar On A Growth Path To 2027, Says TMR Updated On Tue, Mar 2nd, 2021 by Saurenergy Transparency market Research, a market intelligence firm, has predicted a strong 43 percent CAGR growth for floating solar between 2019 and 2027. According to the firm, no large land requirement, decrease in evaporation, and massive power generation are some of the important benefits that will influence the growth of the floating solar panels market. Floating […] Read more
BCD Announcement This Week? Speculation Reaches Fever Pitch, Again Updated On Tue, Mar 2nd, 2021 by Saurenergy A report in BusinessLine, quoting sources in the MNRE, has speculated on the possibility of Basic Customs Duty (BCD) on modules and solar cells finally being announced this week. Readers will recall that the announcement was widely expected in the Union Budget in February, but was conspicuously missing. The report quotes its sources as saying […] Read more
Solar Cleaning Start-up Solavio Labs Gets Funding from Canadian Province Updated On Fri, Feb 19th, 2021 by Saurenergy Solavio Labs, an Indian clean tech start-up innovating in the solar panel cleaning technology space has announced the completion of funding from Canadian Province – New Brunswick for Rs 40,60,000 taking their total fund raised to Rs 2 crores. This marks Solavio Labs as the only Indian start-up in the clean tech space to receive […] Read more
Hope Rules Over Policy as PM Modi Harks to 40 GW Rooftop Solar by 2022 Updated On Fri, Feb 19th, 2021 by Saurenergy If there was ever a case of hope triumphing policy for India’s struggling rooftop solar sector, then PM Modi’s statement on the country reaching 40 GW of rooftop solar by 2022 must come as a massive boost. Or maybe the industry is simply smarter than that. For out of the 100 GW solar target for […] Read more
