Spain’s Gonvarri Solar Steel to Supply 205.8 MW Trackers for Seville Project Updated On Thu, Oct 12th, 2023 by Saurenergy Spanish firm, Gonvarri Solar Steel, will be responsible for the supply of 205.8 MW of its TracSmarT+ 1V trackers for a solar project in Seville, Spain. The supply will boast 2,924 solar trackers in single-row and dual-row configurations. It will curb emission of 82,788 tons of carbon dioxide into the atmosphere. With the said project, […] Read more
India Requires $350-400bn For Its Clean Energy Ambitions: Report Updated On Thu, Oct 12th, 2023 by Saurenergy A latest KPMG report said India would require around USD 350-400 billion annually by 2047 for its clean energy ambitions. The report was released recently under the presence of Union Minister Hardeep Singh Puri in New Delhi. The report said the need for high-speed and large-scale energy transition offered investment opportunities. It said climate change […] Read more
Rayzon Solar Introduces TOPCOn Technology with 585W Capacity Updated On Thu, Oct 12th, 2023 by Saurenergy Indian solar panel manufacturer, Rayzon Solar has now introduced its TOPCon technology. It featured a 585-watt power output with the new technology, used to make higher efficiency solar modules. It was launched in the recently-held Renewable Energy India (REI) expo at Greater Noida. Rayzon Solar said that the expo provided an ideal platform for Rayzon […] Read more
TopCon Technology: The Next Big Thing in Solar Module Manufacturing Updated On Wed, Oct 11th, 2023 by Saurenergy A latest report by the National Renewable Energy Laboratory (NREL) says that TopCon solar cells have achieved up to 28% conversion efficiencies, surpassing traditional solar cells’ efficiencies. And we are here to witness the evolution. The solar industry to improve and evolve has been witnessing rapid advancements in technology which is mainly aiming for efficiency […] Read more
Vikram Solar Appoints Sabyasachi Biswas as Senior Vice President-Digital Transformation Updated On Wed, Oct 11th, 2023 by Saurenergy Vikram Solar Ltd, a prominent player in the solar energy sector today announced the appointment of Sabyasachi Biswas as Senior Vice-President for Digtal Transformation. In his role, Sabyasachi will make the strategic implementation of digital initiatives within the organization. With over two decades of experience, Sabyasachi Biswas has demonstrated leadership in key markets worldwide, including […] Read more
Cabinet Approves Change In MMDR Norms To Specify Royalty For Lithium Updated On Wed, Oct 11th, 2023 by Saurenergy Union Cabinet chaired by the Prime Minister Narendra Modi today approved amendment of Second Schedule of the Mines and Minerals (Development and Regulation) Act, 1957 (‘MMDR Act’). The amendment was meant for specifying rate of royalty for three critical and strategic minerals–Lithium, Niobium and Rare Earth Elements (REEs). Recently, the Mines and Minerals (Development and […] Read more
India Ratings Downgrades SWREL to Default Grade Updated On Wed, Oct 11th, 2023 by Saurenergy In a move that is likely to shock, if not surprise quite a few in the industry, India Ratings and Research (Ind-Ra) has downgraded Sterling and Wilson Renewable Energy Limited’s (SWREL) bank facilities’ ratings to ‘IND D’ from ‘IND BB-’ while resolving the Rating Watch with Negative Implications. According to India Ratings, the key […] Read more
Finnish Energy Tech Firm Capalo AI Raises Pre-Seed Funding Worth €500,000 Updated On Wed, Oct 11th, 2023 by Saurenergy Finnish energy tech startup Capalo AI has raised €500,000 in pre-seed funding. The funding round was led by Innovestor Tech Fund, with Inventure also participating. Capalo AI will use the funding to further develop its virtual power plant (VPP) and multi-market optimization AI, as well as scale up its team with talented mathematicians and cloud service professionals. With the […] Read more
RE Generators Selling Power At Power Exchanges Can Issue REC: CERC Updated On Wed, Oct 11th, 2023 by Saurenergy In its latest order, the Central Electricity Regulatory Commission (CERC) clarified that renewable energy generators are entitled to Renewable Energy Certificates (REC) if they sell their power under the conventional market contracts of power exchanges. The order came to the fore after Indian Energy Exchange Limited (IEX) moved the Commission seeking approval for the changes made […] Read more
