After RE-Rich States, UP Emerges As The New Solar Park Hub Updated On Tue, Aug 6th, 2024 by Saurenergy Union Minister of State (MoS) for New and Renewable Energy and Power Shripad Yesso Naik recently updated Parliament on the state-wise penetration of solar parks across the country. The data shared by the minister detailed solar park projects developed in 13 states. An analysis of the data revealed that after the high penetration of solar […] Read more
News Briefs Aug 6-Nextracker Acquires Ojjio, BrightNight Raises $440 Million, Marinus Link Updated On Tue, Aug 6th, 2024 by Saurenergy Nextracker Acquires PV Foundation Maker Solar Pile International US based PV tracker major Nextracker has acquired US-based solar PV foundations supplier Solar Pile International (SPI) for US$48 million. This is Nextracker’s second acquisition of a solar foundation maker after Ojjio that was closed in June this year for $120 million. Announcing the acquisition during Nextracker’s […] Read more
Karnataka: KERC Asks Discoms To Check Faulty Open Access Bills Updated On Tue, Aug 6th, 2024 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC) has now expressed its displeasure over faulty open access bills for the power consumers in Karnataka. This comes after the state power regulator has asked the discoms to use automatic bill generations by ensuring adjustment of the wheeled energy. “The Commission notes with pleasure that the above directions (2023 […] Read more
UPNEDA Issues Tender For Solar Energy-Based Drinking Water Kiosks Updated On Tue, Aug 6th, 2024 by Saurenergy The Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) has issued a tender for the installation of 20 solar-powered kiosks. This tender covers the supply, erection, testing, and commissioning of solar-based drinking water kiosks across various solar cities in Uttar Pradesh. The contract includes comprehensive warranty maintenance for a period of 5 years. The […] Read more
Adani Energy Solutions Raises Rs 8,373 Crore From QIP Route Updated On Tue, Aug 6th, 2024 by Saurenergy Gujarat-based Adani Energy Solutions Limited (AESL), recently completed its Rs 8,373 crores (USD 1 billion) Qualified Institutional Placement (QIP). This QIP marks AESL’s first equity raise in the capital market since its demerger and listing from Adani Enterprises Limited (AEL) in July 2015. Adani Energy has a base deal size of Rs. 5,861 crore (USD […] Read more
SECI Issued 8.4 GW Green Project Tenders In 2023-24: Data Updated On Tue, Aug 6th, 2024 by Saurenergy The Solar Energy Corporation of India Limited (SECI) in its recent statement said that it has been able to issue renewable energy tenders of upto 8440 MW in 2023-24. The central tendering authority recently talked about its annual performance in the last fiscal year. It also declared financial results of the company. “In FY24, SECI […] Read more
Italy To Add GW Plus HJT Manufacturing With Chinese Specialist Huasun Updated On Tue, Aug 6th, 2024 by Saurenergy Italy, one of the few European countries with a long history of solar manufacturing, is set to add a further GW plus of manufacturing for Wafers, cells and modules, using HJT (Heterojunction) Technology. The deal was signed between local player BEE Solar and Chinese HJT specialist, Huasun Energy. HJT, widely perceived as the more expensive […] Read more
IITM Research Park Launches 1MWh Battery Storage System Updated On Mon, Aug 5th, 2024 by Saurenergy On August 5, 2024, the Indian Institute of Technology Madras (IITM) research park launched the first-of-its-kind large-scale 1MWh lithium-ion battery storage system. The launch was done in the presence of Michelle Lujan Grisham, Governor of New Mexico. The storage system, designed and developed by the Center for Excellence in Energy & Telecommunications (CEET) is part […] Read more
Green Stocks August 5: Market Crash Singes Green Energy Stocks Too Updated On Mon, Aug 5th, 2024 by Saurenergy On a day when global markets were roiled by multiple issues ranging from the escalation of Middle East hostilities to the US-Japan carry trade, India’s markets too bent to the global winds. As the nifty dropped over 2.5%, green energy stocks, the market’s favorites during the sharp rise seen this year, suffered, with developers, EPC’s, […] Read more
