Rising Market Cap Fuels Acquisition Ambitions For US Renewable Energy Firms Updated On Tue, Nov 10th, 2020 by Saurenergy Early in October this year, NextEra Energy, a renewable energy firm with almost 18 GW of solar and wind plants till last year, overtook Exxon Mobil in market cap for the first time ever. The event marked both the rising tide for renewable energy firms seen as leading the new energy transition, and the mark […] Read more
As India Presses for Domestic Manufacturing, Bifacial Modules Should Get Their Due Updated On Wed, Sep 16th, 2020 by Saurenergy At last count, over 12 GW of manufacturing announcements or at least an intent to manufacture solar cells and modules had been announced in India. The names include firms with an established record for execution, as well as firms that are building one now. From the Adani Group, to Azure Power, Renew Power, to Tata […] Read more
Access To Capital Markets Becoming a Glaring Gap For Indian Solar Firms Updated On Fri, Sep 11th, 2020 by Saurenergy This week, Suzhou, China-based GoodWe inverters celebrated its listing on the Shanghai stock market, coincidentally on its 10th anniversary. For the well-known inverter firm, the pubic listing is an obvious matter of pride, besides the huge new opportunities it opens up for it. “The IPO marks the beginning of a new chapter,” said Daniel Huang, […] Read more
Amp Energy India Appoints Surendra Gupta as Director and CFO Updated On Wed, Sep 2nd, 2020 by Saurenergy Amp Energy India has appointed industry veteran Surendra Gupta as Director and CFO to lead the finance function amid its India expansion plans. Amp Energy India, a leading renewable energy company has announced that it has appointed industry veteran Surendra Gupta as Director and Chief Financial Officer (CFO) to lead the finance function amid its […] Read more
Indian Railways Begins Talks With key Solar Industry Players Updated On Sat, Aug 29th, 2020 by Saurenergy Piyush Goyal has held a meeting with stakeholders in the solar sector and discussed innovative solutions for setting up solar projects along railways tracks. As part of the Indian Railways‘ plan to become a net-zero carbon emitter by 2030, Railway Minister Piyush Goyal has held a meeting with stakeholders in the solar power sector and discussed innovative […] Read more
SPDA Makes a Case for 18 Month Deferment of BCD On Solar Equipment Updated On Fri, Aug 28th, 2020 by Saurenergy Just a week after the manufacturers association, the All India Solar Industries Association (AISIA) made a plea for 50 percent BCD at the earliest, comes the rejoinder from Solar Power Developers Association (SPDA). The SPDA is a national association representing India’s ‘upcoming’ solar power generators and developers, and says that the Government must reconsider its […] Read more
SECI Releases ₹520 Crores To developers in July Updated On Fri, Aug 28th, 2020 by Saurenergy At a time when the stress due to overdues from discoms, besides multiple other factors has got the industry on edge, SECI (Solar Energy Corporation Of India) has released a statement that claims ₹520 crores have been released to developers for payments against wind and solar energy generation. This represents about 75 percent of the […] Read more
India’s Stuttering Solar Progress Grinds To a Halt With COVID-19 Updated On Thu, Aug 20th, 2020 by Saurenergy Two latest reports by independent research agencies in the Indian renewable energy segment have revealed that the first half of the year (H1 2020) only saw a total of between 1 GW and 1.3 GW of new solar installations in India. While the full year installations expected to reach 3.5 GW (4.5 GW with rooftop) […] Read more
4 Winners in NTPC’s 1.2 GW Solar Tender, Winning Bid at Rs 2.43/kWh Updated On Fri, Aug 7th, 2020 by Saurenergy NTPC Ltd has concluded the e-reverse auction for its 1.2 GW solar tender awarding capacity to 4 winners in O2 Power, Tata Power, Azure Power, and AMP Energy NTPC Ltd has concluded the e-reverse auction for its tender for the selection of solar power developers for setting up 1.2 GW ISTS-Connected solar PV power projects […] Read more
