As Chinese Wind Turbine Makers Call Truce On Price Wars, Could Solar Follow? Updated On Fri, Oct 18th, 2024 by Saurenergy In a clear indication of the extraordinary efforts being made in China to stem the losses or low profitability in its renewable energy manufacturing sectors, a conference on Wind Energy in Beijing saw 12 of the country’s leading wind turbine firms sign a truce. Four of the world’s top 5 wind turbine makers are Chinese, […] Read more
Coal Generation To Remain 30% Higher Than Solar Generation: IEA Updated On Thu, Oct 17th, 2024 by Saurenergy Despite continuous effort to add more renewable energy capacity, International Energy Agency’s (IEA) latest report found that coal dependence continues to persist. IEA world energy outlook report found, “Generation from coal remains over 30% higher than that from solar PV, even in a decade in which solar PV accounts for twice as much capacity, owing […] Read more
Azure Completes Rs 2400 cr Refinancing Updated On Thu, Oct 17th, 2024 by Saurenergy Azure Power Global Limited, has announced the successful completion of its ₹24 billion refinancing transaction, structured as an INR Term Loan underwritten solely by REC Limited. Following this transaction, the company has successfully prepaid its Green Bonds, originally issued in 2019 for $350 million and backed by 10 solar projects commissioned between 2016 and 2019. […] Read more
AMPIN Achieves Financial Closure For 200MWp Hybrid Project Updated On Thu, Oct 17th, 2024 by Saurenergy Renewable energy company AMPIN Energy Transition has announced financial closure for its 200MWp Solar-Wind Hybrid project situated in the state of Rajasthan. The green loan financing for the project has been secured from Standard Chartered. The total investment for this project is valued at Rs 944 crores (~USD113 Million). Upon completion, the solar-wind hybrid plant is expected […] Read more
Alpex Solar Bags Rs 277cr Order For Solar Modules From PSU Updated On Thu, Oct 17th, 2024 by Saurenergy Alpex Solar Limited has bagged an additional order to the tune of Rs 277.19 crore from a leading PSU for the supply of solar panels. The company had, earlier this month, bagged an order worth Rs 247.96 crore from the same PSU thereby taking the total quantum to Rs 525.15 crore. The solar module manufacturing […] Read more
MERC Asks MSEDCL To Pay Delay Charges To Wind Power Firms Updated On Thu, Oct 17th, 2024 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) has ordered MSEDCL to pay delayed payment charges and penalty to the small wind power generators for delayed payments. The order came to light after a group of small wind power generators approached the state power regulator complaining about delayed payment from MSEDCL and defiance of earlier order of […] Read more
Microsoft, Google, and Now Amazon- Is Nuclear Hip Again? Updated On Thu, Oct 17th, 2024 by Saurenergy Last month, on September 20 came the news that Microsoft and Constellation Energy, the utility that owns Three Mile Island nuclear power facility, have inked a deal that would help restart Unit 1 at the Three Mile Island Nuclear Generating Station. the deal marked the first time a shuttered nuclear plant in the US was […] Read more
MNRE Issues Quality Control Order for Solar Water Heaters Updated On Thu, Oct 17th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE), in an important order that was long awaited by the industry, has issued an official Quality Control Order for Solar Water Heaters. With this, India joins a select group of countries that mandate a standard for Solar Water Heaters. Called the Solar Thermal Systems, Devices and Components […] Read more
Global Push For Lithium Intensifies To Meet Surging EV Demand: IRENA Updated On Thu, Oct 17th, 2024 by Saurenergy Critical minerals, especially lithium, have become key components in meeting the growing demand for electric vehicles (EV). These elements are essential to support the booming electric vehicle industry. Apart from lithium, which has witnessed a surge in demand, there has also been increased demand for other critical minerals like cobalt, graphite, and nickel, according to […] Read more
