Tender Issued for 25 MW Canal Top Solar Plants in Karnataka Updated On Thu, Jul 9th, 2020 by Saurenergy SSCL has tendered for setting up 25 MW solar plants on the Upper Tanga Canal Stretches passing through the Shivamogga City in Karnataka on DBFOT Basis. Shivamogga Smart City (SSCL) has issued a tender, inviting bids from eligible firms for setting up of 25 MW solar PV power plants on the Upper Tanga Canal Stretches […] Read more
Swelect Energy Systems Posts Rs 14.87 Crore Loss For March Quarter Updated On Thu, Jul 9th, 2020 by Saurenergy Swelect Energy Systems has issued its financial results for the January to March Quarter of 2020, reporting a consolidated net loss of Rs 14.87 crore. Indian solar module manufacturer Swelect Energy Systems has issued its financial results for the January to March Quarter of 2020, reporting a consolidated net loss of Rs 14.87 crore in […] Read more
Viability of Rs 2.36/Unit to Depend on Module Prices & Duty: ICRA Updated On Thu, Jul 9th, 2020 by Saurenergy The viability of the Rs 2.36/Unit tariffs are critically dependent on PV module prices and the proposed pass through on import duty, according to ICRA. The recently concluded tranche IX auction for inter-state transmission systems (ISTS) solar projects by the Solar Energy Corporation of India (SECI) yielded the lowest ever tariffs at Rs 2.36/unit, considerably […] Read more
Sterling and Wilson Solar Board Pushes for Security From Promoters Updated On Thu, Jul 9th, 2020 by Saurenergy The board of Sterling and Wilson Solar has asked company promoters to provide necessary security in respect of default on the loan installment of Rs 500 crore that was due on June 30. This was communicated by the firm in a release yesterday. The firm, which has been struggling with the issue of its promoters […] Read more
History Set To Be Rewritten In Indian EV Space, Says VC Analysis Updated On Wed, Jul 8th, 2020 by Saurenergy Naman Lahoty, part of the investment team at Stellaris Venture Partners, has authored a 3 part analysis on why the Indian EV market could follow a different route from the usual auto market, which has always favoured incumbents. A quick snapshot. In an insightful analysis based on interactions with over 150 ‘EV system participants’ Mr Lahoty goes on […] Read more
Sunrun-Vivint Deal the Largest Consolidation in Residential Solar History: WoodMac Updated On Wed, Jul 8th, 2020 by Saurenergy Sunrun has agreed to acquire Vivint Solar in an all-stock transaction, with the deal valued at USD 3.2 billion including debt. Commenting on the deal, Ravi Manghani, Wood Mackenzie Research Director, said: “Per Wood Mackenzie’s US PV Leaderboard, Sunrun and Vivint have been the #1 and #2 residential solar companies in the US for the […] Read more
NextEnergy Acquires First Asset in India, Solar Plant From IBC SOLAR Updated On Wed, Jul 8th, 2020 by Saurenergy NextPower III, NextEnergy Capital’s third institutional solar fund, has completed its first acquisition in India – a 27.4 MWp plant in Odisha from IBC SOLAR NextPower III, NextEnergy Capital’s third institutional solar fund, has announced that it has completed its first acquisition in India. The fund has acquired a 27.4 MWp plant in Odisha from […] Read more
SECI Tenders for 5 MW Solar Power Plant at Tuticorin Port Updated On Wed, Jul 8th, 2020 by Saurenergy SECI has issued a tender for setting up a 5 MW grid-connected solar PV power plant at the V. O. Chidambaranar Port Trust (VOCPT) in Tuticorin, Tamil Nadu. The Solar Energy Corporation of India (SECI) has issued a tender, inviting bids from eligible firms for setting up a 5 MW grid-connected solar PV power plant […] Read more
GoodWe Wins All Quality Matters Award for 5th Consecutive Year Updated On Wed, Jul 8th, 2020 by Saurenergy GoodWe has once again bagged the “All Quality Matters” award in recognition for the outstanding quality of its EH storage inverter and its MT C&I inverter. Leading manufacturer of solar inverters and energy storage solutions for home and commercial applications, GoodWe has announced that it has once again bagged the TÜV Rheinland’s “All Quality Matters” […] Read more
