Waaree Praises PLI but Says Indian PV Manufacturers Facing Challenges Updated On Tue, May 4th, 2021 by Saurenergy Mumbai-headquartered solar PV module manufacturer Waaree Group has expressed appreciation for the government’s recently announced Production Linked Incentive (PLI) scheme and has highlighted the challenges currently facing Indian manufacturers of solar power generation equipment. Chairman and Managing Director Hitesh Doshi believes that the PLI scheme will boost the country’s manufacturing sector, which is paramount today. He […] Read more
SECI Extends Deadline for 50 MW Solar Tender in Tamil Nadu Updated On Tue, May 4th, 2021 by Saurenergy SECI has extended the bid submission deadline for 50 MW solar PV project with land having 10 years plant O&M at Tamil Nadu. The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for its tender for the design, engineering, supply, construction, erection, testing and commissioning of 50 MW (AC) solar PV […] Read more
PLI Scheme for Manufacturing of High Efficiency PV Modules a Positive for Domestic OEMs: ICRA Updated On Tue, May 4th, 2021 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has notified the guidelines for the Production- Linked Incentive (PLI) scheme to promote the domestic manufacturing of high-efficiency solar modules and thereby reduce dependence on imports in the solar power sector. The scheme has been approved with a financial outlay of Rs. 4500-crore over a period of […] Read more
North-West Europe has Potential to Lead Hydrogen Adoption: IEA & CIEP Updated On Tue, May 4th, 2021 by Saurenergy Joint IEA-CIEP study shows the region is well placed to lead hydrogen adoption for clean energy transitions, but greater cooperation and policy implementation is required to accelerate deployment. North-West Europe has a well-developed hydrogen industry that could be at the edge of an unprecedented transformation should governments keep raising their ambitions for reducing greenhouse gas […] Read more
First Solar Records $803 Million in Net Sales in Q1 2021 Updated On Tue, May 4th, 2021 by Saurenergy American solar technology company, First Solar has released its first-quarter (Q1) 2021 financial results, showing that the company has recorded net sales of USD 803 million with an increase of USD 194 million from the prior quarter. First Solar says that this has resulted primarily due to an increase in systems revenue driven by U.S. […] Read more
Barcelona Develops Solar Pavement at a Historic Square Updated On Mon, May 3rd, 2021 by Saurenergy The Barcelona City Council recently revealed that it is funding the development of a 50-square-meter pilot project at Plaça de Les Glòries Catalanes, a historical square, for testing the feasibility of PV-paving technology which will be supplied by Spain’s Sorigué and Hungary-based Plati. The project won the municipal challenge ‘Generator pavements’, which sought innovative solutions for generating […] Read more
Renault Group Signs Agreement with Iberdrola to Reach Zero Carbon Footprint in its Factories Updated On Mon, May 3rd, 2021 by Saurenergy Renault Group and Iberdrola today signed a strategic partnership to reduce the CO2 emissions of Renault’s energy consumption in Spain and Portugal. Under the agreement, Iberdrola will supply green energy on a long-term basis, while implementing heat electrification and energy efficiency systems at the manufacturer’s facilities. Additionally, Iberdrola will analyse on-site renewable projects, electrify mobility and […] Read more
LONGi to Supply 600 MW Modules for JV With Engie Updated On Mon, May 3rd, 2021 by Saurenergy Xi’an-headquartered major solar PV manufacturer LONGi recently announced the signing of a framework agreement with Engie Solar (Engie Group), a French multinational electric utility company. To kickstart the process, 600 MW of the Chinese manufacturer’s high efficiency PV modules have been committed for projects in several geographies. Dennis She, Senior Vice President of LONGi Solar, commented, “LONGi […] Read more
ReneSola Power Releases Preliminary First Quarter 2021 Results Updated On Mon, May 3rd, 2021 by Saurenergy Connecticut-headquartered solar project developer and operator ReneSola Ltd recently announced its preliminary unaudited financial results for the first quarter of fiscal year 2021, based on which the company now expects revenue for the first quarter of 2021 to exceed $20 million, higher than the previously announced guidance range of $18 million to $20 million. Additionally, gross margin […] Read more
