Flexible Solar Moves One Step Closer to Mass Market With DaZheng Updated On Tue, Jul 19th, 2022 by Saurenergy A 10 year old Chinese startup, DaZheng, has become the first firm worldwide to produce large, flexible perovskite solar panels at scale, with a promised efficiency of 21%. Traditional flexible thin-film solar cells are limited by expensive raw materials and complicated manufacturing processes, which lead to the high cost and limited applications. The new flexible […] Read more
Statkraft Backs Solar Park with 5- year PPA Updated On Fri, Jul 15th, 2022 by Saurenergy Europe’s leading renewable energy player, Norwegian firm Statkraft, has signed a 5-year power purchase agreement (PPA) for the Strasen Solar Park. The Norwegian energy company is thus supporting the construction and operation of the 30 MW solar park. According to the official statement of Statkraft, the solar parkwill operate entirely without EEG subsidies and is […] Read more
Wartsila Will Supply Energy Storage To One Of The World’s Largest Solar Plus Storage Project Updated On Wed, Jul 13th, 2022 by Saurenergy Wartsila, a Finland-based technology company, has signed a contract with Clearway Energy Group. Under this contract, Wartsila will provide energy storage devices totaling a 500-megawatt (MWac) / 2-gigawatt hour (GWh) portfolio. The contract encompasses five sites in California and Hawaii and represent one of the largest solar-plus-storage project portfolios in the world. According to Wartsila, […] Read more
SECI Cancelled Solar Tenders Of 166 MW Cumulative Capacity Recently Updated On Wed, Jul 13th, 2022 by Saurenergy In the last two days (11 and 12 July) SECI has cancelled three solar tenders with a total capacity of 166 MW. The three tenders include 100 MW solar tender of Getalsud Dam, Ranchi, 44 MW & 22 MW solar tender of The Singareni Collieries Company Limited (SCCL). SECI has said that the reason behind […] Read more
NTPC Floats Tender For O&M Of Up To 50 MW Solar Projects Updated On Wed, Jul 13th, 2022 by Saurenergy India’s largest power producer, state-owned NTPC has floated a tender inviting bids from the prospective vendors to operate and maintain up to 50 MW solar projects. Operation and maintenance has been defined in the floated tender as prevention of breakdown, maintenance following a breakdown and overhauls extending to normal housekeeping, cleaning etc. The NTPC will […] Read more
SECI Cancels 100 MW Getalsud Dam Floating Solar Tender Updated On Wed, Jul 13th, 2022 by Saurenergy Over two months after it first extended the deadline to respond to bidders, the Solar Energy Corporation of India (SECI) has cancelled the tender for the 100 MW Getalsud Dam project near Ranchi in Jharkhand. The cancellation follows a familiar pattern of challenges faced with floating solar tenders in India, where the standout success has […] Read more
ReNew To Refinance Dollar-Denominated Bonds, First RE Player To Do So In India Updated On Wed, Jul 13th, 2022 by Saurenergy India renewable energy major ReNew Energy Global has announced that it has successfully refinanced its 2024 maturity dollar-denominated bonds with amortizing project debt from an Indian non-bank financial company. ReNew claims to have become the first Indian renewable energy company to have done this. The official statement of ReNew held that issued bonds worth $ […] Read more
Sindh’s 500 MW Floating Solar Plant, National Solar Energy Policy For Pakistan on August 1 Updated On Tue, Jul 12th, 2022 by Saurenergy In an impetus to renewable energy in the country, the Sindh government has revealed its ambition to set up Pakistan ‘s first floating solar power plant. The plant will boast of a 500MW generation capacity and will be established at Keenjhar Lake. The project will cost $400 million. The Provincial Minister of Sindh for Energy, […] Read more
Blume Ventures Invests $2.5 Million in Solar Financing Platform Aerem Updated On Tue, Jul 12th, 2022 by Saurenergy Mumbai-based solar financing platform, Aerem has raised $2.5 Million in funding in a pre-series round from Blume Ventures, a New Delhi-based capital firm. The funding money ($2.5 Million) raised will go toward expanding the loan book, developing the technological platform that will enable seamless, end-to-end digital engagement with diverse stakeholders, and hiring teams that include […] Read more
