First Solar

BluPine Energy, Suprajit Partner To Procure Solar Power From Karnataka Project

Updated On Fri, Dec 20th, 2024

by Saurenergy

BluPine Energy, Suprajit Partner To Procure Solar Power From Karnataka Project

Gurugram-based BluPine Energy recently signed a long-term Power Purchase Agreement (PPA) with Suprajit Engineering to enhance its renewable power supply. Suprajit Automotive Private, the company’s subsidiary, entered into a Shareholders’ Agreement (SHA) with BluPine Energy Private Limited (BluPine) and Solarcraft Power India 26 Private Limited (Solarcraft 26). The company added, “The Share Subscription Agreement (SSA) […]

APTEL Accepts Solar Thermal Generators Plea, Allows PPA Cancellations

Updated On Thu, Dec 19th, 2024

by Saurenergy

APTEL Accepts Solar Thermal Generators Plea, Allows PPA Cancellations

Direct Natural Irradiance (DNI) proved to be a bugbear for three solar thermal generators who set out to build projects based on figures provided by MNRE in 2010. The three generators, namely M/s. Aurum Renewable Energy Private Limited (in short “AREPL”), M/s. Diwakar Solar Projects Limited (in short “DSPL”) and M/s. KVK Energy Venture Private […]

Federal Bank, Ecofy Tie Up For Boosting Rooftop Solar Financing

Updated On Wed, Dec 18th, 2024

by Saurenergy

Federal Bank, Ecofy Tie Up For Boosting Rooftop Solar Financing

Federal Bank has announced partnering with green fintech company Ecofy to offer innovative financing solutions for MSMEs investing in commercial rooftop solar installations. This collaboration marks one of the first comprehensive co-lending partnerships specifically designed to address the unique solar financing needs of the MSME sector, the companies said. The program targets financing 3,600 kW […]

Punjab: Gensol Secures 22 MW Solar Project From A Steel Firm

Updated On Wed, Dec 18th, 2024

by Saurenergy

Punjab: Gensol Secures 22 MW Solar Project From A Steel Firm

Indian renewable energy company Gensol Engineering Limited today announced securing the first large turnkey solar project from a steel product company in Punjab. The project involves the development of a 22 MW ground-mounted solar PV power plant, with a total contract value of INR 88 Crore is set to be executed over a 6-month period. […]

Solar Power Europe Terms 2024 A ‘Warning’ As Solar Growth Slumps To 4%

Updated On Wed, Dec 18th, 2024

by Saurenergy

Solar Power Europe Terms 2024 A ‘Warning’ As Solar Growth Slumps To 4%

After years of stellar growth, the EU solar sector has been hit by a significant deployment slowdown – tumbling from 53% growth in 2023 to 4% in 2024, amounting to a 92% slowdown in solar growth over the last year. With 65.5 GW of new solar in 2024, the sector just inched past its 2023 […]

Insolation Energy To Setup Its Solar Cell, Module Unit In MP

Updated On Mon, Dec 16th, 2024

by Saurenergy

Insolation Energy To Setup Its Solar Cell, Module Unit In MP

The Board of Directors of Insolation Energy (INA Solar) has now approved the plan to commission its new solar cell, module and Aluminium frame manufacturing facility in Madhya Pradesh. The latest development marks its first investment in solar manufacturing outside Rajasthan. This comes after the Madhya Pradesh government offered land to the company in the […]

Meghalaya Govt Unveils Policy To Boost Solar, Wind Energy Capacity

Updated On Mon, Dec 16th, 2024

by Saurenergy

Meghalaya Govt Unveils Policy To Boost Solar, Wind Energy Capacity

The Meghalaya government recently released its policy to execute and expand solar power generation in the state, aiming to increase its solar power capacity from the current 4.28 MW (Till Nov. 2024). The latest policy released by the state allows short-term power purchases on behalf of the State Distribution Utility, entering into Power Purchase Agreements […]

Ambuja Cements Commissions 200 MW Solar Project At Khavda

Updated On Fri, Dec 13th, 2024

by Saurenergy

Ambuja Cements Commissions 200 MW Solar Project At Khavda

Ambuja Cements, a cement and building material company, today commissioned and began power transmission from its 200 MW solar power project in Khavda in Gujarat. The balance 806 MW capacity from this project is at various stages of commissioning and is expected to start transmitting in phases between March 2025 and June 2025. This development […]

Airox Nigen Announces 2 GW Solar Module Manufacturing Facility

Updated On Fri, Dec 13th, 2024

by Saurenergy

Airox Nigen Announces 2 GW Solar Module Manufacturing Facility

Renewable energy company Airox Nigen has announced the establishment of a solar module cutting-edge manufacturing line under the brand name AHAAN SOLAR. This initiative marks the first phase of its 2 GW renewable energy facility in Haryana. The proposed plan is situated in a 17-acre Renewable Energy Park in Rohnat, Haryana. This park will also […]