EU Solar Market Faces Challenges From China and US: ESIA Report Updated On Wed, Nov 8th, 2023 by Saurenergy The European Union’s (EU) industry association body, the European Solar PV Industry Alliance (ESIA), released a report that evaluates factors that can contribute to the de-risking and scaling up of Europe’s solar PV manufacturing. The alliance evaluates the factors affecting European industries, aiming to achieve the goal of 30 GW of domestic manufacturing capacity by 2025 and the EU’s […] Read more
CERC Approves Trading Margin of Rs.0.07/kWh in SECI’s PSAs with Distribution Firms Updated On Tue, Nov 7th, 2023 by Saurenergy The Solar Energy Corporation of India (SECI), in its petition, had asked the CERC for the approval of the trading margin of Rs.0.07/kWh agreed to by the distribution companies (Brihanmumbai Electric Supply and Transport; Tripura State Electricity Corporation) in the Power Supply Agreements signed for capacities of 334 MW and 100 MW respectively. The CERC […] Read more
NTPC Issues EoI for Operation of Five Fuel Cell Electric Buses Updated On Tue, Nov 7th, 2023 by Saurenergy NTPC Limited is inviting Expression of Interest from electric bus operators for the operation of five fuel cell electric buses on Delhi Agra intercity route on lease basis. The tenure of leasing period is three years. However, the same may be extended on mutually agreed terms and conditions on completion of leasing period of three […] Read more
Trina Solar’s 1P & 2P Trackers Have Received Great Response in India Market: Gaurav Mathur, Trina Solar Updated On Mon, Nov 6th, 2023 by Saurenergy Trina Solar, a global solar and smart energy solution provider, has recently received the Bureau of Indian Standards (BIS) certification on its latest N-type solar modules, Vertex N NEG21C.20 and Vertex N NEG19RC.20, which could translate into its expansion in the Indian marker. Gaurav Mathur, Director, Trina Solar India speaks about the trends prevailing at present […] Read more
Tight Power Markets Drive Up Volumes 21% YoY On IEX Updated On Mon, Nov 6th, 2023 by Saurenergy Indian Energy Exchange, India’s premier energy exchange, achieved 9260 MU total electricity volume in October 2023, registering an increase of 21% on YoY basis. IEX achieved 9,483 MU overall volume, including 2.17 Lac Renewable Energy Certificates (RECs) (equivalent to 217 MU) and 5,814 Energy Saving Certificates (ESCerts) (equivalent to 5.8 MU). The overall volume traded during […] Read more
Sterlite Power Demerges Transmission & Products Business Updated On Fri, Nov 3rd, 2023 by Saurenergy Sterlite Power Transmission Limited (SPTL), a power transmission developer and solutions provider in India and Brazil, has announced the strategic decision to demerge its power transmission infrastructure business (BOT model), spread across India and Brazil. The demerged SPTL entity will continue to hold the global products and specialised EPC services business as well as the […] Read more
Zero Emission Vehicle Can Reduce Emission By 80% In US: NREL Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report from the National Renewable Energy Laboratory (NREL) stated that the adoption of zero-emission electric vehicles (EV) in the US would allow the nation to move closer to an 80% or more drop in transportation-related greenhouse gas (GHG) emissions by 2050. This, the report said would lead to a drop of the emissions […] Read more
IEX Reports PAT Exceeding 21% in Q2FY24 Against Q2FY23 Updated On Fri, Nov 3rd, 2023 by Saurenergy The IEX (Indian Energy Exchange) has declared its unaudited consolidated financial results for the second quarter ending September 30, 2023. Particulars Q2FY23 Q2FY24 YoY Total Volume (in BU) 23.1 26.5 14.6% Total Revenue 113.8 133.0 16.9% Total Operating Expense 16.3 16.6 1.8% EBITDA 97.5 116.4 19.4% Finance, Depreciation & Amortization Cost 5.0 5.8 16.0% Share […] Read more
Trina Solar Leads Industry With Shipments of 210mm Modules Updated On Thu, Nov 2nd, 2023 by Saurenergy Trina Solar has reported revenue of $11.58 billion (RMB 81.12 billion) in the first three quarters of 2023, 31.22 percent more than in the corresponding period last year. The company’s report, made public on October 27, also showed that Trina Solar, continues to lead the industry with 45-46 GW modules shipments, ranking second globally, and […] Read more
