Vikram Solar Inaugurates 1.3 GW Module Production Facility in Tamil Nadu Updated On Tue, Jul 20th, 2021 by Saurenergy Gurugram-based Vikram Solar has unveiled a new solar photovoltaic module 1.3 GW manufacturing facility located at Indospace Industrial Park, Oragadam, Tamil Nadu. With this unit, Vikram Solar’s cumulative PV module manufacturing capacity reaches 2.5 GW, which the company claims is currently the largest in India. The new manufacturing facility, which was inaugurated by the state’s Chief […] Read more
India Planning Bids for 4 GWh of Grid-Scale Battery Storage System Updated On Tue, Jul 20th, 2021 by Saurenergy In an attempt to make the country’s electricity green, the Indian government is planning to invite bids for setting up around 4 GWh (4000 MWh) of grid-scale battery storage system at regional load dispatch centres (RLDCs), according to an announcement made by the Minister of Power and New and Renewable Energy, Raj Kumar Singh. The Union […] Read more
California’s ‘Solar Deflation’ Offers Lessons In Managing Solar Expansion Updated On Fri, Jul 16th, 2021 by Saurenergy The Breakthrough Institute has released a report analyzing solar value deflation in California from 2014 to 2020, during which period the value of solar fell by around 37% relative to other sources of electricity. While on the face of it, this is great news, as it is a big reason why solar has gained, and […] Read more
5MW Second Phase Solar Plant Commissioned by GMR Hyderabad Airport Updated On Tue, Jul 13th, 2021 by Saurenergy GMR Hyderabad International Airport Ltd (GHIAL) said yesterday that it has commissioned the 5 MW second phase of its solar power plant, taking its total solar power capacity to 10MW. The solar plant, set up for captive consumption, is spread over an area of 45 acres and comprises over 30 thousand solar panels that have […] Read more
President Kovind’s Childhood Home in Rural UP Goes Solar Updated On Mon, Jul 12th, 2021 by Saurenergy President Ram Nath Kovind’s residence ‘Milan Kendra’ in his native village of Paraunkh, Uttar Pradesh, has now become solarised, a move that should boost awareness about the rooftop solar industry in the region and beyond. Located 70 km away from Kanpur, the President’s childhood home is now powered by a 5 kW solar plant, which […] Read more
RE Capacity Addition to Grow to 11GW in FY22, Predicts ICRA Updated On Fri, Jul 9th, 2021 by Saurenergy While renewable energy capacity addition reduced by 1.3 GW last year due to coronavirus-induced disruptions, ICRA expects the capacity addition to improve to 10.5-11 GW in FY22, led by a strong project pipeline of approximately 38 GW. Additionally, more than 20 GW RE projects are under the tendering phase from various nodal agencies, providing visibility […] Read more
IEX Trades 7093 MU in June’21 with 48% YoY Growth Updated On Mon, Jul 5th, 2021 by Saurenergy The Indian Energy Exchange (IEX) traded 7093 MU of electricity volume in June’21 recording 48% YoY growth. According to the power demand data published by the National Load Dispatch Center, the national peak demand saw a 16% YoY increase, with the highest ever peak demand at 191.51 GW, while energy consumption at 115 BU grew […] Read more
HPL Electric and Power Ltd reports revenue of ₹ 308 Crores in Q4 FY21 Updated On Tue, Jun 29th, 2021 by Saurenergy Indian electric equipment company HPL Electric and Power Ltd. released its financial results for the fourth quarter of the fiscal year 2021 (April’20 to March’21) yesterday, reporting total revenue of ₹ 308 Crores, led by robust growth in the Metering and Consumer segment (B2C). The metering business witnessed an improved performance in Q4 FY21 than […] Read more
Response to MSEDCL And RUMSL Tenders Indicates Resilience In Solar Market Updated On Fri, Jun 25th, 2021 by Saurenergy Two recent tenders, by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 500 MW of Wind-Solar Hybrid power, and another one by Madhya Pradesh’s RUMSL Agar Solar Park for 550 MW, have thrown up some pleasant surprises. Contrary to fears expressed by some Industry insiders we had spoken to last month, where they were […] Read more
