IEX February Update- DAM Price Falls 26% YoY To Rs 4.93/unit Updated On Tue, Mar 5th, 2024 by Saurenergy The Indian Energy Exchange, India’s premier electricity exchange, achieved 9,462 MU overall volume in February’24, marking a 15.4% year-over-year increase. The Market Clearing Price in Day Ahead Market during February ‘24 was Rs. 4.93/unit, down approximately 26% year-on-year, due to increased sell liquidity. The sell bids on the exchange (Day Ahead Market plus Real Time […] Read more
Gautam Solar Cracks Notable Deal In Ghana Updated On Mon, Mar 4th, 2024 by Saurenergy India’s solar module manufacturers have for long targeted the US and other developed markets for exports, considering the intense Chinese competition in other markets. In that context, an announcement by leading manufacturer Gautam Solar, of a successful export of cutting-edge solar modules to Ghana deserves notice. Despite intense competition from Chinese manufacturers dominating the African market, […] Read more
Servotech Secures Order for 1400 Fast EV Chargers from IOCL Updated On Fri, Mar 1st, 2024 by Saurenergy EV chargers manufacturer Servotech Power Systems Ltd. announced it has bagged an order of 1400 DC fast EV chargers from Indian Oil Corporation Limited (IOCL) and other EV charger OEMs. The total order is valued at Rs 111 crores and involves two charger variants of 60 kW and 120 kW, according to a press release […] Read more
L&T Commissions First Indigenously Build Hydrogen Electrolyser At Hazira Updated On Fri, Mar 1st, 2024 by Saurenergy Larsen & Toubro (L&T) an Indian multinational engaged in EPC Projects, commissioned its first indigenously manufactured electrolyser at the Green Hydrogen Plant. The plant is located at AM Naik Heavy Engineering Complex in Hazira, Gujarat. This accomplishment signifies L&T Electrolysers Limited’s foray into domestic electrolyser manufacturing, underscoring the company’s steadfast dedication to propelling sustainable energy […] Read more
Suzlon Secures 30 MW Wind Turbine Order From EDF Renewables For Its 3 MW Series Updated On Thu, Feb 29th, 2024 by Saurenergy Indian wind energy company Suzlon Group today announced a new order win for the development of a 30 MW wind power project for EDF Renewables. Suzlon will install 10 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 MW each. The project is located in Gujarat. This […] Read more
Solex To Launch TOPCon Production In 4 Months: Kalpesh Patel, MD Updated On Mon, Feb 26th, 2024 by Saurenergy Gujarat-based solar module manufacturer Solex has planned to start the production of solar modules based on TOPCon technology in the next 3-4 months, the firm’s top management said. In a recent interaction with Saur Energy at Inter Solar-Ahmedabad, Kalpesh Patel, Joint Managing Director (MD) of Solex, said that the firm planned to try the new […] Read more
5 Ways India Defies Global Rules For Solar Success Updated On Mon, Feb 26th, 2024 by Saurenergy At every large renewable energy event today India’s solar success is invariably taken as a given. Be it capacity additions (eventually), or manufacturing prowess (soon, we are told) industry and government in particular has been at pains to stress that it’s all practically ordained. We believe that despite the impressive progress India has made in […] Read more
SOFAR Presents ESS PowerMega For Utility Solar Updated On Fri, Feb 23rd, 2024 by Saurenergy At Intersolar India SOFAR, a global photovoltaic (PV) and an Energy Storage System (ESS) solutions provider for all-scenarios, introduced PowerMega (350KTLX0) optimized for utility solar applications. Currently, the utility segment contributes significantly towards growth in the Indian RE industry, which prompted SOFAR to introduce the PowerMega (350KTLX0). It’s optimized for utility solar applications, and it […] Read more
5 Reasons Why India’s Solar Exporters Deserve More Credit Updated On Thu, Feb 22nd, 2024 by Saurenergy One of the strangest accusations you will hear against Indian manufacturers, is the one about them exporting solar modules when there is a ‘shortage’ in India. Or worse, about them exporting modules even as they ask for ‘protection’ from imports in India. With exports set to surge to 3 GW and beyond in FY24, this […] Read more
