MNRE Releases Revised Strategy for Establishment of Offshore Wind Energy Projects Updated On Mon, Aug 21st, 2023 by Saurenergy The revised strategy for establishment of offshore wind energy projects has been chalked out and released recently by the MNRE (Ministry of New & Renewable Energy). Preliminary studies carried out by NIWE across the coastline of India indicate good potential both off the southern tip of the country and the West coast for offshore wind […] Read more
RUMSL Issues Tender for 114 MW Solar Projects in Madhya Pradesh Updated On Fri, Aug 18th, 2023 by Saurenergy Rewa Ultra Mega Solar Limited (RUMSL) has invited bids for setting up 114 MW ground-mounted solar power projects in Madhya Pradesh. The projects will be set up across three districts of the state. The initiative, in partnership with Madhya Pradesh Power Generation Company (MPPGCL), looks at the integration of solar power into three thermal power […] Read more
As Solar Exports See Striking Surge, Indian PV Manufacturers Face New Challenges Updated On Fri, Aug 18th, 2023 by Saurenergy China continues its global domination when it comes to the solar supply chain. The leader brought online a whopping capacity of 87.41 GW of new solar power in 2022. As per an IEA report, it contributed to nearly 90% of solar PV modules manufacturing capacity in 2022. The report further states that this Chinese supply […] Read more
Parminder Chopra Becomes CMD at PFC, First Woman to Lead India’s Largest NBFC Updated On Thu, Aug 17th, 2023 by Saurenergy Parminder Chopra has been appointed as the CMD at Power Finance Corporation (PFC). She was earlier the Director (Finance) at PFC. She has becomes the first women to steer the country’s largest NBFC. Parminder brings to the table over three decades of experience in the sectors of finance and power. The firm said, “During her […] Read more
Chinese Tracker Major Arctech Bags GW Scale Deal In Uzbekistan Updated On Thu, Aug 17th, 2023 by Saurenergy Central Asia continues to deliver big foor Chinese equipment majors. Arctech, which claims to be the world’s leading solar tracking, racking, and BIPV provider, has signed a solar tracker supply contract with China Energy Engineering Corporation Limited (CEEC) in Uzbekistan, in Qashqadaryo Viloyati and Buxoro with a total capacity of 1GW. The CEEC team is […] Read more
Solar’s Slow Rise In Sun Drenched Pakistan Updated On Wed, Aug 16th, 2023 by Saurenergy Extensive load shedding and high and rising electricity costs are a few of the reasons for consumers to seek a switch to solar power in Pakistan. With industry pointing out that the nation pays some of the highest electricity tariffs in South Asia, it is indeed a wonder why solar has not established a stronger […] Read more
$12 Mn Investment Closed by Reliance & Others in California’s Perovskite Solar Firm Caelux Updated On Wed, Aug 16th, 2023 by Saurenergy California-based firm, Caelux, which employs perovskite technology for solar energy, has pocketed $12M in Series A3 funding. The said round raised the cumulative amount to $23 million. The round augmented the cumulative amount to $23M. The investment round was led by Temasek and also saw participation from Reliance New Energy Limited, Khosla Ventures, Mitsui Fudosan, […] Read more
IRA Has Turbo Charged American Solar Manufacturing-SEIA Updated On Wed, Aug 16th, 2023 by Saurenergy The Solar Energy Industry Association (SEIA), an Industry Association Body of US has released a Solar Market Outlook Report. It is interesting to see how the SEIA, till recently an advocate of solar developers and cheap imports from China, has changed tack to celebrate the impending manufacturing boom in the US. The report, more a […] Read more
Renewables and EVs: Myths and Reality Updated On Wed, Aug 16th, 2023 by Saurenergy There is no doubt that Electric vehicles are a Global saviour for our planet against the pollution being caused by transportation. Reduced greenhouse emissions with EVs is supposed to be offering its accelerated benefits when fueled through renewables. The benefits of this combination thus are inevitable. But there are implementation challenges that places limits on […] Read more
