SunEdison Investing Rs 2.12 Cr for Majority Stake in two RE Firms Updated On Wed, Jul 10th, 2019 by Saurenergy SunEdison Infrastructure Limited has announced that its Board has approved the majority acquisition of two RE firms. Chennai-based renewable energy company SunEdison Infrastructure Limited (SIL, formerly YKM Industries Limited) has announced that its Board has considered and approved the majority acquisition of Megamic Electronics Private Limited and Enrecover Energy Solutions Private Limited. SunEdison, which is into […] Read more
Investing in More Resilient Infrastructure Can Save $4.2 Trillion: World Bank Updated On Tue, Jul 9th, 2019 by Saurenergy Investing in a more resilient and sustainable infrastructure in low- and middle-income countries can have four times the benefit for each dollar spent, says World Bank & GFDRR The net benefit on average of investing in more resilient infrastructure in low- and middle-income countries would be $4.2 trillion with $4 in benefit for each $1 […] Read more
JinkoSolar Supplies 95 MW Panels for Australian Solar Project Updated On Tue, Jul 9th, 2019 by Saurenergy JinkoSolar has supplied 95 MW of monocrystalline solar panels to Vena Energy Australia, an IPP, for use in the Tailem Bend Solar Project. One of the largest solar module manufacturers, JinkoSolar has announced that it has supplied 95 MW of highly-efficient monocrystalline solar panels to Vena Energy Australia, an independent power producer, for use in […] Read more
Spot Power Prices Drop 11% in June to Rs 3.32/unit Updated On Tue, Jul 9th, 2019 by Saurenergy Average spot power prices drop 11 percent to Rs 3.32 per unit in June compared to the year-ago month, IEX said. Average spot power prices drop 11 percent to Rs 3.32 per unit in June compared to the year-ago month, the Indian Energy Exchange (IEX) said. With the trading of 4,207 million units (MU) of electricity, the […] Read more
Budget 2019: Solar Sector Gets Only 1.1% Increase in Allocation Updated On Mon, Jul 8th, 2019 by Saurenergy After the revised estimation of last year’s budget allocation is taken into account, this year’s budget has seen a rise of just over a percent for the solar sector The union budget for 2019-20 has provided for a budgetary allocation of Rs 3,004 crore for the solar power sector, including both grid-interactive and off-grid projects, […] Read more
Renewable Certificates Sales Down 22% in June Updated On Mon, Jul 8th, 2019 by Saurenergy Sales of REC dropped by 22% to 6.98 lakh units in June as compared to 8.96 lakh in the same month a year ago. Sales of renewable energy certificates (REC) dropped by 22 percent to 6.98 lakh units in June as compared to 8.96 lakh in the same month a year ago due to lower supply, […] Read more
Union Budget 2019: A Mixed Bag for the Solar Industry Updated On Sat, Jul 6th, 2019 by Saurenergy As expected from Modi Government 2.0, India’s first full-time woman Finance Minister Nirmala Sitharaman had few eggs in her basket for the renewables sector. Here’s how the key stakeholders of the solar industry, including policymakers, think tanks, leading private players have reacted to the government’s Budget for FY19-20: After the budget, Power Minister R. K. […] Read more
Growatt Holds Shine Elite Workshop in Vietnam Updated On Sat, Jul 6th, 2019 by Saurenergy Vietnam’s solar market is good news for the solar industry with the growing demand for electricity and government policy to promote PV development. With the support from Alena Energy and LONGi Solar, Growatt held its Shine Elite PV workshop on July 4, 2019, in Ho Chi Minh City. The meeting highlighted training on Growatt’s smart […] Read more
The Big Moves in Budget 2019 Updated On Fri, Jul 5th, 2019 by Saurenergy Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and EVs. Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and […] Read more
