Biotech Major Biocon Takes 26% Stake in Hinduja Renewables Two Updated On Tue, Nov 24th, 2020 by Saurenergy Bengaluru-based biotechnology major Biocon has entered into an agreement for the acquisition of a 26 percent equity stake in Hinduja Renewables Two. Bengaluru-based biotechnology major Biocon has announced that it has entered into an agreement on November 21, 2020, for the acquisition of a 26 percent equity stake on a fully diluted basis in Hinduja […] Read more
Sonnen Introduces the sonnenCore, a new all-in-one, affordable home battery for every home Updated On Mon, Nov 23rd, 2020 by Saurenergy The first-of-its-kind, all-in-one sonnen home battery solution makes the company’s proven, long-lasting and safe home battery technology even more accessible to all energy storage customers. sonnen, a global market leader in smart residential energy storage and virtual power plants, today announced the launch of sonnenCore. The new compact, affordable, and fully sonnen-designed sonnenCore home battery […] Read more
India Will Reach 175 GW Renewable Energy Capacity Before 2022: PM Modi Updated On Mon, Nov 23rd, 2020 by Saurenergy In his G-20 summit address, PM Modi claimed that India will meet its goal of 175 GW of renewable energy capacity well before the target of 2022. Prime Minister Narendra Modi participated in the 15th G20 Summit convened by Saudi Arabia in a virtual format, on 21-22 November 2020. In his address, Modi claimed that […] Read more
“The Solar Adoption Experience For Consumers Has Been Poor” Updated On Fri, Nov 20th, 2020 by Saurenergy One of the strongest reasons for encouraging solar rooftop, besides the obvious benefits, is the opportunities it creates for jobs, when compared with utility scale solar. Thanks to a more open market, a whole eco-system of suppliers, be it modules, structures, inverters and more have adapted to the opportunity. Finally, the very fact that in […] Read more
Key Solar Manufacturers Back 182mm Module Size for 2021 Updated On Tue, Nov 17th, 2020 by Saurenergy Three of the biggest module makers globally, Jinko, JA and Longi are betting that with their combined 54GW in capacity, the 182 mm module will face little headwinds to market acceptance in 2021. The importance of standards, and standardisation in the solar sector can never be overemphasised, considering the multiple parts that have to work […] Read more
Railways Runs Into A Red Signal For 1 GW Solar Tender Updated On Mon, Nov 16th, 2020 by Saurenergy The Railway Energy Management Company Limited (REMCL)’s tender for a 1GW of solar plants on railway land available close to railway tracks has run into a wall of disinterest from solar developers. The tender, with deadline of September 2, was a detailed one that included the design, build, finance, operation, long– term maintenance and transfer […] Read more
NITI Aayog Drafts RfP for Setting up Advance Chemistry Cell Manufacturing Facilities Updated On Thu, Nov 12th, 2020 by Saurenergy Niti Aayog has issued the draft RfP for the selection of private entities to set-up manufacturing facilities that produce Advance Chemistry Cells (ACC). The Government of India through the Department of Heavy Industry (DHI) intends to develop giga-scale advance cell manufacturing for domestic application and promotion of diverse energy sources, to ensure overall energy security […] Read more
Azure Power Posts Q2 2020 Financial Results Updated On Wed, Nov 11th, 2020 by Saurenergy Azure Power Global Limited, India’s only solar power producer listed in the US markets, has announced its consolidated results under the United States GAAP for the fiscal second quarter 2021, period ended September 30, 2020. Fiscal Second Quarter 2021 Period Ended September 30, 2020, Operating Highlights: • Operating Megawatts (“MW”) were 1,834 MWs, as of September 30, […] Read more
NTPC Brings Online First 8 MW Part of 20 MW Auraiya Solar Project Updated On Wed, Nov 11th, 2020 by Saurenergy NTPC has begun commercial operation of the first part worth 8 MW capacity of the 20 MW Auraiya Solar PV Project in UP. NTPC Ltd has announced that upon successful commissioning, it has begun commercial operation of the first part worth 8 MW capacity of the 20 MW Auraiya Solar PV Project at Auraiya, UP. […] Read more