Amazon Adds 26 new Solar and Wind Projects, Takes 2020 Total Beyond 4 GW Updated On Fri, Dec 11th, 2020 by Saurenergy Amazon has added 26 new wind and solar projects totaling 3.4 GW of electricity production capacity to its corporate purchase portfolio. Global e-commerce major, Amazon has announced that it has added 26 new utility-scale wind and solar energy projects totaling 3.4 gigawatts (GW) of electricity production capacity to its corporate purchase portfolio. With the latest […] Read more
CIT Serves as Coordinating Lead Arranger for $256 Million Texas Solar Financing Updated On Thu, Dec 10th, 2020 by Saurenergy CIT Group Inc. (NYSE: CIT) today announced that its Power and Energy business served as coordinating lead arranger on a $256 million financing for the 250-megawatt (MW) Taygete I Energy Project owned by 7X Energy, Inc (7X) and located in Pecos County, Texas. 7X Energy is a leading utility-scale solar developer, owner, and asset manager that has originated 1,350 (MWac) of solar […] Read more
MNRE Issues Guidelines For PM-KUSUM Scheme At Feeder Level Updated On Mon, Dec 7th, 2020 by Saurenergy The Ministry of New and Renewable (MNRE), after consultation with state governments, has decided to issue Guidelines for Implementation of Feeder Level Solarisation under Component-C of PM-KUSUM Scheme. The Scheme consists of three components. Component-A includes installation of Decentralized Ground Mounted Grid Connected Renewable Power Plants, Component-B includes installation of standalone Solar Powered Agriculture Pumps […] Read more
Orient Cement Goes With AMP Energy For Captive Renewable Generation Updated On Fri, Dec 4th, 2020 by Saurenergy Orient Cement, which has plants in Maharashtra, Telangana and Karnataka,has signed up for a 26 percent stake in AMP Solar Systems, a step down subsidiary of AMP Solar Technology. The new firm, which was incorporated in May 2020, will set up a solar power plant in Maharashtra to serve primarily as a captive supplier of […] Read more
Key Factors Behind India’s Record Low Solar Tariff of Rs 2/kWh: IEEFA Updated On Fri, Dec 4th, 2020 by Saurenergy In the recent SECI auction, India set a new record low solar tariff of Rs 2/kWh, IEEFA takes a look at the key factors behind it. In the recent Solar Energy Corporation of India (SECI) auction which was concluded on November 23, 2020, India set a new record low tariff for solar projects at Rs […] Read more
The Future In Focus As Trina Solar, Tongwei In JV For Ingots, Wafers, 210 Series Updated On Thu, Nov 19th, 2020 by Saurenergy The battle for the next stage of solar growth continues to intensify, with the announcement of a Joint venture between two more Chinese majors, Trina Solar and Tongwei. Both are large, established players, with Tongwei a particularly key supplier of cells to the industry in China. The new JV hopes to fill in to critical […] Read more
NeoVolta Announces 211% Quarter-On-Quarter Increase in First Quarter 2021 Revenues Updated On Tue, Nov 10th, 2020 by Saurenergy Increase in Wholesale Dealers and Installers Drives Revenue Growth NeoVolta, manufacturer of Smart Energy Storage Systems, has announced financial results for the first quarter 2021. The company reported that revenues for the quarter ending September 30, 2020 were $1,000,171, compared to $321,650 for the same quarter of last year. This dramatic 211% growth quarter-on-quarter reflected […] Read more
Eos, Hecate to Deliver 1 GWh of Energy Storage Projects Across the US Updated On Thu, Nov 5th, 2020 by Saurenergy Eos Energy Storage has signed a broad-ranging agreement to provide over 1 GWh of energy storage projects across the US to Hecate Energy Eos Energy Storage, a leading manufacturer of zinc battery storage systems, has announced that it has signed a broad-ranging agreement to provide over 1 GWh of energy storage projects at an estimated […] Read more
Green Term-Ahead Market Will Boost RE Trading in India Updated On Fri, Oct 16th, 2020 by Saurenergy By August 2020, India had 88 gigawatts (GW) of installed renewable energy capacity. In the pipeline, as of June 2020, there was 47 GW of solar, wind and hybrid projects with another 24 GW of projects in the bidding phase (where tenders have been issued but auctions are yet to complete). And the start of trading on August 21, […] Read more
