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
MEDA Allowed to Get Rs 2.25 to Rs 2.52 for Wind Projects With Expired EPA’s Updated On Thu, Oct 8th, 2020 by Saurenergy The MERC (Maharashtra Electricity Regulatory Commission) has allowed, with conditions, MEDA’s demonstration wind projects, which had outlived their EPA (Energy Purchase Agreement) period with MSEDCL, to earn revenues on the basis of MOU’s with the state discom. The Commission accorded approval to proposed power procurement arrangement between Maharashtra State Electricity Distribution Company Limited and Maharashtra […] Read more
Kalpataru Transmission and Partner Complete Sale of Stake in JKTPL Updated On Tue, Sep 29th, 2020 by Saurenergy Kalpataru Power Transmission Ltd (KPTL) has announced that the firm and its joint venture partner have completed 74 percent equity stake sale in Jhajjar KT Transco Pvt Ltd (JKTPL) to IndiGrid. “We are pleased to inform you that the Parties have completed the sale of first closing sale shares, which represents about 74 percent of the total equity […] Read more
