Goldman Sachs-backed ReNew Power aiming at 5 GW power generation capacity in the next two yrs Updated On Mon, Sep 11th, 2017 by Saurenergy In April, ReNew Power Ventures had announced doubling its power generation capacity in a year’s time, which crossed 2 GW. ReNew Power Ventures targets to double its generation capacity to 5 GW in the next two years, a top company official said. The company has planned to add 1 GW capacity this fiscal, ReNew Power […] Read more
State distribution companies (discoms) are biggest obstacle on open access for solar power Updated On Fri, Sep 8th, 2017 by Saurenergy Open access (OA) was one of the main components of the Electricity Act (2003), introduced in an effort to attract private investment in the electricity generation sector, thereby encouraging competition. There is an increasing opportunity to innovate in solar markets in India thanks to the rapidly declining price of photovoltaics (PV). While large-scale ground-mounted solar […] Read more
Chinese solar modules are seeing price jump for first time in years: Report Updated On Mon, Sep 4th, 2017 by Saurenergy Developers not just in India, but across the world have been modeling their auction bidding strategies based on the assumed perpetual decline of Chinese module prices. Chinese solar modules are seeing a hardening of prices for the first time in years, with the average selling price (ASP) going up in India on a quarterly basis, […] Read more
How falling solar tariffs are shaping the solar future of India’s 100GW goal Updated On Wed, Aug 30th, 2017 by Saurenergy The technology chapter of solar energy is aerobicized, the growing efficiencies and advance solar cells is aggrandizing operation regardless of robust conditions. In the case of India, the valiant figures of solar integration are extolling and cementing new charts of growth. This unequivocally qualifies the international and national players to proliferate and also aggressively dive […] Read more
Locus Energy introduces “Bring Your Own Logger” Service to offer Solar Monitoring Hardware Flexibility Updated On Wed, Aug 30th, 2017 by Saurenergy With the ability to ingest data from many different endpoints, project stakeholders can now take advantage of Locus’ multitude of tools and applications. This includes SolarNOC, Locus’ cloud-based fleet management platform, which provides an unprecedented level of control over how system data is aggregated, displayed, and analyzed. Locus Energy has announced new, advanced hardware flexibility, […] Read more
Falling panel prices and increased competition have contributed to aggressive bids: Ind-Ra Updated On Thu, Aug 17th, 2017 by Saurenergy “An increase in panel conversion efficiency has contributed to a reduction in land required for panels and a fall in the balance of system cost, resulting in lower bids,” Ind-Ra said. With solar developers bidding aggressively at lower tariffs, they have little financial buffers to face challenges such as cost overrun, increased interest rate and […] Read more
ReneSola and Nautilus Solar Acquires 13.3MW Community Solar Portfolio in Minnesota Updated On Wed, Aug 16th, 2017 by Saurenergy Now that Nautilus has finalized the transaction with ReneSola, the projects will be owned by an affiliate of Virgo Investment Group, which is also a minority shareholder of Nautilus Solar Energy. ReneSola and Nautilus Solar Energy has jointly announced Nautilus’s acquisition of an approximately 13.3 MW community solar portfolio previously developed by ReneSola. The community […] Read more
National Solar Energy Federation Seeks More Time for Solar Projects in UP Updated On Tue, Aug 8th, 2017 by Saurenergy The projects of National Solar Energy Federation’s members should be eligible for extension of time as there was a default on the part of UPNEDA, UPTCCL and UPERC. The National Solar Energy Federation of India (NSEFI) has written to the Uttar Pradesh government seeking extension of timeline to commission select solar power projects claiming that […] Read more
EMMVEE Photovoltaic celebrates 25 years in Solar Industry, reaches 0.5 GW solar module production capacity milestone Updated On Tue, Aug 1st, 2017 by Saurenergy Emmvee has at present 0.5 GW per year solar module manufacturing capacity and has plans to expand said the company celebrating 25 years in the solar industry Emmvee Photovoltaic Power has announced that it has completed 25 years of excellent service in solar thermal products and solar PV module manufacturing. The company in a statement […] Read more