US Solar Manufacturers Come Out With Prescription for Domestic Manufacturing Updated On Tue, Mar 26th, 2024 by Saurenergy A new report commissioned by the Solar Energy Manufacturers for America (SEMA) Coalition and authored by Guidehouse Insights Inflection Point makes a case for stronger government efforts to ensure the US domestic solar manufacturing industry withstands the challenge mounted from China or Chinese linked imports. “Thanks to the efforts of Congress and the Administration, with […] Read more
UK-Based Statera Secures 670MW Contracts in Auctions Updated On Fri, Mar 22nd, 2024 by Saurenergy In the latest Capacity Market auctions, UK-based Statera has provisionally secured contracts for 670MW of capacity commencing in October 2027, at a record T-4 clearing price of £65/kW. The Capacity Market ensures the UK’s security of electricity supply by guaranteeing the availability of sufficient backup power, stated a press release by Statera As per a […] Read more
MNRE Enlists 11 Companies Offering Solar Insurance To Cover Risks Updated On Wed, Mar 20th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has updated its list of insurers covering risks for solar project developers. India’s Insurance Regulatory Development Authority (IRDAI), which offers solar insurance, forwarded the MNRE the approved list of 11 such players. The ministry last published the list of solar insurance firms on February 26. It has […] Read more
Delhi Solar Policy Interlinks DISCOMs, Consumers, Reduces Upfront Cost Updated On Fri, Mar 15th, 2024 by Saurenergy Department of Power under the Delhi government recently released the Delhi Solar Policy. Under this new policy, the government introduced a hybrid RESCO model. This model establishes a tripartite link among DISCOMs, consumers, and RESCO developers through a Power Purchase Agreement (PPA). The revised model can facilitate solar panel installation on consumer rooftops without upfront […] Read more
JSW Energy, Serentica, ReNew & Hero Solar Among Firms Winning 1.5 GW SECI Bid Updated On Wed, Mar 13th, 2024 by Saurenergy Four firms won the bid that was issued by Solar Energy Corporation of India’s (SECI) regarding 1.5 GW firm and dispatchable renewable energy from Inter-State Transmission System (ISTS) -connected projects. As per SECI, JSW Neo Energy, Serentica Renewables India, ReNew Solar Power and Hero Solar Energy were the winners in the auction by SECI. The […] Read more
Norwegian Firms Equinor, Scatec and Hydro Rein Launch 531 MW Solar Plant in Brazil Updated On Tue, Mar 12th, 2024 by Saurenergy Brazil welcomed the addition of a 531 MW to its grid, thanks to the efforts of the trio of Norwegian firms Equinor, Scatec and Hydro Rein. The latest plant, the Mendubim solar project in the Brazilian state of Rio Grande do Norte is one of the biggest stand alone solar projects in Brazil. Originally scheduled […] Read more
CERC Order Paves Way For Bundling RE With Thermal For DVC Updated On Wed, Mar 6th, 2024 by Saurenergy In an important order dated March 5 that paves the way for the signing of PPAs between Damodar Valley Corporation (DVC) on one side and ReNew Power and Avaada Energy for 500 MW of solar procurement, the Central Electricity Regulatory Commission (CERC) adopted the discovered tariffs proposed by DVC. The tariffs are notable for being […] Read more
Canadian Solar, Sol System Partner To Increase US Module Manufacturing Updated On Tue, Mar 5th, 2024 by Saurenergy Washington DC-based renewable energy company Canadian Solar Inc. and Sol Systems announced their recent partnership to scale new solar module production and procurement in the United States. Canadian Solar has secured a framework agreement to provide Sol Systems with a significant supply of modules from its newly ramped Texas module factory. Under the partnership, Canadian […] Read more
The Return of Reverse Auctions For Wind Energy- Bad News Or Normalcy ? Updated On Tue, Mar 5th, 2024 by Saurenergy Following reports that the government has instructed leading PSU energy developers to return to the reverse auction mechanism for wind energy tenders, SaurEnergy tried to check the veracity of the claim. Without coming on record, it appears that a communication has been sent to that effect, to NTPC, SJVN, NHPC and of course SECI, which […] Read more
