Sterling and Wilson Solar Bags Rs 462 Crore Solar Project in Chile Updated On Fri, Sep 18th, 2020 by Saurenergy Sterling and Wilson Solar has signed an order of 106.71 MW solar project worth Rs 462 crore in Chile, work for which is expected to begin in Q4 FY 2021. Sterling and Wilson Solar has announced that it has signed an order of 106.71 MW solar project worth USD 62.6 million (~Rs 462 crores) in […] Read more
Solaria now Files ITC Complaint Against Canadian Solar Updated On Fri, Sep 18th, 2020 by Saurenergy On the heels of its lawsuit filed in March against Canadian Solar in a US District Court, Solaria has now filed additional claims against Canadian Solar with the ITC. On the heels of its lawsuit filed in March against Canadian Solar Inc. (CSIQ) in the US District Court for the Northern District of California, Solaria […] Read more
“Draconian” Rule in Proposed Changes For Consumers To Hit Solar Sector: EPC Firms Updated On Fri, Sep 18th, 2020 by Saurenergy The Ministry of Power has recently issued the draft rules providing for the ‘Rights of Electricity Consumers’ for the very first time. However, one provision included in the draft rules has managed to roil up smaller solar EPC companies at a key proposal within the rules. The power ministry stated that “having provided access to […] Read more
If RPO’s Are Drivers of Renewable Energy, An Exclusive Exchange for Green Power Is Fuel Updated On Thu, Sep 17th, 2020 by Saurenergy The Green Term Ahead Market (GTAM), launched on the Indian Energy Exchange (IEX) in August, has been touted as a huge step forward for renewable energy generators and buyers. SaurEnergy spoke to Rohit Bajaj, Head, Business Development at IEX on the new development. Q. What is the single biggest impact of GTAM you see on the market? […] Read more
LG Chem to Split Battery Business into new Enterprise Updated On Thu, Sep 17th, 2020 by Saurenergy LG Chem will split its battery business to create a new enterprise that will focus solely on battery technology and related operations. LG Chem has announced that it will split its battery business from the rest of its operations to create a new enterprise that will focus solely on the battery technology and related operations. […] Read more
Fourth Partner Energy Raises Rs 126 Crore to Expand Project Portfolio Updated On Thu, Sep 17th, 2020 by Saurenergy Fourth Partner Energy has raised Rs 126 crore in mezzanine funding from a consortium of European impact investment funds, led by Symbiotics. Fourth Partner Energy, one of India’s leading solar solutions firm for corporates, has announced that it has raised USD 16 million (~ Rs 126 crore) in mezzanine funding from a consortium of European […] Read more
TN, AP and Telangana Account for 71% Discom Dues to RE Generators Updated On Thu, Sep 17th, 2020 by Saurenergy Discoms are the weakest link in the entire value chain of the Indian electricity sector. Their inability to pay generators on time, manage their losses and improve on other inefficiencies weighs down the entire power sector. Discoms in India have been functioning sub-optimally and have even been described as a “leaking bucket”, due to their […] Read more
The World can and Must Achieve Net-Zero Emissions by 2050: Report Updated On Thu, Sep 17th, 2020 by Saurenergy A new report by ETC argues in its new report that the world can and must achieve net-zero greenhouse gas emissions by mid-century. A new report by the Energy Transitions Commission (ETC) argues in its new report that the world can and must achieve net-zero greenhouse gas emissions by mid-century and that “zero must mean […] Read more
Cochin Port Trust Tenders for 1.5 MW Floating Solar Projects Updated On Thu, Sep 17th, 2020 by Saurenergy The Cochin Port Trust has issued a tender for 1.5 MW grid-tied floating solar projects at the Backwaters near CoPT’s walkway avenue in Kerala. The Cochin Port Trust (CoPT) has issued a tender, inviting bids from eligible bidders for setting up of 1.5 MW (0.75 MW x 2) grid-tied floating solar projects at the Backwaters […] Read more
