Reliance NU Energies Makes Key Appointments Updated On Wed, Dec 11th, 2024 by Saurenergy Reliance NU Energies Private Limited, a subsidiary of Reliance Power, has inducted two key people in its leadership: Mayank Bansal as Chief Executive Officer (CEO) and Rakesh Swaroop as Chief Operating Officer (COO), who have a combined experience of over 40 years in the energy sector. The two energy sector veterans will helm Reliance Power’s […] Read more
Juniper Green Inks Landmark 1GW Module Order With First Solar Updated On Tue, Dec 10th, 2024 by Saurenergy Juniper Green Energy has inked a landmark agreement with First Solar, Inc. for the procurement and supply of 1 gigawatts (GW) of its advanced Series 7 FT1 cadmium telluride (CdTe) thin film photovoltaic (PV) modules. The Gurgaon -based renewable energy company plans to deploy these modules in the coming financial year for its projects across […] Read more
Fraud Row: SECI Withdraws Curbs Against Reliance Power Updated On Wed, Dec 4th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has now backtracked on its plan to impose restrictions on Anil Ambani-led Reliance Power. The central utility had issued a notice around a month back to blacklist the company and its subsidiary to take part in SECI for three years. The original action came against allegations of allegedly […] Read more
COVER STORY: India Eyes Historic Rise Of Solar Cell Manufacturers Updated On Thu, Nov 28th, 2024 by Saurenergy So far, 2024 has been a remarkable year for the Indian solar industry. Not only has it met expectations so far in terms of capacity additions, it has also delivered a huge fillip to the rooftop solar sector, thanks to PM Surya Ghar and new momentum in promising schemes like PM-KUSUM, besides record additions in […] Read more
5 PPA Models Shaping Renewable Energy Procurement in US & Europe Updated On Wed, Nov 27th, 2024 by Saurenergy As renewable energy becomes a larger part of power grids across the globe, challenges like negative prices and reduced value for standalone profiles, particularly solar, are emerging, particularly in developed power markets. Market participants generally agree that the risk of negative prices will likely get worse before it improves. Innovative Power Purchase Agreements, or PPA […] Read more
Waaree Energies Bags 600 MW Solar Module Order Updated On Tue, Nov 26th, 2024 by Saurenergy Waaree Energies, the module manufacturing arm of the Waaree Group today announced bagging a 600 MW solar module order. The company in its filing before the exchanges informed its investors about the new order. The delivery of these modules is scheduled to begin in FY 2025-26, the firm said. This contract involves the supply of […] Read more
5 Challenges That Can Increase Solar Module Costs In India Updated On Mon, Nov 25th, 2024 by Saurenergy The Indian solar module manufacturing sector, once heavily reliant on Chinese imports for solar modules and cells, is gradually moving toward self-reliance. However, this transition brings its own set of hurdles, which could lead to increased costs for solar panels and project development, potentially pushing solar tariffs higher in the coming years. 1. Reduced Export […] Read more
Majority Of Punjab’s Govt Buildings Not Solarised, Indicates Data Updated On Thu, Nov 21st, 2024 by Saurenergy The latest data released by the Punjab Energy Development Agency (PEDA) reveals that the majority of government buildings in the state lack access to solar power. Most of these buildings do not have rooftop solar facilities, indicating a heavy reliance on grid electricity. This data emerges at a time when several state governments are actively […] Read more
Indian Solar Module Makers Plan In-House Aluminium Frame Production Updated On Tue, Nov 19th, 2024 by Saurenergy After exploring solar module and cell production, several Indian solar manufacturers are now venturing into in-house aluminium frame manufacturing—essential components of solar modules. Premier Energies, a notable solar module and cell maker, has committed Rs. 230 crore to this new venture. “We are also pleased to announce today our foray into aluminium frame manufacturing business […] Read more
