Zhongnan Group Starts Construction of a New 5 GW Solar Factory Updated On Thu, Jul 15th, 2021 by Saurenergy The Zhongnan Group recently held a ceremony to set up a new solar production plant whose annual manufacturing capacity is said to be 5 GW. The group is the main investor behind the well-known electric services company ReneSola, which is known for selling solar PV modules globally. The ceremony was held in Hai’an Economic Development Zone […] Read more
SECI’s 1200 MW ISTS Connected Solar Tender For Karnataka Is Out Updated On Wed, Jul 14th, 2021 by Saurenergy The Solar Energy Corporation of India (SECI) has finally floated the much awaited 1,200 MW ISTS-connected (Interstate transmission system) solar tender for (Tranche X) in Karnataka. A large tender for Karnataka comes after a significant gap, considering the high penetration of renewable energy in the state already. The last date to submit bids is Friday, […] Read more
US Utility-scale Solar PV to Cost $16.89/MWh by 2030, Expects NREL Updated On Wed, Jul 14th, 2021 by Saurenergy A new report published by research institute National Renewable Energy Laboratory (NREL) has found that the prices of utility-scale solar PV in the US could down as much as $16.89/MWh by 2030. US Department of Energy‘s NREL specializes in the research and development of renewable energy, energy efficiency, energy systems integration, and sustainable transportation. Its 2021 […] Read more
Enel Green Acquires 3.2 GW Solar Portfolio in the United States Updated On Wed, Jul 14th, 2021 by Saurenergy Renewable energy company Enel Green Power North America has acquired a 3.2 GW portfolio of solar and solar-plus-storage projects from Dakota Renewable Energy, a joint venture between Dakota Power Partners and Eolian. The 24 development-stage projects, including 450 MW of storage capacity, are located in the Mid-Atlantic, Midwest and Western United States and are planned […] Read more
Global Solar Lighting Systems Market to Reach $11.2 Billion by 2026 Updated On Wed, Jul 14th, 2021 by Saurenergy A research report published by Global Industry Analysts Inc., (GIA) makes the prediction that the global solar lighting market will reach $11.2 billion by 2026. The global market for Solar Lighting Systems is estimated at US $ 5.5 Billion in the year 2020. Thus, the revised size of US$11.2 Billion by 2026 will entail growing […] Read more
Kerala’s 1kW Rooftop Solar Systems to be Available at Rs 53,651 Updated On Wed, Jul 14th, 2021 by Saurenergy The lowest bid received by the Kerala State Electricity Board (KSEB) for residential rooftop solar systems of up to 1 kW has been discovered to be ₹53,651/kW. In February this year, KSEB floated a tender to empanel contractors for providing EPC (engineering, procurement, and construction (EPC) services for 200 MW of grid-connected residential rooftop solar […] Read more
IndiGrid InvIT Completes Rs 660 crore Acquisition Of Fotowatio’s India Solar Assets Updated On Wed, Jul 14th, 2021 by Saurenergy IndiGrid, the Infrastructure investment trust (InvIT) has announced the formal acquisition of the entire stake in two solar energy assets with cumulative capacity of 100 MW from Spanish developer Fotowatio Renewable Ventures (FRV) at an enterprise value of Rs 660 crore. The firm had actually made a regulatory filing on these back in December 2020. […] Read more
NHPC Enters Rajasthan, with 600 MW Solar Tender Updated On Wed, Jul 14th, 2021 by Saurenergy Hydro energy PSU NHPC (National hydroelectric Power Corp), which has also made some strong solar energy plans, has invited bids for a 600 MW ISTS (Inter State Transmission System) connected solar project. The tender, which covers engineering, procurement, and construction (EPC) for the project/s, is planned for Deora village of the Jaisalmer district in Rajasthan. […] Read more
NTPC REL Gets Busy As MNRE Approves 4750 MW Solar Park in Gujarat Updated On Wed, Jul 14th, 2021 by Saurenergy Power Major NTPC’s renewable energy arm, NTPC Renewable Energy Limited (NTPC REL) is filling up its pipeline of projects quickly, as it will now set up India’s single-largest solar photovoltaic project at Rann of Kutch at Khavada in Gujarat, the company said on Tuesday. the announcement comes barely a month after the state owned power major […] Read more