UP Regulator Eases Power Procurement From Exchanges For Industry Updated On Wed, Aug 18th, 2021 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission, in its recent tariff order dated 29th July 21 for the financial year 2022 has made some key changes that could have a positive impact on the industry as well as renewable energy projects in the state. The regulator announced a reduction of up to 64 paise per unit […] Read more
4 Days to Aug 22 Deadline for Feedback on Rooftop Solar Guidelines Updated On Wed, Aug 18th, 2021 by Saurenergy The revised deadline for feedback on rooftop solar systems is August 22. The MNRE has shared a detailed feedback document for stakeholders to share their feedback. As readers are aware, India has performed quite poorly on its rooftop solar segment. From a target of 40 GW out of the 100 GW of solar capacity that […] Read more
Canadian Solar Reports $1.43 Billion Revenues in Q2 FY21, a 105% YoY Increase Updated On Tue, Aug 17th, 2021 by Saurenergy Canadian Solar Inc. has announced its financial results for Q2 FY21 with strong revenues of $1.43 billion. The firm reports that net revenue in the Q2 FY21 grew by 105% YoY and 31% QoQ to $1.43 billion. The sequential improvement was driven by an increase in module shipments and average selling price (ASP), growth in […] Read more
Nanotech Energy Secures $64 M for Global Graphene Business Updated On Wed, Aug 11th, 2021 by Saurenergy American graphene-based batteries maker Nanotech Energy has raised $64 million Series D funding at a $550 million post-Series D valuation to accelerate international expansion, including the launch of its EU headquarters in Amsterdam, and to develop a new high-volume graphene battery manufacturing facility in Reno, Nevada, US. Led by Taiwan’s largest financial services company, Fubon Financial Holding […] Read more
Innowatts Deploys Grid Edge Solutions in US & UK Updated On Wed, Aug 11th, 2021 by Saurenergy Gurugram-headquartered Innowatts, an AI-based solutions provider, has announced the deployment of its grid edge management solutions in collaboration with several major partners- the City of Fargo, North Dakota, US; Scottish and Southern Electricity Networks (SSEN), UK; etc.- which are seeking to accelerate their energy transition. Innowatts’ Grid Edge Management module enables fully automated and near […] Read more
SECI, Renew Power Sign PPA For 400 MW RTC Tender Won In 2020 Updated On Mon, Aug 9th, 2021 by Saurenergy ReNew Power has announced the signing of a Power Purchase Agreement (PPA) for Round-The-Clock (RTC) electricity supply, the first-of-its-kind in India. The PPA was signed with the Solar Energy Corporation of India (SECI) ReNew had won the bid to supply Round-The-Clock power in 2020 through an auction conducted by SECI. As per the contract, ReNew […] Read more
These 5 Firms Moved To Solar in 2021. How Many Will Follow? Updated On Wed, Aug 4th, 2021 by Saurenergy Indian corporates across energy-intensive sectors are increasingly adopting solar for captive use, the latter comprising a solar power plant that is deployed by a company for its own consumption. That is, power generated by such a solar power plant is consumed entirely by the developing company itself. For instance, Mumbai-headquartered auto major Mahindra & Mahindra Ltd. […] Read more
Corporates Almost Match Utilities As Solar Installs Hit New High In the US Updated On Tue, Aug 3rd, 2021 by Saurenergy A report by the American Clean Power Association (ACPA) highlights the key role played by corporate demand in solar power, with the 2020 numbers as reference. Residential rooftop continues to provide a strong support to the market on the back of state subsidies. In 2020, the amount of solar installed in the US was 4000% […] Read more
The 7-Point Checklist Before You Finalize Your Rooftop Solar System Updated On Mon, Aug 2nd, 2021 by Saurenergy Solar power is still considered new in India. It was in 2010 when Government of India launched National Solar Mission (NSM) as a key initiatives with an aim to promote sustainable ecological growth while solving for country’s energy security. From 1.2 GW in 2012 to 40 GW in 2021, Solar Energy in India today is […] Read more
