Poor Policy Shackling Pakistan’s Solar Potential: IEEFA Updated On Fri, Jun 16th, 2023 by Saurenergy Innovating Pakistan’s power purchase agreements (PPA) for renewable projects, and offering price stability to de-risk the market, are crucial to restore investor confidence, according to a new report authored by Haneea Isaad, an Energy Finance Analyst at the Institute for Energy Economics and Financial Analysis (IEEFA). The new report analysed the efficacy of incentives available […] Read more
Rajasthan To Have Mandatory Energy Storage Obligation From Next Year Updated On Wed, Jun 14th, 2023 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC), in its latest suo motu order, ordered the finalization of its new regulations related to Renewable Purchase Obligations (RPO)s for the obligated entities in the state. It came after the Ministry of Power earlier made a trajectory of RPOs of different clean sources. The new regulations have batted for a […] Read more
Lightsource bp Secures $460 Million For 368-MW Utility Scale Solar Projects Updated On Fri, Jun 2nd, 2023 by Saurenergy Global renewable energy firm Lightsource bp has closed on a $460 million multi-project financing package, which will support the construction and operation of a 368 MW portfolio. This RE portfolio comprised of two utility-scale solar projects in the United States. The debt for this project has been managed by Bank of America, ING Capital, Lloyds […] Read more
Nexamp Secures $400 Million for Community Solar in Six US States Updated On Thu, Jun 1st, 2023 by Saurenergy Boston based national clean energy provider Nexamp has announced over $400 million in tax equity and debt commitments led by US Bancorp Impact Finance and Mitsubishi UFJ Finance Group (MUFG). The funds will support the creation of 49 solar power and battery storage projects in six US states. The renewable energy projects will come up […] Read more
India’s Solar O&M Market: A tale of increased domination of new evolving technologies Updated On Tue, May 30th, 2023 by Saurenergy If you track the Indian solar sector or are a regular SaurEnergy reader, you might remember the increasing frequency of news reports on the topic of robotic cleaning of solar panels. Be it Ecoppia, Airtouch (incidentally, both are Israeli firms), or the domestic Skilancer Solar and many more, robotic cleaning has created a disruption in […] Read more
New Solar Plant in Chandigarh To Meet Complete Power Demand of UT Secretariat Building Updated On Tue, May 30th, 2023 by Saurenergy The city of Chandigarh is set to welcome a solar energy plant with capacity worth 800 kW in Artificial Lake Parking. The project cost is pegged at over Rs 4.66 Cr. It will also entail operation and maintenance for a span of ten years. The said plant will generate 96000 Kwh units every year, promising […] Read more
5 Solar Energy Myths That Need To Be Buried For Good Updated On Mon, May 29th, 2023 by Saurenergy Despite the many benefits that solar energy offers, it continues to be shrouded in myth. However, in the recent past, particularly the last five years, solar has overcome challenges, and many myths, like few heralded energy sources before it. Saur Energy deflates the most common myths around solar. We hope these have not kept you […] Read more
Elawan Energy, BW Ideol Partner for Multi-GW Floating Offshore Wind Projects Updated On Mon, May 29th, 2023 by Saurenergy Construction and Engineering firm BW Ideol has signed a head of terms with Spanish clean energy major Elawan Energy for the joint development of floating offshore wind pipeline off Spain and Portugal. The two firms have not yet declared the actual capacity of the wind energy project but have said that it will of multi-GW […] Read more
SNEC Diary- Solar Shines Bright Updated On Mon, May 29th, 2023 by Saurenergy At SNEC PV Power Expo 2023 in Shanghai, the show remained about the tremendous China story in the sector, with over 95% of 2,700 odd exhibitors from that country. This year, total indoor and outdoor halls were increased to 34, covering a total exhibition area of 270,000 square meters. Over 2,00,000 visitors made the trip […] Read more
