TPG Forms RE Firm With Acquisition of 1 GW Portfolio From Trina Solar Updated On Wed, Jul 1st, 2020 by Saurenergy The Rise Fund, managed by alternative asset firm TPG, has announced the acquisition of approximately 1 GW of solar PV projects from Trina Solar. The Rise Fund, a global impact investing fund managed by alternative asset firm TPG, has announced the acquisition of approximately 1 gigawatt (GW) of solar PV projects from Changzhou, China-based Trina […] Read more
Understanding The Record Rs 2.36 Bid at SECI’s 2 GW auction. Just Covid 19? Updated On Wed, Jul 1st, 2020 by Saurenergy Shortly after we received news of the record low prices or SECI’s 2 GW ISTS tender, we checked with our sources at SECI on the reasons for the low bid. The short answer? ” We are equally surprised”. Solarpack corporacion of Spain was the surprise winner, with its bid at Rs 2.36 for 300 MW. […] Read more
Let’s Make India The Recycling Hub Of The World: Rajat Verma Updated On Wed, Jul 1st, 2020 by Saurenergy As India takes slow and steady steps towards e-mobility, the big opportunity you won’t hear about is recycling of batteries. Especially critical considering the high cost of Lithium-Ion batteries, and the sourcing risk for raw materials. Enter Rajat Verma, Founder at Lohum Cleantech. The firm is into manufacturing of 1st and 2nd life battery packs […] Read more
Floating Solar to Generate 900% More Electricity Across APAC: IEEFA Updated On Wed, Jul 1st, 2020 by Saurenergy Asia leads Europe in deploying floating solar, also known as floating photovoltaic (FPV), a new IEEFA report finds. Energy finance analysts Sara Jane Ahmed and Elrika Hamdi at the Institute of Energy Economics and Financial Analysis (IEEFA) note that power demand in the Philippines and Malaysia has dropped by as much as 16 percent during the COVID-19 […] Read more
A World Solar Bank and India’s Solar Ambitions. Updated On Tue, Jun 30th, 2020 by Saurenergy In the past week, talk of a World Solar Bank, midwifed by the International Solar Alliance (ISA), Prime Minister Modi’s biggest foreign policy initiative has picked pace again. The ISA, whose overarching mandate can be considered the raising of 1 trillion dollars to build, spread and sustain solar energy worldwide, with special attention to the […] Read more
PFC, REC may Restrict Funding for Projects Using Chinese Equipment Updated On Tue, Jun 30th, 2020 by Saurenergy The government’s economic response against China may see public-sector financiers like PFC, REC restricting funding of projects that use equipment from the country The government’s economic response against China may see public sector financiers restricting funding of projects that use equipment from the neighbouring country. The practice would first be adopted in the power sector, […] Read more
DGTR to Conduct Hearing on Safeguard Duty for Solar Cell Imports Updated On Tue, Jun 30th, 2020 by Saurenergy The DGTR has called an oral hearing on July 3, 2020, to take forward the ongoing probe on the continued imposition of safeguard duty on solar cell imports. The investigation arm of the Ministry of Commerce and Industry, the Directorate General of Trade Remedies (DGTR) has called all concerned parties for an oral hearing on […] Read more
Leading Wind Turbine Suppliers in India in 2019 Updated On Tue, Jun 30th, 2020 by Saurenergy Here in this article, we list the top wind turbine suppliers in India for the year 2019, which saw a total of 2.4 GW in installations. India is the world’s fourth-largest onshore wind market by installations, with 37.5 GW of capacity as of 2019, and has the potential for more than 695 GW at 120 […] Read more
Can India become self-reliant in solar equipment, especially modules and cells, in 5 years? Updated On Mon, Jun 29th, 2020 by Saurenergy During the current scenario where a wave of ‘AatmaNirbhar’ and ‘Vocal for Local’ is gaining traction amid global economic turmoil on the back of coronavirus pandemic, there is also a need to check that how far we have reached till now, what will be the challenges and how far will be the road ahead in […] Read more