Norway to become member of International Solar Alliance Updated On Wed, Apr 27th, 2022 by Saurenergy Norway has decided to become a member of the International Solar Alliance, an initiative of India aimed at promoting renewable energy and sustainable development. Norwegian Foreign Minister Anniken Huitfeldt announced Norway’s membership of the International Solar Alliance (ISA) during her official visit to India, a statement by the country’s Embassy said on Tuesday. The International […] Read more
5 Upcoming Trends that will dominate the power sector in the new fiscal Updated On Mon, Apr 25th, 2022 by Saurenergy The world faced numerous challenges in the last fiscal due to pandemic and consequent lockdown. Almost every sector felt the heat but they also indicated the signs of recovery; they are on the path of continuous rise. The new financial year stimulates hopes and aspirations across the sectors to reach the expected targets. The power […] Read more
Sungrow 2021 Results Deliver Strong Growth, Claims 30% Market Share Updated On Mon, Apr 25th, 2022 by Saurenergy Leading Inverter and energy storage solution provider major Sungrow has released its annual report 2021, reporting a strong revenue increase and growth across both its renewable and storage businesses. Financials in 2021 The revenue increased by 25.15% to $3.74 billion (2020: $2.956 billion). The net income attributable to shareholders of a listed company came to […] Read more
Torrent Power Secures 50 MW Solar Power Plant from SkyPower Updated On Mon, Apr 25th, 2022 by Saurenergy Leading Ahmedabad based power player Torrent Power Limited has said that the company has acquired a 50 MW Solar Power Project from SkyPower Group. Torrent informed that the enterprise value for this acquisition is somewhere about Rs 417 crore subject to closing price adjustments, in case there are any and the acquisition is further subject […] Read more
Biliti Electric Plans World’s Largest Electric Three-Wheeler Mfg. Facility Telangana Updated On Wed, Apr 20th, 2022 by Saurenergy California, US-based Biliti Electric Inc (Biliti) has announced plans to setup the world’s ‘largest’ electric three-wheeler factory in Telangana, with a production capacity of 240,000 electric vehicles each year. The new plant is estimated to drive private investment of USD 150 million and expected to create over 3,000 jobs in the State aligning with the […] Read more
Masdar Signs Agreement with Kyrgyzstan to Develop 1GW Renewable Projects Updated On Wed, Apr 20th, 2022 by Saurenergy The Central Asian economies are looking to diversify their energy basket in order to reduce their carbon emissions and reduce dependence on fossil fuels which are mostly imported. In the latest development, United Arab Emirates based clean energy company Masdar has signed a memorandum of understanding (MoU) with the Ministry of Energy of Kyrgyzstan in […] Read more
THDC, Rajasthan Govt Sign Agreement to Develop 10,000 MW Solar Projects Updated On Mon, Apr 18th, 2022 by Saurenergy THDC India Limited has signed an agreement in Rishikesh with Renewable Energy Corporation Limited (RECL) for the development of large solar power projects with combined capacity of 10,000 MW in Rajasthan. With one of the highest solar irradiance in India, Rajasthan has been catching up aggressively in fresh solar capacity as well as planned capacity in […] Read more
Adani Solar Expands Retail Footprint With Channel Partner Appointment In Tamil Nadu Updated On Mon, Apr 18th, 2022 by Saurenergy Adani Solar, the Adani Group’s solar manufacturing arm, has announced the launch of its retail distribution business in Tamil Nadu with Festa Solar as the official channel partner for the region. Adani Solar has now extended its reach to more than 2,500 towns for the distribution of solar panels in India. Through this partnership with […] Read more
Deferment of ALMM Policy: A much awaited but temporary relief to the solar market Updated On Mon, Apr 11th, 2022 by Saurenergy India had ambitioned to achieve 100 GW of solar installation by 2022. However, as per MNRE, we had achieved only 51 GW of solar by Feb 2022. While we haven’t met the goal, there has been meaningful and significant growth in the overall solar industry. Also, the Government has set a steeper target of 280 […] Read more
