CIT Leads $69 Million Financing for Solar Portfolio Updated On Thu, Jan 14th, 2021 by Saurenergy CIT Group Inc. has announced that its Power and Energy business led a $69 million financing for a portfolio of solar facilities owned and operated by Strata Solar LLC, a leading integrated solar and storage energy service provider based in North Carolina. The 23 operating solar assets in the portfolio, a majority of which are located […] Read more
JinkoSolar N-Type Mono Modules set Record Efficiency of 23.01% Updated On Wed, Jan 13th, 2021 by Saurenergy JinkoSolar has announced that the company’s N-type mono modules have been confirmed to hit a record-high conversion efficiency of 23.01% Chinese module manufacturer JinkoSolar has announced that the company’s latest developed N-type mono modules have been tested by the authoritative third-party organization TÜV Rheinland. And, it has been confirmed that the Jinko N-type panels hit […] Read more
Sterlite Power Completes Merger of Subsidiary; Announces Annual Results Updated On Wed, Jan 13th, 2021 by Saurenergy Sterlite Power has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures with the parent entity. Sterlite Power, a leading global power transmission player, has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures Ltd. with the parent entity. With this merger, the company further […] Read more
Technical Complexities Will see Hybrid Tariffs Garner a Premium Over Solar: Ind-Ra Updated On Tue, Jan 12th, 2021 by Saurenergy Ind-Ra believes technical complexities in hybrid renewable project development could weigh on the project economics and tariffs assumption. A new research note by India Ratings and Research (Ind-Ra) believes that upcoming wind-solar hybrid auctions will spark cautious optimism among independent power producers. Technical complexities related to grid integration and inclusion of floor capacity proportion of […] Read more
India’s Solar Manufacturing- A Tale of failed Government Initiatives Updated On Mon, Jan 11th, 2021 by Saurenergy India’s solar manufacturing prowess, or lack of it, has been a regular cause for concern ever since the country started powering forward in capacity additions from 2016 onwards. A new report from IEEFA and JMK Analytics puts the spotlight on the sector, especially on its failure to ramp up even as demand went up domestically. […] Read more
Sterlite Power Raises Rs 200 Crore, Focus on Greening the Grid Updated On Mon, Jan 11th, 2021 by Saurenergy Sterlite Power has raised Rs 200 crore in debt financing from Allianz GI, representing the firm’s 1st infrastructure sector deal in India. Sterlite Power, a leading global power transmission player, has announced that it has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) – a leading investment managers firm with […] Read more
ACWA Power, APICORP Sign on $125 Mn Facility to Accelerate Green Transition Updated On Fri, Jan 8th, 2021 by Saurenergy APICORP and ACWA Power have signed on a USD 125 million 5-year corporate facility to support ACWA Power’s future growth pipeline. APICORP, a leading multilateral development financial institution, and ACWA Power, a leading Saudi developer, have announced the signing of a USD 125 million 5-year Shariah-compliant corporate facility to support ACWA Power’s future growth pipeline. […] Read more
1 Mn E-2W Sales Target by March 2022 Under FAME-II ‘Nowhere in Sight’: SMEV Updated On Thu, Jan 7th, 2021 by Saurenergy The ambitious target of generating a sale of 1 million E-2W by March 2022 under FAME-II is nowhere in sight, the SMEV has said. With just 25,735 units of high-speed electric two-wheelers (E-2W) sold in 2020, the ambitious target of generating a sale of 1 million such vehicles by March 2022 under FAME-II is nowhere […] Read more
Vikram Solar Launches Series 6 Modules With Next-Gen M6 Cells Updated On Wed, Jan 6th, 2021 by Saurenergy Vikram Solar has launched its new Series 6 modules- Somera and Prexos, designed incorporating the next-generation M6 type of cells. Vikram Solar, a leading domestic module manufacturer based out of West Bengal, has announced the launch of its new Series 6 modules- Somera and Prexos, that have been designed incorporating the next-generation M6 type of […] Read more
