US Solar PV Project Order Worth Rs 890 Crore for Sterling and Wilson Updated On Wed, Mar 31st, 2021 by Saurenergy Sterling and Wilson Solar Solutions, the US subsidiary of SWSL has signed a solar project order worth ~ Rs 890 crore in the US Sterling and Wilson Solar Solutions (SWSS), the US subsidiary of Sterling and Wilson Solar Limited (SWSL) has announced that it has signed an order worth USD 121.7 million (~ Rs 890 […] Read more
KPTL Secures Domestic and Foreign Orders Worth Rs 625 Crore Updated On Wed, Mar 31st, 2021 by Saurenergy KPTL has announced that it has secured new orders/ notification of award worth a combined Rs 625 crore Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in the power and infrastructure contracting sector has announced that it has secured new orders/notification of award worth a combined Rs 625 crore. The projects have been […] Read more
Global Solar Installations to Grow 27% to Reach 181 GW in 2021: IHS Updated On Tue, Mar 30th, 2021 by Saurenergy According to a report by IHS Markit, the new global solar photovoltaic (PV) installations are expected to grow by 27 percent this year to a record 181 gigawatts (GW), led by China, the United States, and India. However, new solar PV installations were at 142 GW in the year 2020. Although this year the prices […] Read more
Berlin-based Betteries Closes €2.1m Seed Funding Round to Upcycle EV Batteries Updated On Tue, Mar 30th, 2021 by Saurenergy Betteries, a startup based in Berlin which upcycles electric vehicle (EV) batteries into affordable power systems, announced that it has successfully closed its Euro 2.1m seed funding round led by impact funds Factor[e] Ventures and Beyond Black. Speaking of this investment achieved, CEO and founder of betteries, Dr. Rainer Hönig stated, “This seed round is […] Read more
Global Wind Power Installations Hit Record Levels in 2020 Updated On Tue, Mar 30th, 2021 by Saurenergy Industry to install nearly 1 TW of new capacity from 2021 to 2030 114 GW of new wind capacity was added globally in 2020, representing an 82% increase year-over-year (YoY), according to new research from Wood Mackenzie. This is the highest global annual installation total on record. China’s National Energy Administration reported 72 GW […] Read more
After Record 2020, South Korea To See Moderation In Solar Growth Updated On Fri, Mar 26th, 2021 by Saurenergy South Korea, which has emerged as an unexpected bright spot for growth in the past three years, added almost 4.1 GW of solar in 2020.That places the country well above other relatively large markets like India for instance, which added barely 3.2 GW in 2020. The large additions in South Korea have been a function […] Read more
Ministry of Power : Discoms Can Continue Or Leave PPA After Term Completion Updated On Thu, Mar 25th, 2021 by Saurenergy The Ministry of Power has issued a letter enabling the Discoms to either continue or exit from the PPA (Power Purchase agreement) after completion of the term of the PPA i.e. beyond 25 years or a period specified in the PPA and allow flexibility to the Generators to sell power in any mode after State/Discom […] Read more
The BCD Calculus: Will It Deliver The Right Outcomes? Updated On Thu, Mar 25th, 2021 by Saurenergy As expected, once it did arrive, India’s Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, […] Read more
Solar Firms Almost Unanimous on 10 kW Rule for Net-Metering – It’s a Disaster Updated On Wed, Mar 24th, 2021 by Saurenergy While industry reaction to the new rules from the Ministry of Power that mandates net metering upto a limit of 10 kW only have been well reported, we decided to speak to installers across states to get a broader view. What we see is a very clear divide between a vast number of smaller installers, […] Read more
