MoP may Consider Extending ISTS Charges Waiver beyond 2022: RK Singh Updated On Wed, Jun 17th, 2020 by Saurenergy RK Singh has said the MoP may consider extending beyond 2022 the waiver of Inter-state Transmission System (ISTS) charges for renewable energy projects. Union Power Minister RK Singh has said that the power ministry (MoP) may consider extending beyond 2022 the waiver of Inter-state Transmission System (ISTS) charges for renewable energy projects. Last year in November, the ministry had extended […] Read more
US’ DFC Okays $350 Mn for Development in India Including over $200 Mn for Solar Updated On Fri, Jun 5th, 2020 by Saurenergy The US-Based Development Finance Corporation (DFC) has sanctioned about $350 million of investment for development in India under various projects including more than $200 million for the solar energy projects. DFC is an independent agency of the US Government that provides financing for private development projects. This investment is part of the $1 billion of […] Read more
IndiGrid Reports 92% Jump YoY in Revenue for Fourth Quarter Updated On Thu, May 28th, 2020 by Saurenergy IndiGrid has reported consolidated revenue of Rs 328.4 crore for the quarter ended March 31, 2020, up 92 percent YoY from Rs 170.5 crore in Q4 2019. IndiGrid, India’s first power sector Infrastructure Investment trust (InvIT), has announced its results for the financial year ended March 31, 2020. The firm has reported consolidated revenue of […] Read more
Solar Tariffs in India Stabilizes at Lower Rates than Thermal, Coal Updated On Fri, May 22nd, 2020 by Saurenergy The current tariffs in the solar sector in India which are hovering around Rs 2.50-2.87/kWh have stabilised at rates about 20 percent to 30 percent below the cost of existing thermal power in India, and up to half the price of new coal-fired power, said the study. The study, which was undertaken by IEEFA and […] Read more
Facebook Green Energy Goals Speeding Transition in New Mexico: IEEFA Updated On Mon, May 18th, 2020 by Saurenergy Construction of a major Facebook data center in New Mexico has lifted the local economy and accelerated the state’s transition toward renewable electricity Construction of a major Facebook data center in Los Lunas, New Mexico, has lifted the local economy and accelerated the state’s transition toward renewable-powered electricity, concludes a report published recently by the Institute […] Read more
Sterling And Wilson Solar Adds Rs 3015 crore Australian order to Kitty Updated On Mon, May 18th, 2020 by Saurenergy Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), today announced that it has signed (along with its branch and Australian subsidiary) an EPC contract of approx. AUD 525 million (~ INR 2,600 crore) as well as the Operation and Maintenance (O&M) contract of approx. AUD 85 million (~ INR 415 […] Read more
SolarEdge Posts Record Revenue at $431.2 Mn in Q1; Driven by Solar Biz Updated On Thu, May 7th, 2020 by Saurenergy Israel-based smart energy technology specialist, SolarEdge Technologies (SolarEdge) has reported its robust total revenue jumped by 59 percent at USD 431.2 million in the first quarter of 2020 from USD 271.9 million last year, mainly on account of record revenue from the solar business. Moreover, it’s net diluted earnings per share (EPS) during the quarter […] Read more
Solis 110kw String Inverter for Commercial Rooftop Applications Updated On Sat, May 2nd, 2020 by Saurenergy 1. PRODUCT PROFILE Solis 110kW is designed to achieve low LCOE in commercial installations, increasing system returns through a more intelligent, reliable, efficient and secure string inverter technology solution. Solis is making full use of its fifth-generation technology platform in its new 110kW string inverter designed for commercial rooftop applications. The fifth-generation platform incorporates industry […] Read more
COVID-19 Halts up to 3 GW of Wind, Solar Projects in Australia Updated On Mon, Apr 20th, 2020 by Saurenergy The global COVID-19 pandemic has hit the renewables industry hard in Australia, postponing or cancelling the financial close of up to 3 GW of projects The global COVID-19 pandemic has hit the renewables industry hard in Australia, postponing or cancelling the financial close of up to 3 gigawatts (GW) of projects according to a new […] Read more
