Soltec, Fraunhofer ISE Build New Prototype For Concentrating PV Updated On Thu, Aug 1st, 2024 by Saurenergy Soltec, a vertically integrated solutions provider in the photovoltaic solar energy sector, specializing in the manufacturing of solar trackers for large-scale projects, has partnered with the Fraunhofer Institute for Solar Energy Systems ISE to develop a new prototype consisting of a two-axis tracker for concentrating photovoltaic applications. This project, led by Fraunhofer ISE, aims to […] Read more
South America Could Become Next Frontier For Offshore Wind Updated On Wed, Jul 31st, 2024 by Saurenergy South America, for long the forgotten continent in solar and wind energy until the early 2020s, is playing catch up finally. Even as large solar projects have been the preserve of Brazil and Chile until now, when it comes to wind, it is offshore wind that is promising some major changes. The largest country in […] Read more
UPERC Proposes To Change Eligibility Criteria For Open Access Updated On Tue, Jul 30th, 2024 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission (UPERC) has now come up with a new draft regulation to bring amendments to its Open Access Rules of 2019. It has asked the stakeholders to submit their responses to the draft regulations by August 29, 2024. The state power regulator, in its latest draft regulation has proposed to […] Read more
Oman Attracts 10 GW Module/Cell Facility From Q-Sun Updated On Tue, Jul 30th, 2024 by Saurenergy Countries in West Asia continue to focus on solar capacity as well as manufacturing with some success. The latest to join the manufacturing bandwagon in the sun drenched region is Oman, where Chinese solar manufacturer Q-Sun Solar has signed a deal to develop a 10GW n-type solar module and cell manufacturing facility. According to Q-Sun, […] Read more
PM Surya Ghar, Green Corridor, PM-KUSUM Get Financial Push Updated On Thu, Jul 25th, 2024 by Saurenergy The latest Union Budget presented by Union Finance Minister Nirmala Sitharaman indicated a financial push to several renewable energy schemes. This includes fresh or increased allocations for programmes like PM Surya Ghar, PM-KUSUM scheme, Green Corridors, Green Hydrogen and grid-connected hydro projects. Details from the budget’s expenditure documents revealed that the ministry allocated Rs 6,250 […] Read more
Jakson Green Secures Rs 2.96bn Credit Facility From First Abu Dhabi Bank Updated On Mon, Jul 22nd, 2024 by Saurenergy Jakson Green Private Limited, a new energy transition platform, has secured a credit facility of Rs 2.96 billion from First Abu Dhabi Bank (Mumbai). The company said that this financing will fuel the company’s international expansion, with Uzbekistan serving as the first beneficiary for its upcoming solar photovoltaic (PV) and battery storage project. “As Jakson […] Read more
JSW Energy Reports 80% Rise In Net Profits In Q1 Updated On Sun, Jul 21st, 2024 by Saurenergy JSW Energy has published its latest financial results for the first quarter of Financial Year 2024-25. The information submitted by the company before BSE revealed that the company has raised its net profit by around 80 percent on a Year-on-Year (YoY) basis. As per the details, the company reported a total Profit After Tax (PAT) […] Read more
Budget 2024: CareEdge Ratings Bats For More Support For Renewables Updated On Fri, Jul 19th, 2024 by Saurenergy CareEdge Ratings in its latest report on Budget expectations talked about the need to reduce the Goods and Services tax (GST) on renewable energy components upto 5 percent to boost the sector. This comes days before the announcement of the Union Budget by Finance Minister Nirmala Sitharaman. CareEdge in its report talked about the need […] Read more
What The Renewable Industry Expects From Union Budget? Updated On Fri, Jul 19th, 2024 by Saurenergy Days ahead of the Union Budget 2024, the Indian renewable energy companies have pinned their hopes on the event. A number of green companies have shared their expectations from the budget. Several of them batted for attention of better taxation regime, working on the hurdles for the green companies and suggested several means that can […] Read more