Key Policy Challenges To a Thriving C&I Market for Solar In India Updated On Mon, Aug 2nd, 2021 by Saurenergy The Solar Energy sector has emerged as a potential green technology to address climate change issues by reducing dependence on conventional fossil fuel-based energy. India has a target to install 100 GW of solar energy capacity with a commitment to increase the renewable sources-based energy capacity to 175 GW by 2022. Under this, 40 GW […] Read more
Trade-led Solar PV Deployment Likely to Create 40 M Jobs by 2050: Study Updated On Mon, Aug 2nd, 2021 by Saurenergy A new joint report by International Renewable Energy Association (IRENA) and World Trade Organisation (WTO) examines how trade policies can support cost reductions, deployment of components & job creation in the solar PV sector. The report entitled “Trading into a Bright Energy Future: The Case for Open, High-quality Solar Photovoltaic Markets” finds, among other things, that trade-led solar […] Read more
ACME Solar Raises $334 Million Through Offshore Green Bonds Updated On Fri, Jul 30th, 2021 by Saurenergy India’s solar power developer ACME Solar has today announced raising USD 334 million through offshore green bonds. The investment has been raised for 12 of ACME’s solar projects in India, and it will be funded by U.S. dollar-denominated green bonds. These bonds have received the green certification from Climate Bonds Initiative. Also, they will be […] Read more
First Solar Signs Up For Make in India With 3.3 GW Manufacturing facility in India Updated On Fri, Jul 30th, 2021 by Saurenergy First Solar, Inc. (Nasdaq: FSLR) today announced that it intends to invest $684 million in a new, fully vertically-integrated photovoltaic (PV) thin film solar module manufacturing facility in India. Contingent upon permitting, and pending approval of Indian government incentives that are satisfactory to First Solar, the advanced facility is expected to commence operations in the second […] Read more
REC Limited Issues 125 MW Solar tender for Uttar Pradesh Districts Updated On Fri, Jul 30th, 2021 by Saurenergy REC power Distribution company Limited (RECPDEL), a subsidiary company of REC Limited has issued a notice or two solar projects in UP’s Kanpur Dehat and Jalaun District, for solar projects. The size of the solar projects has been pegged at 50 MW ac for Kanpur and 75 MW ac for Jalaun. The location f the […] Read more
Floating Solar On A Growth Path Updated On Thu, Jul 29th, 2021 by Saurenergy In Solar’s rise to pre-eminence from a fringe renewable energy option just a decade back, it’s time to consider the rise of floating solar (also called floatovoltaics in many cases). To think that it did not even exist at any scale till 2013. The earliest patent on floating solar was taken out only in 2008. […] Read more
Arctech Solar Delivers 575 MW SkySmart II Trackers in North China Updated On Thu, Jul 29th, 2021 by Saurenergy A leading tracking, racking, and BIPV solutions provider, Arctech Solar has announced that it has delivered the SkySmart II tracking system to a 575 MW agriculture-sharing solar project located in Nangong City, Hebei Province, China. This largest 2P multi-point drive tracking system including the bifacial modules project, endured multiple hits by high winds, and the […] Read more
C&I Rooftop to Add 1875 MW Solar Capacity in India in 2021: IEEFA, JMK Updated On Thu, Jul 29th, 2021 by Saurenergy India’s commercial and industrial (C&I) segment in calendar year 2021 is estimated to grow by 47% on a year-over-year basis to add 1,875 MW of new capacity, shows a new report published by Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research. The report titled “Emerging technology trends in the C&I rooftop solar market in […] Read more
Auto Major Mahindra & Mahindra Sets Up 58 MWp Captive Solar Plant Updated On Thu, Jul 29th, 2021 by Saurenergy Mumbai-headquartered auto major Mahindra & Mahindra Ltd. is adopting a 58 MWp captive solar plant that is expected to generate about 100 million units of power annually beginning 2022. Located in Parbhani district in the Marathwada region of Maharashtra, the solar plant will be built, owned, and operated for a period of 25 years by […] Read more