Renewable Enterprise Software Firm Pexapark Raises €6m Funding Updated On Mon, Jun 22nd, 2020 by Saurenergy Zurich, Switzerland based Pexapark has raised €6m in its second funding round. The firm was started up in 2017 by Michael Waldner, Luca Pedretti and Florian Müller, BayWa r.e. Energy Ventures, Encavis, and RP Global are the investors that have invested to back Pexapark’s software and advisory services that help manage financial risk in the […] Read more
With Focus On Chinese Imports, Familiar Tussle Returns For Solar Sector Updated On Mon, Jun 22nd, 2020 by Saurenergy Imports in the solar sector, where Chinese origin equipment is said to account for anything between 78 percent to 85 percent of equipment used, are back in focus. Reports quoting sources say that the government has sought product-wise details of cheap imports, comparison with domestic prices and tax disadvantage, if any, from industry to curb […] Read more
Power Grid to Separate its Central Transmission Utility Function Updated On Fri, Jun 19th, 2020 by Saurenergy In a landmark decision, the Ministry of Power has advised state-owned Power Grid Corporation of India Ltd (PGCIL) to separate its Central Transmission Utility (CTU) role. The move has been taken by the government in order to avoid the conflict of interests as since long back industry stakeholders were objected when in cases PGCIL called […] Read more
Keysight Unveils Nex-Gen PV Array Simulators to Maximize Solar Power Conversion Updated On Fri, Jun 19th, 2020 by Saurenergy With an aim to help engineers in maximizing solar power conversion, Keysight Technologies, a leading technology company, has introduced a new family of photovoltaic (PV) array simulators that are first to deliver 2000 V and 20 kW of power in a 3U format. In order to keep solar power at grid parity with competing methods […] Read more
RK Singh Asks Discoms to Submit Monthly Report on Grid Connected Rooftop Solar Program Updated On Fri, Jun 19th, 2020 by Saurenergy The Power and New & Renewable Energy Minister RK Singh directed power distribution companies (Discoms) and State Nodal Agencies (SNAs) to submit the monthly status of implementation of grid-connected rooftop solar program. The move came in the backdrop as the Ministry of New and Renewable Energy (MNRE) is implementing phase-II of grid-connected rooftop solar programme […] Read more
MNRE Adds New Mode in ‘Solar Parks and Ultra Mega Solar Power Projects’ Development Scheme Updated On Fri, Jun 19th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has introduced a new mode in its existing guidelines for the implementation of the scheme for the ‘Development of Solar Parks and Ultra Mega Solar Power Projects’. The move came in order to provide a further boost to the development of the renewable energy sector especially solar, […] Read more
Tata Power Renewable Gets another LoA; to Develop 100 MW Solar Plant in M’rashtra Updated On Fri, Jun 19th, 2020 by Saurenergy Continuing its winning streak, Tata Power Renewable Energy Ltd (TPREL), the renewable arm of utility giant Tata Power, has secured yet another Letter of Award (LoA) within few days for the development of a solar plant. Mumbai-headquartered Tata Power said in a statement on Friday that “it’s wholly-owned subsidiary TPREL has received a Letter of […] Read more
Dark Clouds Gathering Over C&I Segment, Says ICRA Updated On Fri, Jun 19th, 2020 by Saurenergy In a report carried by wire agencies, ICRA’s (Formerly Investment Information and Credit Rating Agency of India) sector head and VP Girishkumar Kadam has been quoted as saying that renewable energy developers, based on third party or group captive off-take remain exposed to regulatory risk. The segment, called the C&I or commercial and industrial segment […] Read more
Redavia’s Free Solar Leases Program Becomes Hit in Ghana, Kenya Updated On Thu, Jun 18th, 2020 by Saurenergy Redavia, which offers solar power for businesses and communities especially in East and West Africa, has signed four new contracts under its ‘COVID-19 Resilience Leases’ program in the Ghanaian and Kenyan region. Under the program, the company is offering businesses with 6 months of free solar to withstand the coronavirus crisis. One of the beneficiaries […] Read more
