Solex Initiates Ground Breaking Ceremony for the Construction of its 1.5 GW PV Module Manufacturing Facility near Surat, Gujarat Updated On Tue, Oct 20th, 2020 by Saurenergy Solex Energy earmarked the commencement of this ambitious 1.5 GW solar module manufacturing facility by breaking ground at its factory site near Surat. A few months ago, Solex Energy Limited had announced the expansion of its solar module manufacturing facility to 1.5 GW. The pandemic and the resulting call for being ‘Atma Nirbhar’ had propelled […] Read more
EDFR & Geenex Solar Transact on 4.5 GW Solar Development Portfolio Updated On Mon, Oct 19th, 2020 by Saurenergy EDFR North America and Geenex Solar have announced the close of an agreement of up to 4.5 GW pipeline of solar development assets throughout PJM. EDF Renewables (EDFR) North America and Geenex Solar have announced the close of an agreement of up to 4.5 gigawatt (GW) pipeline of solar development assets throughout PJM. The pipeline […] Read more
Power Consumption has Returned to Normal, Over 11% Growth in October Updated On Mon, Oct 19th, 2020 by Saurenergy India’s power consumption grew 11.45 percent to 55.37 BU in the first half of October this year, mainly driven by buoyancy in C&I activities. India’s power consumption grew 11.45 percent to 55.37 billion units (BU) in the first half of October this year, mainly driven by buoyancy in industrial and commercial activities, as per government data. According to the power ministry […] Read more
Renewable Energy Investments can Surge 35% Through FY23 in India: CRISIL Updated On Thu, Oct 15th, 2020 by Saurenergy Whetted global investor interest and enabling regulations can fuel a 35 percent growth in renewable energy investments in India through FY 2023. A new CRISIL analysis has estimated that by stimulating global investor interest and enabling regulations, India can fuel the addition of as much as 35 GW of renewable energy (solar and wind power) […] Read more
Power Consumption Grew by Over 13% in First Week of October Updated On Fri, Oct 9th, 2020 by Saurenergy Power consumption in the country recorded double-digit growth in the first week of October at 25.95 BU amid buoyancy in C&I activities. Power consumption in the country recorded double-digit growth in the first week of October at 25.95 billion units (BU) amid buoyancy in industrial and commercial activities. According to the power ministry data, power consumption grew by 13.65 percent from October […] Read more
India can Become the Global hub for PV Manufacturing: NITI Aayog CEO Updated On Thu, Oct 8th, 2020 by Saurenergy Solar PV manufacturing is one of the strategic sectors announced by the government and India has the opportunity to be the global hub for this, NITI Aayog CEO Amitabh Kant has said. Solar photovoltaic (PV) manufacturing is one of the strategic sectors announced by the government and India has the opportunity to be the global hub […] Read more
India Needs to Establish Value Chain to Boost Solar Equipment Manufacturing : Industry Updated On Wed, Oct 7th, 2020 by Saurenergy Domestic manufacturing of solar equipment in India will need the support of a back-end supply chain that needs to be quickly established The plans for establishing domestic manufacturing of solar equipment in India will need the support of a back-end supply chain that will need to be quickly established, industry executives said. Sumant Sinha, chairman […] Read more
Committed to Advanced Technology and Replace Coal-Fired Plants: RK Singh Updated On Wed, Oct 7th, 2020 by Saurenergy RK Singh has said that India is strongly committed to its renewable energy targets and that it is working towards advancing the technology that is adopted Union Minister for Power and New & Renewable Energy RK Singh has affirmed that India is strongly committed to its renewable energy targets and that it is constantly working […] Read more
India Pledges to Tighten up Solar Equipment Imports Soon : RK Singh Updated On Wed, Oct 7th, 2020 by Saurenergy India will soon tighten provisions for imports of solar equipment in order to encourage more domestic manufacturing, RK Singh has said. India will soon tighten provisions for imports of solar equipment in order to encourage more domestic manufacturing even as power demand post the covid outbreak has rebounded, RK Singh, Minister for New and Renewable […] Read more