Avaada, Apraava, ReNew & JSW Bag NTPC’s 1.5 GW Solar Contract Updated On Fri, May 24th, 2024 by Saurenergy Indian power behemoth NTPC recently awarded the contracts to four developers to setup its 1,500 MW of solar project. The Indian Renewable Energy Implementing Agency recently announced the results of its tender, floated earlier. The tender was meant for Inter-State Transmission System (ISTS) through these new proposed solar projects. Based on the reverse competitive bidding, […] Read more
Solex Ties Up With GMEE, Wuxi Tidewinner To Expand Capacity By 800MW Updated On Thu, May 23rd, 2024 by Saurenergy Solex Energy Limited today announced signing of a Memorandum of Understanding (MoU) with GMEE Solar and Wuxi Tidewinner Industrial International Co., Ltd. This partnership will facilitate an 800 MW capacity expansion, enhancing Solex Energy’s existing 700 MW production capability to 1.5 GW by the end of the second quarter of FY 24-25. A release from […] Read more
Customer Use Case By Growatt For Maximising Profits in Commercial Solar Projects Updated On Thu, May 23rd, 2024 by Saurenergy In today’s competitive solar energy landscape, optimizing the performance of your commercial solar project is essential for maximizing profits. One of the key components that can significantly impact profitability is the inverter. Both manufacturers and investors are exploring strategies to leverage inverters to enhance solar project’s earnings. A prime example of a company successfully leveraging […] Read more
Exempt 100% Of ISTS Charges For RE Power Till 2030: IEEFA Updated On Thu, May 23rd, 2024 by Saurenergy The Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research and Analytics have prepared and shared a list of key recommendations that the new Union government post-elections should take up in the first 100-days to reach the renewable energy targets up to 2030. As per the Indian government’s own target it wants to […] Read more
Soleos Solar Energy Secures Rs 48.5 Crore Renewable Energy Funding Updated On Thu, May 23rd, 2024 by Saurenergy Soleos Solar Energy has announced that it has raised Rs 48.5 crore for portfolio development and working capital for the renewable energy business. According to a release from Soleos Solar Energy, participants in the investment round included Faruk G Patel, CMD of KP Group, Pawan Agarwal, Head of PCG at InCred Capital, Madhuri Madhu Kela, […] Read more
How US Import Barrier On Chinese Solar Cells Can Change Trade Game? Updated On Wed, May 22nd, 2024 by Saurenergy The recent trade barriers imposed by the United States (US) against the imports of Chinese solar equipment like solar cells has triggered speculations on the overall global trades of clean energy equipment. The Joe Biden led government recently triggered a new controversy by increasing the imports tariffs for solar cells for upto 50 percent and […] Read more
UPERC Grants Compensation To SAEL For Increased GST Rates Updated On Tue, May 21st, 2024 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission (UPERC) in its latest judgement allowed compensation to SAEL Limited, a solar power generator. The company had earlier moved the state power regulator seeking compensation on account of increase in its project cost due to the rise of Goods and Services Tax (GST). The company had installed a 32 […] Read more
Rooftop Solar: Top 5 Mistakes To Avoid In Inverter Installations Updated On Tue, May 21st, 2024 by Saurenergy If solar PV modules are the brain of your solar PV module then the inverter is the heart of your solar PV module. Understanding inverter installation is utmost important for an error free rooftop Solar PV installation. This not only protects the rooftop solar PV from damage but also improves the efficiency. However, in the […] Read more
MNRE Issues Clarification On ALMM Implementation Timeline Updated On Tue, May 21st, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now come out with a notification to allay apprehensions of solar project developers towards the timeline of the implementation of the ALMM scheme. Through the notification, the MNRE sought to clarify on the applicability of the scheme since the date of submissions of bids for government […] Read more
