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
China’s World Beating Solar Manufacturers Struggle To Make Profits As Prices Continue Freefall Updated On Mon, May 20th, 2024 by Saurenergy In a situation that has gone from concern, to worrisome to almost panic level some might say, China’s solar manufacturing juggernaut faces a period of low to no profits thanks to prices that have crashed to unprecedented levels. Taiwan-based Infolink Consulting, which tracks solar supply chain prices in China and beyond, in its latest report […] Read more
NTPC-REL Seeks Bids For 225MW Solar Project At GSECL Solar Park At Khavda Updated On Mon, May 20th, 2024 by Saurenergy NTPC Renewable Energy Limited (REL) has invited bids for the development of a 225MW grid-connected solar PV project at Gujarat State Electricity Corporation Limited (GSECL) solar park (Stage-III), at Khavda. NTPC-REL invited online bids from eligible bidders on a single-stage two-envelope (i.e. Envelope-I: Techno-Commercial Bid and Envelope-II: Price Bid) basis. The tender includes the supply […] Read more
US To Invest $71 Million In Supporting Solar Manufacturing Research Updated On Mon, May 20th, 2024 by Saurenergy U.S. Department of Energy (DOE) has announced a $71 million investment, including $16 million from the President’s Bipartisan Infrastructure Law, in research, development, and demonstration projects to grow the network of domestic manufacturers across the U.S. solar energy supply chain. The selected projects will address gaps in the domestic solar manufacturing capacity for the supply […] Read more
Insolation Energy Reaps Gains With Record FY24 Numbers, Plans Expansion Updated On Mon, May 20th, 2024 by Saurenergy Rajasthan’s leading solar firm, Insolation Energy Limited (INA Solar), has announced impressive financial results for the fiscal year ending March 31, 2024. The company reported a turnover of Rs 741.32 crore, a substantial increase of 165% from the Rs 280.05 crore recorded in the previous fiscal year. Gross margins surged by 237%, reaching Rs 111.65 crore […] Read more
Module Supply: ReNew, Emmvee, Vikram Solar Win NTPC’s Khavda Tender Updated On Sat, May 18th, 2024 by Saurenergy NTPC REL (Renewable Energy Limited) has awarded the contracts of supply of solar modules for its 1,255 MW solar project to three solar module manufacturers. Three companies-Emmvee, ReNew and Vikram Solar emerged as the winners of the NTPC REL’s tender. The tender was floated in September 2023. The solar project is scheduled to come up […] Read more
Vikram Solar Bags 397.7 MWp Module Order From NTPC Updated On Fri, May 17th, 2024 by Saurenergy The planned 30 GW solar park at Khavda, Gujarat is clearly going to be in the news for a long time. The latest is a significant project win for leading solar module maker Vikram Solar which has secured a landmark 397.7 MWp module supply order for NTPC Renewable Energy Limited. Vikram Solar’s modules will power […] Read more