“We are looking at a significant market share in India”, Sunil Thamaran, Enphase Energy Updated On Sat, Mar 19th, 2022 by Saurenergy The Fremont, California Headquartered Enphase Energy has always travelled the path less travelled. Started in 2006, the solar inverter technology firm went the micro-inverter route, instead of the conventional industry move towards string inverters. Over time, the move has paid rich dividends, with the firm closing 2021 with revenues of $1.38 billion, a strong 78.5% […] Read more
5 Points to Keep in Mind Before Installing a Residential Solar System Updated On Fri, Feb 25th, 2022 by Saurenergy The advantages of taking on Solar energy by homeowners are being talked about a lot. From saving up to 80% on monthly electricity bills to promoting a sustainable society, going solar has proven to be a rewarding investment for homeowners all over the country. Diminishing energy utilization from the grid and switching to solar technology […] Read more
A Solar PLI Scheme Disregarding MSME Sector Could Lead To Cartel Like Situation In Solar Too Updated On Wed, Feb 2nd, 2022 by Saurenergy The announcement of the PLI scheme expansion from Rs 4500 crore till now by a further Rs 19,500 crores was the most notable one for the solar sector in the Budget for 2022. While widely welcomed, the move does raise an existential question for the hundreds of SME and MSME firms involved in the module […] Read more
MNRE Widens ALMM Ambit To Cover Open Access, PM KUSUM. Domestic Manufacturers To Benefit Updated On Fri, Jan 14th, 2022 by Saurenergy In an office memorandum dated January 13, the Ministry of New and Renewable Energy (MNRE) has delivered on a promise made by Power and MNRE Minister R.K. Singh earlier to cover all govt. assisted projects under the ALMM scheme. The minister had contended that they have been advised that even projects availing of benefits like […] Read more
2021 Best Year in History for Solar in the EU: Report Updated On Mon, Dec 27th, 2021 by Saurenergy The 27 member states of the European Union saw around 25.9 GW of new solar PV capacity connected to their grids in 2021, an increase of 34% over the 19.3 GW installed the year before, a report by SolarPower Europe has found this month. This growth makes 2021 not only another record year for solar […] Read more
Curbs On Banking Of Power Risks Hurting Renewable Producers Updated On Wed, Dec 22nd, 2021 by Saurenergy A briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research asserts that new restrictions on banking of power will inhibit the growth of the rooftop and open-access solar market. This would have a wide ranging impact on India’s national target of 500 gigawatts (GW) of installed renewable capacity by […] Read more
California Might Cut Major Rooftop Solar Incentive After Years of Debate Updated On Tue, Dec 14th, 2021 by Saurenergy California on Monday proposed reducing the rate at which homeowners can sell excess electricity from their rooftop solar panels into the grid, weakening a policy that has underpinned dramatic growth in the renewable energy industry for years. The announcement by the California Public Utilities Commission triggered an outcry from the solar panel installation industry, whose […] Read more
India At 75 And Beyond. Solar’s Starring Role Updated On Mon, Nov 29th, 2021 by Saurenergy India’s Climate Pledges Prime Minister Narendra Modi’s pledge at the COP26 Climate Summit at Glasgow, not only laid down the roadmap for India to scale up contribution of renewable energy in the overall energy blend, it also set the ball rolling for exploring a new industrial model. India, which is the third largest emitter of […] Read more
Developers Should Be Protected From Abrupt Regulatory Changes Updated On Tue, Nov 23rd, 2021 by Saurenergy Intro: Amid all excitement around the ambitious goals set by PM Modi for the energy market in India, solar firms like Amplus Solar also raise apprehensions about a need for regulatory stability and certainty. These they feel are the key asks, for enabling more investments to flow into the country and, also in ensuring viability […] Read more