First Solar Secures 2.1 GW Order from Matrix for Advanced Thin Film Modules Updated On Fri, Jul 28th, 2023 by Saurenergy First Solar, Inc. and Matrix Renewables have announced a significant collaboration in the renewable energy sector. Matrix, the TPG Rise-backed global renewable energy platform, has entered into a framework agreement to procure approximately 2.1 gigawatts (GWDC) of advanced thin film modules from First Solar. These modules are scheduled to be delivered between 2024 and 2027, […] Read more
Top 5 Takeaways From Global Q2 Renewables Report Updated On Wed, Jul 26th, 2023 by Saurenergy The latest Global Renewable Market Update for Q2 by Edison Energy has shed light on the changing dynamics of the renewable energy market in the United States (US) and European Union (EU). The report discussed the price transition of renewable energy Power Purchase Agreements (PPAs) in these two regions. Following are the five top takeaways […] Read more
India Requires 13L Charging Stations By 2030: CII Report Updated On Tue, Jul 25th, 2023 by Saurenergy A new report by the Confederation of Indian Industry (CII) on ‘Charging Infrastructure for Electric Vehicles’ claims that India would require around 13 lakh charging stations to cater to the growing electric mobility needs by 2030. It makes a case for the country to install around 4 lakh chargers for EV annually. The industry association […] Read more
SJVN Bags INR 7000 Cr Solar Power Contract from Punjab State Power Corporation Ltd Updated On Mon, Jul 24th, 2023 by Saurenergy SJVN, through its wholly-owned subsidiary- SJVN Green Energy Limited (SGEL) has received the letter of Intent (LOI) from Punjab State Power Corporation Limited (PSPCL). This agreement will pave the way for the procurement of 1200 MW solar power. As per the contract terms, SGEL will develop 1000 MW project anywhere in the country. The remaining […] Read more
Sunsure Energy Establishes Three Solar Power Plants for Dalmia Bharat Cement Updated On Thu, Jul 20th, 2023 by Saurenergy Independent Power Producer Sunsure Energy has set up three solar power projects for cement manufacturer Dalmia Bharat Cement to help power up the cement major’s operations. The solar power projects are for a cumulative capacity of 23.74 MW. The said projects entail a 17.5 MW capacity solar power project in Cuttack, Odisha. The project will […] Read more
RERC Declines To Allow Lower Tariffs for Private Hospitals In Rajasthan Updated On Tue, Jul 18th, 2023 by Saurenergy In its latest order, the Rajasthan Electricity Regulatory Commission (RERC) declined to give any relief to the Indian Medical Association (IMA). The Rajasthan IMA branch had filed a review petition before the RERC to review its earlier order passed on March 31, 2023. The earlier order had also rejected the demand of a special tariff […] Read more
GERC Approves RE Generator’s Right To Replace Damaged PV Modules Updated On Tue, Jul 18th, 2023 by Saurenergy In its latest order, the Gujarat Electricity Regulatory Authority (GERC) withheld the rights of solar energy generators to replace damaged and defective solar modules. The state electricity commission passed the order while hearing a petition filed by Jai Hind Projects Limited, a solar energy generator. Its solar company has a 5-megawatt (MW) solar power plant in the […] Read more
Two Solar Firms To Get Compensations Due to Increased GST Rates Updated On Mon, Jul 17th, 2023 by Saurenergy In its order, the Central Electricity Regulatory Commission (CERC) granted compensation to two renewable energy companies. The central authority granted these compensations on account of ‘Change of Law’ events. Such events included the rise of Operations and Maintenance (O&M) costs of their projects due to the escalation of GST rates and the imposition of increased safeguard duty […] Read more
Cleantech Solar Commissions 3 MW Rooftop Solar in Malaysia Updated On Mon, Jul 17th, 2023 by Saurenergy Cleantech Solar has revealed that it has commissioned a 3.4 MWp rooftop solar PV system. The project was undertaken for the manufacturing unit of Japanese firm Konica Minolta Business Technologies (Malaysia) Sdn. Bhd. in Malacca, Malaysia. The PPA signed between the two firms will pave the path for Cleantech Solar to supply turnkey finance, design, […] Read more