Waaree Energies to raise $100 million: Report Updated On Thu, Mar 16th, 2017 by Saurenergy “Waaree Energies has been looking to raise funds. EY Advisory, Auditing & Business Consulting Firm is running the process” India’s one of the largest module manufacturer, Waaree Energies has reportedly appointed EY – Advisory, Auditing & Business Consulting Firm to raise a fund of USD 100 million. A close source to the company speaking to […] Read more
India’s Solar Module Manufacturers to Face Tough Competition in 2017 Updated On Fri, Mar 10th, 2017 by Saurenergy With solar module prices continuously declining globally, it is also weakening the domestic solar manufacturer’s ability to compete with imports. Solar module prices are expected to continue declining in 2017 as global supply continues to exceed demand. As the largest supplier and installer of solar module, China will continue to drive global pricing. The country’s […] Read more
Price of Solar Power May Fall Further in FY18 Updated On Fri, Mar 10th, 2017 by Saurenergy In the last few months, solar power costs had hit a low of Rs 3.30 per unit and might fall further in FY18. Solar power generation costs are set to dip further during third and fourth quarter of 2017-18, helped by expected softening of interest rates and a drop in solar panel prices due to […] Read more
WElink along with CTIEC to build 220MW solar power plant in Portugal Updated On Mon, Mar 6th, 2017 by Saurenergy Europe’s largest unsubsidized solar power farm deal signed by WElink Energy with China Triumph International Engineering Co. Ltd (CTIEC). WElink Energy is to build Europe’s largest privately funded solar farm in Portugal following the signing this week of the EPC contract with China Triumph International Engineering Co. Ltd (CTIEC), in the company of the Minister […] Read more
JinkoSolar, Marubeni Enters Into PPA for Sweihan Solar PV Independent Power Project in Abu Dhabi Updated On Thu, Mar 2nd, 2017 by Saurenergy A special purpose company jointly owned by JinkoSolar, Marubeni, and the Abu Dhabi Water and Electricity Authority (“ADWEA”) will construct, operate and maintain the solar PV plant for the duration of the 25-year PPA JinkoSolar and Marubeni Corporation have entered into a Power Purchase Agreement (“PPA”) with the Abu Dhabi Water and Electricity Company (“ADWEC”) […] Read more
Cheap Chinese Imports Burn Domestic Solar Cell, Module Makers Updated On Tue, Feb 28th, 2017 by Saurenergy Solar cell and module makers were hoping for incentives to scale up production, but it seems like Union Budget disappointed them. Indian solar cells and modules manufacturers have not able to cash in on the opportunity of rising solar power installations thanks to Chinese competition. Between April and October 2016, India imported solar power material […] Read more
India Needs Energy Efficiency By Maximising Supply Of Renewable Energy Sources: Niti Aayog Updated On Fri, Feb 24th, 2017 by Saurenergy “We’re at a time when prices of renewable energy sources like solar are falling rapidly. This will soon spread to different energy sources” Buoyed by falling solar tariffs, Niti Aayog today said India needs energy efficiency by maximising supply of renewable energy sources to help realise the goal of sustainable development for affordable and clean […] Read more
Madhya Pradesh Shows Solar Power Is Here To Stay And Make Significant Contributions To The Country’s Energy Mix Updated On Wed, Feb 15th, 2017 by Saurenergy Assuring developers of risk mitigation in terms of electricity offtake, by Rewa Ultra Mega Power Limited (a joint venture of Solar Energy Corporation of India Limited and Madhya Pradesh Urja Vikas Nigam Limited), also contributed to the drop. The solar revolution in India marches on, with renewed momentum, if the recently concluded reverse bidding auction […] Read more
Solar Power Rate Touches Record Low Updated On Fri, Feb 10th, 2017 by Saurenergy Auction for world’s biggest solar power park in Rewa saw per unit tariff coming down to as low as Rs 2.99 per unit. Solar power rate touched a record low in Madhya Pradesh with per unit tariff coming down to as low as Rs 2.99 per unit. Auction for world’s biggest solar power park in […] Read more
