US solar real estate invt fund closes on $100 mn solar lease securitization Updated On Mon, Mar 7th, 2022 by Saurenergy SolaREIT, a US solar real estate investment fund, has closed on a $100 million securitization of solar leases with Nuveen. The expansion will significantly increase access to low-cost capital in the commercial and mid-sized solar development sector, including community solar, its official statement said. SolaREIT’s land financing options, including the “Pre-Paid Solar Land Lease”, allow […] Read more
Latest March ALMM List from MNRE for Solar PV Updated On Mon, Mar 7th, 2022 by Saurenergy The ministry of new and renewable energy has released its latest ALMM (Approved list of module manufacturers) list for domestic manufacturers in India, and the list continues to expand. The newest version, released through an office memorandum on March 4, has a total of 46 firms listed, comprising 43 unique firms in all. As Waaree […] Read more
Smart Power India, Adani Solar In tie-up to promote Solar in Rural India Updated On Fri, Mar 4th, 2022 by Saurenergy In a bid to ensure equitable access to last-mile electricity and encourage energy transition in the rural areas of Uttar Pradesh, Bihar, Jharkhand, and Odisha states, Smart Power India (SPI), the Indian subsidiary of Rockefeller Foundation has signed a non-financial and non-commercial memorandum of understanding with Adani Solar. The MoU aims to promote the usage […] Read more
IEX update for Feb’22, solar prices at Rs 3.93/ unit In GTAM market Updated On Fri, Mar 4th, 2022 by Saurenergy The Indian Energy Exchange (IEX) achieved 8760 MU volume in February’22 comprising 7695 MU in the conventional power market, 453 MU in the green power market and 612 MU (6.12 lac certificates) in the REC Market. Overall, the exchange achieved 29% YoY volume growth across all market segments during the month. According to the power […] Read more
MNRE Urges States To Replicate Its Dispute Resolution Model For Intra State Disputes too Updated On Fri, Mar 4th, 2022 by Saurenergy The Ministry of New and Renewable Energy, (MNRE), in a letter dated March 3 to all relevant power stakeholders across government and at the state level, has expounded on the role of dispute resolution mechanism it has established. The MNRE had set up a disputes resolution committee (DRC) consisting of eminent persons to resolve issues […] Read more
EcoFlow DELTA Pro portable power station among TIME’s 100 Best inventions of 2021 Updated On Fri, Mar 4th, 2022 by Saurenergy EcoFlow, that deals in portable power and renewable energy solutions, has been recognized by for its innovative product ‘EcoFlow DELTA Pro.’ It’s a portable power station and it made into the “Time100 Best Inventions of 2021” list in the sustainable category. EcoFlow DELTA Pro was launched in July 2021. The product is designed to provide […] Read more
Brazil Crosses 14 GW Solar Capacity Mark Updated On Fri, Mar 4th, 2022 by Saurenergy The installed solar power capacity of Brazil has reached the 14 GW milestone. The announcement of the major achievement was made by ABSOLAR which is a domestic solar power association. Out of the 14 GW solar power presently installed in the South American country, distributed technology installations amount to 9.3 GW. The large-scale solar plants […] Read more
Carbon to Launch 5GW Photovoltaic Gigafactory in France Updated On Fri, Mar 4th, 2022 by Saurenergy Solar sector company Carbon has declared that it plans to build a 5-GW solar panel factory in France by 2025. The industrial start-up has also said that it hopes to triple production capacity to 15 GW by the end of this decade. As per the company, the Gigafactory project is expected to create more than […] Read more
UPERC Faults Generator For Not Utilising Banked Power On Time, Allows It To Lapse Updated On Thu, Mar 3rd, 2022 by Saurenergy In a recent judgement, Uttar Pradesh Electricity Regulatory Commission (UPERC) has sought to clarify the issue of banking of power by generators in the state. Amrit Bottlers Private Limited set up a 10 MW solar plant in Uttar Pradesh, which was commissioned in October 2020. Out of the total 10 MW capacity, 6 MW was […] Read more
