Siemens Gamesa Has Record Order Backlog of €23.6 Bn in First Half of 2019 Updated On Tue, May 7th, 2019 by Saurenergy Net income amounted to €67 million in the first half, compared to €0 million in the same period last year, and to €49 million in the second quarter, an increase of 40 percent YoY. Spanish renewable energy major Siemens Gamesa has reported the results of the first half (October-March) and second quarter (January-March) for the […] Read more
New 3D Solar Cell Design Could Revolutionise PV Manufacturing Updated On Mon, May 6th, 2019 by Saurenergy The innovative 3D design removes many of the manufacturing process steps required by existing photovoltaics (PV) modules An innovative 3D solar-cell design with a radically different architecture that can drive down the costs of cell manufacture may define the future of renewable energy as it potentially reduces optical losses within a device, according to UK […] Read more
Azure Power Chairman, CEO Inderpreet Wadhwa to Step Down Updated On Sat, May 4th, 2019 by Saurenergy He will continue as Chairman and Chief Executive Officer (CEO) until a new successor is named or December 31, 2019, whichever is earliest. Inderpreet S Wadhwa, who has led Azure Power to become one of the country’s largest solar power developers and operators with over 1.5 GWs of operating assets plus over 1.5 GWs of […] Read more
Average Spot Power Price Falls 19% in April to Rs 3.22/Unit Updated On Fri, May 3rd, 2019 by Saurenergy The average market clearing price (MCP) at Rs 3.22 per unit saw a 19 percent decline over 3.98 per unit in April 2018. Average spot power price at the Indian Energy Exchange (IEX) declined 19 percent to Rs 3.22 per unit in April compared with Rs 3.98 a unit in the year-ago month, mainly due to improvement on […] Read more
Axpo Acquires Urbasolar With Plans to Become European Leader in PV Segment Updated On Thu, May 2nd, 2019 by Saurenergy Swiss energy utility Axpo and independent French solar PV specialist Urbasolar have announced the signing of an acquisition contract of 100% of the latter’s securities by Axpo. This agreement aims to consolidate and stimulate the growth of the French PV specialist, which now becomes the photovoltaic operator within the group with the ambition to become […] Read more
KERC Recommends Halting New Solar Tenders, Auctions in Karnataka Updated On Thu, May 2nd, 2019 by Saurenergy Karnataka which is India’s top state in terms of installed solar capacity has stopped the building of new solar energy projects. The Karnataka Electricity Regulatory Commission (KERC) has written to the Karnataka Renewable Energy Development Limited (KREDL) regarding the procurement of solar power. According to the letter dated 7 March, the KERC reportedly has noted […] Read more
Vattenfall to Source 300 MW Power From Largest Onshore Wind Farm in Netherlands Updated On Thu, May 2nd, 2019 by Saurenergy Largest Dutch onshore wind farm to provide a quarter million Vattenfall customers with renewable energy Swedish state-owned power company, Vattenfall has signed a long-term purchasing agreement for renewable electricity from the new upgraded Zeewolde wind farm in the Netherlands. The repowering work to exchange the existing wind turbines by more powerful turbines will be initiated […] Read more
Maharashtra Sets Generic Tariff For Solar Projects at Rs 3.29/kWh Updated On Thu, May 2nd, 2019 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) has issued the generic tariff order for renewable energy projects for the current financial year (FY 2019-20). The latest order will apply for the period between April 1, 2019, and March 31, 2020. The commission has in its order set the generic tariff for utility-scale solar PV projects at […] Read more
University of Hyderabad Issues Tender For On-Grid Inverters For 100 kW Solar Plant Updated On Thu, May 2nd, 2019 by Saurenergy The last date for bid submission is May 9, 2019. The University of Hyderabad has issued a tender for procuring on-grid inverters for a 100 kW solar plant being developed at the IGM Library in the university campus. The brief scope of work for the selected bidders will include the supply, installation, testing and commissioning […] Read more
