US Firm MW Solar Secures CAD 50 M Invt Commitment to Go Public Updated On Mon, Jan 3rd, 2022 by Saurenergy US firm MW Solar has signed an agreement with GEM Global Yield, a Luxembourg-based private alternative investment group, to receive a share subscription facility of up to CAD 50 million for a 36-month term following a public listing. The share subscription facility will allow MW Solar to draw down funds by issuing shares of common […] Read more
Updated ALMM List For Solar Modules- Contendre Greenergy, Ritika Systems Make Entry Updated On Mon, Jan 3rd, 2022 by Saurenergy In its latest and last revision for 2021 (number 4) to the ALMM list (Approved List of Module Manufacturers), issued on December 30, the Ministry of New and Renewable Energy (MNRE) sees the addition of two more solar module manufacturers. The two new entrants, Contendre Greenergy Pvt Limited from Maharashtra, and Ritika Systems Pvt Limited […] Read more
Meyer Burger to Build 400MW Solar Module Mfg Facility in U.S. Updated On Tue, Dec 28th, 2021 by Saurenergy Switzerland-based Meyer Burger Technology has announced that it will build a production facility for high-performance solar modules in Goodyear, Arizona. The establishment of production in Arizona offers Meyer Burger customers in the growing North American market faster and direct access to solar modules and makes them less dependent on imports, says the firm. The Arizona […] Read more
Electronics and Power Major Microtek Takes Aim At Solar Segment Now Updated On Tue, Dec 28th, 2021 by Saurenergy Microtek, one of the earliest manufacturers of monitors, followed by inverters and more in India, has set its sights on a major growth drive, and solar will be a key part of that. At a channel event in New Delhi, where the firm also set up a functional 18 KW system to showcase its prowess […] 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
Indian Railways Seeks Bids for Solar-driven AC Plants in Kerela Updated On Fri, Dec 24th, 2021 by Saurenergy The Thiruvananthapuram railway division, one of the six administrative divisions of the Southern Railway Zone of the Indian Railways, has invited bids for the supply of solar-powered AC plants in running rooms in Thiruvananthapuram, Kerala. The deadline for bid submission is January 13, 2022, at 2 PM. Bidding will commence on December 30, 2021. The […] Read more
US BLM Offers 90000 Acres For Solar Development Updated On Thu, Dec 23rd, 2021 by Saurenergy Solar energy is getting a boost in the US. The country’s Bureau of Land Management (BLM) has launched its largest solicitation for solar development to date, seeking interest for utility scale solar energy development on nearly 90,000 acres of public land across Colorado, Nevada and New Mexico. Additionally, the US Department of the Interior has […] 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
Not Having A Central Net Metering And Subsidy Policy Is A Challenge Updated On Tue, Dec 21st, 2021 by Saurenergy Corrit Energy and Infra, a Gurugram, based solar EPC company provides engineering, procurement, and construction services in and around Delhi- NCR is now gearing up for the next phase of growth. In an emailed response to Saur Energy, Corrit’s CEO and Director, Mayur Mishra, sheds further light on the solar energy industry, key requirements and […] Read more
