SOFAR Powers 300 MW Utility Solar Project in Gansu, China Updated On Fri, Dec 22nd, 2023 by Saurenergy Solar energy solutions provider SOFAR has recently commissioned a 300 MW utility project. Located in the south edge of China’s fourth largest desert Tengger Desert, the plant is expected to generate 540 million kWh of clean electricity annually and restore 5.2 square kilometers of grassland after being fully connected to the grid this week, saving […] Read more
BSPGCL Looks for Solar Developer for 185 MW PV Project with 254 MW BESS Updated On Tue, Dec 19th, 2023 by Saurenergy The Bihar State Power Generation Company Ltd (BSPGCL) has issued a tender looking for a solar developer for the development of a 185 MW solar project in Kajra, Lakhisarai district. It will be supplemented by a 254 MW Battery Energy Storage System. The Battery Energy Storage System must be established for power delivery of a […] Read more
First Floating Solar Project of Duke Energy Kicks Off in Florida Updated On Tue, Dec 19th, 2023 by Saurenergy The first floating solar project in Florida by clean energy firm Duke Energy is now operational and producing renewable energy. The floating solar project of close to 1 MW boasts over 1,800 solar panels floating atop two acres of water surface on a cooling pond at the Duke Energy Hines Energy Complex located in Bartow. […] Read more
CERC Allows Compensation To RE Firm For Higher Duties On Solar Cells Updated On Mon, Dec 18th, 2023 by Saurenergy In its latest judgment, the Central Electricity Regulatory Commission (CERC) allowed compensation to a renewable energy company against the imposition of increased import duties on solar cells. The case was related to a Rajasthan-based solar project. On July 30, 2018, the Indian government imposed higher duties against the import of solar cells into India. On […] Read more
Tata Power Solar Systems in Contract with NTPC for 152 MWp Domestic Content Requirement PV Modules Updated On Mon, Dec 18th, 2023 by Saurenergy Tata Power Solar Systems Limited (TPSSL), a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL) has signed a contract to supply 152 MWp DCR (Domestic Content Requirement) solar PV modules for NTPC Limited (NTPC’s) Nokh Solar PV Project in Rajasthan. The project holds a significant order value of approximately INR 418 crore. NTPC […] Read more
Sterling & Wilson Renewable Energy Raises INR 1,500 Cr via QIP Route Updated On Fri, Dec 15th, 2023 by Saurenergy Sterling & Wilson Renewable Energy Limited (SWRE) has announced the completion of a fundraise of INR 1,500 crore through Qualified Institutions Placement (QIP) route. The Securities Issuance Committee of Board of Directors, at its meeting held on December 14, 2023, approved the issue and allotment of 4,32,27,665 equity shares of face value Re. 1 each […] Read more
Bangalore EV Startup Exponent Energy Rakes Up $26.4 Mn in Series B Round Updated On Fri, Dec 15th, 2023 by Saurenergy A Bangalore-based startup that delves in rapid charging of electric vehicles, Exponent Energy, has pocketed $26.4 million in a Series B round that was led by Eight Roads Ventures. It also entailed a strategic investment from TDK Ventures. Other participants in the Series B round included existing investors such as Lightspeed, YourNest VC, 3one4 Capital, […] Read more
BluPine Energy Achieves Financial Closure for 120 MW Solar Project in Gujarat Updated On Thu, Dec 14th, 2023 by Saurenergy Renewable Energy Company BluPine Energy, established in India by global infrastructure investor Actis, announced financial closure for its 120 MW solar project situated in Gujarat, secured under the GUVNL 16 tender. The electricity generated from this plant will be supplied to Gujarat Urja Vikas Nigam Limited (GUVNL) under a Power Purchase Agreement (PPA) for 25 […] Read more
“The Cabling In Solar Systems Is Designed to Exceed the 25 Year Warranty”, Hemant K Mehta, Elegar Kerpen Updated On Thu, Dec 14th, 2023 by Saurenergy Pune-based German cable firm Elegar Kerpen has been among the many firms leveraging the solar opportunity for faster growth. The cable maker was in the news recently after completing the acquisition of LEONI Cables Solutions (India) Pvt. Limited, making the German firm among the leading cable manufacturers in the country. SaurEnergy spoke to Hemant K […] Read more
