IREDA Opens Applications for Solar Module Manufacturing under PLI Updated On Wed, May 26th, 2021 by Saurenergy Indian Renewable Energy Development Agency (IREDA) yesterday invited applications for setting up manufacturing capacities for vertically integrated high-efficiency solar photovoltaic modules under the production-linked incentive (PLI) scheme. The agency will accept applications till June 30, 2021 and it will open bids on 1 July 2021. The PLI scheme, which aims to further domestic manufacturing of high-efficiency […] Read more
GOGLA Report 2020: ‘Slow, Uneven Recovery of Off-grid Solar Industry’ Updated On Tue, May 25th, 2021 by Saurenergy The recently released July-December 2020 edition of the Global Off-Grid Solar Market Report analyses off-grid solar lighting sales trends during a 6-month period in East Africa, West Africa, Central Africa, South Asia, East Asia, and the Pacific, amid the current global pandemic. It finds that the off-grid industry is showing early signs of a slow […] Read more
In a Tumultuous Year, Utility-Scale Solar Installations Decline 39% in FY21 Updated On Thu, May 20th, 2021 by Saurenergy According to a new report by JMK Research, about 3.5 GW of new utility-scale solar capacity was added in India in the fiscal year 2021 (April 2020-March 2021). Compared to the previous year (FY20), installations were about 39% lesser. While the wind capacity of the country increased by 1.5 GW in FY2021, it was found […] Read more
India Moves to 3rd in Latest Renewable Energy Attractiveness Index Updated On Thu, May 20th, 2021 by Saurenergy A piece of positive news has come from Ernst & Young Global Limited (EY), which released its 57th Renewable Energy Country Attractiveness Index (RECAI) yesterday, granting the third position to India due to its continued progress in solar energy. The biannual RECAI ranks the world’s top 40 markets on the attractiveness of their renewable energy investment […] Read more
Why UP’s Solar Delays and Resultant Anxiety Of Developers Was Predictable Updated On Wed, May 19th, 2021 by Saurenergy NSEFI, (The National Solar Energy Federation of India) a key umbrella body that represents solar stakeholders, has finally been forced to approach the office of the Uttar Pradesh Chief Minister, Yogi Adityanath, for 500 MW of solar projects that were won in February 2020 by its members, where progress has been glacial. This delay, attributable […] Read more
Ciel & Terre Installs India’s Largest Floating Solar Plant in Tamil Nadu Updated On Wed, May 19th, 2021 by Saurenergy Ciel & Terre has successfully completed the engineering, float supply, supervision of a 14.7 MW floating solar plant for SPIC in Tamil Nadu Ciel & Terre India, a subsidiary of Ciel & Terre International, a global leader in floating solar, has successfully completed the plant engineering, float supply, supervision of the 14.7 MWp floating solar […] Read more
UL Acquires Solar Analytics Firm Clear Sky Analytics Updated On Tue, May 18th, 2021 by Saurenergy UL, a global safety science leader and one of the world’s top advisors on the development, evaluation and optimization of renewable energy projects, today announced the acquisition of solar analytics company Clear Sky Analytics’ proprietary software platform and related assets. Clear Sky Analytics co-founders Ajay Saproo and John Corson will also join UL. Clear Sky […] Read more
Hyundai Motor Group to Invest $7.4 billion in U.S. EV industry by 2025 Updated On Fri, May 14th, 2021 by Saurenergy In a press release yesterday, Hyundai Motor Group (HMG), comprising Hyundai Motor Company and Kia Corporation, announced its plan to invest $7.4 billion in the U.S. by 2025 to produce future EVs, enhance production facilities and further its investments in smart mobility solutions. The group’s investment will enhance overall product competitiveness by prioritising future mobility technologies, […] Read more
Industry Welcomes Cabinet Approval for PLI Scheme for ACC Battery Storage Updated On Fri, May 14th, 2021 by Saurenergy IESA and its member companies have welcomed the Cabinet’s approval of the PLI Scheme on Advanced Chemistry Cell (ACC) Battery Storage India Energy Storage Alliance (IESA), India’s leading alliance on energy storage & e-mobility and its member companies have welcomed the Cabinet’s approval on the proposal by the Department of Heavy Industry for implementation of […] Read more