First Solar Signs PPA With Cleantech Solar To Procure 150 MW Facility Updated On Thu, Jan 4th, 2024 by Saurenergy First Solar, an American solar technology company entered into a 15-year, captive Power Purchase Agreement (PPA) with Cleantech Solar, a renewable energy solutions provider operating in India and Southeast Asia, the firm said. Under the agreement, Cleantech Solar will construct 150 megawatts (MW) of photovoltaic (PV) solar and 16.8 MW of wind-generating assets in Tamil […] Read more
NTPC Objects To Solar Cell Imports From China, Loses Case Before CERC Updated On Tue, Jan 2nd, 2024 by Saurenergy In a recent case before the Central Electricity Regulatory Commission (CERC), Indian power behemoth NTPC objected to the plan of a solar power developer to continue importing solar cells at higher prices. The development came to the fore when Solairepro Urja Pvt Ltd, a Pune-based solar developer, moved CERC seeking compensation. The firm demanded compensation […] Read more
Floating Solar Demonstrator In Spain Promises Lower Costs Updated On Tue, Jan 2nd, 2024 by Saurenergy Recently, GCL SI and Ocean Sun announced the successful completion of the BOOST floating solar demonstrator. On December 14, 2023, the project culminated at the port of Tazacorte on La Palma in Spain, with an installed capacity of 270 kWp. BOOST showcases the utilization of the GCL MS/60GT Ocean Sun PV modules (“The Module”) and […] Read more
Rohit Tikku Takes Charge As The New CEO Of Bluebird Solar Updated On Fri, Dec 29th, 2023 by Saurenergy Indian solar module manufactuer-Bluebird Solar has now got its new Chief Executive Officer (CEO). Rohit Tikku has taken over the new charge as the Chief Executive Officer (CEO) of Bluebird Solar. Tikku’s diversified work experience of 17 years is spread across roles in sales, distribution management, engineering & project management, and business operations and development with […] Read more
First Solar, Fiserv Sign Tax Credit Transfer Pacts Under Inflation Reduction Act Updated On Thu, Dec 28th, 2023 by Saurenergy First Solar, a solar technology company entered into two separate tax credit transfer agreements (TCTAs) between Fiserv, Inc. and First Solar. These agreements were made to sell $500 million and up to $200 million, respectively, of 2023 Inflation Reduction Act (IRA) Advanced Manufacturing Production tax credits to Fiserv, Inc. The agreement is subject to satisfaction […] Read more
SECI Looks for Agency to Forecast 10 MW Solar Plant at DRDO Updated On Thu, Dec 28th, 2023 by Saurenergy Solar Energy Corporation of India (SECI) has released a tender for the selection of agency for the generation forecasting and load forecasting work at DRDO for 10 MW solar PV power plant. It will also include coordination with Bangalore Electricity Supply Company (BESCOM), Karnataka Power Transmission Corporation Limited (KPTCL). The last date for submission of […] Read more
JinkoSolar Becomes The First PV Firm To Get SBTi Validated Net-Zero Targets Updated On Wed, Dec 27th, 2023 by Saurenergy Global solar module manufacturer JinkoSolar has now become the first solar PV firm globally to get its net-zero targets validated with SBTi (Science Based Targets initiative). SBTi is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science. Additionally, it is the second company in mainland China […] Read more
Avaada, ReNew, Sprng Among Winners of 1000 MW SECI Solar Tender Updated On Fri, Dec 22nd, 2023 by Saurenergy The 1000 MW solar tender (under tranche XI) by SECI (Solar Energy Corporation of India) has announced Avaada Energy, Sprng Energy, ReNew Solar Power, and Solarcraft Power India 8 (Blupine Energy) as its winners. Avaada and ReNew bagged the highest capacities of 300 MW while Sprng Energy won a capacity of 250 MW. While these […] Read more
Maharashtra Leads In Providing Incentive Under The Rooftop Solar Program In 2023 Updated On Wed, Dec 20th, 2023 by Saurenergy The Union Minister for New & Renewable Energy and Power (MNRE) informed the parliament in a written reply to the renewable energy capacity in the country has increased by about 2.35 times in the last decade. Among other details, the minister gives a state-wise detail of subsidies provided under various schemes to encourage new and […] Read more