Solar Grade Nitric Acid Exemplifies Innovation & Progress in India’s Solar Sector Updated On Wed, Sep 13th, 2023 by Saurenergy In recent years, India has become a major player in the global solar energy scenario. By February 2023, the country had an impressive total renewable energy capacity of 168.96 gigawatts (GW), including 64.38 GW from solar power. However, to meet the 2030 goal of reaching 280 GW in solar capacity, India needs to add about […] Read more
Waaree Renewable Technologies Bags 52.6 MW Solar Project Updated On Wed, Sep 13th, 2023 by Saurenergy Waaree Renewable Technologies Limited has received a letter of intent for Engineering, Procurement and Construction (EPC) services in for the establishment of a ground mounted solar power project of capacity worth 52.6 MWp. The commercial order has been bagged by a group company, which is among India’s leading power generation firms. The project is slated […] Read more
PM KUSUM: MNRE Extends Waiver On Local Content Mandate For Solar Cells Updated On Tue, Sep 12th, 2023 by Saurenergy In its latest notification, the Ministry of New and Renewable Energy (MNRE) has extended the waiver of the Domestic Content Requirement (DCR) for solar cells under the Component C of the PM-KUSUM scheme. Earlier, the ministry had issued an official memorandum on August 1, 2022, to extend the waiver till July 20, 2023. In its latest […] Read more
US On Course For Record 32 GW Solar Capacity Additions in 2023 Updated On Fri, Sep 8th, 2023 by Saurenergy A new report from the US solar lobby Solar Energy Industries Association (SEIA) and Wood Mackenzie predicts a record addition of 32 GW of new capacity in 2023, a 52% increase from 2022. The US Solar Market Insight Q3 2023 report paints a positive picture of growth for the sector, especially with the IRA (Inflation Reduction Act) […] Read more
RWE Kicks Off Two Solar Plus Battery Projects in Garzweiler Mine Updated On Wed, Sep 6th, 2023 by Saurenergy German multinational energy firm RWE installed 58,000 photovoltaic modules in the Garzweiler opencast mine. The modules also boast two battery storage facilities. The project is supplying solar energy to over 7,250 German households per year. The project employs bifacial modules, that capture sunlight from not only both the sides, but also uses light reflected from […] Read more
Solar Startup Ellipsol Raises Rs 2.5 cr Seed Funding Updated On Tue, Sep 5th, 2023 by Saurenergy Ellipsol, a next-generation solar company developing path-breaking solar energy solutions, has raised rupees 2.5 crore in a seed funding round led by Capital A. The funding round also saw the participation of the Grand Anicut Fund. Other individuals also contributed to the funding round. Ellipsol’s site, that is yet to open formally, promises 2X the […] Read more
Credence Solar Panels Get BIS Certification Upto 670 MW Updated On Mon, Sep 4th, 2023 by Saurenergy Gujarat-based solar module manufacturing company Credence Solar today claimed it received the Bureau of Indian Standards (BIS) certification for its solar panels. The company said that with this certification, Credence Solar became the first Indian solar module manufacturer to get a BIS certification for a capacity of up to 670 MW. “We are thrilled […] Read more
H1 Revenues and Growth Powered By Global Expansion For Chinese Solar Majors Updated On Mon, Sep 4th, 2023 by Saurenergy While protectionist moves in key global markets might be a factor in a couple of years or earlier, for now, Chinese solar manufacturers offering critical solar equipment are enjoying their day in the sun. Key players are all delivering record numbers, thanks to capacity increases and steady prices. H1 figures coming from firms across the […] Read more
Drop In Solar Costs Put At 3% by IRENA for 2021-22 Period Updated On Mon, Sep 4th, 2023 by Saurenergy The International Renewable Energy Agency (IRENA) has published a report into the cost of producing power in 2022, putting the drop in levelised cost of electricity (LCOE) in the solar PV sector at 3% in 2022, and 89% between 2010 and 2022. The findings will be no surprise to industry insiders, considering how the drop […] Read more
