Torrent Power Back on Track For Discom License In D & N Haveli, Daman & Diu Updated On Fri, Jul 16th, 2021 by Saurenergy Torrent Power NSE has revealed that the Supreme Court has stayed a Bombay High Court order that imposed suspension on the tender process for the power distribution business in Dadra & Nagar Haveli and Daman & Diu. The company was found to be the highest bidder in the tender for a 51% equity stake in the […] Read more
California’s ‘Solar Deflation’ Offers Lessons In Managing Solar Expansion Updated On Fri, Jul 16th, 2021 by Saurenergy The Breakthrough Institute has released a report analyzing solar value deflation in California from 2014 to 2020, during which period the value of solar fell by around 37% relative to other sources of electricity. While on the face of it, this is great news, as it is a big reason why solar has gained, and […] Read more
New York Installs 3 GW of Solar Capacity By Q3 FY21 Updated On Fri, Jul 16th, 2021 by Saurenergy According to the governor of New York, Andrew Cuomo, the state has installed 3 GW of solar capacity by the end of Q3 FY21, with the state’s total pipeline reaching 5.7 GW. The state had added a capacity of 2,840.3 MW by Q1 2021, which took New York to the 10th position nationally in the terms […] Read more
AfDB Grants $6 M to Initiate ‘Desert to Power’ Program in Africa Updated On Thu, Jul 15th, 2021 by Saurenergy ‘Desert to Power West Africa Regional Energy Program’, an initiative led by the African Development Bank Group (AfDB), will be injected with a $6 million grant to launch its initial phase, as per the bank’s board of directors’ recent approval. Desert to Power, an initiative led by the Bank, is expected to transform the Sahel by […] Read more
Zhongnan Group Starts Construction of a New 5 GW Solar Factory Updated On Thu, Jul 15th, 2021 by Saurenergy The Zhongnan Group recently held a ceremony to set up a new solar production plant whose annual manufacturing capacity is said to be 5 GW. The group is the main investor behind the well-known electric services company ReneSola, which is known for selling solar PV modules globally. The ceremony was held in Hai’an Economic Development Zone […] Read more
SECI’s 1200 MW ISTS Connected Solar Tender For Karnataka Is Out Updated On Wed, Jul 14th, 2021 by Saurenergy The Solar Energy Corporation of India (SECI) has finally floated the much awaited 1,200 MW ISTS-connected (Interstate transmission system) solar tender for (Tranche X) in Karnataka. A large tender for Karnataka comes after a significant gap, considering the high penetration of renewable energy in the state already. The last date to submit bids is Friday, […] Read more
US Utility-scale Solar PV to Cost $16.89/MWh by 2030, Expects NREL Updated On Wed, Jul 14th, 2021 by Saurenergy A new report published by research institute National Renewable Energy Laboratory (NREL) has found that the prices of utility-scale solar PV in the US could down as much as $16.89/MWh by 2030. US Department of Energy‘s NREL specializes in the research and development of renewable energy, energy efficiency, energy systems integration, and sustainable transportation. Its 2021 […] Read more
Enel Green Acquires 3.2 GW Solar Portfolio in the United States Updated On Wed, Jul 14th, 2021 by Saurenergy Renewable energy company Enel Green Power North America has acquired a 3.2 GW portfolio of solar and solar-plus-storage projects from Dakota Renewable Energy, a joint venture between Dakota Power Partners and Eolian. The 24 development-stage projects, including 450 MW of storage capacity, are located in the Mid-Atlantic, Midwest and Western United States and are planned […] Read more
Global Solar Lighting Systems Market to Reach $11.2 Billion by 2026 Updated On Wed, Jul 14th, 2021 by Saurenergy A research report published by Global Industry Analysts Inc., (GIA) makes the prediction that the global solar lighting market will reach $11.2 billion by 2026. The global market for Solar Lighting Systems is estimated at US $ 5.5 Billion in the year 2020. Thus, the revised size of US$11.2 Billion by 2026 will entail growing […] Read more
