Vesper Energy Secures Letter of Credit Facility for up to $100 Million Updated On Tue, Nov 24th, 2020 by Saurenergy New Financing Will Fast-Track the Development of Its 3 GW Solar, 2.5 GWh Energy Storage North American Project Pipeline Vesper Energy – a leading developer, owner and operator of utility-scale renewable energy assets – announced it closed a new letter of credit (LC) facility with Macquarie Group (“Macquarie”) for up to $100 million. The LC […] Read more
British Govt Planning for More Clean Energy in Next Round of CfD Scheme Updated On Tue, Nov 24th, 2020 by Saurenergy The British Government has set out its next steps towards a green industrial revolution with ambitious plans for the next round of its flagship renewables support scheme. The British Government has set out its next steps towards a green industrial revolution with ambitious plans for the next round of its flagship renewables support scheme. The […] Read more
With Fresh Price Lows In Auctions, Are Solar Projects Awaiting PSA’s Truly Safe? Updated On Tue, Nov 24th, 2020 by Saurenergy In the last month and more, there have been multiple reports about the failure of the Solar Energy Corporation of India (SECI), a key nodal body that has been conducting utility scale solar auctions to sign PPA’s (Power purchase Agreement) with winning developers. SECI in turn blames it on the delay on the part of […] Read more
Solar Tariffs Drop to Record Low of Rs 2/kWh in SECI’s 1070 MW Tender Updated On Tue, Nov 24th, 2020 by Saurenergy The latest auction by SECI has seen solar power tariffs drop to a new record low of Rs 2 per kWh in the Indian solar segment. The latest auction by the Solar Energy Corporation of India (SECI) has seen solar tariffs drop to a new record low in the Indian solar segment. SECI’s auction for […] Read more
Trina Solar Purchases 1.2 Billion units of 210mm Monocrystal Silicon Wafers in Cooperation with Zhonghuan Updated On Mon, Nov 23rd, 2020 by Saurenergy Changzhou Trina Solar Energy Co., Ltd. (hereinafter Trina Solar) and Tianjin Zhonghuan Semiconductor Co., Ltd., (hereinafter Zhonghuan) signed a framework contract. Under the contract, Trina Solar intends to purchase 210mm monocrystal silicon wafers from Tianjin Huanou International Silicon Material Co., Ltd., a subsidiary of Zhonghuan. During the proposed procurement period between January 2021 and December 2021, the estimated total contract value […] Read more
Smart Power India Launches its Demand Generation Manual for Solar Mini Grids Updated On Mon, Nov 23rd, 2020 by Saurenergy Smart Power India has released the findings of its ‘Demand Generation Manual for Solar Mini-grid,’ to suggest ways to generate demand for solar mini-grids Smart Power India (SPI) has released the findings of its ‘Demand Generation Manual for Solar Mini-grid.’ According to SPI, the objective of the manual is to suggest ways to generate demand […] Read more
Rajasthan Move To Use Solar Energy for Water Pilot Project in 200 Villages Updated On Mon, Nov 23rd, 2020 by Saurenergy The move by Rajasthan Renewable Energy Corporation Limited (RRECL) could open up opportunities, and the doors to an integrated role for renewable energy in the central government’s biggest initiative for the coming three years, the Jal Jeevan Mission, that targets to provide safe and adequate drinking water through individual household tap connections by 2024. RRECL […] Read more
Bifacial Shipments for Longi Solar Cross 10 GW Milestone Updated On Mon, Nov 23rd, 2020 by Saurenergy China’s Longi Solar, a national champion that has long sought global heft too, has informed that its high-efficiency bifacial modules have now crossed 10GW in shipments. The firm hopes to take production to 12GW by the end of 2020. Bifacial modules have been around for a whole now, and in some markets like India, still […] Read more
KERC Reinstates Tariff of ₹4.79/unit for Adani Green Energy Updated On Sat, Nov 21st, 2020 by Saurenergy The Karnataka Electricity Regulation Commission (KERC) passed two orders in favor of Adani Green Energy Limited’s (AGEL) solar plants of 20 MW each. Both the projects were part of a tender by Karnataka Renewable Energy Development Limited (KREDL) for 290 MW of solar projects for 17 talukas across Karnataka. The distribution companies (DISCOMs) Hubli Electricity […] Read more
