For GCL, Normal Is Back, with 60 GW Plan Updated On Wed, Apr 1st, 2020 by Saurenergy China-based GCL System Integration Technology Co. (GCL SI) which claims to supply 29.1% of total worldwide wafer capacity yield, represents 22.2% silicon market shares has announced plans to build a new factory in China with an annual solar panel production capacity of 60 GW. The new fab in Hefei province was said to cost an […] Read more
Lockdown to Impact Power Demand, Cash Flows for Discoms: ICRA Updated On Tue, Mar 31st, 2020 by Saurenergy The COVID-19 lockdown will adversely impact power demand, cash flows for Discoms leading to payment delays for Gencos and transmission firms, as per ICRA The lockdown announced by the government to control the spread of the Novel Coronavirus (COVID-19) pandemic will adversely impact electricity power demand, and cash flows for distribution companies (Discoms) – leading to payment delays for power generation and […] Read more
Offshore Wind is Expanding to new Markets as Prices Decline: Report Updated On Fri, Mar 27th, 2020 by Saurenergy According to a new report, offshore wind is expanding to new markets as technology costs decrease and renewable energy becomes more attractive A decade ago, in the infancy of offshore wind, there were concerns that it would be too expensive to grow at a large scale and compete with traditional market prices. Today, though, factors […] Read more
‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees Updated On Mon, Mar 16th, 2020 by Saurenergy The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […] Read more
LONGi Rated With Highest Altman-Z Score by BloombergNEF Updated On Wed, Mar 4th, 2020 by Saurenergy LONGi has been rated with the highest Altman Z score of all the publicly quoted pure-play solar manufacturers by BloombergNEF In February, BloombergNEF, a leading provider of global PV business dynamics and financial information had released the “1Q 2020 Global PV Market Outlook”. LONGi, which is one of the world’s leading solar module manufacturer, was […] Read more
Backsheets and Beyond- Behind Cybrid Technologies Big Plans Updated On Mon, Feb 17th, 2020 by Saurenergy China, the factory for the world is a truism that is particularly evident for the solar sector. Increasingly, we are seeing firms in the sector take the lead in innovations and shaping the future of the sector. It is no wonder that the whole premise of falling solar costs and high efficiencies in the new […] Read more
MNRE Clarifies on Manufacturers Exempt from BIS Registration Updated On Fri, Feb 7th, 2020 by Saurenergy In a bid to provide further relief to solar module manufacturers, the Ministry of New and Renewable Energy (MNRE) has issued clarification on the ‘definition of model’, ‘quantum of application fee’ and provisions w.r.t. manufacturers currently exempted from BIS registration and certification for ALMM (Approved List of Models and Manufacturers) application purpose. As per the […] Read more
Budget 2020 and Renewables. An Evolving Story Updated On Sun, Feb 2nd, 2020 by Saurenergy In the longest budget speech in history, the Finance Minister , Ms Nirmala Sitharaman managed to find a mention of the renewable sector, especially solar, at the beginning, middle and end, as it turned out. While the mention in the beginning was for the energy needs of farmers and the role of solar power, the […] Read more
Spain Closes 2019 With Nearly Half Renewable Energy Mix Updated On Sat, Jan 25th, 2020 by Saurenergy According to data furnished by the REE, at the end of 2019, renewable energy represents nearly half of the total installed generation capacity in Spain According to data furnished by the Red Eléctrica de España (REE), a partly state-owned and public limited Spanish corporation which operates the national electricity grid in Spain, During 2019, the […] Read more
