In 2022, India Among 3 Countries Accounting for Nearly 90% of Installed Capacity for Manufacturing Solar Modules: IEA Updated On Wed, May 31st, 2023 by Saurenergy A latest report by the International Energy Agency (IEA) claimed that China would continue to withhold its globally dominant position in solar module manufacturing capacities even in 2030. The report estimated the likely production capacities of solar modules in different countries by 2030 if the announced projects are implemented. The report titled ‘The State of Clean Technology […] Read more
Natixis CIB Closes $364m Financing For Chilean Solar Projects Updated On Wed, May 31st, 2023 by Saurenergy Natixis Corporate & Investment Banking (Natixis CIB) has closed a $364 million financing for a portfolio of a solar PV utility-scale and PMGD plants in Chile. These solar projects are owned and operated by Solek Holding and the portfolio has a combined capacity of about 284-MWdc. Natixis CIB acted as sole debt structuring advisor for […] Read more
India’s Solar O&M Market: A tale of increased domination of new evolving technologies Updated On Tue, May 30th, 2023 by Saurenergy If you track the Indian solar sector or are a regular SaurEnergy reader, you might remember the increasing frequency of news reports on the topic of robotic cleaning of solar panels. Be it Ecoppia, Airtouch (incidentally, both are Israeli firms), or the domestic Skilancer Solar and many more, robotic cleaning has created a disruption in […] Read more
RERC Asks Railways To Install ABT Meters To Avail Wind Energy From Rajasthan Updated On Tue, May 30th, 2023 by Saurenergy In its latest order, the Rajasthan Electricity Regulatory Commission (RERC) asked the Indian Railways to install ABT (Availability Based Tariff) Meters for hassle-free consumption of green energy from Rajasthan. ABT Meters are frequency-based price mechanisms mainly used when unscheduled electricity-related transactions occur. The RERC order came to the fore after the discoms in Rajasthan moved a […] Read more
FORVIA Signs PPA With RPC For 417 GWh Wind Power In Europe Updated On Tue, May 30th, 2023 by Saurenergy French automotive supplier Faurecia, owned by FORVIA, has announced that it has signed a ten-year Power Purchase Agreement (PPA) with clean energy major Renewable Power Capital in a bid to further its efforts for decarbonisation. This deal is securing almost all the output from the 417 GWh, 24 wind turbine, Klevberget onshore farm in Sweden. […] Read more
Ørsted To Acquire US Offshore Wind Seabed For $625 Million Updated On Tue, May 30th, 2023 by Saurenergy Danish RE major Ørsted has agreed to acquire 50% interest from Eversource Energy in the uncontracted federal offshore wind lease area currently owned jointly by the two companies against a consideration price of $625 million. In addition to the seabed, which is in early-stage development, the agreement also includes contracts and partnerships for key operational […] Read more
Offshore Wind Projects Starting Before 2033 To Get 25 Years Of ISTS Waiver In India Updated On Mon, May 29th, 2023 by Saurenergy The Ministry of Power, in its latest notification, has allowed a 25-year waiver of Inter-State Transmission System (ISTS) charges for early starters of offshore wind power projects. As per the notification, all the offshore projects commissioned on or before December 31, 2032, would be eligible for the long-term waiver. Besides these, the notification also confirms that […] Read more
5 Solar Energy Myths That Need To Be Buried For Good Updated On Mon, May 29th, 2023 by Saurenergy Despite the many benefits that solar energy offers, it continues to be shrouded in myth. However, in the recent past, particularly the last five years, solar has overcome challenges, and many myths, like few heralded energy sources before it. Saur Energy deflates the most common myths around solar. We hope these have not kept you […] Read more
South Eastern Railway Invites Bids for 13.54 MW Solar Rooftop Projects Updated On Mon, May 29th, 2023 by Saurenergy South Eastern Railway (SER) has floated tenders that invite bids for the establishment of 13.54 MW of grid-connected rooftop solar photovoltaic (PV) projects in railway zones. These are for the three states of Odisha, Jharkhand, and West Bengal and will be achieved through public-private partnerships. As per the tender, the projects will have to be […] Read more
