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
NLCIL Solicits Bids for 70.5 MW Solar Modules Updated On Tue, Sep 5th, 2023 by Saurenergy Lignite mining firm NLC India (NLCIL) has solicited bids for the acquisition of 70.5 MW of solar modules for a project established on rehabilitated land within the Mine-II region in Neyveli, Tamil Nadu. The scope of work entails module production, delivery, packaging, forwarding, and transportation to the designated site. The solar photovoltaic modules must meet […] Read more
Tata Power Renewable Energy in PDA for 26 MW Captive Solar Plant with Neosym Updated On Tue, Sep 5th, 2023 by Saurenergy The subsidiary firm of Tata Power, Tata Power Renewable Energy Limited (TPREL), has entered into a power delivery agreement (PDA) with Neosym Industry Limited (formerly the Indian Smelting and Refining Company Limited- ISR) for a 26 MW AC group captive solar plant. The project, located at Jamkhed, Ahmednagar in Maharashtra, will boast electricity generation capacity […] Read more
NTPC Invites Bids for Supply of Solar PV Modules for 1.255 GW Khavda Solar Project Updated On Tue, Sep 5th, 2023 by Saurenergy NTPC Renewable Energy Limited (NTPC REL), the renewable energy firm of India’s largest energy conglomerate, NTPC Limited, has issued a tender for the supply of solar PV modules for the 1.255 GW Khavda Solar Project in Gujarat. Manufacturers who are interested will be responsible for transporting 1,584.6 MW of crystalline solar PV bifacial modules with […] Read more
CarbonClear and Innovex Partners to Issue Data-Driven Carbon Credits from Off-Grid Solar Updated On Tue, Sep 5th, 2023 by Saurenergy CarbonClear, a data-driven carbon credit standard, has announced a strategic partnership with Innovex, a technology firm based in Uganda that designed and built ‘REMOT’, a leading IoT platform. This partnership aims to revolutionize the way off-grid solar installations contribute to the global climate effort. CarbonClear and Innovex Partners to Issue Data-Driven Carbon Credits from Off-Grid […] 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
NIIF-Backed Ayana Renewable Power To develop 330 MW RE Capacity For Hindalco Updated On Mon, Sep 4th, 2023 by Saurenergy Ayana Renewable Power, one of the largest Independent Power Producers (IPP) in India and backed by National Investment and Infrastructure Fund (NIIF), British International Investment (BII) and Green Growth Equity Fund, has signed a Power Purchase Agreement with Hindalco Industries Limited, the metals flagship company of the Aditya Birla Group, for the supply of 100 MW of Round-the-Clock […] 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
