Icra Predicts Strong Demand for Domestic Solar OEMs with Policy Support Updated On Tue, Feb 22nd, 2022 by Saurenergy Business prospects of domestic solar original equipment manufacturers (OEMs) will remain strong aided by several policy measures over medium-term, rating agency Icra said. As a result, many domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities under PLI scheme by the winning bidders. However, […] Read more
Enfinity Global adds to portfolio in Japan 250 MW solar portfolio worth $1 billion Updated On Mon, Feb 21st, 2022 by Saurenergy Enfinity Global Inc., a leading renewable energy and sustainability services company, has announced the acquisition of a 250 MW solar photovoltaic portfolio in Japan with an enterprise value of $1 billion. This acquisition consolidates Enfinity Global’s platform in Japan and positions the company for further expansion in the country. The acquisition includes three operational large-scale solar power plants and […] Read more
MNRE Minister confirms fresh bids to be called for expanded Solar PLI Scheme Updated On Sun, Feb 20th, 2022 by Saurenergy Union minister for Power and Renewable Energy RK Singh has said that the fresh bids will be invited for the setting up of 40,000 MW production capacity for solar modules and cells under the production-linked incentive (PLI) scheme. Finance Minister Nirmala Sitharaman had made an additional outlay of Rs 19,500 crore for the PLI scheme […] Read more
Rooftop Solar Installation Price to Rise Until 2023: GlobalData Updated On Fri, Feb 18th, 2022 by Saurenergy Those striving to improve their carbon footprint by installing rooftop solar panels during the pandemic missed out on what has been over a decade-long annual price drop, according to GlobalData. The data and analytics company found that the price of panel systems dropped every year between 2013 and 2020, after which COVID-19-related supply chain disruption […] Read more
AMPYR gets $455m for 2GW of new solar energy projects Updated On Fri, Feb 18th, 2022 by Saurenergy European conglomerate AMPYR Solar Europe (ASE) has secured a massive facility of $455 million or €400 million that will enable the company to establish about 2GW of solar power capacity into operation. This project will span the entire Europe and shall be complete by 2025. The facility has been secured from CarVal Investors. AMPYR Solar […] Read more
Saudi Arabia’s Bin Omairah to Up Solar Panel Exports to Europe, Africa Updated On Fri, Feb 18th, 2022 by Saurenergy Saudi Arabia’s Bin Omairah Holding has planned to increase the export of its solar panels to capitalise on the expanding markets of Europe and Africa. The exports will be done from the company’s factory operational in the Tabuk region. It has also been learnt that the company has plans to open another plant for solar panels […] Read more
NTPC Seeks Bids for Maintenance of 255 MW Solar Projects Updated On Thu, Feb 17th, 2022 by Saurenergy India’s leading power generating conglomerate NTPC Limited, formerly National Thermal Power Corporation Limited, has invited bids for the maintenance of its solar power projects totalling 255 MW capacity. There are two separate solar plants that require service in the fresh contract. A 250 MW solar power plant is based in Ananthapuram district of Andhra Pradesh. A […] Read more
Oriano to Set Up 70 MWp Phase I of Chhattisgarh Solar Project Updated On Thu, Feb 17th, 2022 by Saurenergy Indian utility scale solar power development & EPC company Oriano has announced an order win for a major captive solar project under C&I segment in Chhattisgarh. The total project capacity accumulates to 168 MWp and the first phase of 70 MWp will be commissioned by mid-April 2022 to be evacuated at 132 kV. Balance capacity […] Read more
After Rooftop Solar, Australia Leads The World On Per Capita Solar Too Updated On Wed, Feb 16th, 2022 by Saurenergy IEEFA reports that even as protests against renewable energy projects gather momentum before the federal elections, Australia has quietly passed a major solar milestone, notching up 25GW of installed capacity – more PV per capita than anywhere else in the world. That’s a huge achievement for a country that has been pilloried for its massive […] Read more
