IPO Time For India Solar Equipment Manufacturers In 2021 Updated On Mon, Aug 9th, 2021 by Saurenergy After a long wait, initial reports are finally coming out regarding plans by major Indian solar equipment manufacturers planning Initial Public Offers. We refer to a long wait simply because the markets have been buoyant for a while now, and have duly been followed by an IPO wave the likes of which has rarely been […] Read more
India’s Energy Storage Tech Capacity to Reach 180-800 GW by 2050 Updated On Fri, Aug 6th, 2021 by Saurenergy During the last decade, the cost of energy storage technologies, primarily lithium-ion battery energy storage systems (BESS), has declined rapidly and is projected to decline further over the next decade. This comes at a time when electricity grid flexibility is being recognised as an essential resource for reliable operations and for integrating high amounts of […] Read more
Govt. Confirms Solar Imports Down To $571 million in 2020-21 Updated On Fri, Aug 6th, 2021 by Saurenergy Yesterday, the Union Power and New and Renewable Energy Minister Raj Kumar Singh while addressing the Lok Sabha announced that India’s solar cells and modules imports fell to $571.65 million in the last financial year (FY20-21) from $2.16 billion and $1.68 billion in FY18-19 and FY19-20, respectively. Till July end, India had imposed tariff and […] Read more
India Added 601 MW C&I RE Generation Capacity in Q1 2021: Report Updated On Thu, Aug 5th, 2021 by Saurenergy BRIDGE TO INDIA has launched a new quarterly report titled “India Corporate Renewable Brief,” which provides a detailed regular update on key trends and developments in the rapidly growing C&I renewable market. The study includes details of capacity addition, key players, policy developments, equipment prices, financing deals and other market trends. The first edition of this report […] Read more
REMCL Invites Bids for 210 MW Solar Projects on Vacant Railway Land Updated On Thu, Aug 5th, 2021 by Saurenergy Railway Energy Management Company Limited (REMCL), a joint venture of the Indian Railways and RITES Limited (Rail India Technical And Engineering Services Limited, a railway PSU), has issued a new tender to develop 210 MW of grid-connected solar projects under the Domestic Content Requirement (DCR) category. The solar projects are to be developed on vacant railway […] Read more
These 5 Firms Moved To Solar in 2021. How Many Will Follow? Updated On Wed, Aug 4th, 2021 by Saurenergy Indian corporates across energy-intensive sectors are increasingly adopting solar for captive use, the latter comprising a solar power plant that is deployed by a company for its own consumption. That is, power generated by such a solar power plant is consumed entirely by the developing company itself. For instance, Mumbai-headquartered auto major Mahindra & Mahindra Ltd. […] Read more
SolarEdge Earns $431.5 M Revenues from Solar in Q2 FY21 Updated On Wed, Aug 4th, 2021 by Saurenergy SolarEdge, an Israel-headquartered photovoltaics company, has announced its financial results for the second quarter ended June 30, 2021. The company reported $431.5 million of revenues from the solar segment, up 39% from $310.1 million in the year-ago period. “We are happy to finish the second quarter of 2021 with record revenues in both our solar and non-solar businesses […] Read more
India’s Solar and Wind Generation in Q1, 2021, Versus Q1, 2020 Results for Solar, Wind Generation Updated On Tue, Aug 3rd, 2021 by Saurenergy We believe it is time the focus on solar and wind shifted to generation, not just capacity building. Because generation is eventually what matters, what contributes to carbon emissions reductions. And yes, finally, dependable data on the subject is available, thanks to the much more timely CEA, as well as options like the India Renewables […] Read more
Madhya Pradesh Tenders for 225MW Solar Projects Under PM KUSUM Updated On Tue, Aug 3rd, 2021 by Saurenergy Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has invited bids for the selection of developers for implementation of approximately 225 MW(AC) grid-connected solar power plants connected to selected 33/11 kV substations under the PM KUSUM program at various locations in Madhya Pradesh. The project size to be installed per substation is 500 kW to 2 […] Read more