India Likely to Install 54.7 GW of New Wind Capacity by 2022: Report Updated On Mon, Apr 29th, 2019 by Saurenergy Delays to the implementation of tendered projects and more muted interest in new auctions will present a substantial hurdle to fulfilling these envisioned expansion plans. India is likely to install 54.7 GW of wind capacity by 2022 against the 60-GW target set by the government, a new report has revealed. According to the latest Fitch […] Read more
Golden Concord Arm Gets Shingled Solar Modules’ Patent in Australia Updated On Mon, Apr 29th, 2019 by Saurenergy This will further enhance patent portfolio of Golden Concord Arm GCL System. One of the leading one-stop intelligent and integrated energy system providers GCL System Integration Technology Co. Ltd (GCL System) has received a patent for its shingled solar cell modules from IP Australia. This will further enhance patent portfolio of Golden Concord Arm GCL System. The […] Read more
Hero Future Energies and IFC to Invest $243.3 Mn in Rajasthan Solar Project Updated On Fri, Apr 26th, 2019 by Saurenergy The project will be supported by the World Bank’s International Finance Corporation (IFC), which will invest around $43.3 million (Rs 300 crore). Hero Future Energies Global (HFE), the clean energy arm of the Hero Group has revealed its plans to invest close to $200 million (Rs 1404 crore) for its latest solar project in Rajasthan. The company […] Read more
MERC Partially Approves MSEDCL’s Petition to Reduce Solar Tariff Updated On Thu, Apr 25th, 2019 by Saurenergy The Maharashtra Electricity Regulatory Commission recently heard a petition filed by the Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) relating to the adoption of tariff for long term procurement of solar power. In its petition, MSEDCL was seeking review of the Commission’s previous order relating to the adoption of tariff discovered for long term procurement […] Read more
NBCIL Invites Developers For Setting Up Solar Projects Under CPSU-II Scheme Updated On Thu, Apr 25th, 2019 by Saurenergy The Corporation has identified factory lands spanning over 10.46 acres in Ghaziabad for the development of solar power plants. The National Bicycle Corporation of India (NBCIL), a Government of India Undertaking, with reference to SECI’s 2000 MW grid-connected solar PV projects under CPSU Scheme, Phase-II, Tranche-I has invited government producers interested in participating in the […] Read more
CleanMax Solar Secures Rs 275 Cr Investment From UK Climate Investment Updated On Wed, Apr 24th, 2019 by Saurenergy Mumbai-based solar power developer CleanMax Solar has raised Rs 275 crore in equity funding from UK Climate Investments (UKCI). UKCI will underpin the development of a nationwide network of solar farms following the agreement to invest £30 million in one of India’s leading providers of renewable energy for commercial and industrial clients, CleanMax Solar. Founded […] Read more
Facebook, Dominion Energy to Add Six New Solar Facilities Updated On Tue, Apr 23rd, 2019 by Saurenergy Further, these solar projects are expected to become operational by mid-2020 and all of them are in addition to the two previously announced 240 MW solar projects. In a bid to go green with solar, social networking giant Facebook and US-based Dominion Energy has partnered to add 6 new solar facilities with total capacity of 350 MW. […] Read more
Huawei Supplies Smart String Inverters to ReNew Power’s Largest Utility Solar Project Updated On Tue, Apr 23rd, 2019 by Saurenergy Huawei supplied its SUN2000-95KTL-INH0 (“95KTL”) 1500Vdc smart interactive string inverters for the setting up of the project. ReNew Power, India’s largest renewable energy IPP (Independent Power Producer) recently announced that its 300 MW solar plant at Pavagada Solar Park was successfully on the commercial operation. Chinese inverter manufacturing major, Huawei supplied its SUN2000-95KTL-INH0 (“95KTL”) 1500Vdc […] Read more
Increased Demand For Solar Panels Pushing Up Solar Prices Updated On Tue, Apr 23rd, 2019 by Saurenergy At a time when price drops are taken for given in the long term, researchers from the University of Kent warn that high solar panel demand could lead spike in silver prices, with production costs soaring in the future. According to the researchers from Kent Business School, the rising demand for solar panels is pushing up […] Read more
