JinkoSolar Hits Record High Shipment in Third Quarter Updated On Tue, Nov 27th, 2018 by Saurenergy Total revenues were $974.8 million, an increase of 10.5% from the second quarter of 2018 and an increase of 4.3% from the third quarter of 2017. JinkoSolar, a leading solar PV company, has announced its unaudited financial results for the third quarter that ended September 30, 2018. Total solar module shipments hit record high of […] Read more
Niger PM Brigi Rafini Inaugurates its First Ever Solar Plant Updated On Tue, Nov 27th, 2018 by Saurenergy Developed with the support of Indian government, the 7 MW facility is located near Malbaza, a rural village in central Niger. In a proud moment, Niger’s prime minister Brigi Rafini and the minister of energy Amina Moumouni have inaugurated the nation’s first solar power plant. Developed with the support of Indian government, the 7 MW […] Read more
Canadian Solar Acquires 100% of Suzlon’s Telangana Solar Projects Updated On Mon, Nov 26th, 2018 by Saurenergy Suzlon sold its Amun Solar Farms and Avighna Solar Farms for a total of Rs 280.11 million to the Canadian global module supplier and solar project developer. Canadian Solar acquired the remaining 51% stake in two solar projects in Telangana from Suzlon Energy. The two projects have capacity of 15 MW each. Suzlon sold its […] Read more
Government to Reverse Auction Wind-Solar Hybrid Project Updated On Mon, Nov 26th, 2018 by Saurenergy The tender had received a tepid response from the industry with just Adani Green Energy and SB Energy bidding for the project. The government has decided to go for a reverse auction for its first wind-solar hybrid tender for which two companies submitted their bid. Adani Green Energy and Softbank-backed SB Energy will compete for […] Read more
Tangedco Gets Approval to Float Solar and Wind Tenders Updated On Thu, Nov 22nd, 2018 by Saurenergy The tenders will be floated in December and the companies taking part in the bidding will have one year to commission the project. Tamil Nadu Generation and Distribution Corporation (Tangedco) has revieced an approval from the Tamil Nadu Electricity Regulation Commission (TNERC) float solar and wind power tender for the financial year 2018-19. The tenders […] Read more
Solar Developers to Get a One-Time GST Compensation of Rs 2000 crore Updated On Tue, Nov 20th, 2018 by Saurenergy An order by Central Electricity Regulatory Commission (CERC) in October had approved the claims of solar power developers. In a relief to the solar developers, state power distribution companies will have to pay nearly Rs 2000 crore as a one-time compensation towards the impact of Goods and Service Tax (GST) on developers according to Icra. […] Read more
Solar Energy Corporation to Issue Tenders of 4000 MW in Nov-Feb Period Updated On Mon, Nov 19th, 2018 by Saurenergy The proposal however, will not guarantee India meeting its solar energy target under the national solar mission In order to fast-track the energy output from solar energy, government has instructed the Solar Energy Corporation of India (SECI) to issues tenders for 4000 MW of solar energy by the month of February 2019. The proposal however, […] Read more
Solar Power Generation Set to Touch 600 GW by 2023: Report Updated On Wed, Nov 14th, 2018 by Saurenergy This growth in the solar capacity, the report mentioned, will put solar energy ahead of all other renewable technologies combined. The total power generation capacity of the world using solar energy is set to touch approximately 600 GW by the end of 2023 from 391 GW in 2017, International Energy Agency (IEA) has said in […] Read more
Solar will Become More Competitive than Coal by 2040: IEA Updated On Wed, Nov 14th, 2018 by Saurenergy IEA also said in the report that Renewable energy has surpassed fossil fuels worldwide as the main source of new electricity generation. Power generation using solar energy will be more competitive than that via coal before 2040, International Energy Agency (IEA) has predicted in its World Energy Outlook 2018 report. IEA also said in the […] Read more