ACME Solar Raises $334 Million Through Offshore Green Bonds Updated On Fri, Jul 30th, 2021 by Saurenergy India’s solar power developer ACME Solar has today announced raising USD 334 million through offshore green bonds. The investment has been raised for 12 of ACME’s solar projects in India, and it will be funded by U.S. dollar-denominated green bonds. These bonds have received the green certification from Climate Bonds Initiative. Also, they will be […] Read more
Floating Solar On A Growth Path Updated On Thu, Jul 29th, 2021 by Saurenergy In Solar’s rise to pre-eminence from a fringe renewable energy option just a decade back, it’s time to consider the rise of floating solar (also called floatovoltaics in many cases). To think that it did not even exist at any scale till 2013. The earliest patent on floating solar was taken out only in 2008. […] Read more
C&I Rooftop to Add 1875 MW Solar Capacity in India in 2021: IEEFA, JMK Updated On Thu, Jul 29th, 2021 by Saurenergy India’s commercial and industrial (C&I) segment in calendar year 2021 is estimated to grow by 47% on a year-over-year basis to add 1,875 MW of new capacity, shows a new report published by Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research. The report titled “Emerging technology trends in the C&I rooftop solar market in […] Read more
NASA Solar Array Technology Now Powering Communications Satellites Updated On Fri, Jul 23rd, 2021 by Saurenergy US space exploration agency NASA has said that its innovations meant to help humans inhabit other planets, such as Mars, also make life better here on Earth. Consider the Compact Telescoping Array (CTA), a technology developed at NASA’s Langley Research Center in Hampton, Virginia, to provide solar energy to satellites in space. CTA is now […] Read more
Global Electricity Demand Growing Faster than Renewables: IEA Report Updated On Fri, Jul 23rd, 2021 by Saurenergy Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, says a new report from the International Energy Agency. After falling […] Read more
China Could Add 55-65 GW of Solar Capacity in 2021: China Solar Association Updated On Thu, Jul 22nd, 2021 by Saurenergy The Solar Manufacturing Association of China predicts that the country can add approximately 55 to 65 GWs of solar capacity in 2021. In a note on thursday, the association said that these additions could take total solar installations of China beyond 300 GW by the end of the year. However, the solar power installation reached […] Read more
GUVNL Revokes Subsidy to 4,000 Solar Projects of Around 2500 MWs Updated On Thu, Jul 22nd, 2021 by Saurenergy A wholly-owned state electricity regulation board in the state of Gujarat, Gujarat Ujrja Vikas Nigam Ltd. (GUVNL) has withdrawn subsidies to small-scale distributed solar projects, hitting about 4,000 projects with an aggregate capacity of around 2500 MW contracted capacity. The purchase price of power produced was fixed at Rs 2.83 per unit which was already […] Read more
Topsun Sets Up GUVNL-commissioned 1 MW Solar Plant in Gujarat Updated On Thu, Jul 22nd, 2021 by Saurenergy Gandhinagar-based rooftop solar manufacturer Topsun Energy Ltd has set up a 1 MW solar power plant, their first one to be commissioned by Gujarat Urja Vikas Nigam Ltd. (GUVNL). Power evacuation to grid has been completed successfully under the Small-Scale Distributed Solar Projects (SSDSP) 2019 scheme. Founded in 2007, Topsun offers innovative photovoltaic products and systems […] Read more
Highfield Solar Secures €160 Million Funding for 282 MW Solar Projects In Ireland Updated On Tue, Jul 20th, 2021 by Saurenergy Ireland’s Highfield Solar has secured project funding for the construction and operation of two solar PV projects totaling 282 MW of installed capacity. these will be the largest solar projects in Ireland. A joint venture between a German company ib vogt, an Irish company Highfield Energy and a UK company Aura Power, Highfield Solar Limited […] Read more
