5 Points to Keep in Mind Before Installing a Residential Solar System Updated On Fri, Feb 25th, 2022 by Saurenergy The advantages of taking on Solar energy by homeowners are being talked about a lot. From saving up to 80% on monthly electricity bills to promoting a sustainable society, going solar has proven to be a rewarding investment for homeowners all over the country. Diminishing energy utilization from the grid and switching to solar technology […] Read more
High Efficiency Ultrathin Solar Cell Developed by UK based Researchers Updated On Thu, Feb 24th, 2022 by Saurenergy Researchers at Imperial College London and University College London (UCL) claim to have found a novel technique to enable record-breaking power conversion efficiency in solar cells that are at least 100 times thinner than the conventional solar cells. The usual silicon based solar cells’ fabrication is often expensive, energy-demanding, heavy and bulky in nature. Also, […] Read more
Azure Power refinances its 600 MW solar project Updated On Wed, Feb 23rd, 2022 by Saurenergy Azure Power Global Limited has said that it has refinanced its 600 MW solar power project – which is based in the state of Rajasthan – at the lowest rate of interest in its portfolio up to the present time. The company statement says that it has successfully refinanced its existing project finance facility of […] Read more
Motive Energy to Soon Offer Solar Solutions, ESS and EV Charging Updated On Wed, Feb 23rd, 2022 by Saurenergy Motive Energy, a US-based forklift battery and charger supplier, has announced the expansion of its offerings to include Solar, Energy Storage Systems (ESS), and Electric Vehicle (EV) charging. Motive Energy is restructuring into two divisions: Power Solutions and Energy Solutions. The firm’s existing material handling offerings will form its Power Solutions division while it is […] Read more
LG Electronics to Exit Global Solar Panel Business Updated On Wed, Feb 23rd, 2022 by Saurenergy LG Electronics Inc. is exiting the global solar panel business. The decision, approved Feb. 22 by the LG board of directors in South Korea, follows a comprehensive review of the impact of increasing material and logistics costs, as well as severe supply constraints, on the solar business, the company has said in a statement. Although […] Read more
Portable Solar Tracking Towers Developed by IIT Delhi Updated On Tue, Feb 22nd, 2022 by Saurenergy Researchers at Indian Institute of Technology – Delhi (IIT-Delhi) have developed solar photovoltaic tracking towers that are portable. The new towers are of 3 kW and 5 kW capacity that can save time and the owners can operate them mechanically and also non-mechanically. The premier institution says that the new technology is scalable to higher […] Read more
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
Indian Oil Says New Policy to Cut Green H2 Cost by 40-50% Updated On Mon, Feb 21st, 2022 by Saurenergy Largest Indian oil firm IOC will set up ‘green hydrogen’ plants at its Mathura and Panipat refineries by 2024 to replace carbon-emitting units as it sees the just announced green hydrogen policy as a watershed moment in the country’s energy transition that will help cut costs. SSV Ramakumar, Director for Research and Development at Indian […] 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
