Oxford PV Achieves 25% Solar Cell Efficiency; Claims World Record Updated On Wed, Jan 31st, 2024 by Saurenergy Oxford PV, a British firm pioneering advanced photovoltaic cell technology, has claimed to have achieved a remarkable 25% conversion efficiency, surpassing the typical 24% efficiency of commercially available silicon-based solar cells. Oxford PV says that this is now a new world record in solar panel efficiency. Solar modules employing these higher efficiency cells yield greater […] Read more
COVER STORY: Rooftop Solar Enters Mission Mode In India Updated On Mon, Jan 29th, 2024 by Saurenergy The signs were already there. In the first week of 2024, the Ministry of New and Renewable Energy (MNRE) created ripples in the Indian solar market when it announced a 23 percent increase in subsidies for residential rooftop solar. As per the government notification, the ministry increased subsidies from Rs 14,588/kWh to Rs 18,000/kWh for […] Read more
India’s Renewable Energy Capacity To Reach 54% By 2047: NREL Updated On Mon, Jan 29th, 2024 by Saurenergy A recent report by the United States (US)-based organization National Renewable Energy Laboratory (NREL) anticipated an increase in the share of renewable energy (RE) generation from wind and solar in India to reach 54 percent by 2047. The NREL report evaluated, “In the base scenario, investments in battery storage are economic in 2030 is expected […] Read more
BHEL Haridwar Issues Tender for 5 MW Solar Project Updated On Thu, Jan 25th, 2024 by Saurenergy Bharat Heavy Electricals Ltd (BHEL) has issued a tender notification seeking developers for its 5MW solar project at Ranipur facility in Haridwar, Uttarakhand. The project will be developed under BOOM mode comprising design and construction responsibilities of design-build procurements with operations and maintenance of the project. The bids will have to be submitted by February […] Read more
Hero Future Energies Inks Pact With PIXON Green For Solar Module Supply Updated On Thu, Jan 25th, 2024 by Saurenergy Hero Future Energies has announced the signing of an agreement with PIXON Green Energy, a domestic module manufacturer, for the supply of solar PV modules. Under the agreement, PIXON Green Energy will provide Hero Future Energies with high-efficiency modules for up to 500 MW annually on a prioritized basis for two years from their automated […] Read more
₹650 cr Morbe Dam Solar Project Tender To Be Issued Soon by NMMC Updated On Thu, Jan 25th, 2024 by Saurenergy The Navi Mumbai Municipal Corporation (NMMC) will be issuing tender for a 100 MW solar PV project at the Morbe Dam that lies in Raigad, Maharashtra. The solar power project was initially conceived in 2012 but didn’t fructify due to several reasons. It is now finally progressing after a 12-year delay. NMMC also has plans […] Read more
Enel Subsidiary 3Sun Secures €560 million For HJT Solar Manufacturing In Italy Updated On Thu, Jan 25th, 2024 by Saurenergy Italy, which has been a surprise beneficiary of the European push for more manufacturing, got another boost with 3Sun, the solar module manufacturing subsidiary of Italian utility Enel secured €560 million for its heterojunction module assembly plant in Sicily, Italy. Details on the number of jobs this would create are not available, but widely expected […] Read more
Solar Power Europe Revises Battery Regulation For PV Manufacturers Updated On Wed, Jan 24th, 2024 by Saurenergy ‘Solar Power Europe‘, a European industry body for solar, released a report, ‘Solar Power Europe End-Of Life Guidelines”. The report shared an outlook to modernize the EU legislative framework for batteries and accumulators. This ‘Battery Regulation’ is estimated to repeal ‘Battery Directive’, which was proposed for discussion and published for consultation in December 2020. It […] Read more
Rystad Energy Forecasts Solar, Wind Markets To Add More Than 900 Tw-Hr In 2024 Updated On Wed, Jan 24th, 2024 by Saurenergy Rystad Energy, a research company recently shared some key aspects that can shape the energy sector in 2024. Renewable energy capacity expanded rapidly, keeping up with global power demand growth for the first time. It forecasted in 2023, “Solar PV needed to grow by 220 gigawatts (GW) in 2023 to track the 1.6 DG scenario […] Read more
