CERC Awards Compensation To Torrent Power Over Surged GST Rates Updated On Wed, Jan 10th, 2024 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, awarded compensation to a subsidiary of Torrent Power against the rise of Goods and Services Tax (GST). Its subsidiary– Torrent Solargen Limited (TSL), is a generating company. It had set up its 115 MW ISTS-connected wind power project in the Kutch district of Gujarat. The company […] Read more
US Likely To Increase Solar Generation By 5.6% In 2024: EIA Outlook Updated On Wed, Jan 10th, 2024 by Saurenergy The US Energy Information Administration (EIA) in its short-term energy outlook, anticipated solar electric generation to become the leading source of growth in the US electric power sector. It elaborated, “In our January Short-Term Energy Outlook (STEO), which contains new forecast data through December 2025, we forecast new capacity will boost the solar share of […] Read more
Ayodhya Set To Create World Record With Largest Solar Streetlight Line Updated On Wed, Jan 10th, 2024 by Saurenergy Ayodhya is undergoing a transformation into a solar city, marked by the imminent completion of the world’s largest ‘solar-powered street lights line.’ The installation of 470 solar street lights is underway, covering a sprawling 10.2 km stretch from Lakshman Ghat to Guptar Ghat, extending up to Nirmali Kund. This solar streetlight initiative is set to […] Read more
China-based Solar N Plus, GCLSI Record Key Solar Wins In India Updated On Wed, Jan 10th, 2024 by Saurenergy Chinese firms, for all the worries on extension of ALMM (Approved Lists of Modles and Manufacturers) exemptions post March 2024, continue to make progress with Indian customers. First up, Solar N Plus New Energy Technology Co., Ltd. (Solar N Plus), a leading manufacturing expert in TOPCon technology and a subsidiary of Lanfeng Bio-chemical Co., Ltd. […] Read more
Germany’s Renewable Energy Capacity Increased By 12% YoY Updated On Tue, Jan 9th, 2024 by Saurenergy The Bundesnetzagentur, a German energy regulatory office in its preliminary figures on growth in renewable capacity in 2023, found an increase in Renewable Energy (RE) installed capacity by 17 gigawatts (GW). This represents a year-on-year (YoY) increase of 12%. The increase is mainly accounted for by solar and wind. According to this data shared by Bundesnetzagentur […] Read more
Premier Energies Bags Rs 1700cr Solar Module Order From NTPC Updated On Tue, Jan 9th, 2024 by Saurenergy Premier Energies, an Indian integrated solar cell and module manufacturer, has been awarded a 608-megawatt (MW) DCR (Indigenous Solar Cell and Module) Bifacial Solar PV Modules supply order from NTPC Limited, a public sector undertaking owned by the Government of India. NTPC is India’s largest power utility with an installed capacity of 73,824 MW (including […] Read more
Gokul Dairy To Build Solar Power Project In Solapur, Maharashtra Updated On Tue, Jan 9th, 2024 by Saurenergy The renowned milk product brand, ‘Gokul Dairy,’ also known as Kolhapur Zilla Dudh Utpadak Sangh, is slated to establish a solar power generation plant in the Solapur district of Maharashtra. In December, Gokul acquired 18 acres of land from the solar park in Karmala Tehsil, Solapur district, to construct the solar power generation facility. As […] Read more
QCells Signs 12-GW Solar Power Deal With Tech-Giant Microsoft Updated On Tue, Jan 9th, 2024 by Saurenergy Global renewable energy player Qcells will supply tech giant Microsoft with 12 – G.W. of solar modules and EPC services over an 8-year period. This is Qcells’ largest module and engineering, procurement and construction (EPC) services agreement to date. The order is equivalent to powering more than 1.8 million homes annually. The eight-year strategic alliance […] Read more
ReNew Signs Contract To Sell 300 MW Solar Project With $199mn Valuation Updated On Mon, Jan 8th, 2024 by Saurenergy Indian renewable energy company ReNew today announced that it has signed a Share Purchase Agreement with India Grid Trust to sell a 300 MW solar project in Rajasthan – ReNew Solar Urja Private Limited – for a total enterprise value of $199 million. The transaction is expected to close in accordance with PPA conditions. Approximately […] Read more
