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solar energy power

Seraphim’s New 166mm Half-Cut Cell Module Offers Higher Efficiency with Less Cost

China based solar product manufacturer Jiangsu Seraphim Solar System (Seraphim) has unveiled its new high-efficiency 166mm half-cut cell module, which can save over 5 percent of the cost per watt in projects above 1MW against ordinary modules. This is a new generation of photovoltaic (PV) modules combining 166mm-size silicon wafers with multi-busbar (MBB) and half-cut […]

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RWE Renewables Closes Financing for 151 MW Wind Project

RWE Renewables has announced that it has completed the successful tax equity financing of its 151 MW Peyton Creek wind farm in Matagorda County, Texas. RWE Renewables has announced that it has completed the successful tax equity financing of its 151-megawatt (MW) Peyton Creek wind farm in Matagorda County, Texas. A subsidiary of Bank of America provided […]

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REC Sanctions Rs 7 Cr to Ramp Up Relief Work Amid Lockdown; More to Come

The central public sector undertaking (CPSU) REC Ltd, via its CSR arm REC Foundation, has sanctioned Rs 7 crore in a step to speed up the relief work amidst lockdown due to the spread of the coronavirus pandemic. Concerned over the plight of daily wagers, the navratna non-banking finance company (NBFC) said that more such […]

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150 GW of RE Projects at Risk Due to Coronavirus

In the fast developing situation arising out of the Coronavirus pandemic and its impact on renewables worldwide, we have seen many estimates, and updations to those estimates. The latest one is Wood Mackenzie’s (Woodmac) research that shows up to 150 gigawatts (GW) of wind and solar projects across the Asia Pacific at risk. These projects […]

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Now, Safeguard Duty Clarification From MNRE Awaits

An active Ministry of New and Renewable Energy (MNRE) has been in overdrive in 2020, delivering a wishlist of moves for the sector so far. Not just that, some of the amendments planned for the Electricity act of 2003 soon, will add even more legal teeth to its orders, issued mainly to protect the sector […]

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MNRE Invites EoI for Evaluating Components of PM KUSUM Scheme

The Ministry of New and Renewable Energy (MNRE) has invited Expression of Interest (EOI) from reputed consultants and experts to undertake an evaluation of Component-A and Component-C of the Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM KUSUM) Scheme. This scheme was launched during the month of March last year and has three components: […]

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MNRE Grants Blanket Extension for RE Projects amid Lockdown

With an aim to provide relief to renewable energy (RE) stakeholders amid lockdown due to Covid-19, the Ministry of New and Renewable Energy (MNRE) has granted an extension of time for RE projects equivalent to the period of lockdown plus 30 days additional blanket extension. Saurenergy had shared  this information following our coverage of MNRE […]

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Pre-Bid Meetings for 3 SECI Tenders Worth 9000 MW Postponed

SECI has announced the postponement of pre-bid meetings for three of its active tenders worth a combined 9000 MW in renewable projects and power. The Solar Energy Corporation of India (SECI) has issued a notification, announcing the postponement of pre-bid meetings for three of its active renewable tenders worth a combined 9000 MW in projects […]

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Amid Lockdown, India to boost Discoms With Electricity Despite Dues

Generation, transmission firms in India will be involved in the continuous supply and transmission of electricity to Discoms despite their outstanding dues In India, the central public sector undertaking (CPSU) generation and transmission companies will be involved in the continuous supply and transmission of electricity to distribution companies (Discoms) despite the huge outstanding dues. As […]

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