First Solar, Fiserv Sign Tax Credit Transfer Pacts Under Inflation Reduction Act Updated On Thu, Dec 28th, 2023 by Saurenergy First Solar, a solar technology company entered into two separate tax credit transfer agreements (TCTAs) between Fiserv, Inc. and First Solar. These agreements were made to sell $500 million and up to $200 million, respectively, of 2023 Inflation Reduction Act (IRA) Advanced Manufacturing Production tax credits to Fiserv, Inc. The agreement is subject to satisfaction […] Read more
Solar Inverter Manufacturer Growatt Reflects on Success Stories in 2023 Updated On Thu, Dec 28th, 2023 by Saurenergy Solar inverter manufacturer Growatt has cemented its global reputation as a residential inverter supplier. The firm is also making progress in C&I and large-scale PV plants, strengthening its position among the world’s top four PV inverter suppliers. Here is a recapitulation of the year 2023 that saw Growatt won several laurels… Awards Growatt received multiple […] Read more
Solalite Power & ACME Take Home Highest Capacity in NTPC 1500 MW Wind-Solar Tender Updated On Thu, Dec 28th, 2023 by Saurenergy NTPC Ltd. has recently finalized a highly competitive bidding process for wind-solar hybrid power procurement in Tranche-1 (ISTS), open for development anywhere in the country. The tender, boasting a capacity of 1,500 MW, culminated in a reverse auction held on December 27, 2023. The initial L1 tariff was set low at INR 3.35 per kilowatt-hour […] Read more
SECI Looks for Agency to Forecast 10 MW Solar Plant at DRDO Updated On Thu, Dec 28th, 2023 by Saurenergy Solar Energy Corporation of India (SECI) has released a tender for the selection of agency for the generation forecasting and load forecasting work at DRDO for 10 MW solar PV power plant. It will also include coordination with Bangalore Electricity Supply Company (BESCOM), Karnataka Power Transmission Corporation Limited (KPTCL). The last date for submission of […] Read more
Suzlon Secures 300 MW Order For Its 3 MW Turbines From Apraava Energy Updated On Thu, Dec 28th, 2023 by Saurenergy Indian Wind Energy company Suzlon Group today announced a new order win for the development of a 300 MW wind power project for Apraava Energy Private Limited. Suzlon will install 100 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3 MW each at the client’s site in […] Read more
The Success Story of Solar Lighting in Rural Landscapes Updated On Wed, Dec 27th, 2023 by Saurenergy By Shashank Donthi, CEO of Hynetic Electronics Solar lighting in rural landscapes have gained popularity and extensive deployment in India due to their eco-friendly nature and cost-effectiveness. These lights harness solar energy during the day using photovoltaic panels and store it in batteries for illumination during the night. India’s rural communities form the foundation of […] Read more
Ostro Energy Eligible For Compensation Due To Change In GST Rates: CERC Updated On Wed, Dec 27th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC) in its latest judgement awarded compensation to Ostro Energy Private Limited, a renewable energy company. The compensation was awarded to it on account of surge in Goods and Services Tax (GST) after submitting its bid for a government project. As per the case details, Ostro Energy is a power […] Read more
Hinduja Renewables & SJVN Among Winners in GUVNL’s 500 MW Solar Tender Updated On Wed, Dec 27th, 2023 by Saurenergy SJVN has secured a 100 MW solar power project through e-reverse auction conducted by Gujarat Urja Vikas Nigam Limited (GUVNL). The firm bagged the quoted capacity of 100 MW solar project at the tariff of ₹2.63/unit on Build Own and Operate basis through a tariff based competitive bidding process of GUVNL. Hinduja Renewables has won […] Read more
JinkoSolar Becomes The First PV Firm To Get SBTi Validated Net-Zero Targets Updated On Wed, Dec 27th, 2023 by Saurenergy Global solar module manufacturer JinkoSolar has now become the first solar PV firm globally to get its net-zero targets validated with SBTi (Science Based Targets initiative). SBTi is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science. Additionally, it is the second company in mainland China […] Read more
