CERC Allows Compensation To RE Firm For Higher Duties On Solar Cells Updated On Mon, Dec 18th, 2023 by Saurenergy In its latest judgment, the Central Electricity Regulatory Commission (CERC) allowed compensation to a renewable energy company against the imposition of increased import duties on solar cells. The case was related to a Rajasthan-based solar project. On July 30, 2018, the Indian government imposed higher duties against the import of solar cells into India. On […] Read more
Tata Power Solar Systems in Contract with NTPC for 152 MWp Domestic Content Requirement PV Modules Updated On Mon, Dec 18th, 2023 by Saurenergy Tata Power Solar Systems Limited (TPSSL), a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL) has signed a contract to supply 152 MWp DCR (Domestic Content Requirement) solar PV modules for NTPC Limited (NTPC’s) Nokh Solar PV Project in Rajasthan. The project holds a significant order value of approximately INR 418 crore. NTPC […] Read more
Lucky Cement Gets Pakistan’s First n-Type Solar Plant Updated On Mon, Dec 18th, 2023 by Saurenergy Pakistan’s largest cement manufacturer, Lucky Cement has taken strides towards a more sustainable business impact with a 26 MW solar plant on its land in Pakistan. The project, executed by JA Solar and Orient Energy Systems is Pakistan’s first n-type photovoltaic (PV) power plant project. Since its commissioning in September 2023, the plant has met key […] Read more
Solar Production Costs In China Falls By 42% In 2023: Wood Mackenzie Updated On Fri, Dec 15th, 2023 by Saurenergy A latest report states that the cost of producing solar modules in China has dropped by 42% in the last 12 months to US$0.15 per watt (/W). This gave manufacturers in the country cost advantage over international rivals according to the New Horizons report from Wood Mackenzie. The report looks at ‘Five low-carbon tech trends […] Read more
Sterling & Wilson Renewable Energy Raises INR 1,500 Cr via QIP Route Updated On Fri, Dec 15th, 2023 by Saurenergy Sterling & Wilson Renewable Energy Limited (SWRE) has announced the completion of a fundraise of INR 1,500 crore through Qualified Institutions Placement (QIP) route. The Securities Issuance Committee of Board of Directors, at its meeting held on December 14, 2023, approved the issue and allotment of 4,32,27,665 equity shares of face value Re. 1 each […] Read more
Navalt Releases Solar-Electric Boat Barracuda at Mazagon Dock Updated On Fri, Dec 15th, 2023 by Saurenergy Navalt, an eco-marine tech firm that specializes in the manufacturing of solar electric vessels, has released its solar-electric boat, the Barracuda at Mazagon Dock in Maharashtra. This is said to be one of the fastest solar-electric boats in India. The solar electric boat works on optional plug and charge, operated on a solar capacity of […] Read more
Bangalore EV Startup Exponent Energy Rakes Up $26.4 Mn in Series B Round Updated On Fri, Dec 15th, 2023 by Saurenergy A Bangalore-based startup that delves in rapid charging of electric vehicles, Exponent Energy, has pocketed $26.4 million in a Series B round that was led by Eight Roads Ventures. It also entailed a strategic investment from TDK Ventures. Other participants in the Series B round included existing investors such as Lightspeed, YourNest VC, 3one4 Capital, […] Read more
“The Cabling In Solar Systems Is Designed to Exceed the 25 Year Warranty”, Hemant K Mehta, Elegar Kerpen Updated On Thu, Dec 14th, 2023 by Saurenergy Pune-based German cable firm Elegar Kerpen has been among the many firms leveraging the solar opportunity for faster growth. The cable maker was in the news recently after completing the acquisition of LEONI Cables Solutions (India) Pvt. Limited, making the German firm among the leading cable manufacturers in the country. SaurEnergy spoke to Hemant K […] Read more
Zetwerk Secures 375 MW Solar Module Deal with NTPC Updated On Thu, Dec 14th, 2023 by Saurenergy Zetwerk, a managed marketplace for contract manufacturing, has secured a deal with National Thermal Power Corporation (NTPC) for supplying 375 MWp of solar PV modules. This project is led by NTPC – Renewable Energy Limited (REL). Zetwerk, claims to be one of the largest suppliers for energy projects in segments such as solar, wind, and oil […] Read more
