“Penetration In MSME Low, Market Untapped for Solar Rooftop Plant Developers,” Vikas Agarwal, Credit Fair Updated On Fri, Mar 17th, 2023 by Saurenergy With a transition in power consumption patterns worldwide due to climate change and the limitation of fossil fuels, the importance of green sources such as solar energy has increased significantly in the past few years. However, the initial installation cost often is a significant limitation for the widespread adoption of solar technology in residential and […] Read more
India Adds Just 487 MW of Solar Capacity in February 2023 Updated On Thu, Mar 16th, 2023 by Saurenergy As per the latest figures of installed capacity of renewable energy released by the CEA (Central Electricity Authority), India’s solar capacity rose to a little over 64380 MW as on February 28, 2023. In January 2023, the total solar power capacity stood at a little more than 63893 MW. Thus, over the span of a […] Read more
Amarenco Acquires 204 MW Spanish Solar Project from Hanwha Energy Updated On Thu, Mar 16th, 2023 by Saurenergy South Korean energy giant Hanwha Energy has announced that it has sold a 204 MW solar power project that was being developed in Spain to Amarenco. Hanwha has not disclosed the financial details of the deal. Amarenco is an Ireland-based independent power producer (PPA). The solar energy project that is sold by Hanwha Energy was […] Read more
Europe’s Solar Energy Surge: A Promising Solution Or Just A Palliative? Updated On Thu, Mar 16th, 2023 by Saurenergy Europe is in the middle of its biggest ever solar build out currently, as it seeks to build more solar capacity for every reason from more energy security to clean energy. But can solar deliver for Europe? Is it the panacea to energy security in the long term? Or is it doomed to over promise […] Read more
Emerson to Automate New Zealand’s First Large-Scale Solar Project Updated On Wed, Mar 15th, 2023 by Saurenergy Technology and software conglomerate Emerson will provide advanced automation solutions to help ensure the safety and reliability of New Zealand’s first large-scale solar PV power project. Emerson said that its renewable power generation expertise will help solar energy company Lodestone Energy quickly and safely complete its two 23 MW sites at Kaitaia and Edgecumbe. The […] Read more
IbVogt Selects Nextracker to Supply Solar Trackers for 150 MW Power Plant in Spain Updated On Tue, Mar 14th, 2023 by Saurenergy Solar tracker solutions provider for utility-scale and distributed generation projects Nextracker has secured a new deal in Europe for its terrain-following solar tracker NX Horizon-XTR™ (XTR). IbVogt, German international solar developer, has chosen Nextracker’s XTR for the 150 MW Garnacha solar power plant in Spain. The project is backed by a twelve-year power purchase agreement […] Read more
JinkoSolar Announces Financial Results; Net Profit Stands at $96 Million Updated On Mon, Mar 13th, 2023 by Saurenergy JinkoSolar Holding Company that claims to be one of the largest and innovative solar module makers in the world, has announced its financial results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter Results of 2022 JinkoSolar said that the quarterly shipments were 16,802 MW solar modules, cells and wafers which […] Read more
Silfab Solar Raises $125 Million to Build Third US Cell Factory Updated On Thu, Mar 9th, 2023 by Saurenergy North American PV module manufacturer Silfab Solar has announced a second investment round led by ARC Financial Corporation to help fund the next expansion of Silfab Solar, whose third facility is to open in the United States of America. This will include domestic PV cell and module production. The $125 million investment from energy-focused private […] Read more
CERC Rejects Change In Law Plea For BCD Demanded By Developers In SECI’s Tranche IX Solar Tender Updated On Thu, Mar 9th, 2023 by Saurenergy In the tariff approval plea filed by SECI (Solar Energy Corporation of India) for its tranche IX solar tender, where it had bid out 2000 MW of capacity in 2020, the CERC (Central Electricity Regulatory Commission) found itself analysing a range of issues. Be it the change in GST on key solar components, to increase […] Read more