1 Terawatt and Beyond: Solar Energy’s Unstoppable Rise and What Lies Ahead Updated On Mon, Jul 10th, 2023 by Saurenergy Solar has come a long way in the last few years, from over 100,000 megawatts in 2012 to one terawatt now (1 terawatt is 1 million megawatts). So, what spurred this development? What were the factors that facilitated the achievement of this feat? We’ll be going over humanity’s journey to 1 TW of installed capacity […] Read more
PM KUSUM: Haryana Orders To Forfeit Deposits Of Errant Solar Firms Updated On Fri, Jul 7th, 2023 by Saurenergy The Haryana New and Renewable Department, in its latest order, has threatened to take stringent action against errant solar companies working under the PM-KUSUM scheme. The order came to the fore after the department received several complaints from farmers against these companies. These complaints were related to delays or no response from these firms when repair […] Read more
ISA & African Investment Platform to Pave Way for Financing Solar Projects in Africa Updated On Thu, Jul 6th, 2023 by Saurenergy African infrastructure investment platform Africa50 and the International Solar Alliance (ISA) have entered into an agreement that will bolster and finance solar projects on the continent. The partnership has been forged with an ambition to augment solar capacity, increase energy access and facilitate energy transition. Africa50 was established by African governments and the African Development […] Read more
Risen Energy Signs 1GW HJT Solar Module Supply Agreement with Athein Updated On Tue, Jul 4th, 2023 by Saurenergy Ningbo, China based Risen Energy, a leading producer of heterojunction (HJT) solar modules, has entered into a supply agreement with Singapore-based independent power producer (IPP) platform company, Athein Holding Pte Ltd. The agreement will see the solar module maker providing up to 1 GW of HJT solar modules to Athein Holding, supporting their renewable energy […] Read more
Nuru Gets $40 Million For Delivering Solar In Power Starved DRC Updated On Tue, Jul 4th, 2023 by Saurenergy Nuru, one of Africa’s pioneering renewable energy-powered metrogrid companies, has announced the successful close of over $40m in Series B equity funding and anticipates the close of an additional $28m in project finance by the end of the month. The funds will enable Nuru to commence construction on 13.7 MWp of projects, expanding its existing […] Read more
DRE Finds A Footing In India, Powered By Solar Updated On Tue, Jul 4th, 2023 by Saurenergy Laxmi Bhuyan is a 58-year-old woman from the Sindiba village in the Gajapati district of Odisha. This tribal village, with swatches of fertile land around the village periphery, bolstered the local farmers to grow different fruits and vegetables around the year. However, the raw fruits often yielded low prices for the producers. On the other […] Read more
Hynfra Expands into Jordan with 530MW Solar-PV Green Ammonia Project Updated On Mon, Jul 3rd, 2023 by Saurenergy Hynfra, a Polish hydrogen company, has recently formed a new venture in Jordan with the aim of establishing a green ammonia plant powered by a 530MW solar PV system. The project is expected to be operational within five years. This joint venture, named Jordan Green Ammonia LLC, was created in partnership with Fidelity Group, an […] Read more
HPCL Invites Bids for Consultancy for 100 MW Solar Projects in Andhra Pradesh Updated On Fri, Jun 30th, 2023 by Saurenergy State-owned Hindustan Petroleum Corporation Limited (HPCL) has issued a tender for the selection of a project management consultant for the installation of 100 MW solar project at Galiveedu Solar Park in Andhra Pradesh. The project is for captive consumption. The EPMC consultant will be responsible for the design, engineering, procurement, supply, erection, and commissioning of […] Read more
Chinese Solar Module Prices Hit Record Lows, Developers Hope For A Lasting Opportunity Updated On Fri, Jun 30th, 2023 by Saurenergy Chinese solar module prices have reached their all-time lowest level, as the Chinese Module Marker (CMM) now stands at $0.173 per W. The CMM experienced an unprecedented decline of 11.73 per cent week-on-week over the past week, representing the largest percentage drop in its history. Most of the downtrend has been attributed to firstly, the […] Read more