Aquila Capital in Deal for Solar Project Portfolio in Spain Updated On Mon, Feb 7th, 2022 by Saurenergy With an eye of a 500MW solar photovoltaic (PV) portfolio in Spain, Aquila Capital has signed an agreement with Viridi RE and Solar Ambition. Aquila is a German investment and asset development company and Solar Ambition is a subsidiary of Green Enesys Group. The deal has it that Viridi RE and Solar Ambition will work […] Read more
Powerledger Wins Award for Its Distributed Solar Electricity Project in UP Updated On Mon, Feb 7th, 2022 by Saurenergy Australian technology company Powerledger has won an award from World Summit Awards for their work in promoting distributed electricity in Uttar Pradesh, India. The WSA scheme recognises digital applications that have a strong positive impact on society, and out of 8000 entries, the software company was singled out for its promise of bringing electricity to […] Read more
US Tariff Extension on solar products hurts energy goals: China Updated On Mon, Feb 7th, 2022 by Saurenergy The Biden administration in the U.S. has extended Trump-era tariffs on imported solar products for four years but made changes to exempt many more products from the levies, such as the more modern bifacial panels, which are key for Biden’s climate agenda because they are the most efficient and will be increasingly used in large […] Read more
Maxeon Solar raises the bar with warranty of 40 Years On IBC Panels Updated On Fri, Feb 4th, 2022 by Saurenergy Headquartered in Singapore, Maxeon Solar Technologies has announced the launch of “the solar industry’s longest and most comprehensive combined warranty” on its Maxeon Interdigitated Back Contact (IBC) product line, which is sold in most countries outside the US and Canada under the SunPower Maxeon brand. Effective for systems installed on or after January 1, 2022, […] Read more
Adani Green raises Rs 612 cr to refinance debts pertaining to solar projects Updated On Fri, Feb 4th, 2022 by Saurenergy Adani Green Energy (UP) Ltd, Prayatna Developers Pvt Ltd and Parampujya Solar Energy Pvt Ltd – three subsidiaries of Adani Green Energy Ltd – that collectively house 930 MW of operational solar power projects, have raised Rs 612.30 cr by their maiden domestic bond issuance. This has been done on a private placement basis. The […] Read more
Kimberly-Clark India adds 1.7 MW Solar plant Updated On Fri, Feb 4th, 2022 by Saurenergy Even as India has committed to a net zero target by 2070, expectations from corporates is naturally higher, as they are better resourced and agile. The $19.1 billion (FY 2020) Kimberly-Clark Corporation, through its Indian subsidiary, Kimberly-Clark India has a significant presence in the consumer market too, and now, seeks to lead the change when […] Read more
A Solar PLI Scheme Disregarding MSME Sector Could Lead To Cartel Like Situation In Solar Too Updated On Wed, Feb 2nd, 2022 by Saurenergy The announcement of the PLI scheme expansion from Rs 4500 crore till now by a further Rs 19,500 crores was the most notable one for the solar sector in the Budget for 2022. While widely welcomed, the move does raise an existential question for the hundreds of SME and MSME firms involved in the module […] Read more
Why The Solar PLI Scheme Will Throw Up Big Opportunities, And Challenges For Industry Updated On Wed, Feb 2nd, 2022 by Saurenergy The allocation of a further Rs 19,500 crore for solar manufacturing under the Solar PLI (Performance Linked Incentive) scheme, which rewards manufacturers for both backward integration and exports, is indeed a big deal. Taken in its entirety with the existing Solar PLI scheme of Rs 4500 crore that is already under execution, the scheme will […] Read more
200 GW Milestone Beckons For Solar Additions in 2022, Cheaper With Extra Storage, Says BNEF Updated On Wed, Feb 2nd, 2022 by Saurenergy Bloomberg New Energy Finance (BNEF) has predicted that the year 2022 will see the 200 GW milestone in a year for solar crossed for the first time. In 2021, photovoltaic systems with a combined capacity of 183 GW were installed across the globe, a 40 GW jump over 2020. The 2021 figures also came in […] Read more
