Adani Green’s Wind-Solar Hybrid Becomes First in India Updated On Mon, May 30th, 2022 by Saurenergy Adani Green Energy Limited (AGEL) has claimed to have commissioned the first ever wind-solar hybrid power generation project in India. In an official statement, Adani Green has announced that its subsidiary Adani Hybrid Energy Jaisalmer One Limited (AHEJOL) has commissioned a 390 MW wind-solar hybrid power plant in Rajasthan. Wind Solar Hybrid projects are widely […] Read more
IKEA Geared Up To Enter Into US Residences With Solar Updated On Fri, May 27th, 2022 by Saurenergy IKEA will deploy residential solar systems in the United States this fall competing with Tesla in the future. IKEA will partner with US residential energy service provider SunPower Corporation to launch the Home Solar programme, which will first be introduced in the centre of US residential solar energy, California, which accounts for 40% of the […] Read more
EU’s New Energy Plans Include Mandatory Solar Panels On New Buildings Updated On Fri, May 27th, 2022 by Saurenergy The European Union has recently decided to rapidly end its reliance on Russian oil and gas by making it mandatory for all new buildings to have solar panels. A news report published last week quoted the European Commission as saying, “There is a double urgency to transform Europe’s energy system: ending the EU’s dependence on […] Read more
Surat Municipal Body Saves Rs 65 Cr, Thanks To Renewable Power Updated On Thu, May 26th, 2022 by Saurenergy Setting up an example as to how renewable energy can help the government to save on its scarce revenue, Surat Municipal Corporation (SMC) in Gujarat has saved Rs 65 crore by the optimal use of solar power. The SMC has solarized as many as 60 of its offices in multiple departments with solar power panels. […] Read more
Maharashtra, ReNew Power Sign Rs 50,000 Crore RE MoU In Davos Updated On Wed, May 25th, 2022 by Saurenergy The Maharashtra energy department and ReNew power, one of India’s leading renewable energy companies, signed an MoU of Rs 50,000 crore in Davos on May 24 for investments in renewable energy in the state for the next six to seven years. Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) Managing Director Vijay Singhal signed the MoU […] Read more
GoodLeap Securitizes $467 Million Residential Solar Loan Updated On Tue, May 24th, 2022 by Saurenergy Leading American Solar loan provider GoodLeap (formerly Loanpal), announced on May 23 the closure of GoodLeap Sustainable Home Solutions Trust 2022-2 following the securitisation of residential solar loans worth $467 million to approximately 11,000 homeowners. Originated on the GoodLeap platform, the securitization was underwritten by Credit Suisse and Goldman Sachs. Tanguy Serra, GoodLeap’s President and […] Read more
High Power Bifacial Module Project Debuts At Excel Ceramics In Jamnagar, Powered by GoodWe Updated On Mon, May 23rd, 2022 by Saurenergy Jamnagar has got the first of what should be many upcoming Bifacial powered solar plants. Bifacials have had a slow start in India due to cost issues, are are widely becoming the preferred option in developed markets like Australia, the US and even China, especially in segments where productivity is valued at a premium. With […] Read more
Servotech Power Systems Ltd. Announces Results for FY22, Revenue rises 64% from FY21 Updated On Mon, May 23rd, 2022 by Saurenergy Servotech Power Systems Ltd. (NSE: SERVOTECH), a prominent manufacturer of Solar, LED, medical-grade, and electric vehicle (EV) charging solutions, presented its annual financial results for the year ended March 31, 2022 at its Board of Directors meeting on May 20, 2022. Servotech Power Systems Ltd. bagged an annual revenue of Rs. 14,425 lacs as against […] Read more
NTPC commissions 35 MW Floating Solar Project in Kayamkulam Updated On Mon, May 23rd, 2022 by Saurenergy State owned power producer NTPC has announced that consequent upon successful commissioning, second part capacity of 35 MW out of 92 MW Kayamkulam Floating Solar PV Project at Kayamkulam, Kerala, is declared on commercial operation w.e.f. 06:00 Hrs. of 19 May 2022. As per the announcement, the first part capacity of 22 MW was already […] Read more