Capri Global, Credit Fair Partner To Offer Solar Finance For MSMEs Updated On Wed, Oct 16th, 2024 by Saurenergy Mumbai-based non-banking financial company (NBFC) Capri Global Capital Ltd (Capri Loans) launched its rooftop solar finance product under the Micro, Small and Medium Enterprises (MSME) Loans. The creditor will help individuals and businesses harness solar energy for self-use. Capri Solar Finance offers financing solution with no collateral, and minimal documentation, it said. The company claims […] Read more
TOYO Announces Plans For 2 GW Solar Cell Manufacturing Facility Updated On Tue, Oct 15th, 2024 by Saurenergy NASDAQ-listed solar company TOYO Co. Ltd has announced its plan to establish a solar cell manufacturing facility with an expected annual capacity of 2 Gigawatts (GW). The company has signed a lease agreement for the new facility that is strategically located in Hawassa, Ethiopia, taking advantage of the country’s favorable investment policies, tariff status, and […] Read more
Solar-Storage Can Avert India’s 40 GW Power Shortage By 2027: Berkeley Updated On Mon, Oct 14th, 2024 by Saurenergy India is projected to face a power shortage of 20-40 GW in the evenings by 2027 due to the rapid increase in electricity demand, according to a report by Berkeley. However, this shortfall could become more manageable, considering the significant drop in the prices of gigawatt-scale solar and storage. Recent solar-plus-storage auction results recorded a […] Read more
Renewable Fuels: A Powerful Ally in Decarbonisation, Yet Challenges Remain Updated On Fri, Oct 11th, 2024 by Saurenergy The global transition to renewable energy is no longer limited to the rapid deployment of solar and wind power. As the world advances toward a low-carbon future, renewable fuels such as bioenergy, hydrogen, and e-fuels are also playing a critical role in decarbonising sectors that are harder to electrify, such as transport, industry, and heating. […] Read more
The Rise of Solar Co-ops: Collective Action for Installation Initiatives Updated On Fri, Oct 11th, 2024 by Saurenergy By-Shreesh Chaturvedi India, now the world’s most populous country with 1.4 billion people, faces heightened energy demands due to its expanding population and robust economic growth. In response, the country has committed to reducing its carbon intensity by over 45% by 2030, achieving 50% of its total electric power capacity from renewable sources by 2030, […] Read more
Power Systems Engineer – Product Design Updated On Fri, Oct 11th, 2024 by Saurenergy Responsibilities:- Assist in the Core-level electrical design for Fluence’s grid-scale battery energy storage (BESS) products, focusing on developing safe, flexible, maintainable, and cost-competitive hardware designs. Support the development of Core electrical designs for multi-MW energy storage systems, including the integration of battery, power conversion, medium voltage transformers, controls hardware, communication, auxiliary power, and safety equipment […] Read more
PM Surya Ghar Adds Service Charges Under Rooftop Solar Updated On Thu, Oct 10th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) recently clarified the provision of a ‘Service Charge’ added under the Operational Guidelines for the PM Surya Ghar Muft Bijli Yojna. The MNRE included a service charge equivalent to 1% of the Central Financial Assistance (CFA) component for residential consumers, amounting to Rs. 657 crores. The MNRE […] Read more
CMPDI Invites Bids for 5 MW Floating Solar Project in West Bengal Updated On Wed, Oct 9th, 2024 by Saurenergy Central Mine Planning & Design Institute (CMPDI), a unit of Coal India, has floated an e-tender for a 5 MW grid-connected floating solar power project. The project will be developed at the Quarry Sump of Dalmia Open Cast Project (OCP) in Salanpur Area of Eastern Coalfields, West Bengal. As per the tender, the developer is […] Read more
NHPC Opens Bids To Develop 1.2 GW Solar Projects Across India Updated On Wed, Oct 9th, 2024 by Saurenergy NHPC, a PSU Navratna hydropower company released a tender to select solar power generators (SPGs) to set up 1.2 GW ISTS-connected solar power projects, with green shoe options upto 1200 MW. The tender sets November 4th, 2024 as the last date for bid submission. The tender said, “The minimum project size will be 50 MW […] Read more
