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Nexamp Secures $400 Million for Community Solar in Six US States

Boston based national clean energy provider Nexamp has announced over $400 million in tax equity and debt commitments led by US Bancorp Impact Finance and Mitsubishi UFJ Finance Group (MUFG). The funds will support the creation of 49 solar power and battery storage projects in six US states. The renewable energy projects will come up […]

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PSPCL Issues Tender to Procure 1000 MW Solar Power

Punjab State Power Corporation Ltd. (PSPCL) has issued a tender for the procurement of 1000 MW of solar power via  competitive bidding. This will be followed by an e-reverse auction. The RfS is open to grid-connected solar photovoltaic power projects with a capacity of 5 MW and above, located anywhere in Punjab. The last date […]

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IISc Develops Novel Solar Powered Thermal Desalination System

Bengaluru’s Indian Institute of Science (IISc) has developed a solar energy based new thermal desalination system. The IISc researchers say it is energy-efficient, cost-effective and portable. These features make the solar thermal desalination system convenient for installation in remote areas that have no or limited electricity supplies providing clean drinking water to the inhabitants. The […]

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5 Solar Energy Myths That Need To Be Buried For Good

Despite the many benefits that solar energy offers, it continues to be shrouded in myth. However, in the recent past, particularly the last five years, solar has overcome challenges, and many myths, like few heralded energy sources before it. Saur Energy deflates the most common myths around solar. We hope these have not kept you […]

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SNEC Diary- Solar Shines Bright

At SNEC PV Power Expo 2023 in Shanghai, the show remained about the tremendous China story in the sector, with over 95% of 2,700 odd exhibitors from that country. This year, total indoor and outdoor halls were increased to 34, covering a total exhibition area of 270,000 square meters. Over 2,00,000 visitors made the trip […]

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MERC Notifies Generic Tariff for Rooftop Solar at Rs 3.05/unit

The Maharashtra Electricity Regulatory Commission (MERC), in its suo motu order, has notified the generic tariff for the net-meter consumers of Maharashtra at Rs 3.05/unit for 2023-24. The Commission said that the solar rooftop prosumers using net meters can now sell their surplus solar energy to the local discoms at the latest tariff. The latest tariff […]

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Pharma Firm Sami-Sabinsa Procures Solar Power for Karnataka Operations from O2 Power

Pharma player Sami-Sabinsa Group has signed a long-term mutual agreement with clean energy major O2 Renewable Energy for the purchase of 150 million units (MU) of renewable power over a 25-year period. Sami-Sabinsa is a research-oriented firm that uses sustainable nutraceutical/ cosmeceutical ingredients. O2 Renewable Energy is a subsidiary of Singapore-based renewable energy developer O2 […]

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