Solis to Raise $100 M and Double Production Capacity to 20 GW Updated On Fri, May 15th, 2020 by Saurenergy Ginlong Technologies (Solis), a global leader in photovoltaic string inverter manufacturing, has announced its plans to raise over USD 100 million Ginlong Technologies (Solis), a global leader in photovoltaic string inverter manufacturing, has announced its plans to raise over USD 100 million (~700 million Chinese Yuan), through a non-public offering to finance the expansion of […] Read more
2020-When Energy Storage Got Serious in India Updated On Fri, May 15th, 2020 by Saurenergy The recent win for Renew Power in the round the clock power tender for 400 MW at Rs 2.90 kWh marked a huge turning point for storage in India too. For one, the renewable+ storage combination as a way to get power at all hours possibly, and at scale, is no longer a possibility that […] Read more
Discoms to get Loans at low Rates to pay Back Gencos: RK Singh Updated On Fri, May 15th, 2020 by Saurenergy Discoms will be offered loans at cheaper rates by state-owned power sector financing companies for clearing their dues towards Gencos, RK Singh has said. Financially stressed Discoms will be offered loans at cheaper rates of 8.5 to 9 percent for a 10-year period by state-owned power sector financing companies PFC and REC for clearing their dues towards power generation companies (Gencos), Power and Renewable Energy Minister RK Singh […] Read more
Discoms’ Liquidity Infusion via Loan Positive for Gencos, But Losses to Shoot Up by Rs 270 Bn in FY21: ICRA Updated On Thu, May 14th, 2020 by Saurenergy Government’s Rs 900 billion liquidity support under Atmanirbhar Bharat package for state power distribution utilities (Discoms) is a much welcome measure, said ICRA a leading credit rating agency. However, this liquidity infusion in Discoms will be in the form of loans against receivables, from major power sector lenders Power Financial Corporation (PFC) and Rural Electrification […] Read more
Former Union Secretary of MORTH Vijay Chhibber Appointed as EPTA’s Director General Updated On Thu, May 14th, 2020 by Saurenergy The Electric Power Transmission Association (EPTA) has appointed Vijay Chhibber, former Union Secretary of MORTH, as its new Director General with effect from April 08, 2020. In his new role, Chhibber will be primarily responsible for engaging with stakeholders to further the goal of reliable 24×7 power supply through development of least-cost transmission system […] Read more
Lithium Ion To Stay Numero Uno Option for Storage, Say Researchers Updated On Wed, May 13th, 2020 by Saurenergy A recent three day meeting between researchers from Germany and Israel has concluded that lithium-ion batteries will continue to rule in the storage space in the near future. Redox flow storage, which has made strides recently, did find a mention for its potential, especially in stationary applications. However, price for Redox flow storage remains a […] Read more
Ameresco Partners with New Hampshire on Energy Savings Performance Contract Updated On Tue, May 12th, 2020 by Saurenergy Ameresco is partnering with the State of New Hampshire for undertaking energy conservation measures at over 20 state facilities Ameresco, a leading energy efficiency and renewable energy company, has announced that it is partnering with the State of New Hampshire on an energy savings performance contract (ESPC) that will allow for energy conservation measures at […] Read more
Seraphim Signs Agreement to Supply 183 MW Modules to Philippines Updated On Mon, May 11th, 2020 by Saurenergy Seraphim has announced that it has signed an agreement with ERS Energy to deliver 183 MW of high-efficiency solar modules for projects in the Philippines Jiangsu Seraphim Solar System (Seraphim), one of the world’s leading solar module manufacturers, recently announced that it has signed an agreement with ERS Energy Sdn Bhd to deliver 183 megawatts […] Read more
JNCASR Researchers Invent Economical, Energy-Efficient Wafer-Scale Photodetector Updated On Thu, May 7th, 2020 by Saurenergy The researchers from Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR), a multidisciplinary research institute, have invented a cost-efficient and energy-efficient wafer-scale photodetector, which is capable of detecting weak scattered light. This is a thin slice-based photodetector, which uses gold – silicon interface, designed mainly for security applications, to track unwanted activity. This research of […] Read more
