Universal Solar To Open 600 MW PV Module Factory In Panama Updated On Thu, Jul 28th, 2022 by Saurenergy Large scale solar energy player Universal Solar has announced that it is in the process of opening a solar photovoltaic (PV) module manufacturing facility in Panama to supply U.S. and global solar developers and installers, and address challenges in the solar industry. The announcement was made by Chief Executive Officer (CEO) and Founder John Bereckis. […] Read more
APTEL Provides Relief To CSP Developers On Force Majeure Grounds Updated On Wed, Jul 27th, 2022 by Saurenergy In an important judgement that will hopefully close the chapter on a festering dispute, the Appellate Tribunal for Electricity (APTEL) has allowed multiple developers stuck with Concentrated Solar Thermal (CSP) projects to get relief from liabilities, caused due to lower DNI (Direct Natural Irradiance) than they had assumed when bidding. The developers impacted include Godavari […] Read more
With 90% Growth In PAT In Q1 FY23, Tata Power Rides 48% Jump In Revenues Updated On Tue, Jul 26th, 2022 by Saurenergy One of India’s largest integrated power companies, Tata Power has today announced its results for Q1FY23 reporting a 90% YoY increase in consolidated quarterly PAT as compared to Q1FY22, registering its 11th consecutive year-on-year quarterly growth in PAT. Quarterly Highlights – Q1FY23 Tata Power’s consolidated PAT before Exceptional Items is up by 90% at ₹884 crore […] Read more
China’s Solar Power Installations Touch Record High Of 31 GW In First Half Of 2022 Updated On Fri, Jul 22nd, 2022 by Saurenergy Installing solar power projects at breakneck speed, China built nearly 31 GW from January to June 2022. This is 137% more than last year during the same period. This trend, unless stopped midway, is extrapolated to clock between 75 GW and 90 GW by the end of this year. According to Wang Bohua, the honorary […] Read more
Customer Success Manager – Solar Projects Updated On Mon, Jul 18th, 2022 by Saurenergy Candidate shall be responsible for day-to-day liaison with project owners of the Solar Parks and various government authorities for Joint Meter Reading (JMR), Invoice preparations, submission to the concerned office and getting credit adjustment from concerned DISCOMs in Maharashtra. Candidate shall also be responsible as an asset manager for project owners in Solar Parks for […] Read more
CEA Records 3.7 GW Solar Additions In Q1, But Higher Risks Loom Ahead Updated On Mon, Jul 18th, 2022 by Saurenergy After recording over 4659 MW of solar capacity additions in Q4, driven largely by a burst of additions in March this year at 3.2 GW, solar capacity additions have slowed down in the new financial year. According to the figures from the Central Electricity Authority (CEA), fresh capacity in Apr-June quarter was at just over […] Read more
Statkraft Backs Solar Park with 5- year PPA Updated On Fri, Jul 15th, 2022 by Saurenergy Europe’s leading renewable energy player, Norwegian firm Statkraft, has signed a 5-year power purchase agreement (PPA) for the Strasen Solar Park. The Norwegian energy company is thus supporting the construction and operation of the 30 MW solar park. According to the official statement of Statkraft, the solar parkwill operate entirely without EEG subsidies and is […] Read more
NTPC Floats Tender For O&M Of Up To 50 MW Solar Projects Updated On Wed, Jul 13th, 2022 by Saurenergy India’s largest power producer, state-owned NTPC has floated a tender inviting bids from the prospective vendors to operate and maintain up to 50 MW solar projects. Operation and maintenance has been defined in the floated tender as prevention of breakdown, maintenance following a breakdown and overhauls extending to normal housekeeping, cleaning etc. The NTPC will […] Read more
Kerala Regulator Gives Nod To Reduced Tariff On Procurement Of Solar Power Updated On Thu, Jul 7th, 2022 by Saurenergy The Kerala State Electricity Board (KSEB) has received the nod of the Kerala State Electricity Regulatory Commission (KSERC) towards the procurement of 90 MW of solar power for 25 years at a reduced tariff of Rs 2.77 kWh from NTPC. The Commission gave its approval to KSEB to finalise the PPA at the lower tariff. […] Read more
