CrossBoundary Gets $25 Million For Solar Power Mini-Grids Expansion In Africa Updated On Fri, Jun 17th, 2022 by Saurenergy Kenya based CrossBoundary Energy Access (CBEA) has announced that it has raised $25 million funding from different investors – ARCH Emerging Markets Partners Limited, Bank of America, and Microsoft Climate Innovation Fund. The new investment will also garner an additional $25 million in senior debt for the deployment of $50 million of capital that will […] Read more
Tata Power Commissions 450 MW DC Project For Brookfield Renewable In Rajasthan Updated On Wed, Jun 8th, 2022 by Saurenergy India’s largest integrated solar company, Tata Power Solar has commissioned a 450 MW DC capacity solar pant for Brookfield Renewable India. The installation entails set up of over 800,000 modules and was completed within record 7 months’ timeframe. The project will produce over 800 GWh of clean energy annually. Commenting on the project commissioning, Dr. […] Read more
Industry Hails New Open Access Rules, Hopes For Turbocharged Solar Growth Updated On Wed, Jun 8th, 2022 by Saurenergy The notification of the Electricity (Promoting Renewable Energy through Green Open Access) Rules 2022 or the Green Open Access Rules as the industry is calling it, has easily been the biggest policy move for the sector this quarter. A quick perusal of the messages of welcome indicate that optimism rules high, and the Corporate and […] Read more
US Buckles Under Industry Pressure, Suspends Tariff Threat On SE Asia Solar Imports For Two Years Updated On Wed, Jun 8th, 2022 by Saurenergy The White House said on Monday(06/06/2022) that tariffs on solar panel imports from four Southeast Asian countries would be suspended for two years as part of measures to address “the urgent challenge of a changing climate” — but left China out of the deal. SaurEnergy had reported on the probability of the decision earlier on […] Read more
RE Success Could Have Prevented Frequent Power Cuts In AP Updated On Mon, Jun 6th, 2022 by Saurenergy Andhra Pradesh could have averted the power crisis over the last few months had it met its renewable energy targets. This was the finding of a report from Climate Risks Horizons, a Bengaluru based Thinktank. AP experienced more power cuts than other states in India facing a power crisis. According to the report from Climate […] Read more
SECI Extends Commissioning Date For UPC backed Masaya Solar Project Updated On Fri, Jun 3rd, 2022 by Saurenergy The Central Electrical Regulatory Commission ordered petitioner Masaya Solar Energy Private Limited on May 30 to withdraw its petition when Solar Energy Corporation of India Ltd (SECI) submitted before the CERC the rescheduled commissioning of a project as prayed by the petitioner. A bench of three judges under chairmanship of IS Jha heard the matter. […] Read more
Disruption In Supply Chain Doubles Downtime Days For Solar Developers Updated On Mon, May 30th, 2022 by Saurenergy Disruption in supply chain has reversed the downward trend in average business interruption (BI) claims for renewables developers, according to a report attributing the disruption in supply to surge in energy prices and the COVID-19 pandemic. The average number of downtime days has nearly doubled in the solar sector globally, surging beyond the renewable sector-wide […] Read more
Solar Developers, Telangana Discom Dispute Referred Back to State Regulator By APTEL Updated On Mon, May 30th, 2022 by Saurenergy In a dispute involving policy and payments for power injected into the transmission system by Solar power developers in Telangana, APTEL has taken the considered view that the State Power Regulator should reconsider its earlier decision and order on the issue, to ensure clarity in the order and for the long term. Urging the state […] Read more
Statkraft Commissions 76WM Nellai Solar Project; Its First In India Updated On Mon, May 30th, 2022 by Saurenergy Norwegian Renewable energy player Statkraft has announced the commissioning of its first solar power project of a large scale in India. It has brought live a 76 megawatt (MW) Nellai solar installation at Ettanakulam in Tirunelveli district of Tamil Nadu. Statkraft is already the leading player in renewable energy in Europe and has an ambition […] Read more