Q Cells Invests Into Solar Storage Firm Amped Solutions in North America Updated On Tue, Aug 31st, 2021 by Saurenergy Q Cells North America, which is among the market leaders in the US market with its range of solar modules and cells, has made an undisclosed investment into a portfolio of solar-plus-storage projects of Amped Solutions in California. This deal had been structured to help Amped Solutions reduce project risks and upgrade its systems. For […] Read more
Tripura Joins The List for Rooftop Solar Additions in 2021-22 With 1 MW tender Updated On Tue, Aug 31st, 2021 by Saurenergy North Eastern state of Tripura has also stepped up efforts to add solar capacity with a fresh tender for residential rooftop solar. The region has seen low solar progress until now, with the largest state Assam the only one with a solar project of over 50 MW, in the form of the upcoming 70 MW […] Read more
SECI Discovers Rs 2.34 Price In 1200 MW Solar Wind Hybrid Auction Updated On Tue, Aug 24th, 2021 by Saurenergy NTPC Limited, NLC India, Mission Ten Renewable Energy (Ayana Renewable Energy), and Azure Energy emerged as the winners in the Solar Energy Corporation of India’s (SECI) auction for 1,200 MW solar-wind hybrid projects (Tranche-IV) related to the Interstate Transmission System (ISTS). The final winning bid was at Rs 2.34/unit. Bids by other majors like ReNew […] Read more
Will Concentrated Solar Power be Reborn? Report Says Yes Updated On Thu, Aug 19th, 2021 by Saurenergy Concentrated Solar Power (CSP), which has lain moribund for a decade, is about to be reborn, according to a new report from Rethink Technology Research, with global capacity to increase several times over by 2030. The study expects CSP to claim its place serving power grids, green hydrogen complexes, and industrial process heat in California, […] Read more
Green Bonds Worth $3.6 B Issued by Indian RE Developers in H1 2021 Updated On Thu, Aug 19th, 2021 by Saurenergy According to a study released by CEEW-CEF, Indian renewable energy developers issued green bonds worth INR 26,300 crore (USD 3.6 billion) in the first half of 2021 alone, beating even previous one-year records. The CEEW Centre for Energy Finance (CEEW-CEF) is an initiative of the Council on Energy, Environment and Water (CEEW), one of Asia’s […] Read more
Maharashtra Renewable Plans Back On Track, Powered By Lower Costs Updated On Thu, Aug 19th, 2021 by Saurenergy 2021 has been a good year so far, for renewable energy growth in Maharashtra, with the primary state discom, Maharashtra State Electricity Distribution Company Limited (MSEDCL) finally happy with the bids it received for its recent tenders. With prices dropping to as low as Rs 2.42 for its last solar tender, besides Rs 2.62 for […] Read more
APTEL Sets Aside KERC Order, Restores Benefit To Solar Developer Updated On Tue, Aug 17th, 2021 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has ruled in favour of a small solar power developer, Hunsankodilli Solar Power Project LL.P (developer) that has set up a 3 MW solar plant in Karnataka. The ruling follows a similar one declared early in August where the apex authority had taken a similar view. The developer had […] Read more
Sterling and Wilson Solar Q1 Results. Underwhelming Updated On Mon, Aug 16th, 2021 by Saurenergy Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), one of the leading solar EPC and O&M solutions provider, announced its unaudited financial results for the quarter ended 30th June 2021. The Company’s consolidated revenue from operations for Q1FY22 stood at Rs. 1,195 crore and adjusted gross margins stood at Rs 28 […] Read more
APTEL Swayed By Solar Developer’s Appeal Of Financial Distress Updated On Fri, Aug 13th, 2021 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has issued a new order in favour of Sahasradhara Energy Private Limited, allowing the interim financial relief sought by the developer that the Uttar Pradesh New and Renewable Energy Development Agency (UPNREDA), Uttar Pradesh Electricity Regulatory Commission (UPERC), and Uttar Pradesh Power Corporation Ltd (UPPCL) had aggressively opposed. In 2015, […] Read more
