Free Solar Panels Become An Issue In Mexico politics Updated On Mon, May 2nd, 2022 by Saurenergy Installation of solar panels for free onto residences has become a subject of confrontation and debate between the Mexico’s ruling party of President Andres Manuel Lopez Obrador and Marko Cortes, leader of the center-right National Action Party (PAN) since Sunday when the latter argued in favour of the proposal staking out its renewable energy credentials. […] Read more
Jinko Solar Q1 Results Report 8.4 GW of Shipments, Up 56% YoY Updated On Mon, May 2nd, 2022 by Saurenergy Module major Jinko Solar has announced its Q1 results, and as expected, the results are a major jump over the corresponding period last year. Total revenues were RMB 14.76 billion ($2.24 billion), a growth of 86% year-on-year (YoY). Gross profit came in at RMB 2.23 billion ($338.6 million), a 64% YoY increase even as it […] Read more
Indonesian Anantara Joins the List of Singapore’s Renewable Energy Suppliers Updated On Mon, May 2nd, 2022 by Saurenergy Indonesia based Anantara Energy Holdings Pte Ltd, a new JV between local solar power producer Quantum Power Asia and German renewable energy firm ib vogt GmbH, plans to export electricity to Singapore. The JV will see an investment to the tune of USD 5 billion (EUR 4.64bn) in the project, building a solar park of […] Read more
Odisha Continues To Take Small Steps Towards Renewables, Adds Solar Panels in schools Updated On Mon, May 2nd, 2022 by Saurenergy The Odisha Government is making strides in the realm of solar power development that is bringing multidimensional changes in the everyday life of the people. In a fresh instance, the Chief Secretary of the state, SC Mohapatra, has unveiled a solar power system in a government high school in Ganjam district’s Narayanpatna area. There would […] Read more
TANGEDCO To Add 3 MW Solar Power Under PM-KUSUM Scheme Updated On Mon, May 2nd, 2022 by Saurenergy The Tamil Nadu Electricity Regulatory Commission(TNERC) has allowed the Tamil Nadu Generation and Distribution Corporation Ltd (Tangedco) to procure solar power with a combined capacity of 3 MW generated by two farmers in the state. The solar power will be purchased at a tariff of Rs 2.99 per unit, under Component – A of the […] Read more
Shell Signs Agreement To Acquire Sprng Energy Group For $1.55 Billion Updated On Fri, Apr 29th, 2022 by Saurenergy Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies. Sprng Energy supplies solar and wind power to electricity distribution companies in India. Its […] Read more
Solar Delivered 15% Of 201 GW Peak Demand On April 26 Updated On Fri, Apr 29th, 2022 by Saurenergy Renewable energy has come to the rescue during the ongoing power crisis triggered by surging demand amid the heat wave condition in the country, especially when the peak electricity supply hit the record level of 201.06 GW earlier this week, a senior official said on Thursday. The maximum pan-India power demand met or the highest […] Read more
80 MW Al Jomaih solar project in Gujarat bags ₹4 B loan from ADB Updated On Fri, Apr 29th, 2022 by Saurenergy The 80 MW AJ Solar Power Project, situated in Gujarat, has been granted a Rs 4,063 million loan by the Asian Development Bank (ADB) for environmentally sustainable growth and inclusive economic progress. The project is being sponsored by Al Jomaih Energy and Water Company, which emerged as a winner in the 500 MW solar auction […] Read more
Jakson Group wins bid for O&M of NTPC Bhadla Solar Power Plant Updated On Fri, Apr 29th, 2022 by Saurenergy To strengthen its legacy as an energy solution provider, Jakson Group, one of the India’s fastest-growing energy companies, won a bid for comprehensive Operation and Maintenance (O&M) for 260 MW Bhadla Solar PV Plant located at Bhadla Solar Park in BAP, Rajasthan. Jakson Group will have the responsibility to continuously monitor the site for all […] Read more