Q2: US Residential Solar Adds 1.1 GW, Lowest Growth in Three Years Updated On Wed, Sep 11th, 2024 by Saurenergy United States (US) solar module manufacturing capacity now exceeds 31 gigawatts (GW). Solar manufacturing received nearly a four-fold increase since the Inflation Reduction Act (IRA) became law in 2022. According to the US Solar Market Insight Q3 2024 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, federal clean energy policies […] Read more
Trinasolar Gets €150 Mn Credit Facility To Support IPP Transition Updated On Wed, Sep 11th, 2024 by Saurenergy Trinasolar (Luxembourg) Holdings S.A.R.L., a subsidiary of Trina Solar Co., Ltd., has secured a €150 million revolving credit facility from Banco Santander to accelerate the growth of its downstream division, Trinasolar International System Business Unit (ISBU). The company now plans to focus on the development of utility-scale solar power and battery storage projects with this […] Read more
MNRE Proposes RESCO, Aggregation Model To Boost Rooftop Solar Updated On Wed, Sep 11th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released draft guidelines aimed at boosting the growth of the residential rooftop solar segment. According to the draft plan, rooftop solar systems can be installed on consumers’ rooftops without requiring any initial capital investment. The ministry has asked the public and the stakeholders concerned to send […] Read more
Indian Solar Cell Market Expands As Tata Power Adds 2 GW Cell Making To Mix Updated On Tue, Sep 10th, 2024 by Saurenergy With the successful commissioning of the first 2 GWs of Tata Power’s solar cell manufacturing unit at Tirunelveli in Tamil Nadu, the firm has joined the league of the top cell making firms as well. Under Tata Power Solar, which is a cell and module manufacturing company and a subsidiary of Tata Power Renewable Energy […] Read more
Oriana Power Gets 128 MW Solar Project In Tamil Nadu Updated On Mon, Sep 9th, 2024 by Saurenergy Oriana Power Limited subsidiary, TrueRE Surya Private Limited, today received a contract from Dalmia Cement (Bharat) Limited, (DCBL), a subsidiary of Dalmia Bharat Limited in Tamil Nadu. Under the contract, Oriana Power will build and operate up to 128 MW ground-mounted solar power plant in the state. This project falls under the open-access captive solar […] Read more
APTEL Sets Aside HERC Ruling, Awards Right To Sell Solar Power At Rs 5.68/unit Updated On Mon, Sep 9th, 2024 by Saurenergy The Appellate Tribunal For Electricity (APTEL), in a key judgement involving the Haryana Electricity Regulatory Commission (HERC), the Haryana Power Purchase Centre and some individual petitioners, issued an order setting aside the decision of HERC. In its order, the APTEL bench directed the HPPC to enter into a PPA to purchase power at the rate […] Read more
SolarX Startup Challenge 2024: ISA Enlists 10 Winners From India Updated On Mon, Sep 9th, 2024 by Saurenergy The International Solar Alliance (ISA) has now announced the winners of the SolarX Startup Challenge 2024: APAC edition during the International Solar Festival held at the Bharat Mandapam in New Delhi. Among the enlisted winners, 10 companies are from India. The SolarX Startup Challenge 2024: APAC saw a strong response, with over 270 solar entrepreneurs […] Read more
Enhancing Solar Quality: Key Insights and Recommendations from Kiwa Updated On Sun, Sep 8th, 2024 by Saurenergy Energy transition is being prioritised by economies around the world as a crucial step toward achieving net-zero targets. Among renewable energy sources, solar power is leading the charge and defining this new era of sustainable development. Both private and public entities are formulating policies to integrate solar energy into their growth strategies, and ongoing research […] Read more
Prozeal, Golyan Power Sign JV Pact For Solar Projects In Nepal Updated On Fri, Sep 6th, 2024 by Saurenergy Ahmedabad-based renewable energy company Prozeal Green Energy Limited, and Golyan Power Limited, a corporate group in Nepal, have signed a joint venture agreement for setting up solar power projects in the Himalayan nation. The JV aims to establish over 500 MW of rooftop and ground-mounted PV solar plants in the next 18 months across multiple […] Read more