Azure Power Announces Suspension of SEC Reporting Obligations Updated On Fri, Apr 5th, 2024 by Saurenergy Renewable energy developer Azure Power Global Limited, which has most of it’s portfolio kf projects in India, has confirmed that the Company’s US Securities and Exchange Commission (“SEC”) reporting obligations under Section 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act), were suspended on April 1, 2024. On October 31, 2023, […] Read more
EU Investigates Distortive Practices By Chinese Solar Companies In Foreign Subsidy Updated On Thu, Apr 4th, 2024 by Saurenergy European Commission has initiated two in-depth investigations under the Foreign Subsidies Regulation (FSR) related to the potential distortive role of foreign subsidies given to bidders in a public procurement procedure. In the investigation, the commission will assess whether the economic operators concerned did benefit from an unfair advantage to win public contracts in the EU. […] Read more
Top 5 Solar Module Exporting Countries To The US Updated On Thu, Apr 4th, 2024 by Saurenergy Much seems to happening in the United States (US) when it comes to the addition and expansion of solar projects in the region. As per the latest forecast from the International Energy Agency (IEA), the US is likely to add 340 GW of renewable energy capacities over 2023-2028. The forecast from the IEA claims that […] Read more
The China Effect- 5 Global Solar Manufacturing Plans Hit By The Solar Price Slump Updated On Thu, Apr 4th, 2024 by Saurenergy As the call for clean energy grows, solar plants and plans to manufacture solar equipment have garnered the limelight across the world. But the recent trend of dropping prices, thanks largely to the massive production glut in China, has put paid to many such plans. This oversupply across the solar supply chain, that started first […] Read more
Husk Power Plans To Commission More Mini-Grids In India: William Brent (CMO) Updated On Thu, Apr 4th, 2024 by Saurenergy How did the journey of Husk Power Systems start? Husk Power’s journey started around 2008 with its co-founder, Manoj Sinha, and other like-minded people from Bihar. At that time, rural electrification was a major issue in India and states like Bihar. Husk came into the picture to ensure that the unserved communities in those areas […] Read more
Recurrent Energy Secures €110 Million Green Loan Facility From International Banks Updated On Thu, Apr 4th, 2024 by Saurenergy Recurrent Energy, a subsidiary of Canadian Solar Inc. and owner of solar and energy storage assets, today announced that it has secured a multi-currency facility of up to (€110 million) $120 million from a group of international banks led by Investec Bank Plc. According to Recurrent Energy, the facility consists of a €55 million term […] Read more
South Africa’s Solar Adoption Gathers Pace, But Challenges Remain Updated On Thu, Apr 4th, 2024 by Saurenergy South Africa has long been plagued by an energy crisis now. This has led to a situation where the nation faces rolling blackouts or load shedding as it has been called, for the past decade and more. It says something for the state of the power sector that a challenge that was predicted well over […] Read more
Alpex Solar To Set Up Second Panel Manufacturing Facility In Mathura Updated On Thu, Apr 4th, 2024 by Saurenergy Noida-based Alpex Solar will be setting up its second solar panel manufacturing facility in Mathura, Uttar Pradesh. The company said it has got the approval from Uttar Pradesh State Industrial Development Authority (UPSIDA) to secure 7 acres of land in Mathura for which the payment will be done soon. According to Alpex Solar, the firm […] Read more
NTPC-REL Invites Bids For 500 MW Solar Project In Rajasthan Updated On Wed, Apr 3rd, 2024 by Saurenergy NTPC Renewable Energy Limited (REL) a wholly owned subsidiary of NTPC Limited invited bids for the balance of the system package of a 500MW state transmission utility (STU) connected solar PV project in Bhadla, Rajasthan. NTPC Renewable Energy Limited (NTPC REL) invited online bids from eligible bidders on single-stage two envelopes (i.e. Envelope-I: Techno-Commercial Bid […] Read more
