Algeria Releases Solar Tender to Deploy 1 GW Capacity Updated On Wed, Jan 12th, 2022 by Saurenergy The Ministry of Energy Transition and Renewable Energy of Algeria has launched a tender for the deployment of 1 GW of solar capacity. The procurement exercise will be divided into lots ranging from 50 MW to 300 MW each. The developers can submit technical and financial offers by April 30, 2022. Algerian Renewable Energy Company (SHAEMS), […] Read more
Impax Partners with Bullfinch Asset to Invest in RE Projects in Germany Updated On Wed, Jan 12th, 2022 by Saurenergy Impax Asset Management has partnered with Bullfinch Asset to invest in decentralised clean energy projects in Germany. Impax said a fund it manages has become a shareholder in Bullfinch and has partnered with it to establish Greenfinch, the joint investment vehicle which will deploy capital in projects that enable locally generated energy and support decarbonisation […] Read more
APTEL Restores Tariff Of Rs 8.40/unit For Solar Developer In Karnataka Updated On Tue, Jan 11th, 2022 by Saurenergy In case involving a solar power developer, Vatsala Bellary Solar Projects Private Limited versus the Karnataka Electricity Regulatory Commission (KERC) and Bangalore Electricity Supply Company Limited (BESCOM), the Appellate Tribunal for Electricity (APTEL) has ruled to restore the original tariff of Rs 8.40/unit over the revised tariff of Rs 4.36/unit that KERC had imposed on […] Read more
N-type Solar Module Produces 5.26% more Power than P-type one: Report Updated On Tue, Jan 11th, 2022 by Saurenergy Latest research has found that the power generation capacity of the N-type solar module is 5.26% higher than that of the P-type module with the same dimension, on account of the former’s lower levelized cost of electricity (LCOE) and higher internal rate of return (IRR). According to a new report by technical service provider TÜV Nord, N-type technology […] Read more
SJVN Awarded LoI for 125MW Solar Projects in Uttar Pradesh Updated On Tue, Jan 11th, 2022 by Saurenergy SJVN Ltd advanced 2.81% to Rs 31.05 after the company bagged 125 MW grid connected solar power project in UP Solar Park in Uttar Pradesh, according to recent media reports. The company has been issued Letter of Intent (LoI) by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for building 75 MW grid […] Read more
Australian RE Agency Grants $40 M to Drive Ultra Low Cost Solar Updated On Tue, Jan 11th, 2022 by Saurenergy On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced up to $40 million in funding to support research and development (R&D) that aims to support the achievement of the Government’s ultra low cost solar stretch goal. The R&D funding round will build on ARENA’s previous R&D investment into solar […] Read more
U.S. Solar Platform for Shell Raises $775 M in New Equity Capital Updated On Mon, Jan 10th, 2022 by Saurenergy Nashville-based Silicon Ranch Corporation, an independent power producer in the U.S. and the American solar platform for Shell, has raised $775 million in new equity capital. The equity raise will support continued execution of Silicon Ranch’s business plan, including construction of its contracted pipeline and the acceleration of its customer-led growth strategy, by developing new […] Read more
KVG Bank, Bengaluru Firm to Provide Solar Pumps to Karnataka Farmers Updated On Mon, Jan 10th, 2022 by Saurenergy Karnataka Vikas Grameena Bank (KVG Bank) has signed a memorandum of understanding (MoU) with Bengaluru-based MECWIN Technologies Ltd to introduce farmer- friendly solar-powered pump sets through bank’s finance. KVGB general manager P Srinivas Rao and MECWIN Technologies co-founder Shivakumar H M signed the agreement in the presence of KVGB chairman P Gopi Krishna here on Saturday. […] Read more
These 5 Solar Projects In China Demonstrate It’s Leadership Like Little Else Updated On Mon, Jan 10th, 2022 by Saurenergy It is no secret that China has virtually built and led the global solar push in the past decade. Firms from the country today supply or control over 70% of global supplies in solar power. While these manufacturers continue to expand and are on track to churn out record profits this year, we take a […] Read more