Tata Power Solar Systems Bags Rs. 188 Crore EPC Contract From NHPC Updated On Wed, May 26th, 2021 by Saurenergy NHPC, an Indian government hydropower board under the ownership of Ministry of Power, announced yesterday its placement of an order amounting to Rs 188.19 crore with Tata Power Solar Systems Ltd, a Mumbai-headquartered solar energy services provider, to set up a 40 MW solar power project at Ganjam, in Odisha. Tata Power Solar, a wholly-owned […] Read more
IREDA Opens Applications for Solar Module Manufacturing under PLI Updated On Wed, May 26th, 2021 by Saurenergy Indian Renewable Energy Development Agency (IREDA) yesterday invited applications for setting up manufacturing capacities for vertically integrated high-efficiency solar photovoltaic modules under the production-linked incentive (PLI) scheme. The agency will accept applications till June 30, 2021 and it will open bids on 1 July 2021. The PLI scheme, which aims to further domestic manufacturing of high-efficiency […] Read more
Axpo Italia to buy 12 MWp from Canadian Solar’s upcoming Italian units Updated On Tue, May 25th, 2021 by Saurenergy Guelph-headquartered solar PV modules manufacturer Canadian Solar Inc. today announced its signing of a long-term power purchase agreement (PPA) with Axpo Italia for the purchase of energy produced by two solar power plants under development totalling 12 MWp near Ragusa and Enna, in Sicily, Italy. Axpo Italia is the third largest operator in the free energy […] Read more
GOGLA Report 2020: ‘Slow, Uneven Recovery of Off-grid Solar Industry’ Updated On Tue, May 25th, 2021 by Saurenergy The recently released July-December 2020 edition of the Global Off-Grid Solar Market Report analyses off-grid solar lighting sales trends during a 6-month period in East Africa, West Africa, Central Africa, South Asia, East Asia, and the Pacific, amid the current global pandemic. It finds that the off-grid industry is showing early signs of a slow […] Read more
Aurora Solar Raises $250 Million to Digitize Solar Installations Updated On Tue, May 25th, 2021 by Saurenergy Funding Round Led by Coatue Signals Market Interest in the Growing Solar Industry Aurora Solar, the industry’s leading software platform for solar sales and design, today announced it has closed a $250 million Series C funding round led by Coatue, with follow-on participation from existing investors ICONIQ Capital, Energize Ventures, and Fifth Wall. In just over two years, Aurora […] Read more
CERC Shunts SP Infra Plea On Rihand Floating Solar UPERC’s Way, Citing Jurisdiction Updated On Tue, May 25th, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC), in an order that will hopefully show the way to many similar pleas, has refuse to consider a plea by Rihand Floating Solar Private Limited regarding return of its bank guarantees for the said project from SECI. Rihand Floating Solar is a special purpose vehicle set up by Shapoorji […] Read more
Trina Solar To Deliver 550W Vertex Modules To North America Updated On Mon, May 24th, 2021 by Saurenergy Vietnam based solar and smart energy solutions provider, Trina Solar today announced the completion of the first batch of its 210mm diameter cells and 550W high-power Vertex modules in the company’s overseas factory in Thai Nguyen, Vietnam. The Thai Nguyen facility has successfully manufactured the first batch of Vertex 550W high-power modules that incorporate 210mm […] Read more
Hecate Energy Begins Construction Work on Solar Projects Worth 600 MW Updated On Mon, May 24th, 2021 by Saurenergy Hecate Energy announced today that construction has commenced on two solar projects totaling 600 megawatts. In Falls County, Texas, Hecate developed the solar and battery storage project, Roseland Solar, from inception and transferred it to the North American subsidiary of a European utility in March. In Highland County, Ohio, Hecate developed the New Market Solar project and transferred […] Read more
Canadian Solar Financial Results Q1 FY21 Out; 32% YoY Rise in Revenue Updated On Fri, May 21st, 2021 by Saurenergy Guelph-headquartered solar PV modules manufacturer Canadian Solar Inc. yesterday announced its financial results for the quarter ended March 31, 2021, reporting a 32% YoY increase in revenue and a net income of $23 million. In Q1 2021, the company’s solar module shipments were 3.1 GW, compared to guidance of 3.0 GW to 3.2 GW. Net revenue […] Read more
