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
NHPC 1.2 GW Solar Bid Garners A Tariff Of Rs 2.56/unit Updated On Tue, Sep 10th, 2024 by Saurenergy NHPC Limited recently concluded the auctions for its 1.2 GW solar tender, announcing six winners for the project. These winners are Onward Solar, Rays Power Infra Limited, Essar Renewables, Mahindra Susten, and Avaada Group. The allocated capacities are as follows: Onward Solar was allocated 50 MW at Rs. 2.56 per unit, while Jevargi Solar (Rays […] 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
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
candi solar Aims To Touch 200 MW Capacity In India By FY25: Nishant Sood Updated On Mon, Sep 9th, 2024 by Saurenergy How a solar company from Switzerland planned to invest in India? The main purpose of candi solar our company was to provide access to solar energy to industries, commercial entities, and any business entity that otherwise couldn’t access it. When we began our operations in India, around six years ago, PPA contracts were complex—70 pages […] Read more
ISA, Africa50 Plan To Invest $200 Mn In Africa Solar Facility Updated On Fri, Sep 6th, 2024 by Saurenergy The International Solar Alliance (ISA), recently sought public expressions of interest (EOI) from entities to become investment managers for ISA’s proposed Africa Solar Facility (ASF). ISA has entered into exclusive discussions with Africa50 to act as the ASF’s investment manager in pursuit of this project. The ASF is one of the first regional facilities under […] Read more
GERC Declines To Impose Charges For Rooftop Solar Users Updated On Fri, Sep 6th, 2024 by Saurenergy The Gujarat Electricity Regulatory Commission (GERC) in its latest order declined to impose new charges on solar rooftop consumers. This came to the light when some stakeholders demanded imposing system strengthening charges from rooftop solar users. The demand included imposing system strengthening charges from consumers having capacities below 6Kw. The matter was raised during the […] Read more
DERC Allows SCOD Extension To Tata Power For Hybrid Project Updated On Fri, Sep 6th, 2024 by Saurenergy In some relief for the developer, the Delhi Electricity Regulatory Commission (DERC) allowed Tata Power Renewable Energy an extension for its Karnataka hybrid project. The company is now developing a 510 MW of wind-solar hybrid project in the state. The order of state power regulator came to the fore after Tata Power Renewable Energy filed […] Read more
