US Solar manufacturers raise potential of 30GW mfg capacity for Biden Administration Updated On Thu, Mar 10th, 2022 by Saurenergy It seems to be the season for solar manufacturers across countries to expect more. After India, it is the Solar Energy Manufacturing for America (SEMA) Coalition that sent a letter to President Joe Biden requesting the United States President to enact policy solutions basis so that the domestic solar manufacturing can sustain in the long […] Read more
Global Solar Street Light Market to Grow to $15.7 Billion by 2030 Updated On Thu, Mar 10th, 2022 by Saurenergy Research firm Astute Analytica has come up with a study which establishes that the global solar street light market was $3.9 billion in 2021 and will reach $15.7 billion by 2030. The global street light market will register a CAGR of 17.12% for the coming 2022-2030 period. Astute Analytica has assigned key reasons for the […] Read more
SJVN to Build 400 MW Solar Park in Himachal’s Kinnaur region Updated On Thu, Mar 10th, 2022 by Saurenergy The state government of Himachal Pradesh is planning to set up a solar power park in Kinnaur district in a quest to expand the renewables share in the energy basket further. The State MPP and Power Minister Sukhram Chaudhary has informed that a proposal to seek consent has been sent to the Central government. The […] Read more
AISIA rues lack of support from govt, domestic developers for solar manufacturers Updated On Thu, Mar 10th, 2022 by Saurenergy Solar manufacturers have highlighted the lack of support from the government and the domestic developers, according to a press note shared by the All India Solar Industries Association (AISIA), the domestic solar manufacturers association, on Wednesday. It added that even though the government has announced several policies to support the players, domestic solar manufacturing continues […] Read more
Mass-Production ready 28.7% efficient solar cell fabricated in Germany Updated On Thu, Mar 10th, 2022 by Saurenergy Q CELLS, a total energy solutions provider in solar, energy storage, downstream project business and energy retail, claims to have set a new world-record tandem cell efficiency of 28.7% in collaboration with researchers at Helmholtz-Zentrum Berlin, a German research centre, using a Q.ANTUM-based silicon bottom cell in combination with a perovskite-based top cell. Q CELLS’ […] Read more
Macquarie Acquires France based Reden Solar for $2.7 Billion Updated On Wed, Mar 9th, 2022 by Saurenergy In a major development in the RE sector, France’s independent power producer (IPP) Reden Solar has been acquired by a consortium led by Macquarie Asset Management for an enterprise value of $2.7 billion. Reden Solar is one of the leading developers, builder and operator of solar photovoltaic (PV) power plants from France. At present the […] Read more
Vestas Will Discontinue Four Wind Energy Projects in Russia Updated On Wed, Mar 9th, 2022 by Saurenergy Danish wind energy major Vestas will reportedly stop four wind farm projects that are being developed currently in Russia. This is an outcome of the Russian invasion of Ukraine, which had drawn sanctions especially from the US and Europe. The development of the four key wind energy projects commenced by Vestas in September, 2021. These […] Read more
RERC approves levelised tarrif of Rs 2.89 For Kusum Component C Project Updated On Wed, Mar 9th, 2022 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) recently ruled in favour of Jaipur Vidyut Vitran Nigam Ltd. (JVVNL), which had requested the commission to approve the levelized tariff discovered through competitive bidding for a 4.24 MW pilot solar power project for feeder level solarization under Component-C of the PM-KUSUM scheme. The Ministry of New and Renewable Energy […] Read more
Saudi Arabia Signs PPA Contracts for Solar Power Deals Worth $665 Million Updated On Wed, Mar 9th, 2022 by Saurenergy The Kingdom of Saudi Arabia is bullish on raising the renewable share in its energy mix as it has awarded contracts for two new solar power projects. These projects will make a combined capacity of one gigawatt. Saudi Arabia is world’s largest oil exporter but has a huge target to add 60GW of solar power to […] Read more