MeyerBurger Snaps Up €200 Million From EU Innovation Fund For 3.5 GW Solar Manufacturing Updated On Tue, Jul 18th, 2023 by Saurenergy Meyer Burger Technology AG, through its group company Meyer Burger (Industries) GmbH, submitted a funding application for EUR 200 million in the EU-wide selection process of the European Innovation Fund in March 2023. The project “HOPE” (High-efficiency Onshore PV module production in Europe) submitted by Meyer Burger has prevailed as eligible for funding, the EU […] Read more
Solar Designer PVcase Raises $100 Million In Funding Updated On Tue, Jul 18th, 2023 by Saurenergy Lithuanian firm PVcase (PhotoVoltaic Computer Aided Solar Engineering), a key global leader in solar project design software, announced today it has secured a joint investment of $100 million, bringing the company’s total funding to over $123 million. Highland Europe, Energize and existing investor Elephant all participated in the round. Despite considerable resources already invested in the solar market, the solar engineering industry […] Read more
Have FTA Routes Become Conduits For Cheaper Solar Modules into India? Updated On Mon, Jul 17th, 2023 by Saurenergy Export-related data has revealed that during April and May of this fiscal year, the quantum of imports of solar modules from countries with which India has a free trade agreement (FTA) has increased significantly, with a 48% share of total solar imports. The sharp move is beginning to hurt domestic manufacturers yet again, as they […] Read more
Indian Firm Devises Furnace That Can Help To Produce Efficient Solar Cells Updated On Mon, Jul 17th, 2023 by Saurenergy A Bangalore-based company with expertise in producing thin film and vacuum technology now claims to have made a revamped furnace that can aid in reducing the price of solar PV module manufacturing in the country and make efficient solar cells. The firm named Hind High Vacuum (HHV) has now made a “directional solidification (DSS) furnace.” […] Read more
Two Solar Firms To Get Compensations Due to Increased GST Rates Updated On Mon, Jul 17th, 2023 by Saurenergy In its order, the Central Electricity Regulatory Commission (CERC) granted compensation to two renewable energy companies. The central authority granted these compensations on account of ‘Change of Law’ events. Such events included the rise of Operations and Maintenance (O&M) costs of their projects due to the escalation of GST rates and the imposition of increased safeguard duty […] Read more
Cleantech Solar Commissions 3 MW Rooftop Solar in Malaysia Updated On Mon, Jul 17th, 2023 by Saurenergy Cleantech Solar has revealed that it has commissioned a 3.4 MWp rooftop solar PV system. The project was undertaken for the manufacturing unit of Japanese firm Konica Minolta Business Technologies (Malaysia) Sdn. Bhd. in Malacca, Malaysia. The PPA signed between the two firms will pave the path for Cleantech Solar to supply turnkey finance, design, […] Read more
Fourth Partner Energy Commissions 70 MW Wind-Solar Hybrid Project in Gujarat Updated On Mon, Jul 17th, 2023 by Saurenergy Renewable energy solutions platform, Fourth Partner Energy today announced the commissioning of its wind-solar hybrid project in Gondal, Gujarat. This 70 MW project marks 4PEL’s foray into hybrid renewable energy solutions and will supply clean energy to companies like Filatex, Linde, Nexus Malls (a Blackstone Group Co.), Deccan Chemicals and other marquee clients. Executed in […] Read more
Five Reasons That Make Agrisolar Significant To The World Updated On Mon, Jul 17th, 2023 by Saurenergy Agrivoltaics refers to the simultaneous use of land for agriculture and photovoltaic (PV) power generation. It is great idea for a country like India, where over 60% of land is employed for agriculture, and the scarcity of land is a persistent problem thanks to an expanding population and urbanisation. Agrivoltaics offer a promising prospect in […] Read more
Universal Transfomers Wins WBPDCL’s 5 MW Floating Solar Tender Updated On Mon, Jul 17th, 2023 by Saurenergy West Bengal Power Development Corporation Limited (WBPDCL) has awarded Universal Transformers a 5 MW floating solar project for its design, engineering, procurement, supply, erection, testing and commissioning on RW pond at Sagardighi Thermal Power Project. The contract has been as part of an aggregate capacity of 22.5 MW floating solar power plants tender issued by […] Read more
