Aussie Firm Stirs Market with Silver-free Cell at Record 25.54% Efficiency Updated On Wed, Sep 15th, 2021 by Saurenergy Sydney-based solar technology startup SunDrive has reportedly made a breakthrough, producing a a silver-free commercial-size silicon solar PV cell with a record breaking efficiency of 25.54%. The previous record was held by LONGi for its commercial-size monocrystalline heterojunction (HJT) solar cell that achieved an efficiency of 25.26% during testing at ISFH earlier this year. The German […] Read more
Tata Motors signs a PPA with TATA Power For 3 MWp Solar Rooftop At Its Pune plant Updated On Tue, Sep 14th, 2021 by Saurenergy Tata Motors has signed a Solar Power Purchase Agreement with Tata Power to install and operate a 3 MWp rooftop solar project at its Passenger Vehicle Business Unit (PVBU) plant in Pune. This solar rooftop project is expected to generate nearly 45 lakh KWh per year, reducing carbon emissions by approximately 3,538 tonnes per year. […] Read more
Goa to Set up 40 kWp Solar Rooftop Plant at Legislative Assembly Updated On Mon, Sep 13th, 2021 by Saurenergy The Goa legislative assembly complex in Porvorim is gearing up to have a solar rooftop power plant set up in it. The Goa energy development agency (GEDA) has invited tenders for design, supply, installation, testing and commissioning of the power plant, including operation and maintenance for five years. The 40 kWp grid-connected solar rooftop power […] Read more
577 MW of Solar Projects Approved For Mumbai By Maharashtra Cabinet Updated On Thu, Sep 9th, 2021 by Saurenergy The Maharashtra state cabinet on September 8 cleared two solar power projects to be set up by Maharashtra State Power Generation Corporation ltd (Mahagenco) for supplying power to capital Mumbai. The two projects, of 187 Megawatt (MW) and 390 MW capacity respectively, are expected to be completed by 2023. Impetus for the approval came from […] Read more
Climate Tech Startups Raised $16b Across 250 Venture Deals, finds Study Updated On Mon, Sep 6th, 2021 by Saurenergy Climate is heating up, more traditional investors are participating, and there are more cross-sector opportunities than ever before, reports Climate Tech VC (CTVC), a weekly newsletter about climate and innovation, which has recently reviewed the investments made in climate technologies in the first half of 2021. The study finds that in the first half of 2021, […] Read more
LONGi’s H1 FY21 Results Out: US$5.438 B Revenue Reported Updated On Mon, Sep 6th, 2021 by Saurenergy Chinese module manufacturer LONGi has released its financial results for the first half of 2021, reporting revenue of 35.098 billion yuan (around US$5.438 billion), an increase of 74.26% compared to the same period of last year. The company earned a net profit of 4.993 billion yuan (around US$773.688 million), up 21.30% over the prior-year period. […] Read more
65% Of Aspiring Developers Choose To Exit PPA’s in GUVNL Projects In Gujarat Updated On Mon, Sep 6th, 2021 by Saurenergy The Gujarat Urja Vikas Nigam Limited (GUVNL) has received 2605 applications from aspiring solar developers to exit their project commitments, after the utlity offered a one time exit option to developers from the signed PPA’s. The development followed the decision by the state government to offer zero subsidy for these smaller projects, at a fixed […] Read more
UK-based Octopus Group Buys 181 MW Wind Farm in Australia Updated On Fri, Sep 3rd, 2021 by Saurenergy Octopus Australia has acquired the 181MW Dulacca Wind Farm in Queensland, Australia, from global renewable energy company RES. Once constructed, the wind project will consist of 43 wind turbines and generate enough electricity to power approximately 124,000 homes. Octopus Australia is a part of UK-based Octopus Group that manages over 260 renewables assets globally. In addition to […] Read more
Adani Green Raises $750 M for Projects in Pipeline Updated On Thu, Sep 2nd, 2021 by Saurenergy Adani Green Energy Ltd (AGEL) has priced its maiden ListCo senior issuance of $750 million through a 3-year issuance under the 144A / Reg S format, at a fixed coupon of 4.375%. The issuance was oversubscribed by 4.7 times. This issuance establishes AGEL as India’s leading credit in the renewable sector with a robust and […] Read more
