REC Limited Raises USD 500 Million Through Bonds Updated On Fri, Feb 26th, 2021 by Saurenergy REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bonds issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to finance power projects following the approvals granted by the RBI from time to time and under the ECB Guidelines. This is REC Limited’s eighth […] Read more
16.5 GW Installed in Record Year for Wind Energy in the US: Report Updated On Thu, Feb 25th, 2021 by Saurenergy The US added more wind capacity than ever before in 2020, with 16.5 GW installed – far exceeding the previous record set in 2012. The US added more wind capacity than ever before in 2020. Some 16.5 gigawatts of capacity was installed – far exceeding the previous record set in 2012. General Electric was the […] Read more
BSES Consumers Generated 106 MWp Solar Power From 3140 Rooftop Systems Updated On Thu, Feb 25th, 2021 by Saurenergy BSES Discoms in the National Capital have energised 3140 rooftop solar installations with a connected solar power load of 106 MWp. BSES Discoms in the National Capital have energised 3140 rooftop solar installations with a connected solar load of 106 MWp. In the next financial year (FY 21-22), the two Discoms in BSES Rajdhani Power […] Read more
West Bengal Issues Tender to Set Up 9.9 MW Rooftop Solar Plant Updated On Tue, Feb 23rd, 2021 by Saurenergy West Bengal Renewable Energy Development Agency (WBREDA) has issued a tender for setting up 9.9 MW of grid-connected rooftop solar PV plants. The tender issued for design and engineering manufacture/procurement, testing, supply installation, and commissioning along with five years of comprehensive maintenance for 990 individual grid-connected rooftop solar PV plants, each with a capacity of […] Read more
EV Startup Matter Invests in EV market, Aiming $1 billion Turnover by 2025 Updated On Mon, Feb 22nd, 2021 by Saurenergy Gujrat based EV and energy storage technology startup, Matter expects to achieve a turnover of USD 1 billion (over Rs 7,250 crores) by 2025, a top company official stated. The company has invested USD 3 million (over Rs 20 crores) so far. Matter will be launching its lithium-ion batteries for solar and renewable management by […] Read more
New Net-Metering cap Risks Stalling Rooftop Solar Progress in India: IEEFA Updated On Mon, Feb 22nd, 2021 by Saurenergy A new regulation that excludes rooftop solar systems over 10 kW from net metering could stall progress for rooftop solar targets of India A new regulation that excludes rooftop solar systems over 10 kilowatts (kW) from net metering will stall the adoption of larger installations in India, undermining progress towards the government’s rooftop solar target […] Read more
Hindustan Coca-Cola Meeting 50% of Energy Requirements in Factories From RE Updated On Sat, Feb 20th, 2021 by Saurenergy Hindustan Coca-Cola Beverages (HCCB), one of India’s top FMCG companies, has ramped up its renewable & clean energy capacity to meet 50% of its energy requirements through these sources. The feat has enabled the company to offset 46,500 tonnes of carbon emission per annum with solar and wind energy and 30,000 tonnes of carbon emission […] Read more
Hope Rules Over Policy as PM Modi Harks to 40 GW Rooftop Solar by 2022 Updated On Fri, Feb 19th, 2021 by Saurenergy If there was ever a case of hope triumphing policy for India’s struggling rooftop solar sector, then PM Modi’s statement on the country reaching 40 GW of rooftop solar by 2022 must come as a massive boost. Or maybe the industry is simply smarter than that. For out of the 100 GW solar target for […] Read more
MiaSolé, European Solliance Claim 26.5% Efficiency on Tandem Solar Cells Updated On Thu, Feb 18th, 2021 by Saurenergy Hanergy owned MiaSolé Hi-Tech Corp and European Solliance Solar Research claim to have achieved a power conversion efficiency of 26.5% on a tandem solar cell. The new record builds on their previous record in 2019. The architecture combines two thin-film solar cell technologies: a top rigid semi-transparent perovskite solar cell with a bottom flexible copper […] Read more
