Govt Needs to Extend Incentives for Domestic Manufacturing, Exploit Skilled Manpower: Jaideep N. Malaviya Updated On Thu, Apr 30th, 2020 by Saurenergy The glass components like vacuum tubes or curved mirrors are largely imported being specialised. India’s solar thermal market is steady hence gives confidence for “Make in India”. However, government needs to extend incentives for manufacturing and exploit the domestic skilled human resources. In short “Opportunities Infinite but Challenges Many Ahead”, believes Jaideep N. Malaviya, Secretary […] Read more
Dropping Prices of Solar, Wind and Storage a Risk for Existing Coal, Gas: BNEF Updated On Thu, Apr 30th, 2020 by Saurenergy According to a new analysis, solar PV and onshore wind are now the cheapest sources of new-build generation for at least two-thirds of the global population. The latest analysis by research company BloombergNEF (BNEF) shows that the global benchmark levelised cost of electricity, or LCOE, for onshore wind and utility-scale PV, has fallen 9 percent […] Read more
ADB Grants $346 Mn Loan for Rural Electricity in Maharashtra Updated On Thu, Apr 30th, 2020 by Saurenergy ADB has approved a USD 346 million loan to help provide an efficient and reliable power connection to rural agriculture customers in Maharashtra. The Asian Development Bank (ADB) has approved a USD 346 million loan to India to help provide an efficient and reliable power connection to rural agriculture customers in the state of Maharashtra. […] Read more
Enphase and Sunlogics to Deliver Residential Solar Solns in Belgium Updated On Thu, Apr 30th, 2020 by Saurenergy Enphase Energy has teamed-up with Sunlogics, a full-service residential solar installer that delivers custom-made solar solutions to customers in Belgium. Enphase Energy, one of the world’s leading suppliers of solar microinverters, has announced it has teamed-up with Sunlogics, a full-service residential solar installer that delivers custom-made solar solutions to customers in Belgium. Sunlogics, with headquarters […] Read more
EV Charging Startup Gets Backing of Siemens, Soros Fund Management Updated On Wed, Apr 29th, 2020 by Saurenergy Electric Vehicle (EV) charging startup Amply Power has secured USD 13.2 million in Series A funding from investors including Siemens Financial Services and Soros Fund Management to advance its services for commercial fleets. The company, founded by serial entrepreneur Vic Shao, helps commercial fleet operators to go electric by providing EV charging infrastructure with fixed […] Read more
Residential Solar. Market Yes, But Marketing? Updated On Wed, Apr 29th, 2020 by Saurenergy Ashish Anand, a Chandigarh-based businessman reached out to us four months back. With an independent house in the city, he was keen to explore the idea of a solar rooftop for his house. As always, we put him in touch with relevant state sources, and for good measure, a couple of vendors who install solar […] Read more
Nautilus Solar Closes $90 Mn Debt Financing Deal with Canadian Lenders Updated On Wed, Apr 29th, 2020 by Saurenergy Nautilus Solar Energy, owner and operator of distributed and utility-scale solar energy projects, has sealed a USD 90 million debt financing deal with two Canadian lenders i.e. National Bank of Canada (NBC) and Royal Bank of Canada (RBC). As per the agreement signed, the financing will be in two parts i.e. a USD 75 million for […] Read more
Average Spot Price Remains at Rs 2.36 Low During Lockdown Updated On Wed, Apr 29th, 2020 by Saurenergy The average spot power price has remained as low as Rs 2.36 per unit on the IEX during the lockdown period so far, which began last month The average spot power price has remained as low as Rs 2.36 per unit on the Indian Energy Exchange (IEX) during the lockdown period so far, which began […] Read more
Dominion Energy Remains on Schedule to Build 2.6 GW Offshore Wind Project Updated On Tue, Apr 28th, 2020 by Saurenergy Dominion Energy and its contractors remain on track to ensure that the 2.6 GW Coastal Virginia Offshore Wind project remains on schedule Dominion Energy has issued a notification claiming that it along with its contractors remains on track to ensure that the 2.6 GW Coastal Virginia Offshore Wind (CVOW) project remains on schedule to become an economic […] Read more