APTEL Accepts SGD As Change In Law, Relief Likely For Developers Updated On Tue, Aug 20th, 2024 by Saurenergy In a case that involved a bunch of similar petitions from developers in Rajasthan executing projects worth 950 MW, and another batch in Andhra Pradesh involving projects worth 750 MW, the Appellate Tribunal for Electricity, has provided some measured relief for the developers involved. The petitions bunched together by the APTEL bench involved the acceptance […] Read more
Q1 Results: Borosil Renewable Sees Surge In Revenues, Increase In Losses Updated On Tue, Aug 13th, 2024 by Saurenergy Indian solar glass company Borosil Renewable has now announced its financial results for the first quarter (Q1). The latest consolidated details furnished by the company revealed that during the first quarter of the financial year 2024-25, the Mumbai-based company witnessed a rise in its revenues. However increasing losses dampened its balance sheet. The latest details […] Read more
With New Import Duties On Solar Glass, Borosil Sees ‘Acche Din’ Ahead Updated On Wed, Jul 24th, 2024 by Saurenergy In October 2023, Greater Noida hosted Renewable Energy Expo (REI) which saw the conglomeration of several renewable industries under one roof. On one side of the show, Borosil Renewable, one of India’s leading solar glass manufacturers hosted its stall. It entertained several solar industry leaders and had a series of meetings. In an interview with […] Read more
Rayzon Collaborates With Hero Future Energies For K’taka Solar Project Updated On Tue, Jul 16th, 2024 by Saurenergy Rayzon Solar and Hero Future Energies today announced the formalization of their partnership for boosting solar project in Karnataka. These renewable energy companies are set to launch a 200 MW solar project in Karnataka. This initiative is expected to reduce carbon emissions by an estimated 350,000 to 375,000 tons annually. “This partnership between Rayzon Solar […] Read more
BII, Symbiotics Launch Second Green Basket Bond Across Asia, Africa Updated On Wed, Jun 26th, 2024 by Saurenergy British International Investment (BII), a UK-based development finance institution (DFI) and impact investor committed $75 million to the second ‘green basket bond’ arranged by Symbiotics Investments, a financial lender. The green lending program is expected to increase financing to small-scale green projects across Africa and South and South-East Asia through MSME lenders. This project particularly […] Read more
Shree Cement Reneweable Power Capacity Reaches 1GW Updated On Tue, Jun 25th, 2024 by Saurenergy Shree Cement, the third-biggest cement producer in India, announced that it has achieved 1,000 MW of installed power capacity through the commissioning of a 19.5 MW solar power plant at its Andhra Pradesh operation. “The one GW (Gigawatt) capacity includes a mix of solar, wind, thermal and waste heat recovery power plants, showcasing Shree Cement’s […] Read more
90% Solar Manufacturing Is Concentrated In 5 Developing Countries, Says Report Updated On Mon, Jun 24th, 2024 by Saurenergy A recent report by REN21 found solar manufacturing to be concentrated geographically in just five countries, which are estimated to produce more than 90% of the global capacity for producing solar modules. These countries are namely reported to be, China which leads with around 80% of overall solar PV manufacturing capacity, followed by Vietnam, India, […] Read more
News Briefs June 21- Nextracker, Sembcorp, German Solar Target Updated On Fri, Jun 21st, 2024 by Saurenergy Nextracker Acquires Ojjio US solar tracker firm Nextracker has acquired Ojjo Inc., a leading foundations business in the solar power sector. This strategic move will allow Nextracker to providing comprehensive system solutions. According to Dan Shugar, Nextracker CEO, Optimization of the foundations and solar trackers enables customers to meet or exceed project-level LCOE targets while […] Read more
Only 10% Coal Plants To Be Decommissioned By 2030: Report Updated On Thu, Jun 20th, 2024 by Saurenergy Only 10% of the world’s existing coal power capacity is slated for decommissioning by 2030. More coal decommissioning transactions can be closed in the next three to five years, according to a report by IEEFA. Governments, investors and philanthropic organisations should invest the effort to identify these opportunities. The decarbonisation of electricity in emerging market […] Read more
