Oriana Power Secures 52 MW Solar Projects From BPCL Updated On Tue, Sep 3rd, 2024 by Saurenergy Oriana Power Limited announced a new order for a 52 MW solar project worth Rs. 247.88 crore from Bharat Petroleum Corporation Limited (BPSCL). As per the new order, Oriana Power will execute a ground-mounted solar power project with a total capacity of 52 MW. The project will be carried out under the EPC (Engineering, Procurement, […] Read more
PM-KUSUM: JREDA Awards Contract To Solartive For Solar Pumps Updated On Tue, Sep 3rd, 2024 by Saurenergy Jharkhand Renewable Energy Development Agency (JREDA) has awarded the contract of solar pumps under the PM KUSUM scheme to Solartive, a water and infrastructure company, the firm said today. Under the project, the company will provide farmers solar pumps with an aim to decarbonise irrigation activities on the farmlands. This project, valued at approximately Rs […] Read more
Can Solhyd’s Hydrogen Solar Panel Become Next Promising Tech? Updated On Tue, Sep 3rd, 2024 by Saurenergy What if we could produce hydrogen using PV solar panels? Sounds unbelievable, right? Two bioscience engineers from the University of Leuven in Belgium claim to have developed a solar panel that can generate hydrogen using sunlight. According to their startup, Solhyd, these hydrogen panels produce hydrogen by capturing water from the ambient air. The startup […] Read more
H1 Results: Trinasolar Ships 34 GW Solar Modules Globally Updated On Tue, Sep 3rd, 2024 by Saurenergy Global solar module manufacturing company Trinasolar has now published its financial report for the first half (H1) of 2024-25. The company reported a revenue of $6.047 billion and net profit attributable to the parent of $74.058 million during this period, the firm said. The green Chinese company said that over the six months, the company […] Read more
PM KUSUM: UPNEDA Issues Bids To Solarise 10,000 Solar Pumps Updated On Mon, Sep 2nd, 2024 by Saurenergy Intending to solarize 10,000 grid-connected agriculture pumps under KUSUM Component C-1, the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) recently released a tender. The tender aims to supply, install, test, and commission distributed grid-connected solar PV systems with 5 years of comprehensive maintenance. UPNEDA has set 23rd September as the last date for […] Read more
As Chinese Solar Firms Raise Silicon Wafer Prices, Will Transmission Happen To Cells and Modules? Updated On Mon, Sep 2nd, 2024 by Saurenergy With the recent increase in silicon wafer prices by certain Chinese solar companies including Longi, the firms hope that this will also impact the cost of solar cells exported from China to other countries. Given China’s dominant position in solar cell exports, higher wafer prices could influence global solar module costs in destination markets. Prices, […] Read more
L&T Carves Out Renewable Energy Vertical In Its Infrastructure Segment Updated On Mon, Sep 2nd, 2024 by Saurenergy Effective from 1st September 2024, Larsen & Toubro (L&T) carved out a separate business vertical for renewable EPC out of its Power Transmission and Distribution (PT&D) business, within its Infrastructure Projects segment. L&T has created the Renewable EPC business, as an addition to its construction verticals. The move comes at a time when the division […] Read more
Jinko Solar Q2 Results-Revenues Down 21.6%, Profits Slump 44% Updated On Mon, Sep 2nd, 2024 by Saurenergy JinkoSolar Holding Co., Ltd., one of the largest solar module manufacturers in the world, has announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Business Highlights Module shipments grew by 34.1% year-over-year to 23.8 GW in the second quarter, ranking first in the industry. At the end of […] Read more
Solar Generation In India Improved In FY24: Fitch Ratings Updated On Mon, Sep 2nd, 2024 by Saurenergy In the financial year ending March 2024 (FY24), India saw improved power generation performance. However, overall power generation was slightly below the one-year P90 forecasts, Fitch Ratings reports. Fitch Ratings, a credit rating organization headquartered in both New York and London, observed an increase in generation at the portfolio level. The company reported a 4% […] Read more