Ready, Set, Go: India’s Solar Manufacturing Ambitions Are Flying Updated On Mon, Jul 31st, 2023 by Saurenergy For India’s solar sector and its many entrepreneurs, all signals are finally green. Or so it would seem. Be it progress on manufacturing plans, including the all important backward integration, exports, and of course, a strong domestic market for their output. Everything has come together for the many firms and entrepreneurs who will hope for […] Read more
GEAPP to Aid Myanmar with 100 Solar Projects, Unlocking $60 Mn Solar Investment Updated On Mon, Jul 31st, 2023 by Saurenergy The Global Energy Alliance for People and Planet (GEAPP) has revealed that it will lend support to Smart Power Myanmar’s over the period of the next three years to enable it to focus on transforming access to affordable and clean energy for Myanmar’s businesses in the agricultural value chain. In partnership with GEAPP, SPM will […] Read more
Rays Power Infra Signs 283 MWp Solar EPC Deal with Serentica Renewables Updated On Fri, Jul 28th, 2023 by Saurenergy Rays Power Infra, a solar EPC firm with a commissioned portfolio of 1.30 GWp, has signed an engineering, procurement, and construction (EPC) term sheet with Serentica Renewables, an end-to-end energy solutions firm focusing on industrial decarbonization. Based on the agreement between the two companies, Rays Power Infra shall be responsible for the engineering, procurement, and […] Read more
Adani’s New Energy Arm In Trade Finance Facility For $394m Updated On Fri, Jul 28th, 2023 by Saurenergy Adani New Industries Limited (ANIL) ecosystem has announced the raise of a trade finance facility of USD 394mn (INR 3,231 Cr) from Barclays PLC and Deutsche Bank AG for securing working capital requirements of its integrated solar module manufacturing facility. ANIL, a wholly owned subsidiary of Adani Enterprises Ltd, is building an ecosystem of one […] Read more
80% Of India’s Solar Projects Planned In Only 5 States Updated On Fri, Jul 28th, 2023 by Saurenergy The latest data from the Ministry of New and Renewable Energy (MNRE) claimed that around 80 percent of the ongoing mega solar projects are confined to only five renewable-rich states of the country. Moreover, around ten states do not have any ongoing solar projects in hand. MNRE Minister RK Singh shared the latest data before […] Read more
First Solar Secures 2.1 GW Order from Matrix for Advanced Thin Film Modules Updated On Fri, Jul 28th, 2023 by Saurenergy First Solar, Inc. and Matrix Renewables have announced a significant collaboration in the renewable energy sector. Matrix, the TPG Rise-backed global renewable energy platform, has entered into a framework agreement to procure approximately 2.1 gigawatts (GWDC) of advanced thin film modules from First Solar. These modules are scheduled to be delivered between 2024 and 2027, […] Read more
Tripura Chalks Out ‘Tripura Energy Vision 2030 Roadmap’ Updated On Fri, Jul 28th, 2023 by Saurenergy The Power Minister of Tripura, Ratan Lal Nath, has revealed that the state government has worked out at a plan that sets sights on generating close to 500 MW of power via solar energy. The goal is to be achieved by 2030. He further added that Germany’s Deutsche Gesellschaft Fur international Zusammenarbeit (GIZ) executed a […] Read more
Chhattisgarh Offers Sops For Grid-Connected Solar DRE Units Updated On Thu, Jul 27th, 2023 by Saurenergy The Chhattisgarh State Electricity Regulatory Commission (CSERC) has come out with a new draft regulation to boost the uptake of grid-connected distributed renewable energy (DRE) units in the state. The Commission has now proposed a second amendment to its Gid-Connected DRE Regulations. These rules will be applicable from September 1, 2023. The draft CSERC (Grid […] Read more
MNRE Allows Two Solar Module Makers To Enlist New Models Under ALMM Updated On Thu, Jul 27th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) today issued a new order allowing two Indian solar module manufacturers to enlist additional models under the Approved List of Module Manufacturers (ALMM) scheme. It included Bangalore-based Emmvee Photovoltaic Power and Noida-based Bluebird Photovoltaic Power. Per the details, the ministry has allowed Emmvee to enlist six mono-c-Silicon PERC modules. […] Read more
