IIT Madras Develops Solar-Powered Survey Craft for Indian Ports and Waterways Updated On Tue, Nov 24th, 2020 by Saurenergy Researchers at IIT Madras have developed a solar-powered unmanned autonomous survey craft for Indian ports and inland waterways. Researchers at the Indian Institute of Technology (IIT), Madras have developed a solar-powered unmanned autonomous survey craft for Indian ports and inland waterways. According to the team, the system can undertake autonomous hydrographic and oceanographic surveys and provide real-time […] Read more
Vesper Energy Secures Letter of Credit Facility for up to $100 Million Updated On Tue, Nov 24th, 2020 by Saurenergy New Financing Will Fast-Track the Development of Its 3 GW Solar, 2.5 GWh Energy Storage North American Project Pipeline Vesper Energy – a leading developer, owner and operator of utility-scale renewable energy assets – announced it closed a new letter of credit (LC) facility with Macquarie Group (“Macquarie”) for up to $100 million. The LC […] Read more
British Govt Planning for More Clean Energy in Next Round of CfD Scheme Updated On Tue, Nov 24th, 2020 by Saurenergy The British Government has set out its next steps towards a green industrial revolution with ambitious plans for the next round of its flagship renewables support scheme. The British Government has set out its next steps towards a green industrial revolution with ambitious plans for the next round of its flagship renewables support scheme. The […] Read more
With Fresh Price Lows In Auctions, Are Solar Projects Awaiting PSA’s Truly Safe? Updated On Tue, Nov 24th, 2020 by Saurenergy In the last month and more, there have been multiple reports about the failure of the Solar Energy Corporation of India (SECI), a key nodal body that has been conducting utility scale solar auctions to sign PPA’s (Power purchase Agreement) with winning developers. SECI in turn blames it on the delay on the part of […] Read more
Solar Tariffs Drop to Record Low of Rs 2/kWh in SECI’s 1070 MW Tender Updated On Tue, Nov 24th, 2020 by Saurenergy The latest auction by SECI has seen solar power tariffs drop to a new record low of Rs 2 per kWh in the Indian solar segment. The latest auction by the Solar Energy Corporation of India (SECI) has seen solar tariffs drop to a new record low in the Indian solar segment. SECI’s auction for […] Read more
Solar Loans Securitisation. Loanpal Raises $400 Million In US Updated On Tue, Nov 24th, 2020 by Saurenergy Almost no infra sector can grow without access to finance, and this is as true of residential solar as anything else. If the Auto and housing sector exploded on the back of better access to finance, then the residential solar sector, at least in the US, seems to be going the same way. And now, […] Read more
Trina Solar Purchases 1.2 Billion units of 210mm Monocrystal Silicon Wafers in Cooperation with Zhonghuan Updated On Mon, Nov 23rd, 2020 by Saurenergy Changzhou Trina Solar Energy Co., Ltd. (hereinafter Trina Solar) and Tianjin Zhonghuan Semiconductor Co., Ltd., (hereinafter Zhonghuan) signed a framework contract. Under the contract, Trina Solar intends to purchase 210mm monocrystal silicon wafers from Tianjin Huanou International Silicon Material Co., Ltd., a subsidiary of Zhonghuan. During the proposed procurement period between January 2021 and December 2021, the estimated total contract value […] Read more
Smart Power India Launches its Demand Generation Manual for Solar Mini Grids Updated On Mon, Nov 23rd, 2020 by Saurenergy Smart Power India has released the findings of its ‘Demand Generation Manual for Solar Mini-grid,’ to suggest ways to generate demand for solar mini-grids Smart Power India (SPI) has released the findings of its ‘Demand Generation Manual for Solar Mini-grid.’ According to SPI, the objective of the manual is to suggest ways to generate demand […] Read more
India Will Reach 175 GW Renewable Energy Capacity Before 2022: PM Modi Updated On Mon, Nov 23rd, 2020 by Saurenergy In his G-20 summit address, PM Modi claimed that India will meet its goal of 175 GW of renewable energy capacity well before the target of 2022. Prime Minister Narendra Modi participated in the 15th G20 Summit convened by Saudi Arabia in a virtual format, on 21-22 November 2020. In his address, Modi claimed that […] Read more