SBI Caps Report Sees Avenues For Banks In Indian Solar Manufacturing Sector Updated On Tue, Aug 27th, 2024 by Saurenergy A recent report by SBI Caps has indicated new avenues for the formal banks in the country for financing solar module manufacturing projects. Bolstered with the expected rise in the production of solar cells, solar modules and other backward integration by domestic players, the report talked about a likely chance of increased participation of banks […] Read more
Adani Power Debuts In Middle East, Sets Up Subsidiary At Abu Dhabi Updated On Tue, Aug 27th, 2024 by Saurenergy Adani Power Limited has established a new wholly-owned subsidiary, Adani Power Middle East Ltd., in Abu Dhabi, United Arab Emirates, following its expansion into Singapore. The company informed the exchange that Adani Power Middle East Ltd. will focus on investments in power, infrastructure, and related industries. The subsidiary has an authorized share capital of $27,000, […] Read more
TrinaTracker Expands Presence in Latin America’s Solar Market Updated On Tue, Aug 27th, 2024 by Saurenergy With the growing trend of large centralized power generation projects in Brazil, TrinaTracker, a global provider of smart tracker solutions, has strengthened its foothold in the region. According to global energy data analyst Wood Mackenzie, TrinaTracker ranked third in solar tracker shipments to Latin America last year. In 2023, TrinaTracker, a division of Trina Solar […] Read more
Falling Solar, Wind Tariffs Threaten SJVN’s Core Hydro Projects Updated On Mon, Aug 26th, 2024 by Saurenergy The lower tariffs offered by solar and wind projects in India seem to have dented the avenues of SJVN’s pet hydroelectric power projects. The top management of the company has also taken an account of the same in its latest Annual Report for the last fiscal. In the pursuit of expanding its footprint in the […] Read more
China Blows Past 2030 Target For Solar, Wind Updated On Mon, Aug 26th, 2024 by Saurenergy Back in 2020, Chinese President Xi Jining had outlined a plan to be carbon neutral by 2060, achieve peak emissions by 2030, and in doing so, add 1200 GW of solar and wind capacity by 2030. Low Prices Drive Faster Adoption As it turns out, the Chinese might have surprised even themselves considering how quickly […] Read more
Australia To Export Solar Energy To Singapore Updated On Fri, Aug 23rd, 2024 by Saurenergy Australia has approved a unique solar and battery farm project, set to become the largest of its kind in the world. The $24 billion venture, led by tech billionaire Mike Cannon-Brookes, aims to export clean energy from Australia to Singapore. The project, named SunCable, will span Australia’s remote northern region and include a vast array […] Read more
SECI Seeks 800 Acres Of Land For 200 MW Solar Project In MP Updated On Fri, Aug 23rd, 2024 by Saurenergy Solar Energy Corporation of India (SECI) recently released a tender for the selection of an agency for the outright purchase or lease of 800 acres of land for the development of a 200 MW solar project in Madhya Pradesh with September 23 as the last date for bids submission. The SECI tender states that for […] Read more
NTPC Awards JSW Neo 300 MW Of Hybrid Power Projects Updated On Fri, Aug 23rd, 2024 by Saurenergy JSW Neo Energy Limited (JSW Neo), a subsidiary of JSW Energy Limited, received a Letter of Award (LoA) for a 300 MW ISTS-connected Wind-Solar Hybrid Power Project from NTPC Limited. JSW Neo Energy got this project against a tariff-based competitive bid and was invited to set up 1,000 MW ISTS-connected Wind-Solar Hybrid Power Projects (NTPC-Tranche-VI). […] Read more
PM-KUSUM: Shakti Pumps Bags JREDA Order For 400 Solar Pumps Updated On Fri, Aug 23rd, 2024 by Saurenergy Indian solar pump manufacturer Shakti Pumps (India) Limited has received its first order from Jharkhand. The Jharkhand Renewable Energy Development Agency (JREDA) has given a Letter of Award (LOA) for 400 solar pumps at various locations across the state of Jharkhand. This contract was given under the Component-B of PM-KUSUM scheme. The total amount of […] Read more
