With $500 million of Production Tax Credits, 600 MW Solar Project Moves Ahead In US Updated On Thu, Feb 1st, 2024 by Saurenergy Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets, has announced the closing of financing for its Hornet Solar project. The asset will deliver renewable energy to communities throughout Texas, provide grid stability, and mitigate price volatility in Electric Reliability Council of Texas (ERCOT) which provides power to the grid in the […] Read more
BUDGET: Solar Industry Wants Funds For RTS, Lower GST On Equipment Updated On Thu, Feb 1st, 2024 by Saurenergy As Union Finance Minister Nirmala Sitharaman is all set to announce the Union Budget today in Lok Sabha, the solar industry is anticipating several announcements for the sector. Several industry experts anticipate announcements that could support the industry. However, most of the solar industry experts who spoke on the issue talked about reduced taxes for […] Read more
L&T Construction To Build 1800MW Solar Plant in Dubai Updated On Wed, Jan 31st, 2024 by Saurenergy India-based technology and construction company Larsen & Toubro Power Transmission & Distribution business’ Renewable EPC arm has been given the turnkey Engineering, Procurement, and Construction contract to establish an 1800 MWac Solar Photovoltaic Plant in Dubai, United Arab Emirates. The project is the sixth phase of the Mohammed bin Rashid Al Maktoum Solar Park, Dubai, […] Read more
Yinson Renewables Acquires 97 MWp Matarani Solar Project in Peru from Grenergy Renewables Updated On Wed, Jan 31st, 2024 by Saurenergy Malaysia-based Yinson Renewables has completed the acquisition of the 97 MWp Matarani solar project in Peru from Grenergy Renewables, an international independent power producer, developer, and engineering, procurement, and construction company. The project is located in the Mollendo desert in the Arequipa region, one of the world’s highest solar irradiation areas. Most of the project’s […] Read more
APTEL Gives SCOD Extension To Kranthi Ediffice For Telangana Solar Project Updated On Wed, Jan 31st, 2024 by Saurenergy In a case about seeking an extension in the Scheduled Commercial Operation Date (SCOD) for a solar photovoltaic power project in Telangana, the petition filed by Kranthi Ediffice Private Limited was upheld, and the firm got an extension of 90 days by the Appellate Tribunal for Electricity (APTEL). The company was a successful bidder through […] Read more
Oxford PV Achieves 25% Solar Cell Efficiency; Claims World Record Updated On Wed, Jan 31st, 2024 by Saurenergy Oxford PV, a British firm pioneering advanced photovoltaic cell technology, has claimed to have achieved a remarkable 25% conversion efficiency, surpassing the typical 24% efficiency of commercially available silicon-based solar cells. Oxford PV says that this is now a new world record in solar panel efficiency. Solar modules employing these higher efficiency cells yield greater […] Read more
Global Fashion Retailer H&M Signs PPA To Build 3 Solar Parks In Sweden Updated On Tue, Jan 30th, 2024 by Saurenergy Global fashion retailer and fast fashion brand H&M Group has signed long-term power purchase agreements (PPAs) with European solar developer and independent power producer Alight regarding the construction of three new solar parks in Sweden. The ground-mounted solar parks will be located in Blekinge, Södermanland, and Halland, with a capacity of 13 MW, 6 MW […] Read more
Suzlon Wins New WTG Order For 642 MW Power Project From Evren Updated On Tue, Jan 30th, 2024 by Saurenergy Suzlon Group, a renewable energy solutions provider, announced that it has won an order for the supply of Wind Turbine Generators (WTGs) for a 642 MW wind power project from Evren Company, ‘ABC Cleantech Private Limited (ACPL). Suzlon will install 214 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated […] Read more
SJVN Green, Coal India, SAEL Win 600 MW GUVNL Solar Project Updated On Tue, Jan 30th, 2024 by Saurenergy SJVN Green, Coal India, and SAEL Industries have been awarded the 600 MW solar power project which will be set up at Gujarat Industries Power Company in Khavda. These companies were declared winners by Gujarat Urja Vikas Nigam Ltd (GUVNL) in the auction related to the project. Further, the project will also have a greenshoe […] Read more
