4 Days to Aug 22 Deadline for Feedback on Rooftop Solar Guidelines Updated On Wed, Aug 18th, 2021 by Saurenergy The revised deadline for feedback on rooftop solar systems is August 22. The MNRE has shared a detailed feedback document for stakeholders to share their feedback. As readers are aware, India has performed quite poorly on its rooftop solar segment. From a target of 40 GW out of the 100 GW of solar capacity that […] Read more
MNRE Releases Updated ALMM List With 3 New Additions Updated On Wed, Aug 18th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued an updated list of approved manufacturers in its ALMM (Approved list of module manufacturers) list. The List is effective August 17, 2021, with the certifications valid to August 16, 2023, or two years. While broadly in line with the previous list, the fresh list has […] Read more
US Distributed Energy Major Nexamp Closes $680 million Fund Raise Updated On Wed, Aug 18th, 2021 by Saurenergy Nexamp, which has a focus on distributed solar and storage systems, has secured a $240 million equity investment led by Generate Capital. The company also recently raised $440 million in debt financing, bringing its total new funding to $680 million. The new funding will accelerate Nexamp’s ability to offer a flexible range of decarbonization options for customers, expanding its […] Read more
APTEL Sets Aside KERC Order, Restores Benefit To Solar Developer Updated On Tue, Aug 17th, 2021 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has ruled in favour of a small solar power developer, Hunsankodilli Solar Power Project LL.P (developer) that has set up a 3 MW solar plant in Karnataka. The ruling follows a similar one declared early in August where the apex authority had taken a similar view. The developer had […] Read more
California Goes With Rule for Solar and Battery Storage on New Buildings Updated On Tue, Aug 17th, 2021 by Saurenergy The California Energy Commission (CEC) has adopted the 2022 Building Energy Efficiency Standards (Energy Code) for newly constructed and renovated buildings that say the new buildings need to be equipped with solar and battery storage for clean energy goals. As the state’s primary energy policy and planning agency, the CEC adopts standards every three years […] Read more
Canadian Solar Reports $1.43 Billion Revenues in Q2 FY21, a 105% YoY Increase Updated On Tue, Aug 17th, 2021 by Saurenergy Canadian Solar Inc. has announced its financial results for Q2 FY21 with strong revenues of $1.43 billion. The firm reports that net revenue in the Q2 FY21 grew by 105% YoY and 31% QoQ to $1.43 billion. The sequential improvement was driven by an increase in module shipments and average selling price (ASP), growth in […] Read more
Scotland’s Firth of Forth Net Zero Hub Key for Climate Goals: WoodMac Updated On Tue, Aug 17th, 2021 by Saurenergy The development of net zero hubs around the UK has proved a key plank of the country’s strategy towards achieving net zero by 2050. Scotland, which has a 2045 net-zero target, could advance its ambitions by establishing a net zero hub on the Firth of Forth, research from global natural resources consultancy Wood Mackenzie. “Net […] Read more
10% Hike in Store for Wind Turbine Prices, says WoodMac Updated On Tue, Aug 17th, 2021 by Saurenergy According to new analysis from Wood Mackenzie, wind turbine prices are expected to increase by up to 10% over the next 12 to 18 months due to increases in commodity prices, logistics costs, and coronavirus-related challenges. As noted in a recent Wood Mackenzie report, a rise in steel, copper, aluminium, and fibre prices, coupled with […] Read more
Bangladesh Invites Bids for 68 MW Solar Project in Sirajganj Region Updated On Tue, Aug 17th, 2021 by Saurenergy The Bangladesh-China Renewable Energy Company (BCRECL) has invited bids for the engineering, procurement, and construction (EPC) of a 68 MW solar energy project on a turnkey basis in Sirajganj, Bangladesh, including the construction of a 15 km 132 kV double circuit transmission line with a substation bay. BCRECL is a joint venture between the North-West […] Read more
