NHPC Hopes To Commission 1 GW Solar Power Projects in 2023 With Recent Contracts Updated On Mon, May 30th, 2022 by Saurenergy India’s largest hydropower generation firm NHPC Ltd expects that three contracts recently awarded to Adani Infra, Tata Power Solar and Sri Sai would commission the 1 gigawatt solar power project by November 2023. Adani Infra, Tata Power Solar and a joint venture of Sri Sai had bagged the contract for producing 600 MW, 300 MW […] Read more
Adani Solar Rated as leader in PV module Product Qualification Program (PQP) by PVEL Updated On Thu, May 19th, 2022 by Saurenergy Maintaining a clean slate that it started in 2018, Adani Solar is the top performer in PVEL’s (PV Evolution Labs LLP) Product Qualification Program (PQP), according to its 8th annual PV module reliability scorecard. With this recognition, Adani Solar emerges as the only Indian solar manufacturing company to win this distinction for five consecutive years […] Read more
India needs $7.2 billion to promote integrated solar module manufacturing: CEEW-CEF Report Updated On Fri, May 13th, 2022 by Saurenergy The CEEW Centre for Energy Finance (CEEW-CEF) said in a report on May 12 that India needs USD 7.2 billion in investments in the next three to four years to boost integrated solar module production. Released yesterday, the report added further that the push to improve local manufacturing could help domestic module manufacturers clock $30 […] Read more
Chiripal Group Proposes Solar Manufacturing Investment in MP Updated On Wed, Apr 20th, 2022 by Saurenergy Gujarat based diversified industrial group Chiripal Group, which has existing interests in textiles, petrochemicals, education, polyfilms and financing, has proposed an investment of Rs 4600 crores in Madhya Pradesh, under MP’s industrial promotion policy. Our understanding is that all the plans involve Gigawatt plus scale of manufacturing. The news comes even as massive solar manufacturing […] Read more
Adani Green (AGEL) Raises $288 Million for Renewable Energy Projects Updated On Tue, Mar 22nd, 2022 by Saurenergy Renewable major Adani Green Energy Ltd (AGEL) has raised $288 million afresh from a group of global lenders through green project loan agreements. The facility has been raised to fund the under-construction renewable asset portfolio of the company. AGEL has said through an official statement that the new loan will help the company to initially […] Read more
Sungrow Inaugurates 10 GW Solar Inverter Manufacturing Facility in India Updated On Thu, Mar 10th, 2022 by Saurenergy Leading solar inverter maker Sungrow held a formal ceremony in New Delhi to inaugurate the expanded 10 GW annual manufacturing capacity of its plant in India. The company claims that the inauguration is a response to “Make in India” Initiative of Government of India and demonstrates Sungrow’s commitment to “Atmanirbhar Bharat”. The company believes that […] Read more
MNRE Minister confirms fresh bids to be called for expanded Solar PLI Scheme Updated On Sun, Feb 20th, 2022 by Saurenergy Union minister for Power and Renewable Energy RK Singh has said that the fresh bids will be invited for the setting up of 40,000 MW production capacity for solar modules and cells under the production-linked incentive (PLI) scheme. Finance Minister Nirmala Sitharaman had made an additional outlay of Rs 19,500 crore for the PLI scheme […] Read more
Why The Solar PLI Scheme Will Throw Up Big Opportunities, And Challenges For Industry Updated On Wed, Feb 2nd, 2022 by Saurenergy The allocation of a further Rs 19,500 crore for solar manufacturing under the Solar PLI (Performance Linked Incentive) scheme, which rewards manufacturers for both backward integration and exports, is indeed a big deal. Taken in its entirety with the existing Solar PLI scheme of Rs 4500 crore that is already under execution, the scheme will […] Read more
Renew Power, Fourth Partner In Deal For On Site Solar Assets? Updated On Sat, Jan 22nd, 2022 by Saurenergy Business daily Economic Times has reported a deal between Sumant Sinha led Renew Power and Fourth Partner Energy for the on site solar assets across Renew Power’s renewable installations. The deal is reportedly worth Rs 650 crores, for assets with a capacity of 140 MW spread across 100 locations. For Renew, the 140 MW capacity […] Read more
