Microsoft Makes Largest Solar Deal in US, Buys 315 MW from 750,000 Solar Panels Updated On Thu, Mar 22nd, 2018 by Saurenergy The power will come from 750,000 solar panels spread across 2,000 acres at projects called Pleinmont I and II. The company says its total renewable energy portfolio will reach 1.2 gigawatts globally, which a Microsoft representative described as “enough power to light up 100 million LED bulbs. Microsoft just announced what it calls “the single […] Read more
BUY or LEASE Your Solar panel system? Updated On Tue, Nov 15th, 2016 by Saurenergy Rooftop solar market in India is speculated to add new capacity of 700 MW in 2016 – 15% of total solar capacity addition this year. According to Bridge to India, the cumulative capacity crossed 1 GW by September and is growing at a sizzling 300% over last year. Ministry of Finance has reduced depreciation rate […] Read more
European Commission Signs Solar Charter To Boost Manufacturing Resilience Updated On Tue, Apr 16th, 2024 by Saurenergy The European Commission has signed the European Solar Charter to support Europe’s solar manufacturing base. In the charter, the signatories commit to the support of Europe’s solar manufacturing base. The charter was signed in Brussels and was drafted by the European Commission. Last year, 56 GW of solar PV were installed in the European Union […] Read more
US Solar Manufacturers Come Out With Prescription for Domestic Manufacturing Updated On Tue, Mar 26th, 2024 by Saurenergy A new report commissioned by the Solar Energy Manufacturers for America (SEMA) Coalition and authored by Guidehouse Insights Inflection Point makes a case for stronger government efforts to ensure the US domestic solar manufacturing industry withstands the challenge mounted from China or Chinese linked imports. “Thanks to the efforts of Congress and the Administration, with […] Read more
MNRE Enlists 11 Companies Offering Solar Insurance To Cover Risks Updated On Wed, Mar 20th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has updated its list of insurers covering risks for solar project developers. India’s Insurance Regulatory Development Authority (IRDAI), which offers solar insurance, forwarded the MNRE the approved list of 11 such players. The ministry last published the list of solar insurance firms on February 26. It has […] Read more
COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip Updated On Tue, Feb 13th, 2024 by Saurenergy Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar. Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […] Read more
COVER STORY: Rooftop Solar Enters Mission Mode In India Updated On Mon, Jan 29th, 2024 by Saurenergy The signs were already there. In the first week of 2024, the Ministry of New and Renewable Energy (MNRE) created ripples in the Indian solar market when it announced a 23 percent increase in subsidies for residential rooftop solar. As per the government notification, the ministry increased subsidies from Rs 14,588/kWh to Rs 18,000/kWh for […] Read more
Could These Be Solar’s 5 Biggest Threats? Updated On Wed, Jan 3rd, 2024 by Saurenergy Solar has had a lot of time in the limelight, from being heralded as the energy source of the future to being the number 1 pick for home installation. However, a few other sources of energy have slipped under the radar and we’re here to talk about them for their potential to disrupt the rise […] Read more
Solar Became Cheapest Fuel Source For Newly-Built Power Systems: EY Updated On Thu, Dec 7th, 2023 by Saurenergy The latest report by Ernst and Young (EY) claimed that solar energy emerged as the cheapest fuel source for newly built power systems globally, fueling a faster energy transition. The report said that despite the challenges like inflation and price rises, solar power seemed to be the leader. It claimed that with its lowest Levelized Cost […] Read more
