IKEA To Start Selling Renewable Electricity To Swedish Households Updated On Wed, Aug 18th, 2021 by Saurenergy IKEA, which started selling solar panels and other equipment at its stores sometime back, is now moving into direct electricity selling too. Under the plan that the global retailer of furniture and other items has announced, IKEA’s solar panel producer, Svea Solar will be buying renewable electricity on the Nordic power exchange Nord Pool and […] Read more
Borosil Renewables Q1 Results. Some Speed Bumps, But A Long Clear Road Ahead Updated On Thu, Aug 12th, 2021 by Saurenergy Continuing its smart turnaround on the back of high solar glass prices, Mumbai-based solar glass manufacturer Borosil Renewables has reported a net profit of Rs 39.62 crore in Q1 FY22 as against a net loss of Rs 1.87 crore in Q1 FY21. The stunning results follow from a 151.8% YoY increase in net sales to […] Read more
Amid Rising Module Cost, Returns of Projects May Drop by 200 bps: Crisil Updated On Mon, Jun 28th, 2021 by Saurenergy According to CRISIL Ratings’ estimates, rising module prices may diminish returns for 12 GW of bid out solar projects by ~200 bps and inflate tariffs of future bids by 10-15 paise per unit. CRISIL, an Indian subsidiary of the US company S&P Global, is an analytical company providing ratings, research, and risk and policy advisory […] Read more
Renewable Thermal Collaborative Wins Climate Award Worth $10 Million Updated On Wed, Jun 23rd, 2021 by Saurenergy Lever for Change announced yesterday the Renewable Thermal Collaborative (RTC) as the recipient of the $10 million 2030 Climate Challenge, an award sponsored by an anonymous donor to reduce greenhouse gas emissions in the U.S. Created and jointly managed by the Center for Climate and Energy Solutions (C2ES), David Gardiner and Associates (DGA), and World […] Read more
Sri Lanka To Purchase 75% Equipment from India For India-funded Projects Updated On Mon, Jun 21st, 2021 by Saurenergy Recently, we reported that India extended a USD 100 million Line of Credit (LOC) to Sri Lanka for various solar energy projects. Now, for those solar projects, Sri Lanka will purchase the equipment and materials from India itself. That USD 100 million LOC is a 15-year loan of a fixed rate of 1.75% and that […] Read more
A Renewable PPA Pricing Tool From Pexapark Updated On Tue, Jun 15th, 2021 by Saurenergy Zurich-based renewable energy company Pexapark has announced that it is launching a pioneering feature that accounts for a site and technology-specific production to its renewable energy PPA (power purchase agreement) pricing system named ‘PexaQuote’. The firm claims that PexaQuote currently supports developers and investors operating over 250GW of global renewable energy investments as the industry […] Read more
The BCD Calculus: Will It Deliver The Right Outcomes? Updated On Thu, Mar 25th, 2021 by Saurenergy As expected, once it did arrive, India’s Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, […] Read more
Risen Energy Boosts Market Share with Its 210 Wafer-Based Titan Series Modules Updated On Thu, Feb 25th, 2021 by Saurenergy The year is off to a good start at solar panel maker, Risen Energy Co., Ltd., with the first export shipment of its 210 wafer-based Titan series modules, auguring excellent growth prospects for the firm in global markets. Risen Energy has completed the delivery of the world’s first 210 module order consisting of the high-efficiency Titan […] Read more
Energy Minister Nilesh Cabral Announces E-Mobility Initiatives for Goa Updated On Fri, Feb 12th, 2021 by Saurenergy Nilesh Cabral has emphasised on the importance of ushering in electric 2Ws in Goa, as he highlighted new e-mobility initiatives for the UT. Nilesh Cabral, Minister of Power, Environment, New & Renewable Energy, Govt of Goa emphasised on the importance of ushering in electric two-wheelers in Goa, as he highlighted new electric mobility (E-mobility) initiatives in the […] Read more
