Origis Energy Secures $375 Million Credit for Solar, Storage Projects Updated On Thu, May 5th, 2022 by Saurenergy Origis Energy has announced the close of a $375 million credit facility for its solar and energy storage development project pipeline. This innovative facility for the renewable energy industry bundles Letter of Credit and equipment financing to fund the growing presence of Origis in clean energy assets. CIT, a division of First Citizens Bank, along […] Read more
IEX April’22 update: solar prices at Rs 7.79/unit in GTAM market Updated On Thu, May 5th, 2022 by Saurenergy In the first month of the new fiscal year 2023, the Indian Energy Exchange (IEX) achieved 7574 MU volume across all the market segments comprising 6989 MU in the conventional power market, 336 MU in the green power market, and 249 MU (2.49 lac Certificates) in the REC Market, according to a new press release. […] Read more
A Simple Solar Light Is Life Changing In This Indonesian Village Updated On Thu, May 5th, 2022 by Saurenergy Solar is more than just light. In a recent article on its website, IRENA has highlighted just how much. The article highlights the example of homemaker Konda Ngguna living in a small village in Laindeha, Sumba Island, Indonesia. Till a few years back, there used to be a total blackout in the Laindeha village after […] Read more
Solis To Launch Three Smart ESS At Intersolar Europe Updated On Thu, May 5th, 2022 by Saurenergy Intersolar Europe will be held in Messe München on May 11-13. At B3. 430, Solis will showcase 3 new energy storage inverters to bring more intelligent and smart solutions and provides more usable energy to customers. The Solis solar energy storage portfolio is being expanded with new offerings Solis conducted an in-depth analysis of market […] Read more
Azure Power commissions 90 MW solar project in Assam Updated On Wed, May 4th, 2022 by Saurenergy Renewable energy major Azure Power has announced that it has successfully commissioned its 90 MW solar power project in Assam, the largest in the state. The 90 MW of solar capacity is spread across four districts in Assam – Udalguri, Kamrup, Nagaon, and Cachar. Azure Power said that the solar power project was commissioned in […] Read more
With Energy Supplies On Edge, Delhi’s Poor Solar Record Comes Back To Bite It Updated On Mon, May 2nd, 2022 by Saurenergy Even as an unprecedented heatwave across most of India, especially North India sends temperatures soaring, Delhi, one of the most polluted cities in the world, has barely achieved its clean energy goals and increased its dependence on non-renewable sources of energy. This, despite some of the most ambitious plans to green up. The capital has […] Read more
Jinko Solar Q1 Results Report 8.4 GW of Shipments, Up 56% YoY Updated On Mon, May 2nd, 2022 by Saurenergy Module major Jinko Solar has announced its Q1 results, and as expected, the results are a major jump over the corresponding period last year. Total revenues were RMB 14.76 billion ($2.24 billion), a growth of 86% year-on-year (YoY). Gross profit came in at RMB 2.23 billion ($338.6 million), a 64% YoY increase even as it […] Read more
Odisha Continues To Take Small Steps Towards Renewables, Adds Solar Panels in schools Updated On Mon, May 2nd, 2022 by Saurenergy The Odisha Government is making strides in the realm of solar power development that is bringing multidimensional changes in the everyday life of the people. In a fresh instance, the Chief Secretary of the state, SC Mohapatra, has unveiled a solar power system in a government high school in Ganjam district’s Narayanpatna area. There would […] Read more
TANGEDCO To Add 3 MW Solar Power Under PM-KUSUM Scheme Updated On Mon, May 2nd, 2022 by Saurenergy The Tamil Nadu Electricity Regulatory Commission(TNERC) has allowed the Tamil Nadu Generation and Distribution Corporation Ltd (Tangedco) to procure solar power with a combined capacity of 3 MW generated by two farmers in the state. The solar power will be purchased at a tariff of Rs 2.99 per unit, under Component – A of the […] Read more
