Tender issued for 1MW Rooftop Solar for Sun Temple and Modhera in Gujarat Updated On Fri, Feb 11th, 2022 by Saurenergy A tender for engineering, procurement and construction (EPC) has been issued by the Gujarat Power Corporation Limited (GPCL) for the installment of a minimum of 1 megawatt (MW) rooftop for India’s rich heritage hubs of the Sun Temple and the historical township of Modhera in Gujarat. The heritage site lies in the Mehsana district of […] Read more
TotalEnergies to Acquire Commercial & Industrial Solar Business of SunPower Updated On Fri, Feb 11th, 2022 by Saurenergy TotalEnergies has announced that the company has signed a contract with SunPower Corp.’s to purchase latter’s Commercial & Industrial Solutions (CIS) business for $250 million. The amount includes $60 million of earn-out. TotalEnergies is the majority shareholder of SunPower, a leading solar technology and energy services provider. Both the companies have approved the acquisition following a thorough process involving […] Read more
Maxeon Solar raises the bar with warranty of 40 Years On IBC Panels Updated On Fri, Feb 4th, 2022 by Saurenergy Headquartered in Singapore, Maxeon Solar Technologies has announced the launch of “the solar industry’s longest and most comprehensive combined warranty” on its Maxeon Interdigitated Back Contact (IBC) product line, which is sold in most countries outside the US and Canada under the SunPower Maxeon brand. Effective for systems installed on or after January 1, 2022, […] Read more
MNRE Focus On Residential Rooftop, As National Portal for Subsidy, Net Metering In the Making Updated On Wed, Feb 2nd, 2022 by Saurenergy The Ministry and New and Renewable Energy (MNRE) under Power Minister R.K. Singh finally seems to be paying heed to the crying need for attention from the rooftop solar sector. To give some speed to the reeling rooftop solar segment MNRE has issued a simplified procedure for residential consumers to get the rooftop solar plant […] Read more
A Solar PLI Scheme Disregarding MSME Sector Could Lead To Cartel Like Situation In Solar Too Updated On Wed, Feb 2nd, 2022 by Saurenergy The announcement of the PLI scheme expansion from Rs 4500 crore till now by a further Rs 19,500 crores was the most notable one for the solar sector in the Budget for 2022. While widely welcomed, the move does raise an existential question for the hundreds of SME and MSME firms involved in the module […] Read more
200 GW Milestone Beckons For Solar Additions in 2022, Cheaper With Extra Storage, Says BNEF Updated On Wed, Feb 2nd, 2022 by Saurenergy Bloomberg New Energy Finance (BNEF) has predicted that the year 2022 will see the 200 GW milestone in a year for solar crossed for the first time. In 2021, photovoltaic systems with a combined capacity of 183 GW were installed across the globe, a 40 GW jump over 2020. The 2021 figures also came in […] Read more
Solar O&M Market Set To Grow to $15 billion By 2030-Woodmac Updated On Tue, Feb 1st, 2022 by Saurenergy Global non-residential solar operations and maintenance (O&M) spend is expected to hit US$15 billion by 2030. But new research from global energy consultancy Wood Mackenzie (Woodmac) indicates that increasingly competitive auction prices, coupled with rising labour and supply chain costs, mean service vendors face challenges to stay profitable. Leila Garcia da Fonseca, senior manager, Wind […] Read more
With Successful Shanghai Listing of Subsidiary, Jinko Solar Well Placed for Future Growth Updated On Thu, Jan 27th, 2022 by Saurenergy China’s Jinko Solar, one of the largest module manufacturers worldwide, has successfully listed its subsidiary firm, Jianxi Jinko on Shanghai’s Sci Tech Innovation Board (STAR market). The subsidiary, Jianxi Jinko, in fact saw its stock price more than double on day 1 of trading. It had issued 2 billion shares at RMB 5.00, or $0.79, […] Read more
Industry Welcomes Govt Move To Simplify Rooftop Solar Installation Updated On Tue, Jan 25th, 2022 by Saurenergy Last Friday’s (Jan 21) announcement by the Power ministry on rooftop solar guidelines and implementation have been welcomed by industry. While this is by no means unexpected, considering how the new guidelines seek to push more discretion in the hands of the buyer and pushes for faster response from operating and regulating agencies, it remains […] Read more
