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
Top 5 Challenges for Solar Financing in India Updated On Mon, Feb 12th, 2024 by Saurenergy While the tide has clearly turned in favour of more and better financing for solar, it’s instructive to understand just why it was not happening till now. We listed down all the top reason cited by financiers, to build this list of top 5. Understanding Solar. A key issue is the limited understanding of solar […] Read more
TPREL Makes A Solar Debut at Asia’s Largest Tea Estate Updated On Fri, Feb 2nd, 2024 by Saurenergy Recently, Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Limited, successfully commissioned a 1040 kW Bifacial Solar System project with Chengmari Tea Estate, said to be Asia’s largest tea estate in Jalpaiguri, West Bengal. This marks the first-ever installation of on-ground bifacial modules in eastern India. The project involved the installation […] Read more
JVVNL To Reduce Timeline For Net metering To 18 days For Rooftop Solar Updated On Fri, Feb 2nd, 2024 by Saurenergy Jaipur Vidyut Vikas Nigam Limited (JVVNL) has planned to decrease the timeline for net-metering procedures to 18 days to expedite the process of rooftop solar installations in the city. It comes at a time when the Union government has also put a thrust on boosting rooftop solar installations through the newly announced Pradhan Mantri Suryodaya Scheme. At […] Read more
BUDGET: Solar Industry Wants Funds For RTS, Lower GST On Equipment Updated On Thu, Feb 1st, 2024 by Saurenergy As Union Finance Minister Nirmala Sitharaman is all set to announce the Union Budget today in Lok Sabha, the solar industry is anticipating several announcements for the sector. Several industry experts anticipate announcements that could support the industry. However, most of the solar industry experts who spoke on the issue talked about reduced taxes for […] Read more
Oxford PV Achieves 25% Solar Cell Efficiency; Claims World Record Updated On Wed, Jan 31st, 2024 by Saurenergy Oxford PV, a British firm pioneering advanced photovoltaic cell technology, has claimed to have achieved a remarkable 25% conversion efficiency, surpassing the typical 24% efficiency of commercially available silicon-based solar cells. Oxford PV says that this is now a new world record in solar panel efficiency. Solar modules employing these higher efficiency cells yield greater […] 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
Neoen Starts Building 24.7 MWp Three Solar Farms in Italy Updated On Wed, Jan 24th, 2024 by Saurenergy Neoen, a renewable energy production company, launched the construction of its first three assets in Italy in December 2023. These three solar farms, with a combined capacity of 24.7 MWp, are located in Lombardy (8 MWp and 7.6 MWp), and Marche (9.1 MWp). The contract for their construction has been awarded to solar EPC system […] Read more
FIMER Inverters Light Up Ayodhya’s 40 MW Solar Plant Updated On Fri, Jan 19th, 2024 by Saurenergy Solar inverter company FIMER announced supplying its 5 MVA inverters to Jakson Green for a 40MW Ayodhya Solar PV Project, developed by NTPC Green Energy Ltd. Jakson provided a total of 104,580 solar panels for the project. Ayodhya is now all set to host the consecration of its Ram Temple on January 22. The state […] Read more