Azure Power Secures $163 Million Investment for 300 MW Solar Project Updated On Fri, Jul 2nd, 2021 by Saurenergy NYSE listed Azure Power, has secured a USD 163 million investment led by Tokyo-headquartered Mitsubishi UFJ Financial Group (MUFG). This investment is five-year syndicated financing for a 300 MW solar plant to be developed in Rajasthan. With this, Azure follows Adani Green energy in getting MUFG on board. MUFG is the third renewables project financing […] Read more
RERC Extends Implementation of New Rooftop Solar Rules Till Mid Sept Updated On Fri, Jul 2nd, 2021 by Saurenergy The Rajasthan Electricity Regulator Commission (RERC) has extended the the implementation date of new net metering norms for solar rooftop projects, which benefit only household consumers and bars commercial projects with over 10 kilowatt capacity, from July 1, 2021, to September 15, 2021. Under net metering, the consumer uses cheaper rooftop solar power instead of the […] Read more
EXIM Bank Extends $40 M to Togo to Power 350 Villages with Solar PV Updated On Wed, Jun 30th, 2021 by Saurenergy Export-Import Bank of India has, on behalf of the Government of India, extended a Line of Credit (LOC) of USD 40 million to the Government of Togo for the purpose of the electrification of 350 villages in Togo through solar photovoltaic systems. India has been on a major outreach among developing countries ever since it […] Read more
Saatvik Green Energy Wins BHEL’s 141.76 MW Solar Modules Order Updated On Wed, Jun 30th, 2021 by Saurenergy Indian module manufacturers, Saatvik Green Energy Pvt. Ltd. has won a 141.76 MW Solar modules tender from Bharat Heavy Electricals Limited (BHEL). BHEL floated the tender for their 100 MWac Gujarat State Electricity Corporation Ltd (GSECL) Raghanesda Ultra Mega solar park in Gujarat. Saatvik Green Energy secured the bid in a reverse bidding auction while […] Read more
Wind & Solar to Produce 90% Electricity in North America by 2050: NARIS Updated On Wed, Jun 30th, 2021 by Saurenergy Canadian Renewable Energy Association (CanREA) has welcomed the release of the North American Renewable Integration Study (NARIS), considered to be the most comprehensive long-term analysis of power system evolution to date on the North American grid. NARIS shows that, between now and 2050, solar energy and wind energy are poised to contribute the greatest proportion […] Read more
Soltec Nets Statkraft Deal For 234 MW Solar Projects in Spain Updated On Wed, Jun 30th, 2021 by Saurenergy The Spanish manufacturer and supplier of solar trackers, Soltec has agreed to terms with Europe’s renewable energy company Statkraft for the development of four solar projects in Cadiz in southern Spain with a total capacity of 234 MW. According to the firms, four projects being constructed this year and expected to generate 500GWh of clean […] Read more
Sterling and Wilson Solar Q4 2021 Results-Heavy Losses Updated On Wed, Jun 30th, 2021 by Saurenergy The Shapoorji Pallonjee Group’s Sterling and Wilson Solar, on Tuesday, announced their March results and the story is not good. Having already informed exchanges about hits the firm took in the quarter from a contractor’s bankruptcy, and other issues, the firm slipped into losses for the year. The firm had earlier issued a warning regarding […] Read more
Trina Solar’s 670W Vertex Modules Certified for Extreme Snow-Load Updated On Tue, Jun 29th, 2021 by Saurenergy China’s solar panel manufacturers, Trina Solar has completed non-uniform snow-load testing at the China General Certification (CGC) East China PV Testing Center with its new-generation Vertex 670W modules. The data demonstrate the critical snow-load of Trina Solar’s five modules exceeded 6,600 Pa, getting up to 7,000 Pa, equivalent to the pressure generated by 2.8 meters […] Read more
JinkoSolar & Canadian Solar Subsidiaries Apply to Get Listed on SSE Updated On Tue, Jun 29th, 2021 by Saurenergy Major solar module manufacturing firms JinkoSolar Holding Co., Ltd. and Canadian Solar Inc. announced yesterday the submission of application documents for a potential initial public offering and listing on the Shanghai Stock Exchange‘s Sci-Tech innovation board (the STAR Market), a stock exchange intended to support innovative companies in China, by their subsidiaries. Both the companies revealed their […] Read more
