India Most ‘Cost-effective’ in Rooftop Solar Power; Beats China, UK & US Updated On Fri, Oct 22nd, 2021 by Saurenergy A global study has found that India is the most cost-effective country for generating rooftop solar energy at USD 66 per megawatt-hour, while the cost in China is marginally higher at USD 68 per megawatt-hour. Due to the lower cost, rooftop solar photovoltaics (RTSPV) technology, such as roof-mounted solar panels used in homes, and commercial […] Read more
DIF Capital Becomes Majority Shareholder in Solar Platform ib vogt Updated On Thu, Oct 21st, 2021 by Saurenergy DIF Capital Partners (DIF), a global independent infrastructure investment fund manager, through its fund DIF Infrastructure VI, has reached an agreement to acquire a 51% stake in ib vogt GmbH, a developer of utility-scale PV solar, from its current 100% shareholder DVV. ib vogt has a total solar capacity, built or in construction, of over 2.2 […] Read more
NTPC REL Invites EoI for 15 GW of Solar Modules Updated On Wed, Oct 20th, 2021 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has invited an Expression of Interest (EoI) from domestic manufacturers for providing approximately 15 GW of solar modules upto a cumulative period of minimum five years. The last date to submit the EoI is November 8, 2021, the responses will be opened on the next day. The sourced modules […] Read more
US Residential Solar Financier GoodLeap Raises $800m Updated On Mon, Oct 18th, 2021 by Saurenergy GoodLeap is set to expand beyond solar into the broader market for sustainable home improvement, options for carbon reduction and in the medium to long term, even EV’s and EV charging stations. The $800 m fund raise was led by MSD Partners, besides existing shareholders. With this fund raise, Goodleap’s valuation has risen to $12 […] Read more
At 2256MW, Gujarat adds Most Solar, Wind Capacity b/w July’20 & June’21 Updated On Thu, Oct 14th, 2021 by Saurenergy India added a total of 6,530 mega watt (MW) of solar and wind capacities between July 2020 and June 2021, according to a report released yesterday by Bridge to India, a renewable energy consultancy and knowledge services provider. Gujarat added 2,256 MW capacity, the highest capacity during the said period, followed by Rajasthan and Uttar Pradesh […] Read more
Tata Power Solar to Set Up 100 MW Solar Projects in Maharashtra Updated On Tue, Oct 12th, 2021 by Saurenergy Tata Power Solar, one of India’s largest integrated solar companies and a wholly-owned subsidiary of Tata Power, has received Letter of Award (LoA) to build 100MW of distributed ground mounted solar projects for Energy Efficiency Services Limited (EESL). The total order value of projects is ÌNR 538 crores. The commissioning date of the projects is […] Read more
Global Microgrids Market to Reach $46 B by 2026, China to be at $12 B Updated On Tue, Oct 12th, 2021 by Saurenergy Global market for microgrids estimated at US$27 billion in the year 2020, is projected to reach a revised size of US$46.5 billion by 2026, growing at a CAGR of 9.3% over the period, according to a new report. Key highlights of the “Microgrids: Global Market Trajectory & Analytics” report are given below: Global Micro Grids Market to […] Read more
Solar Module Prices Hit 2 Year highs, Gap Between Multi, Mono-Perc Widens Updated On Tue, Oct 12th, 2021 by Saurenergy Solar Module prices in China’s ‘spot’ market continued to rise further at the end of the China National Day Holiday Weekend. Thus, the price trend continues unabated from before, with no immediate sign of respite. We had reported last week on how the top 5 Chinese manufacturers had urged developers to go slow, or defer […] Read more
It’s Shopping Sunday For Reliance With 40% Stake in Sterling And Wilson Solar Updated On Sun, Oct 10th, 2021 by Saurenergy In a Stock exchange filing today, Sterling and Wilson Solar has informed the exchange about the signing of definitive agreements by Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries Ltd (Reliance), and Shapoorji Pallonji and Company Private Ltd (SPCPL), Khurshed Daruvala and Sterling and Wilson Solar Ltd (SWSL) to acquire 40.0% […] Read more