CSC & Tata Power to set up 10,000 Solar Microgrids Across Rural India Updated On Fri, Apr 16th, 2021 by Saurenergy CSC has announced a collaboration with Tata Power to set up solar-powered microgrids and water pumps in rural areas across India. The government’s e-governance services arm CSC has announced a collaboration with Tata Power to set up solar-powered microgrids and water pumps in rural areas across the country. To begin with, Tata Power has proposed to set up […] Read more
At 0.88% of all Vehicle Registrations, EVs Record Their Highest Share in Indian Market Updated On Thu, Apr 15th, 2021 by Saurenergy According to the CEEW-CEF, registrations for EVs accounted for 0.88% of all registrations in the last fiscal- the highest share ever achieved. According to the CEEW Centre for Energy Finance’s (CEEW-CEF) electric mobility dashboard, the e-mobility sector in India has been slowly pulling itself out of the COVID-19 induced slump recording nearly 1.35 lakh electric vehicle […] Read more
IKEA’s First Investment in Russia’s Solar Projects Covers 160 MW Updated On Wed, Apr 14th, 2021 by Saurenergy Ingka Group, the largest IKEA retailer, has announced that its investment arm, Ingka Investments, will fund 160 MW of solar projects, worth $272 million, in south-west Russia, so as to accelerate its investment in renewable energy. The Netherlands-based company has signed an agreement with Solar Systems, LLC, to acquire a 49% stake in its eight […] Read more
JinkoSolar Reports 31.4 % Increase in Shipments in FY20, Revenue up 18% Updated On Mon, Apr 12th, 2021 by Saurenergy JinkoSolar has revealed that despite ‘extreme challenges’ it managed to bump up its annual shipments to 18.77 GW in FY 2020. The firm also ran into losses for the fourth quarter. JinkoSolar, one of the largest solar module manufacturers in the world, has recently announced its financial results for the financial year 2020 (FY20) ended […] Read more
Canadian Solar Starts Construction on 143 MWp of Solar Projects in Japan Updated On Thu, Apr 8th, 2021 by Saurenergy Canadian Solar announced today that it has commenced construction on four solar projects in Japan totaling 143 MWp. This portfolio includes Canadian Solar’s flagship mega-project, the 100 MWp Azuma Kofuji project located in the Fukushima Prefecture, and other projects totaling 43 MWp in the Ibaraki and Hiroshima Prefectures. Azuma Kofuji 100 MWp The Azuma Kofuji project is Canadian Solar’s largest […] Read more
At ₹3.85, CERC Approves 7% Hike in APPC for Open Access Solar in 2020-21 Updated On Thu, Apr 8th, 2021 by Saurenergy In its order notified last week, the Central Electricity Regulatory Commission (CERC) has set the national Average Power Purchase Cost (APPC) for open access at ₹3.85/kWh. This implies that for wind or solar generators that are regional entities and selling power under open access, which is not accounted for RPO compliance of obligated entities, and […] Read more
PLI Scheme for Solar Manufacturing Finally Gets Cabinet Approval Updated On Wed, Apr 7th, 2021 by Saurenergy Yet another piece in India’s solar manufacturing ambitions fell into place today with the union cabinet, chaired by Prime Minister Narendra Modi, approving the Ministry of New & Renewable Energy’s proposal for the implementation of the Production Linked Incentive (PLI) Scheme ‘National Programme on High-Efficiency Solar PV (Photo Voltic) Modules’ for achieving manufacturing capacity of […] Read more
iSun Enters Large-Scale Utility Solar EPC Business With Latest Acquisition Updated On Wed, Apr 7th, 2021 by Saurenergy iSun, Inc. Enters Large Utility Solar EPC Business; Acquires Intellectual Property of Oakwood Construction Services, Inc. iSun, Inc., a leading solar energy and clean mobility infrastructure company with 50 years of construction experience for solar, electrical, and data services, today announced that it has acquired all of the intellectual property of Oakwood Construction Services, Inc., […] Read more
Even As Solar Glass Prices Retreat, Price Pressures To Continue On Modules in 2021 Updated On Wed, Apr 7th, 2021 by Saurenergy The year 2020 was highly profitable for solar glass manufacturers everywhere. Not because they sold more, but because they could get much higher prices for their output. After being range bound for all of 2019 and right upto August 2020 between RMB 25-27 (1 RMB = Rs 11.3), solar glass prices shot up to a […] Read more
