Rayzon Solar Eyes 2500 MW in India, 500 MW Capacity in USA Updated On Tue, Apr 4th, 2023 by Saurenergy Solar manufacturing firm Rayzon Solar claims to have become the first Indian firm to manufacture and produce solar panels in the USA. Currently on an expansion spree, Rayzon Solar has set sights on augmenting its manufacturing capacity to 2500 MW in India and to start manufacturing of 500 MW in the USA. Under its expansion […] Read more
India To Become World’s Second-Largest Solar PV Manufacturer By 2026: Study Updated On Tue, Apr 4th, 2023 by Saurenergy A recent joint study by the Institute of Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics claims that India will likely become the second-largest solar photovoltaic (PV) module manufacturer by 2026. The report claimed that India’s total module manufacturing capacity more than doubled from 18 Gigawatt (GW) in March 2022 to 38 GW […] Read more
EDP Renewables Order 1.8 GW of First Solar Modules Updated On Thu, Mar 30th, 2023 by Saurenergy First Solar and EDP Renewables (EDPR) have announced a multi-year order for 1.8 GWdc of First Solar’s advanced thin film PV solar modules. The modules will be delivered up to 2028 and will power US projects developed by EDP Renewables North America. EDP Renewables currently operates 475 MW of solar projects in USA, has 1.6 […] Read more
Solar PLI Tranche 2 Allocations Released, 48 GW Of Domestic Manufacturing Capacity By 2025-26 Updated On Tue, Mar 28th, 2023 by Saurenergy The government of India has allocated 39600 MW of domestic Solar PV module manufacturing capacity under PLI (Tranche-II), or the Solar PLI scheme to incentivise domestic manufacturing. The PLI or Performance Linked Incentive scheme offers financial incentives to manufacturers for meeting specific milestones in sales, linked indirectly to capacity creation. The PLI (Tranche-II) is expected […] Read more
We are exploring USA, Europe and Africa markets for exports too: Hiten Parekh, CBO, Navitas Solar Updated On Tue, Mar 28th, 2023 by Saurenergy Surat-based solar module manufacturing company, Navitas Solar has onboarded Hiten Parekh as its Chief Business Officer. Parekh’s professional experience includes 24 years spent in both India and abroad in various industries. He has ten years of industry experience in the solar sector. His perseverance in the solar industry, has earned Parekh the reputation of top […] Read more
New ALMM Guidelines for Solar Modules Under Co-branded Agreement Updated On Fri, Mar 24th, 2023 by Saurenergy Introduced with an aim to give an impetus to domestic manufacturing, the mandate of Approved List of Models and Manufacturers (ALMM) is a list of models and manufacturers of solar modules that have received an approval from the MNRE (Ministry of New and Renewable Energy) for solar projects in India. Only the (domestic) manufacturers in […] Read more
India’s Solar Self Sufficiency Dreams Move Ahead With Solar PLI II Bids Updated On Mon, Mar 6th, 2023 by Saurenergy Confirmations on the bidders for the phase 2 solar PLI (Performance Linked Incentives) scheme of the government are in, with Reliance Industries Limited (RIL), leading a host of companies that have bid for a slice of the incentives. In the guidelines for the second phase of the solar PLI scheme where Rs 19,000 crore has […] Read more
PGVCL Invites Proposal for 921 MW Solar Projects Under PM-KUSUM Component C Updated On Wed, Mar 1st, 2023 by Saurenergy Paschim Gujarat Vij Company (PGVCL) has invited proposals for the development of 921 MW of solar projects under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program. The last date for submitting online bids is March 17, 2023 The scope of work in the project involves- Converting 11 kV feeders […] Read more
The 5 Questions 2023 Could Answer for Renewable Energy in India Updated On Tue, Feb 21st, 2023 by Saurenergy India has over 174 GW of installed renewable capacity, including large hydropower at the conclusion of December 31, 2022. Solar power constituted the largest share of about 64 GW of the total. Wind power (41.9 GW), large hydro (46.85 GW), biomass/co-generation (10.2 GW), small hydro power (4.93 GW), and waste to energy with 0.52 GW […] Read more
