33 GW Solar In Sight In US For 2023, With 6.5 GW Additions In Q3 Updated On Tue, Dec 12th, 2023 by Saurenergy The U.S. solar industry added 6.5 gigawatts (GW) of new electric generating capacity in Q3 2023, a 35% year-over-year increase as federal clean energy policies begin to take hold. As a result of this growth, the United States is expected to add a record 33 gigawatts (GW) of solar capacity in 2023, according to the […] Read more
Romania Joins As The 118th Member Country Of International Solar Alliance Updated On Fri, Dec 8th, 2023 by Saurenergy In a big boost to accelerate global adoption of solar energy, Romania officially joined the International Solar Alliance (ISA) as its 118th member country, signalling a robust commitment to advancing solar energy and contributing to global climate action. Romania, under the leadership of H.E. Mr. Klaus Werner Iohannis, President of Romania, formally signed the framework […] Read more
Solar Inverter Firm INVTSolar Launches Single-Phase-MPPT Inverter Updated On Fri, Dec 8th, 2023 by Saurenergy Global solar inverter company INVTSolar launched its latest product, XG1-5kW-S on-grid solar inverter, at the State Business Meet 2023 held at Ahmedabad in Gujarat. The firm had a product unboxing and recommendation event that encouraged the inverter for idea exchange and gaining attention. The solar inverter company also bagged the ‘Most Innovative Product Launch – […] Read more
Solar Became Cheapest Fuel Source For Newly-Built Power Systems: EY Updated On Thu, Dec 7th, 2023 by Saurenergy The latest report by Ernst and Young (EY) claimed that solar energy emerged as the cheapest fuel source for newly built power systems globally, fueling a faster energy transition. The report said that despite the challenges like inflation and price rises, solar power seemed to be the leader. It claimed that with its lowest Levelized Cost […] Read more
NTPC Looks for Power Generators for Supply of 1500 MW Solar-Wind Projects Updated On Thu, Dec 7th, 2023 by Saurenergy NTPC Ltd. has issued a tender and invited online bids from eligible bidders on Single Stage Two Envelope (that is, envelope-I: technical bid and envelope-II: financial bid) with reverse auction for the selection of hybrid power generators for the supply of 1500 MW power from ISTS connected -solar-wind hybrid power projects anywhere in India (NTPC-Tranche-IV) […] Read more
SECI Invites Bids for 400 MWp Domestically Manufactured Solar Modules Updated On Tue, Dec 5th, 2023 by Saurenergy SECI has issued a tender for the manufacturing, testing, packing and forwarding, supply and transportation of 400 MWp domestically manufactured solar PV modules with domestically manufactured solar cells. The last date for the bid submission is December 23, 2023. Bidding opens on the same day, that is, December 23, 2023. The total capacity of PV […] Read more
IEX Power Market Update for November 2023 Updated On Tue, Dec 5th, 2023 by Saurenergy Indian Energy Exchange (IEX), India’s largest power trading exchange, had a strong November, achieving 9,136 MU overall volume, including 7.55 Lac Renewable Energy Certificates (RECs) (equivalent to 755 MU), marking a 17.5% increase on YoY basis. IEX achieved 8,371 MU total electricity volume in November 2023, registering an increase of 13% on YoY basis. However, […] Read more
Solar Capital Cost 11 Times Higher In Developing Countries: IEA Report Updated On Mon, Dec 4th, 2023 by Saurenergy A recent report by the International Energy Agency (IEA) finds that the cost of capital, required to make investment in solar energy in developing economies to be high. The report attributed this to the challenges such as, cost of capital in developing economies, less developed capital markets, fewer projects, and a lack of transparency around […] Read more
SGEL Looks to Buy Land for 200 MW Solar Project Updated On Mon, Dec 4th, 2023 by Saurenergy SJVN Green Energy Limited (SGEL), a subsidiary of SJVN, has issued a tender to buy or lease 1,000 acres of land in Punjab for the construction of a 200 MW solar power project. This is for a period of 28 years. The last date to submit bids for the tender for land for the 200 […] Read more
