COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip Updated On Tue, Feb 13th, 2024 by Saurenergy Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar. Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […] Read more
Tata Power Q3 Results- EBITDA Up 15% to Rs 3250 crore Updated On Mon, Feb 12th, 2024 by Saurenergy Tata Power, one of the largest integrated utilities in the country, reporting its 17th consecutive quarter of PAT growth in its Q3 results. Better realisation in the core business segments consisting of Generation, Transmission & Distribution and Renewables, helped the Company grow its Q3FY24 reported PAT to Rs. 1,076 crore as compared to Rs. 1,052 […] Read more
IEEFA Cites Jharkhand Solar Policy To Support Blended Finance For DRE Updated On Fri, Feb 9th, 2024 by Saurenergy A recent report by Institute for Energy Economics and Finance (IEEFA) has put the spotlight on the role of blended finance as a medium to support transition to renewable energy in developing countries. The report defines blended finance as a medium to support scaling up financing for assets such as mini grids that have the […] Read more
Germany’s RWE To Build 1GW Solar Farm in Greece, Battery Storage Project in Netherlands Updated On Fri, Feb 9th, 2024 by Saurenergy Germany based renewable energy company RWE and Greek public firm PPC have announced their final investment decision for the construction of an additional photovoltaic project in the country. The plant will be built through their joint venture company Meton Energy. This solar farm is the last project of the 940 MWp (870 MWac) Amynteo portfolio, […] Read more
Trina Storage To Deliver 190MWh Storage To UK Solar Sites Updated On Thu, Feb 8th, 2024 by Saurenergy Trina Storage, a business unit of Trina Solar, has secured a deal to provide battery energy storage systems (BESS) for four UK solar power project sites operated by global Independent Power Producer Low Carbon. Trina Solar said that the systems will deliver approximately 190 MWh of total storage capacity. This would bring new arbitrage and […] Read more
Nextracker Accelerates Distributed Solar Generation, Delivers 600 Projects Updated On Thu, Feb 8th, 2024 by Saurenergy Nextracker, an integrated solar tracker and software solution provider, announced it has surpassed 600 projects delivered in its distributed generation (DG) portfolio. Driven by customers realizing significant energy gains using its NX Horizon™ solar tracker systems, Nextracker’s DG projects are deployed worldwide in commercial and industrial applications, including data centers, farming, retail, education, and manufacturing […] Read more
Recurrent Energy Secures $160 Mn For Solar Project, Microsoft as Customer Updated On Wed, Feb 7th, 2024 by Saurenergy Recurrent Energy, a subsidiary of Canadian Solar Inc., and a global developer and owner of solar and energy storage assets, announced that it has secured $160 million in project financing for its 127 MWdc Bayou Galion Solar project, located in Northeast Louisiana. Recurrent Energy said that the project is currently under construction and is expected […] Read more
Holtec Unveils Nuclear-Solar Hybrid Plant Design For Emission Reduction Updated On Mon, Feb 5th, 2024 by Saurenergy A United States (US) based company Holtec International which is an equipment and systems supplier for the energy industry recently developed a combined nuclear/solar plant (CNSP) power plant design. It melds the benefits of nuclear (high energy density, non-polluting, base load) with those of solar (zero fuel cost, minor regulatory barriers). It claims to be […] Read more
Hybrid Perovskite Solar Cells Achieve 26 Percent Efficiency: Researchers Updated On Mon, Feb 5th, 2024 by Saurenergy The United States (US) based team led by Northwestern Chemistry and Northwestern Engineering researchers have recently developed a method that moves hybrid perovskite solar cells (PSCs) closer to industry adoption and widespread use. The organic-inorganic hybrid (PSCs) solar cells have shown promise to produce renewable solar energy. In small samples, they have achieved a solar […] Read more
