August ALMM Brings 4 GW Fresh Capacity Along with 8 New Manufacturers Updated On Tue, Aug 23rd, 2022 by Saurenergy The ALMM (Approved List of Module Manufacturers) list for Indian domestic manufacturers has been updated by the ministry of new and renewable energy. The latest update lists 66 companies in total, including 8 new module manufacturers with a cumulative capacity of 3,976 MW. Overall capacity has risen to just over 18 GW now. Rajasthan Electronics […] Read more
Major APTEL Relief For Maharashtra Wind Developers Updated On Mon, Aug 22nd, 2022 by Saurenergy In an order marked as much by the final order as adverse comments and notings on two key Maharashtra government undertakings, namely MSEDCL and MEDA, APTEL (Appellate Tribunal for Electricity) has provided relief to multiple wind developers in the state. In doing so, APTEL has also seen fit to note that even MERC (Maharashtra Electricity […] Read more
India Added 1.9GW Of RE Open Access Capacity In FY22 Updated On Thu, Aug 18th, 2022 by Saurenergy The falling costs of renewable energy and the decarbonisation goals of commercial and industrial consumers are driving the uptake of renewable energy open access power. The renewable energy open access (OA) market, which has been expanding in almost all key renewables-rich states in recent years, will continue to overcome policy hurdles to grow organically in […] Read more
Oil Company Gulf Energy Sells 50% Stake In German Wind Farm Updated On Thu, Aug 18th, 2022 by Saurenergy Leading oil company Gulf Energy Development Public Company Limited has notified the Stock Exchange of Thailand that that it is divesting more than 50 per cent stake in its Germany based wind farm. The disinvestment is taking place at EUR 305 million. Gulf Energy said that through its wholly owned subsidiary, Gulf International Holding Pte. […] Read more
Rethink Energy Predicts An End To Polysilicon Pain In 2023 Updated On Tue, Aug 16th, 2022 by Saurenergy The price of polysilicon is to fall steeply from the start of 2023, according to new Rethink Energy research tracking production capacity expansion plans announced by 19 Chinese companies. That, if it happens, will indeed be a relief for a solar sector buffeted by price volatility since 2021, a lot of it linked to polysilicon […] Read more
Going Solar? Know Your Energy Metering Options Updated On Tue, Aug 16th, 2022 by Saurenergy It’s necessary for a prosumer, who is going to install a solar system, to understand the relevant vocabulary before choosing the best energy metering option. Of course, in India, chances are you won’t really have a choice, as your options will be dictated by whatever is allowed in your region or state. For starters, a […] Read more
GUVNL Issues Request for Selection For Pilot Projects in Gujarat Updated On Mon, Aug 15th, 2022 by Saurenergy Gujarat Urja Vikas Nigam Limited (GUVNL) has invited a Request for Selection (RfS) for setting up of Pilot Projects of 500 MW/1000 MWh Standalone Battery Energy Storage Systems in Gujarat under Tariff-Based Global Competitive Bidding (Phase-I). The last date to submit the bid is “Applicable as per NIT on the ISN-ETS portal”. This GUVNL 500 […] Read more
Enfinity Global Raises $242 Million Funding For Solar Plants Updated On Tue, Aug 9th, 2022 by Saurenergy Enfinity Global, a provider of sustainability and renewable energy services with headquarters in Belgium, has obtained $242 million funding (about ¥29 billion) in long-term financing for three utility-scale solar PV projects in Japan that were just finished and have a combined capacity of 70 MW. Under the feed-in-tariff (FIT) arrangement, the power plants have 18 […] Read more
Project Solar Raises $23 Million Series A For Digital Solar Offering Expansion Updated On Mon, Aug 8th, 2022 by Saurenergy Project Solar, a US based and America focused firm for solar installations, has shared that it has concluded a $23M Series A financing round. New-York based capital venture firm, Left Lane Capital, led the round along with strategics from the industry. The investment will be the first institutional capital for Project Solar that will be […] Read more