KKR’s Indian Renewable Venture ‘Virescent’ Assigned ‘AAA’ Rating by CRISIL Updated On Thu, Feb 11th, 2021 by Saurenergy VRET the InvIT proposed by KKR-backed Indian RE platform Virescent Infrastructure has received a ‘AAA/Stable’ provisional rating from CRISIL Virescent Renewable Energy Trust (VRET), the Infrastructure Investment Trust (InvIT) proposed to be launched by KKR-backed Indian renewable energy platform Virescent Infrastructure, has received a ‘AAA/Stable’ provisional rating for its bank loan facilities from CRISIL, an […] Read more
Jupiter Power Announces 652 Megawatt Hours of Battery Storage Projects Updated On Wed, Feb 10th, 2021 by Saurenergy Jupiter Power will build six stand-alone, utility-scale battery storage projects this year, totaling 652 MWh of energy storage capacity. Utility-scale energy storage company Jupiter Power has announced it will build six stand-alone, utility-scale battery storage projects this year, totaling 652 megawatt hours of energy storage capacity. The projects consist of three 200-megawatt-hour projects and three […] Read more
Renesola to Enter in Solar Rooftop Projects in China & South Asia Under New Brand “Eversola” Updated On Tue, Dec 22nd, 2020 by Saurenergy On December 17, ReneSola, a world reputed Solar PV Module manufacturer announced that they have decided to enter into Solar PV rooftop markets in China & other south Asian countries. This targeted project business will be under a new brand “Eversola” which will enjoy the legacy of 20GW of global SPV product supply and the […] Read more
Seraphim to Set Up 750 MW Module Production Factory in Vietnam Updated On Wed, Dec 9th, 2020 by Saurenergy Solar products manufacturer Seraphim Solar has announced its investment in a 750 MW module assembly factory in Vietnam. The global supply capability of Vietnam’s enterprise resilience will get enhanced by using Seraphim’s 500W S3 series half-cell modules and 250W S4 series half-cell modules. Jun Zhuge, Executive Vice President of Seraphim, commented, “This factory is designed […] Read more
TEXEL Signs an Agreement with ASU to Move new Battery Tech Towards Commercialisation Updated On Wed, Nov 25th, 2020 by Saurenergy The battery technology development company, TEXEL Energy Storage (TEXEL), and Arizona State University (ASU) have signed a cooperation agreement with the purpose to bring a new battery technology towards commercialization in the United States. The new battery technology that is originally developed by Savannah River National laboratory (SRNL), is potentially much more cost effective than Lithium-Ion batteries in […] Read more
Azure Power Posts Q2 2020 Financial Results Updated On Wed, Nov 11th, 2020 by Saurenergy Azure Power Global Limited, India’s only solar power producer listed in the US markets, has announced its consolidated results under the United States GAAP for the fiscal second quarter 2021, period ended September 30, 2020. Fiscal Second Quarter 2021 Period Ended September 30, 2020, Operating Highlights: • Operating Megawatts (“MW”) were 1,834 MWs, as of September 30, […] Read more
Global Solar Installations to hit 115 GW in 2020, Only 4.9 GW for India: WoodMac Updated On Wed, Oct 28th, 2020 by Saurenergy As global solar PV markets continue to weather the challenges posed by the pandemic, solar PV installations are expected to hit 115 GW dc this year. As global solar PV markets continue to weather the challenges posed by the coronavirus pandemic, solar PV installations are expected to hit 115 GW dc this year, according to […] Read more
PXIL Celebrates 12th Year Anniversary with Cumulative Volume Growth Updated On Thu, Oct 22nd, 2020 by Saurenergy Power Exchange India Ltd (PXIL) has notched up significant market share in electricity trading during the last few months. Ever since the jump-start of Day Ahead Spot (DAS) from August 25, 2020, there has been consistent participation from the most active participants in the market. The price formation has demonstrated convergence, even with small volumes […] Read more
Non China Solar Brands Eye Opportunities Updated On Wed, Sep 30th, 2020 by Saurenergy As the focus shifts to alternatives to made in China brands, domestic as well as other international brands sense an opportunity to grow faster in the Indian market Solar has been one of those few sectors where we can be proud of our achievements, thanks to special attention it received from the government. But even […] Read more
