MNRE Shares Concept Note on Plan for one Solar City in Each State/ UT Updated On Mon, Dec 7th, 2020 by Saurenergy MNRE has shared a concept note per which each State should have at least one solar city where all houses have rooftop solar energy plants and all electricity needs of the city are fully met from solar energy or other renewable energy sources. The Ministry of New and Renewable Energy (MNRE) has shared a concept […] Read more
Sunnova Closes Securitization of Residential Solar Systems Updated On Mon, Dec 7th, 2020 by Saurenergy Sunnova Energy International, one of the leading U.S. residential solar and storage service providers, announced that it closed its securitization of leases and power purchase agreements on November 30, 2020. “We are pleased to report the closing of our most successful asset backed securitization to date,“ said William J. (John) Berger, Chief Executive Officer of […] Read more
Discoms’ Dues to Power Gencos Rises 29% YoY to Rs 1.38 Lakh Crore in October Updated On Mon, Dec 7th, 2020 by Saurenergy Discoms total dues owed to Gencos rose by over 29 percent year-on-year (YoY) to reach Rs 1.38 lakh crore in October 2020. Power Distribution Companies (Discoms) total dues owed to power producer i.e. generation companies (Gencos) rose by over 29 percent year-on-year (YoY) to reach Rs 1,38,187 crore (Rs 1.38 lakh crore) in October 2020. […] Read more
2 MW Solar Plant Sees Mizoram Enter India’s Solar Map Updated On Mon, Dec 7th, 2020 by Saurenergy With the commissioning of what is its 1st solar power plant, a 2 MW capacity system, Mizoram has entered its place on India’s solar power map. With the commissioning of what is its first solar power plant, a 2 MW capacity system, Mizoram has recently earned its place on India’s solar power map. Mizoram Power Minister R. Lalzirliana inaugurated […] Read more
India’s Leadership on Solar and Global Carbon Neutrality Goals can Help Achieve Climate Goals Updated On Mon, Dec 7th, 2020 by Saurenergy UN DSG Amina Mohammed has said that India’s leadership on solar is reason to believe that “we can achieve our climate goals.” UN Deputy Secretary-General Amina Mohammed has said that India’s leadership on solar and industry transition amidst over 110 countries committing to carbon neutrality goals by 2050 is reason to believe that “we can […] Read more
LONGi Becomes First Solar Brand to Exceed 20GW in module shipments in 2020 Updated On Sat, Dec 5th, 2020 by Saurenergy LONGi has set a new record for being the first solar brand to exceed 20GW in shipments of PV modules in 2020. Since its foundation in 2000, LONGi has always been market oriented and customer focused, continuously developing high-efficiency, high-reliability and high-quality solar products and PV solutions in order to provide customers with value-added services. […] Read more
Hanwha Q CELLS Intends to File PGR to Challenge Validity of Patent in REC Group Lawsuit Updated On Sat, Dec 5th, 2020 by Saurenergy Hanwha Q CELLS USA has replied to a lawsuit in the US District Court for the District of Delaware filed by REC Group (REC), a subsidiary of China National Chemical Corp. Hanwha Q CELLS has claimed that REC’s alleged complaints and the patent are without technical and legal merit. They stated that the technology mentioned […] Read more
As Battery Cell Prices Hit $110/KWH, Challenges Remain- Report Updated On Fri, Dec 4th, 2020 by Saurenergy According to Benchmark Mineral Intelligence’s study, Lithium-ion battery cell prices have decreased from $290/kWh in 2014 to $110/kWh in 2020 (large contract automotive), and there is a view in the lithium-ion industry that this trend will continue indefinitely. This in turn will lower the price of electric vehicles and bring cost parity between the internal […] Read more
Tata Power Secures LOI for Odisha’s WESCO and SOUTHCO Discoms Updated On Fri, Dec 4th, 2020 by Saurenergy Tata Power has received the LOI from OERC for the distribution and retail supply of electricity in Odisha’s WESCO and SOUTHCO region Tata Power, India’s largest integrated power utility, has announced that it has received the Letter of Intent (LOI) from the Odisha Electricity Regulatory Commission (OERC) for the distribution and retail supply of electricity […] Read more