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
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
CubicPV Blames Collapsing Prices To Abandon 10GW Solar Wafer Plant In US Updated On Fri, Feb 9th, 2024 by Saurenergy US solar cell and module manufacturer CubicPV has abandoned its plans for a 10GW solar wafer manufacturing facility in the US and is “restructuring” its business to focus on its tandem technology module development. Plans for the 10 GW facility to manufacture wafers using CubivPVs core silicon and perovskite technologies to provide semiconductor combination for […] Read more
Hindalco Inds Contracts For Renewable Energy From 100 MW Ayana Renewable Project Updated On Tue, Feb 6th, 2024 by Saurenergy Hindalco Industries Limited an Indian aluminum and copper manufacturing company, and a subsidiary of the Aditya Birla Group acquired 26% stake in Ayana Renewable Power (ARPFPL) a renewable energy company. The stake hold is a mandatory requirement when a firm contracts with an IPP for captive power requirements from a dedicated project. IPPs incorporate special […] Read more
Solar Power Generation In Europe To Rise by 50 TW in 2024, Germany To Lead The Way Updated On Mon, Feb 5th, 2024 by Saurenergy The solar photovoltaic (PV) energy generation will spike by about 50 terawatt-hours (TWh) in 2024 in Europe due to major capacity installations across the region, predicts a report by Rystad Energy. The report also suggests that Wind power generation is also expected to increase in 2024. However, the growth rate will not match last the […] Read more
Tata Power Solar Cross ₹ 3,500 Cr Customer Financing Bolstering Solar Adoption Updated On Mon, Feb 5th, 2024 by Saurenergy Tata Power Solar Systems Limited (TPSSL), wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has said that it has facilitated over ₹ 3,500 crore of customer financing for solar projects during the last 4.5 years. This has led Tata Power to emerge as the nation’s most preferred green energy partner which is mainstreaming the […] Read more
Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion: BloombergNEF Updated On Thu, Feb 1st, 2024 by Saurenergy The latest report on Energy Transition published by energy think tank BloombergNEF said that the global investment in the low-carbon energy transition surged 17% in 2023, reaching $1.77 trillion. The report titled, ‘Energy Transition Investment Trends 2024 ‘, said that this number is a new record level of annual investment and demonstrates the resilience of […] Read more
BUDGET: Solar Industry Wants Funds For RTS, Lower GST On Equipment Updated On Thu, Feb 1st, 2024 by Saurenergy As Union Finance Minister Nirmala Sitharaman is all set to announce the Union Budget today in Lok Sabha, the solar industry is anticipating several announcements for the sector. Several industry experts anticipate announcements that could support the industry. However, most of the solar industry experts who spoke on the issue talked about reduced taxes for […] Read more
Oxford PV Achieves 25% Solar Cell Efficiency; Claims World Record Updated On Wed, Jan 31st, 2024 by Saurenergy Oxford PV, a British firm pioneering advanced photovoltaic cell technology, has claimed to have achieved a remarkable 25% conversion efficiency, surpassing the typical 24% efficiency of commercially available silicon-based solar cells. Oxford PV says that this is now a new world record in solar panel efficiency. Solar modules employing these higher efficiency cells yield greater […] Read more
