Hungary Plans to Fully Rely on Renewable Energy by 2030 Updated On Fri, Nov 30th, 2018 by Saurenergy An estimated drop of 30% in the prices of photo-voltaic modules will give Hungary an opportunity to meet its renewable energy targets. Setting the right precedent, Hungary has announced that it aims to phase out the use of coal by 2030 and will be fully reliant on renewable energy for country’s energy needs. With a […] Read more
Rise of Renewable Energy to Put Competitive Pressure on Coal Plants: Fitch Updated On Thu, Nov 29th, 2018 by Saurenergy The report further said that the share of renewable energy sector will be further boosted by falling technology cost and increasing availability of cheaper finance. Despite the dominance of coal as a major source of electricity, a steady shift towards renewable energy is slated create competitive pressure on some thermal power plants, especially in developing […] Read more
European Commission Approves 600 Million Euros in State Aid to French Solar Projects Updated On Thu, Nov 29th, 2018 by Saurenergy The approval has been given under EU State aid rules which prohibits financial support by the government towards a business entity unless it is justified The European Commission has given its approval to a measure of providing stat sponsored financial support of 600 million euros innovative solar power installations in France. The approval has been […] Read more
Fortum to Install Sweden’s Biggest Battery to Support Grid Stability Updated On Wed, Nov 28th, 2018 by Saurenergy Over the past two years Fortum has tested a similar concept at its combined heat and power plant in Järvenpää. With a storage capacity of 6.2 megawatt-hours, Fortum will install Sweden’s biggest battery till date at Forshuvud hydropower plant. The battery system’s output is 5MW and the total cost of the system is approximately EUR […] Read more
JinkoSolar Hits Record High Shipment in Third Quarter Updated On Tue, Nov 27th, 2018 by Saurenergy Total revenues were $974.8 million, an increase of 10.5% from the second quarter of 2018 and an increase of 4.3% from the third quarter of 2017. JinkoSolar, a leading solar PV company, has announced its unaudited financial results for the third quarter that ended September 30, 2018. Total solar module shipments hit record high of […] Read more
Niger PM Brigi Rafini Inaugurates its First Ever Solar Plant Updated On Tue, Nov 27th, 2018 by Saurenergy Developed with the support of Indian government, the 7 MW facility is located near Malbaza, a rural village in central Niger. In a proud moment, Niger’s prime minister Brigi Rafini and the minister of energy Amina Moumouni have inaugurated the nation’s first solar power plant. Developed with the support of Indian government, the 7 MW […] Read more
Unregistered Solar Rooftops in Capetown to Face Penalty Updated On Tue, Nov 27th, 2018 by Saurenergy The city administration has taken this decision after witnessing a huge spike in solar rooftops installed in Cape Town posing a safety and a legal risk. Residents of Cape Two who are using rooftop solar installations will have to pay a hefty fine if they fail to get their solar installation registered by February next […] Read more
Neoen Commissions Australia Largest PV Solar Plant Updated On Tue, Nov 27th, 2018 by Saurenergy Connected to TransGrid’s transmission network, the 550 hectare solar park has a power purchase agreement of 12 years with EnergyAustralia. Neoen, a French renewable energy firm, has completed and started commercial operations at its 189MW Coleambally Solar Farm in New South Wales, Australia. Connected to TransGrid’s transmission network, the 550 hectare solar park has a […] Read more
Solar-Tectic Gets Patent for CZTS Thin Film Tandem Solar Cell Updated On Sat, Nov 24th, 2018 by Saurenergy The patent, US 10,062,792 titled “Method of Making a CZTS/Silicon Thin-Film Tandem Solar Cell,” is for high efficiency and cost effective earth abundant non-toxic solar cells, with the potential to surpass current dominant silicon wafer solar panel efficiencies as well as those of the commercially available thin-film solar cell technologies such as CIGS, CdTe, and […] Read more
