Dramatic Fall in Cost of Funding Behind Record Breaking Solar Tariffs: IEEFA Updated On Tue, Jun 9th, 2020 by Saurenergy The cost of solar continued to decline during the pandemic, driven by dramatic falls in the capital cost of solar (solar module costs) and in the cost of funding. The Institute for Energy Economics and Financial Analysis (IEEFA) in a new report has detailed that despite the devastating impact of the COVID-19 pandemic, during the […] Read more
REC Group Wins Patent Infringement Case Filed by Hanwha Q Cells Updated On Mon, Jun 8th, 2020 by Saurenergy The US ITC had issued its Final Determination that REC Group’s products do not infringe the asserted claims of Hanwha Q-Cells’ US Patent 9,893,215 The REC Group, an international pioneering solar energy brand with Scandinavian heritage, has reported that on June 3, 2020, the United States International Trade Commission (ITC) had issued its Final Determination that […] Read more
Equinor Investing More in RE Projects Than all Other Oil Majors Combined Updated On Mon, Jun 8th, 2020 by Saurenergy More than half (55%) of the investments made by global oil majors in renewable energy projects are expected to be invested by a single company – Equinor. Investments in solar and wind (RE) energy projects by the world’s major oil majors until 2025 are expected to exceed USD 18 billion, a new analysis by Rystad […] Read more
Ingeteam Blows Past 50 GW Wind Energy Milestone Updated On Fri, Jun 5th, 2020 by Saurenergy Ingeteam, the Spanish technology Group specialized in electric power conversion, has confirmed commissioning 50 GW of electrical wind power conversion equipment to date. This includes sales of wind power converters and wind control cabinets. Ingeteam entered the wind industry in 1995 working on the development of variable-speed machines. They were the first manufacturer to launch […] Read more
Valmont Buys Majority Stake in Solbras – Energia Solar Updated On Fri, Jun 5th, 2020 by Saurenergy Valmont Industries, US-based engineering and irrigation equipment manufacturer, has purchased the majority stake in a Brazilian company, Energia Solar do Brasil (Solbras), a leader in photovoltaic (PV) energy sector. Now, with immediate effect, the company will market under the Valley brand – a Valmont company. However, the company didn’t disclose the deal amount. Valley Irrigation […] Read more
Delayed Solar Development in Japan amid Covid-19 Likely to Facilitate Coal Usage Updated On Fri, Jun 5th, 2020 by Saurenergy Amidst coronavirus crisis, electricity demand in Japan like other countries has dropped significantly and thus resulted in a decline in power prices. This drop in demand and rise in solar power generation eventually driving down the wholesale electricity prices, as revealed by the data & analytics company. According to GlobalData, the ongoing economic contraction, delays […] Read more
JinkoSolar Gets Favourable Decision in Hanwha Q CELLS Patent Infringement Case Updated On Fri, Jun 5th, 2020 by Saurenergy The US International Trade Commission has issued the final determination that JinkoSolar products do not infringe a patent asserted by Hanwha Q CELLS. Chinese solar PV cells and modules manufacturer, JinkoSolar has announced that the United States International Trade Commission (ITC) has issued a favourable final determination concluding that JinkoSolar’s products do not infringe a […] Read more
Enphase Energy Forays into Poland; Inks Distribution Pact with SmartX Updated On Thu, Jun 4th, 2020 by Saurenergy Enphase Energy, a solar microinverters specialist, has forayed into Poland via a distribution partnership with SmartX, a solar microinverters distributor in Poland. The company’s move of entering into Poland is significant as currently, the country has one of the top 5 solar markets in Europe, with an estimated installed capacity of over 1 GW. Commenting on the collaboration, Piotr Redkiewicz, […] Read more
Germany Raises Offshore Wind Power Goal to 40 GW in 20 Yrs Updated On Thu, Jun 4th, 2020 by Saurenergy The German Cabinet has passed a bill that would set a goal of 40 GW of offshore wind power capacity installation by 2040, marking a surge of almost five-fold. The move came as the German government wants to significantly surge its offshore wind energy capacity from current 7.5 GW (approx) to 40 GW as part […] Read more
