Exicom Becomes Member of CharIN e.V. to Back Global Standard for EV Charging Updated On Tue, Jul 10th, 2018 by Saurenergy The motive behind the move is to continuously and competently advance the combined charging system (CCS) with an aim to establish this system in the global markets. One of the leading power & energy solutions provider Exicom Tele-Systems has become a core member of the Charging Interface Initiative (CharIN e.V.), an open coalition of world-class […] Read more
ADB Raises €600 Mn via Green Bond to Spur Climate Financing Updated On Mon, Jul 9th, 2018 by Saurenergy Further, the bond has a coupon rate of 0.35 percent p.a. payable annually and a maturity date of July 16, 2025. It was priced at 99.924 percent to yield 43 basis points (BPS) over the DBR 0.5 percent February 2025. Philippines-based Asian Development Bank (ADB) has raised €600 million to help finance climate change mitigation […] Read more
Ellomay Arm Inks EPC Pact with METKA for 300 MW Spanish Talasol Project Updated On Tue, Jun 19th, 2018 by Saurenergy This is a very significant milestone in the advancement of the Talasol project, which is expected to be one of the largest photovoltaic projects in Europe and one of the first projects to work on grid parity, that is, without subsidies, says Ran Fridrich. Israel-headquartered renewable energy company Ellomay Capital’s arm Talasol Solar has entered into an […] Read more
World Saw Largest Rise in Renewable Energy Capacity in 2017: Report Updated On Tue, Jun 5th, 2018 by Saurenergy Both energy demand and energy-related carbon dioxide emissions rose substantially for the first time in four years. In the power sector, the transition to renewables is underway but is progressing more slowly than is possible or desirable. The global power generating capacity has seen an exceptional rise in 2017 and the main source of the […] Read more
Rite Track to Expand Footprints in Scotland Updated On Wed, May 2nd, 2018 by Saurenergy In a move to bolster repair and technical capability in Europe, the company is partnering with Ntek Litho. US-based semiconductor equipment supplier Rite Track has opened its’ new European Repair Center (ERC) in Glasgow, UK (Scotland). In a move to bolster repair and technical capability in Europe, the company is partnering with Ntek Litho in a new state-of-the-art facility. […] Read more
Sungrow to Expand Footprints via 3 GW Prod Unit in India; First Outside China Updated On Wed, Apr 25th, 2018 by Saurenergy The move has come as the company aimed to strengthen its global delivery capability by establishing a new factory. China-based solar inverter supplier, Sungrow will set-up its new 3 GW production factory of central and string inverters in Bangalore, India. The company’s most of its production facilities are based in China and its Bangalore facility will be the […] Read more
CMEC to Invest €230 mn in Solar Plant Construction in Ukraine Updated On Mon, Apr 9th, 2018 by Saurenergy This plant will be built in Dnipropetrovsk region until the end of 2018. Construction engineering company China Machinery Engineering Corporation (CMEC) is planning to invest EUR 230 million for the construction of the largest solar power plant in Ukraine. This plant will be built in Dnipropetrovsk region until the end of 2018. Further, the corresponding […] Read more
SMA Solar Expects Growth in Sales and Earnings in 2018 Updated On Thu, Jan 25th, 2018 by Saurenergy For the 2018 fiscal year, the SMA Solar expects sales would grow to between 900 million and 1 billion euros ($1.1 billion-$1.2 billion), exceeding the analyst consensus for 901 million euros. SMA Solar Germany’s biggest solar company has said it expects a rise in sales in 2018, thanks to strong Asian and European business and […] Read more
Armenia Looks to Solar Energy Updated On Wed, Dec 27th, 2017 by Saurenergy The government policy estimates the country’s potential capacity of solar energy production at up to 3,000 megawatts — enough to meet domestic demand and even make Armenia a net electricity exporter. Armenia is banking on renewable energy to increase its energy independence. Armenia much sunnier than most of Europe — according to government figures, it […] Read more