Greenbacker Acquires Energy Storage System Portfolio From Stem Updated On Thu, Jun 18th, 2020 by Saurenergy Greenbacker Renewable Energy has purchased the rights to a 7.9MW /16.5MWh portfolio of 16 operating and to-be-constructed energy storage systems from Stem Greenbacker Renewable Energy Company has announced that on June 9, 2020, through a wholly-owned subsidiary, it purchased the rights to Pacifica Storage LLC, a 7.9MW / 16.5MWh portfolio of sixteen operating and to-be-constructed […] Read more
IEA Offers Sustainable Recovery Plan to Governments to Boost Economic Growth Updated On Thu, Jun 18th, 2020 by Saurenergy IEA has outlined energy-focused policies and investments in a new Sustainable Recovery Plan to move the world towards a cleaner and more resilient future. The International Energy Agency (IEA) has, based on an analysis conducted in cooperation with the International Monetary Fund (IMF), outlined energy-focused policies and investments in a new Sustainable Recovery Plan to […] Read more
SC Cancels Green Energy Association Appeal on CERC’s REC Price Revision Updated On Wed, Jun 17th, 2020 by Saurenergy The apex court has dismissed the application of Green Energy Association (GEA) seeking a stay on price revision of REC (Renewable Energy Certificates) by power sector regulator Central Electricity Regulatory Commission (CERC). The Supreme Court (SC) bench headed by Justice Arun Mishra took cognizance of a matter on June 16, 2020, and dismissed the application […] Read more
Australia to add 1.2 GWh of Energy Storage Capacity in 2020: WoodMac Updated On Wed, Jun 17th, 2020 by Saurenergy According to new research, Australia is set to add 1.2 GWh of energy storage capacity in 2020, more than double the 499 MWh installed in 2019. According to new research, Australia is set to add 1.2 gigawatt-hour (GWh) of energy storage capacity in 2020, more than double the 499 MWh installed in 2019. This takes […] Read more
Investments in Distributed Energy Likely to Rise Up to 75% by 2030 Updated On Tue, Jun 16th, 2020 by Saurenergy With the market set for a decade of high growth, the rate of annual investment in distributed energy resources (DER) likely to increase up to 75 per cent by 2030, as analyzed by a leading business consulting firm. The Frost & Sullivan in its recent analysis, ‘Growth Opportunities in Distributed Energy, Forecast to 2030’, finds that favorable regulations, […] Read more
Sonnedix, Natixis Close Financing for 100 MW Solar Portfolio Updated On Tue, Jun 16th, 2020 by Saurenergy Sonnedix and Natixis have successfully closed senior facilities totaling USD 87 million for an expected 100 MW solar PV portfolio in Chile. Sonnedix, a global solar independent power producer (IPP), and Natixis have successfully closed senior facilities totaling USD 87 million for an expected 100 MW portfolio (Sonnedix PMGD Portfolio) of approximately 20 solar photovoltaic plants in Chile. The Portfolio consists […] Read more
COVID-19 Expected to put Financial Stress on Chilean Discoms & Gencos: GlobalData Updated On Fri, Jun 12th, 2020 by Saurenergy With the outbreak of the COVID-19, Chilean Discoms are supplying electricity to the customers despite non-payments from them and hence, the utilities are finding it difficult to pay back to the generators as per the PPAs. With the outbreak of the COVID-19, Chilean distribution utilities (Discoms) are supplying electricity to the customers despite non-payments from […] Read more
MEG and Partner Develop new Plan to Facilitate Sale of 2000 EV Buses in China Updated On Fri, Jun 12th, 2020 by Saurenergy MEG and partner Beijing Silk Road Rainbow Group have jointly developed a new energy bus plan to help facilitate the sale of more than 2000 EV buses in China Ideanomics has announced that its subsidiary – Mobile Energy Global (MEG) and partner Beijing Silk Road Rainbow Group have jointly developed a new energy bus plan to […] Read more
Growatt Third Behind SolarEdge, SMA in Single Phase Inverter Shipments Updated On Fri, Jun 12th, 2020 by Saurenergy Growatt with 11% market share of single-phase inverters in 2019, finished in the third-place in the PV Inverter Market Tracker by IHS Markit. Growatt, a leading Chinese manufacturer of PV string inverters took over 11 percent market share of single-phase inverters worldwide in 2019, coming in the third-place after SolarEdge and SMA according to PV […] Read more
