Ardian & Skyline Announce 250 MW Solar Project With Consortium Of Financing Updated On Fri, Oct 30th, 2020 by Saurenergy Texas project is Skyline’s first solar asset, bringing portfolio to more than a gigawatt of wind & solar Skyline Renewables, a leading North American renewables company, backed by Ardian, a world-leading private investment house, announced today that they will finance and manage the construction of a 250 megawatt (MW) solar project in Central West Texas. […] Read more
Renesola Signs Cooperation Agreement for Solar PV Manufacturing Plant Updated On Fri, Oct 30th, 2020 by Saurenergy Renesola Energy Nantong (a joint venture between Zhongnan Industry and ReneSola Yixing), signed a cooperation agreement with Hai’An Economic and Technological Development Zone to set up the new manufacturing. The total investment of the project will be 2 billion yuan, mainly for Solar PV Products and Sales. Renesola Energy Nantong which is a joint venture […] Read more
Cost Reduction in Storage is Key for the Next Level of Solar Growth: Pradeep Chauhan Updated On Thu, Oct 29th, 2020 by Saurenergy Pradeep Chauhan, Country Manager, Indian Subcontinent for Solarpack Corporacion Tecnologica, SA, the Spanish solar firm making waves finds himself in focus, after his firm made a record low bid of Rs 2.36 to win a 300 MW share at a SECI Auction this year. Solarpack, which has been bidding, and growing aggressively in multiple markets, […] Read more
Pledges to Be Carbon Neutral by Japan, South Korea To Ensure Solar Growth Updated On Thu, Oct 29th, 2020 by Saurenergy The story in India might be depressing, with installations likely to hit a 4 year low this year after the peak of 2017, but the bigger picture for solar remains bright. That is because in the economies that can truly swing the balance, solar remains key to achieving key emission and carbon neutrality goals. Joining […] Read more
Inverter Major Solis Powers Up With Strongest Ever Quarter in Q3 Updated On Wed, Oct 28th, 2020 by Saurenergy Ningbo, China based Ginlong Technologies’ has reported revenue in the first three quarters of 2020 at US$202 million, a year-on-year increase of 74% over the corresponding period last year. Net profit attributable to the parent company was US$31.4 million, a year-on-year increase of 189 %, and a month-on-month increase of 53%. The company’s basic earnings […] Read more
Global Solar Installations to hit 115 GW in 2020, Only 4.9 GW for India: WoodMac Updated On Wed, Oct 28th, 2020 by Saurenergy As global solar PV markets continue to weather the challenges posed by the pandemic, solar PV installations are expected to hit 115 GW dc this year. As global solar PV markets continue to weather the challenges posed by the coronavirus pandemic, solar PV installations are expected to hit 115 GW dc this year, according to […] Read more
Discoms Could Save ~Rs 22K Cr due to Indexed RE Tariff: IEEFA & CEEW Updated On Thu, Oct 22nd, 2020 by Saurenergy “Our modelling shows that the Discoms could save up to Rs 21,880 crore over the next five-year period under a partially indexed tariff structure” The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector (Discoms) and help India move away from coal-fired power, according to […] Read more
Solex Initiates Ground Breaking Ceremony for the Construction of its 1.5 GW PV Module Manufacturing Facility near Surat, Gujarat Updated On Tue, Oct 20th, 2020 by Saurenergy Solex Energy earmarked the commencement of this ambitious 1.5 GW solar module manufacturing facility by breaking ground at its factory site near Surat. A few months ago, Solex Energy Limited had announced the expansion of its solar module manufacturing facility to 1.5 GW. The pandemic and the resulting call for being ‘Atma Nirbhar’ had propelled […] Read more
Scatec Solar acquires SN Power, building a global leader in RE Updated On Mon, Oct 19th, 2020 by Saurenergy Scatec Solar has signed a binding agreement to acquire 100% of the shares in SN Power, a leading hydropower developer and IPP, from Norfund for a total equity value of USD 1,166 million. The acquisition forms an important part of Scatec Solar’s broadened growth strategy, with an ambition to become a global large-scale player in […] Read more
