Judge sides with Elon Musk in lawsuit over SolarCity Updated On Thu, Apr 28th, 2022 by Saurenergy A judge in the state of Delaware on Wednesday handed Tesla chief Elon Musk a victory in a shareholder lawsuit filed over the controversial buy of solar panel maker SolarCity. The judge ruled against a group of Tesla shareholders who contended that Musk, who was chairman of both Tesla and SolarCity at the time of […] Read more
Borosil to acquire Europe’s largest solar glass maker Interfloat Group Updated On Tue, Apr 26th, 2022 by Saurenergy Borosil Renewables Ltd on Monday announced that its board has approved buying of 100 percent stake in Interfloat Group, Europe’s largest manufacturer of solar glass. The company consists of GMB Glasmanufaktur Brandenburg GmbH (GMB), located in Tschernitz, Germany, and Interfloat Corporation, based in Ruggell, Liechtenstein. With its acquisition of the Interfloat Group, BRL’s solar glass […] Read more
Thailand Counts on Crypto To Power One Million Farmlands With Solar Updated On Mon, Apr 4th, 2022 by Saurenergy The Ministry of Agriculture and Cooperative of Thailand has announced plans to install solar power panels on at least one million of farms as a pilot project. With this move, the Ministry is targeting to reduce electricity bills of farmers by 20-30 per cent in next 15-20 years. Deputy Agriculture Minister Praphat Phothasuthon says that […] Read more
Karnataka to Give 10,000 Farmers Solar Powered Irrigation Pump Sets Under PMKUSUM Updated On Mon, Mar 14th, 2022 by Saurenergy The State Cabinet of Karnataka has cleared the proposal for the implementation of Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan-B (PMKUSUM) scheme in the state under which about 10,000 farmers will benefit from solar powered irrigation pump sets. ‘Component B’ of the scheme envisages installation of 17.5 lakh standalone (off grid) solar powered irrigation […] Read more
Saudi Arabia Signs PPA Contracts for Solar Power Deals Worth $665 Million Updated On Wed, Mar 9th, 2022 by Saurenergy The Kingdom of Saudi Arabia is bullish on raising the renewable share in its energy mix as it has awarded contracts for two new solar power projects. These projects will make a combined capacity of one gigawatt. Saudi Arabia is world’s largest oil exporter but has a huge target to add 60GW of solar power to […] Read more
Privatisation Bound CEL issues Tender for 1 Million Solar Cells Updated On Tue, Jan 18th, 2022 by Saurenergy Central Electronics Limited (CEL), the public sector enterprise in the eye of a privatisation tussle, has invited bids for the supply of one million multicrystalline solar cells of 4.68 W output or higher. CEL’s privatisation process has been put on hold due to objections raised regarding its valuation as well as the buyer credentials. In […] Read more
NREL Researchers Offer Guidance for Solar Systems To Last Updated On Tue, Dec 14th, 2021 by Saurenergy Scientists at the National Renewable Energy Laboratory (NREL) have laid out a cost-effective five-point plan to improve the reliability of solar panels in light of extreme weather, rapid innovation, and extremely competitive prices. In a commentary piece published in the journal Nature, Dirk Jordan, Teresa Barnes, Nancy Haegel, and Ingrid Repins urge the solar industry […] Read more
Xponent Power Introduces World’s First Power Generating Solar Awning for the RV Industry Updated On Wed, Oct 27th, 2021 by Saurenergy The US, the world’s largest market for recreational vehicles (RV’s) which is worth USD 26.7 billion in 2020, and expected to reach USD 35.7 billion by 2026 (Mordor Intelligence), finally has a solar powered addition too. In 2020, almost 4,30,000 of these truck sized vehicles were sold in the US. But these symbols of excess […] Read more
Reliance Acquires REC Group in $771 Million Buy Out Updated On Sun, Oct 10th, 2021 by Saurenergy In a stock exchange filing today, Reliance Industries Limited (RIL) today acquired Norway-headquartered solar module maker REC Solar Holdings (REC Group) for an enterprise value of US$ 771 million (around Rs 5,800 crore) from China National Bluestar. The acquisition was done through its fully owned subsidiary, Reliance New Energy Solar Limited. “Reliance New Energy Solar […] Read more
