EIB & Banco Santander Promote Renewable Energy in Brazil with €300 Million Loan Updated On Wed, Jul 19th, 2023 by Saurenergy The European Investment Bank (EIB) and Banco Santander (Brasil), one of the largest foreign banks in Brazil, have signed an agreement to foster the use of renewable energy in Brazil. Ricardo Mourinho Félix, Vice-President of the EIB, and Carlos Rey de Vicente, Banco Santander’s Regional Head for South America, signed a €300 million loan in […] Read more
Philippines Grants 1.97 GW Solar Capacity in Second Green Energy Auction Round Updated On Wed, Jul 19th, 2023 by Saurenergy The Philippines Department of Energy (DOE) has shared a list of bidders who have won the Second Green Energy Auction Round (GEA-2). The Green Energy Auction Bids Evaluation and Awards Committee has awarded capacity worth 1,870.8 MW for ground-mounted projects and another 90 MW of capacity for floating solar power. 10 MW of capacity has […] Read more
Chargeup Introduces Solar Battery Swap Station in Jaipur Updated On Wed, Jul 19th, 2023 by Saurenergy Chargeup, a provider of battery swapping network, has announced the launch of a solarized battery swapping station. The firm claims that this is a first-of-its-kind in India. The pilot project for the battery swapping station, launched in Jaipur, is owned and operated by Chargeup. The solarized battery swapping station has the ability to handle the […] Read more
SECI Announces Tender for 1000 MWp Domestically Manufactured Solar Modules Updated On Tue, Jul 18th, 2023 by Saurenergy The Solar Energy Corporation of India (SECI) has issued a tender for the manufacturing, testing, packing and forwarding, supply and transportation of 1000 MWp domestically manufactured solar PV modules with domestically manufactured solar cells. The last date for submission of bids is August 17, 2023. The time for completion for the entire 1000 MWp (DC) […] Read more
Thin Film Module Maker First Solar In 5 GW Deal With Energix Updated On Tue, Jul 18th, 2023 by Saurenergy US based solar module manufacturer First Solar, which stands out for using cadmium telluride (CdTe) thin-film modules at scale, has signed a framework agreement with Israeli solar developer Energix Renewables to supply 5GW of modules. Energix has a 7 GW portfolio spread across Israel, Poland and the US. The deal also involved First Solar recycling […] Read more
MeyerBurger Snaps Up €200 Million From EU Innovation Fund For 3.5 GW Solar Manufacturing Updated On Tue, Jul 18th, 2023 by Saurenergy Meyer Burger Technology AG, through its group company Meyer Burger (Industries) GmbH, submitted a funding application for EUR 200 million in the EU-wide selection process of the European Innovation Fund in March 2023. The project “HOPE” (High-efficiency Onshore PV module production in Europe) submitted by Meyer Burger has prevailed as eligible for funding, the EU […] Read more
Solar Designer PVcase Raises $100 Million In Funding Updated On Tue, Jul 18th, 2023 by Saurenergy Lithuanian firm PVcase (PhotoVoltaic Computer Aided Solar Engineering), a key global leader in solar project design software, announced today it has secured a joint investment of $100 million, bringing the company’s total funding to over $123 million. Highland Europe, Energize and existing investor Elephant all participated in the round. Despite considerable resources already invested in the solar market, the solar engineering industry […] Read more
Indian Firm Devises Furnace That Can Help To Produce Efficient Solar Cells Updated On Mon, Jul 17th, 2023 by Saurenergy A Bangalore-based company with expertise in producing thin film and vacuum technology now claims to have made a revamped furnace that can aid in reducing the price of solar PV module manufacturing in the country and make efficient solar cells. The firm named Hind High Vacuum (HHV) has now made a “directional solidification (DSS) furnace.” […] Read more
Two Solar Firms To Get Compensations Due to Increased GST Rates Updated On Mon, Jul 17th, 2023 by Saurenergy In its order, the Central Electricity Regulatory Commission (CERC) granted compensation to two renewable energy companies. The central authority granted these compensations on account of ‘Change of Law’ events. Such events included the rise of Operations and Maintenance (O&M) costs of their projects due to the escalation of GST rates and the imposition of increased safeguard duty […] Read more
