25 Years Life? PVEL Rings Alarm On High Failure Rate Among Modules Updated On Tue, Jun 1st, 2021 by Saurenergy Solar’s huge rise has been matched with an even bigger expansion in capacity, primarily in China, and now, the rest of the world too. With manufacturing capacities rising from 25 GW in 2015 to over 400 GW today. These have driven costs lower, even as incremental innovations across the value chain have also helped. For […] Read more
MG Motor India Joins Attero to Recycle EV Batteries Updated On Fri, May 28th, 2021 by Saurenergy The Indian subsidiary of Chinese automotive manufacturer SAIC Motor, MG Motor India has today announced joining up with the Noida-based Attero to recycle electric vehicle (EV) batteries. Attero provides a range of recycling, refurbishing, retail, and reverse logistics solutions to help organizations minimize their electronic waste. Lithium-ion batteries used in MG Motor’s ZS EV units […] Read more
FOR Report Targets Clean Energy Cess, Coal, Better Renewable Planning Updated On Fri, May 28th, 2021 by Saurenergy The Forum of regulators (FOR) is a body set up under section 166(2) of the Electricity Act, 2003 to ensure better coordination and analysis among power regulators across the country. The Forum consists of Chairperson of Central Electricity Regulatory Commission (CERC) and Chairpersons of State Electricity Regulatory Commissions (SERCs). The Chairperson of CERC is the […] Read more
SW Solar Hit By Disruptions, Estimates Impact At Rs 160-170 Cr For 2020-21 Updated On Thu, May 27th, 2021 by Saurenergy Sterling And Wilson Solar, India’s leading Solar EPC firm and among the global elite in the segment, had seen it fit to inform the stock exchanges of a material impact on its business on May 16. The impact related to the year ending March 2021, where the firm is yet to declare its Q4, and […] Read more
Axpo Italia to buy 12 MWp from Canadian Solar’s upcoming Italian units Updated On Tue, May 25th, 2021 by Saurenergy Guelph-headquartered solar PV modules manufacturer Canadian Solar Inc. today announced its signing of a long-term power purchase agreement (PPA) with Axpo Italia for the purchase of energy produced by two solar power plants under development totalling 12 MWp near Ragusa and Enna, in Sicily, Italy. Axpo Italia is the third largest operator in the free energy […] Read more
Aurora Solar Raises $250 Million to Digitize Solar Installations Updated On Tue, May 25th, 2021 by Saurenergy Funding Round Led by Coatue Signals Market Interest in the Growing Solar Industry Aurora Solar, the industry’s leading software platform for solar sales and design, today announced it has closed a $250 million Series C funding round led by Coatue, with follow-on participation from existing investors ICONIQ Capital, Energize Ventures, and Fifth Wall. In just over two years, Aurora […] Read more
Hyundai Upgrades its Hydrogen Fuel Cell Truck For Global Expansion Updated On Tue, May 25th, 2021 by Saurenergy Continuing its quest to be a smart mobility solution provider, Hyundai Motor Company today announced the up-gradation in design and performance of its hydrogen-powered XCIENT fuel cell heavy-duty truck. The company released the image of the newly advanced truck and says, with these updates, Hyundai’s zero-emission heavy-duty vehicle will become even more attractive to corporate […] Read more
Italian Wind Firm ERG Acquires 80 MW Renewables Portfolio in France Updated On Mon, May 24th, 2021 by Saurenergy Leading Italian wind power operator ERG announced in a press release on Friday its acquisition of a company that holds an operational renewables portfolio of 80 MW in France. ERG, through its subsidiary ERG Eolienne France, has signed an agreement with FPCI Capenergie 3, a fund managed by the Paris-based private equity investor Omnes Capital, to […] Read more
Canadian Solar Financial Results Q1 FY21 Out; 32% YoY Rise in Revenue Updated On Fri, May 21st, 2021 by Saurenergy Guelph-headquartered solar PV modules manufacturer Canadian Solar Inc. yesterday announced its financial results for the quarter ended March 31, 2021, reporting a 32% YoY increase in revenue and a net income of $23 million. In Q1 2021, the company’s solar module shipments were 3.1 GW, compared to guidance of 3.0 GW to 3.2 GW. Net revenue […] Read more
