Vietnam’s Boviet Solar Confirms 255 MW Solar Capacity Win in the United States Updated On Tue, Jun 14th, 2022 by Saurenergy Vietnam-headquartered Boviet Solar has signed a contract with a renewable energy provider to supply 255 MW of PV Modules for a utility-scale solar project in the United States. It has a 1.5 GW Monocrystalline PERC Cell & Module Manufacturing capacity. Boviet Solar makes monocrystalline wafer technology integrated with PERC, half-cut, multi-busbar, Monofacial, and Bifacial PV […] Read more
META4 To Invest Rs 250 Crore In Electric Two-Wheeler Manufacturing In India Updated On Tue, Jun 14th, 2022 by Saurenergy Looking to grab a piece of the EV pie in India, the United Arab Emirates (UAE) based META4 has announced that it will be investing Rs 250 crore in the state of Telangana to set up an electric two-wheeler manufacturing facility. META4 has also held that it has signed a pact with the Telangana Government […] Read more
US Buckles Under Industry Pressure, Suspends Tariff Threat On SE Asia Solar Imports For Two Years Updated On Wed, Jun 8th, 2022 by Saurenergy The White House said on Monday(06/06/2022) that tariffs on solar panel imports from four Southeast Asian countries would be suspended for two years as part of measures to address “the urgent challenge of a changing climate” — but left China out of the deal. SaurEnergy had reported on the probability of the decision earlier on […] Read more
Canadian Solar sells 70% stake in key Brazilian solar projects to SPIC Brasil Updated On Tue, Jun 7th, 2022 by Saurenergy In a major deal in the South American renewable energy market, Canadian Solar Inc. today announced it signed an agreement with SPIC Brasil to sell 70% stake in its 738 MWp solar power projects – Marangatu and Panati-Sitia in Brazil. SPIC Brasil is a leading power generation company in Brazil. SPIC Brasil is a leading […] Read more
South East Asia Solar Exports To US Might Get A Two Year Free Pass Updated On Mon, Jun 6th, 2022 by Saurenergy In a possible move to keep up the momentum of Solar capacity build out in the US, President Joe Biden is likely to use his executive authority vested in the Presidency to allow for a two year waiver for imports from South East Asia. This follows the exemptions given to Bifacial module imports earlier, which […] Read more
Research Firm Predicts Thin Film Solar Cell Market To Reach $25.3 Billion by 2030 Updated On Wed, Jun 1st, 2022 by Saurenergy Research firm Allied Market Research has signaled bright times for thin film solar manufacturers with a CAGR (Compounded Annual growth rate) of 8.4% predicted for the period upto 2030. Increasing electricity prices, reduced dependence on foreign oil and fossil fuels, and the storage and later usage of power will drive the growth of the global […] Read more
NHPC Hopes To Commission 1 GW Solar Power Projects in 2023 With Recent Contracts Updated On Mon, May 30th, 2022 by Saurenergy India’s largest hydropower generation firm NHPC Ltd expects that three contracts recently awarded to Adani Infra, Tata Power Solar and Sri Sai would commission the 1 gigawatt solar power project by November 2023. Adani Infra, Tata Power Solar and a joint venture of Sri Sai had bagged the contract for producing 600 MW, 300 MW […] Read more
Waaree Energies Receives NCLT’s Nod For Acquisition of Indosolar Ltd. Updated On Fri, May 27th, 2022 by Saurenergy Waaree Energies Limited, a leading solar PV module manufacturer in India, has received formal approval from the National Company Law Tribunal, Delhi Bench (NCLT) on 21st April 2022 for the resolution plan submitted by it towards the acquisition of Indosolar Limited, a manufacturer of solar cells, under the corporate insolvency resolution process (CIRP) initiated by the lenders […] Read more
EU’s New Energy Plans Include Mandatory Solar Panels On New Buildings Updated On Fri, May 27th, 2022 by Saurenergy The European Union has recently decided to rapidly end its reliance on Russian oil and gas by making it mandatory for all new buildings to have solar panels. A news report published last week quoted the European Commission as saying, “There is a double urgency to transform Europe’s energy system: ending the EU’s dependence on […] Read more