CubicPV Blames Collapsing Prices To Abandon 10GW Solar Wafer Plant In US Updated On Fri, Feb 9th, 2024 by Saurenergy US solar cell and module manufacturer CubicPV has abandoned its plans for a 10GW solar wafer manufacturing facility in the US and is “restructuring” its business to focus on its tandem technology module development. Plans for the 10 GW facility to manufacture wafers using CubivPVs core silicon and perovskite technologies to provide semiconductor combination for […] Read more
Trina Storage To Deliver 190MWh Storage To UK Solar Sites Updated On Thu, Feb 8th, 2024 by Saurenergy Trina Storage, a business unit of Trina Solar, has secured a deal to provide battery energy storage systems (BESS) for four UK solar power project sites operated by global Independent Power Producer Low Carbon. Trina Solar said that the systems will deliver approximately 190 MWh of total storage capacity. This would bring new arbitrage and […] Read more
IFC, SIMA Invest $150 mn In Green Bonds For Solar Projects In Africa Updated On Thu, Feb 8th, 2024 by Saurenergy International Financial Corporation (IFC), a member of the World Bank Group (WBG), in partnership with Social Investment Managers and Advisors LLC (SIMA Funds or SIMA) and other financiers, has reached the first close of a $150 million solar green bond, which expected to finance productive-use solar projects throughout Africa. The bond is expected to finance […] Read more
Solar Finance Startup Metafin Gets $5 Million Funding Updated On Thu, Feb 8th, 2024 by Saurenergy Metafin, a leading cleantech-focused NBFC, has successfully raised $5 million in equity funding, led by Prime Venture Partners and Varanium Capital. This investment backs Metafin’s approach to accelerating rooftop solar adoption and financing in rural India. Metafin plans to utilize funds to expand across states, grow its loan book, enhance its technology and IoT stack, […] Read more
Nextracker Accelerates Distributed Solar Generation, Delivers 600 Projects Updated On Thu, Feb 8th, 2024 by Saurenergy Nextracker, an integrated solar tracker and software solution provider, announced it has surpassed 600 projects delivered in its distributed generation (DG) portfolio. Driven by customers realizing significant energy gains using its NX Horizon™ solar tracker systems, Nextracker’s DG projects are deployed worldwide in commercial and industrial applications, including data centers, farming, retail, education, and manufacturing […] Read more
Rooftop Solar: Will PSUs Deliver For PM Suryodaya Yojana? Updated On Wed, Feb 7th, 2024 by Saurenergy The MNRE’s January 25 Office Memorandum, where it allocated states to specific PSUs for pushing the ambitious new Rooftop Solar targets, throws up some very interesting questions. With a target of 10 million households, and upto 3 KW of solar for each, the Pradhan Mantri Suryodaya Yojana is potentially a game changer, offering an opportunity […] Read more
China’s LONGi Inks Deal With Spain’s Naturgy To Supply 1 Million Solar Modules Updated On Mon, Feb 5th, 2024 by Saurenergy China-based solar technology firm LONGi and Spain-based energy utility firm Naturgy have signed a new module shipment agreement for Naturgy’s 2024 solar projects in Spain. As part of the agreement, LONGi will deliver just over one million modules from its Hi-MO 5 series, with a total output volume of 574 MWp. These bifacial modules will […] Read more
Atrato Solar Farm Commissioned in UK; To Fulfill 75% Power Need Of Soft-Drink Company Updated On Fri, Feb 2nd, 2024 by Saurenergy United Kingdom-based soft drinks manufacturer Britvic soft drinks will now make its product using 75 percent solar power. The company will be getting the solar power supply from a 160-acre solar farm in Northamptonshire which renewable energy company Atrato Onsite Energy owns. The 650,000 square meter solar installation will scale up to produce 28MW power. […] Read more
Citizen Solar In Tie-up With Jinchen To Expand Module Capacity to 1.2GWp Updated On Fri, Feb 2nd, 2024 by Saurenergy Gujarat based Citizen Solar has signed an MoU with Chinese solar equipment manufacturer Jinchen Corp to expand its solar module manufacturing capacity to 1.2 GWp in a phased manner. Citizen solar is an approved manufacturer that is already on MNRE’s Approved List of Module Manufacturers (ALMM) list on date. It’s approved manufacturing capacity in ALMM […] Read more
