StatKraft To Aquire Solarcentury In $152 M deal Updated On Tue, Nov 3rd, 2020 by Saurenergy Norwegian renewable energy major StatKraft has announced a deal to acquire UK based Solarcentury. The deal, worth a total of $152m (£118m) will involve StatKraft buying the shares from multiple investors, including PE investors, in Solarcentury, the largest solar PV firm in the United Kingdom. The London-based Solarcentury, a well-known name in the solar panel […] Read more
Cost Reduction in Storage is Key for the Next Level of Solar Growth: Pradeep Chauhan Updated On Thu, Oct 29th, 2020 by Saurenergy Pradeep Chauhan, Country Manager, Indian Subcontinent for Solarpack Corporacion Tecnologica, SA, the Spanish solar firm making waves finds himself in focus, after his firm made a record low bid of Rs 2.36 to win a 300 MW share at a SECI Auction this year. Solarpack, which has been bidding, and growing aggressively in multiple markets, […] Read more
At Energy Forum, US Offers Perovskite Manufacturing To India Updated On Thu, Oct 29th, 2020 by Saurenergy At the IHS Cera Week, which concluded on October 28, among the more interesting conversations, and ‘offers’ for India, was the one from US Energy Secretary Dan Brouillette, when he offered a joint effort with the US to develop cheaper solar cells and modules. For India, which has pushed for a huge ramp up in […] Read more
PV Module Innovations to Help Drive Down Solar Costs in 2020s: WoodMac Updated On Fri, Oct 23rd, 2020 by Saurenergy In the 2020s, improvement in module efficiency and power class will propel the declining capex trend-forward and ultimately lower the solar LCOE The global solar industry has experienced tremendous growth in the past decade as the annual demand for solar rose year after year while the cost of solar declined significantly. In the 2020s, solar […] Read more
Solex Initiates Ground Breaking Ceremony for the Construction of its 1.5 GW PV Module Manufacturing Facility near Surat, Gujarat Updated On Tue, Oct 20th, 2020 by Saurenergy Solex Energy earmarked the commencement of this ambitious 1.5 GW solar module manufacturing facility by breaking ground at its factory site near Surat. A few months ago, Solex Energy Limited had announced the expansion of its solar module manufacturing facility to 1.5 GW. The pandemic and the resulting call for being ‘Atma Nirbhar’ had propelled […] Read more
Novus Green Bags EPC Contract for 15 MW Floating Solar Plant at SCCL Updated On Thu, Oct 8th, 2020 by Saurenergy Novus Green has announced that it has been awarded the EPC contract for a 15 MW (19.5 MW DC) floating solar power plant from SCCL. Novus Green has announced that it has been awarded the Engineering, Procurement and Construction (EPC) contract for a 15 MW (19.5 MW DC) floating solar power plant from Singareni Collieries […] Read more
RenewSys Expands Manufacturing Capacity at Facility in Bengaluru Updated On Wed, Oct 7th, 2020 by Saurenergy RenewSys India has increased the manufacturing capacity of its Encapsulant (EVA & POE) lines to 3 GW and Backsheet capacity to 4 GW. RenewSys India has announced an increase in the manufacturing capacity of its Encapsulant (EVA & POE) lines to 3 GW (from its current 1.65 GW). Similarly, the Backsheet capacity is being expanded […] Read more
India Needs to Establish Value Chain to Boost Solar Equipment Manufacturing : Industry Updated On Wed, Oct 7th, 2020 by Saurenergy Domestic manufacturing of solar equipment in India will need the support of a back-end supply chain that needs to be quickly established The plans for establishing domestic manufacturing of solar equipment in India will need the support of a back-end supply chain that will need to be quickly established, industry executives said. Sumant Sinha, chairman […] Read more
India Pledges to Tighten up Solar Equipment Imports Soon : RK Singh Updated On Wed, Oct 7th, 2020 by Saurenergy India will soon tighten provisions for imports of solar equipment in order to encourage more domestic manufacturing, RK Singh has said. India will soon tighten provisions for imports of solar equipment in order to encourage more domestic manufacturing even as power demand post the covid outbreak has rebounded, RK Singh, Minister for New and Renewable […] Read more