Honda, LG Energy Begin Construction of Multi-Billion Ohio EV Battery Plant Updated On Wed, Mar 1st, 2023 by Saurenergy Honda and LG Energy Solution have announced the beginning of the construction of their joint venture electric vehicle battery plant that will be spread over 2 million square feet in Fayette County in Ohio. In January, 2023, Honda said that the two companies have committed to invest $3.5 billion in the new joint venture (JV) […] Read more
L’Oréal Signs Agreement with EDF for Renewable Energy Updated On Tue, Feb 28th, 2023 by Saurenergy French personal care company L’Oréal has partnered for renewable energy with EDF Renewables through a PPA. EDF Renewables is a wholly-owned subsidiary of the French utility EDF Group. As per the 15-year agreement, EDF will be focussing on two solar parks located in the Corrèze and Vosges regions, where EDF will be able to produce […] Read more
Lightsource bp, AEP Energy Sign PPA for 188 MW Solar Farm in Indiana Updated On Fri, Feb 24th, 2023 by Saurenergy Solar energy conglomerate Lightsource bp and AEP Energy Partners (AEPEP), a subsidiary of American Electric Power have signed a power purchase agreement (PPA) for a 188 MWdc solar project called Honeysuckle Solar located in New Carlisle, Indiana, USA. AEP Energy Partners is also one of the largest wholesale energy suppliers in the country. Lightsource bp […] Read more
Canadian Solar to Supply 487 MWh BESS to Aypa Power Updated On Fri, Feb 24th, 2023 by Saurenergy Global renewable energy player Canadian Solar Inc has announced that CSI Energy Storage, owned by its subsidiary CSI Solar, will provide 487 MWh of SolBank energy storage products to Aypa Power. Aypa Power is a Blackstone portfolio company that develops, owns and operates utility-scale energy storage and hybrid renewable energy projects across North America. The […] Read more
Delhi-Based Servokon Enters Solar Energy Sector Updated On Tue, Feb 21st, 2023 by Saurenergy New Delhi-based Servokon Systems Limited that manufactures and supplies power conditioning equipment and power transformers has said that it has now embarked on a new journey to venture into the solar energy sector. The firm is starting with an entry into the EPC segment, which it hopes to follow with a move into manufacturing of […] Read more
Risen Energy Claims World Record for HJT Module Output Efficiency Updated On Mon, Feb 20th, 2023 by Saurenergy Chinese solar module maker Risen Energy has announced that its HJT series solar module called ‘Hyper-ion’ has achieved a maximum power of 741.456W and a module efficiency of 23.89%. Risen Energy said that the results were verified by TÜV SÜD, a global provider of testing, inspection and certification services. This is an improvement from the […] Read more
PV Hardware to Build World’s Largest Solar Tracker Factory in Spain Updated On Thu, Feb 16th, 2023 by Saurenergy Global solar tracker maker PV Hardware (PVH), a Grandsolar Group firm, is mulling to build a new solar tracker factory in a Valencia industrial park in Spain that will help the firm to take its global capacity to 25 GW. PV Hardware said that the Spanish facility will occupy a space of 65,000 square meters […] Read more
SolarEdge Announces 2022 Financial Results; Revenues Up By 58% Updated On Wed, Feb 15th, 2023 by Saurenergy Smart energy technology provider SolarEdge Technologies has announced its financial results for the fourth quarter 2022 and full year ended December 31, 2022 revealing high growth in revenues. Fourth Quarter Financial Results In the last quarter, SolarEdge reported revenue of over $890 million which is up 6% from $836 million in the prior quarter and […] Read more
Denham Capital Announces $200 Million for Solar Energy Generator Solops Updated On Tue, Feb 14th, 2023 by Saurenergy Boston based global energy transition investment firm Denham Capital has announced that it has closed a purchase agreement with Solops that develops, finances, and owns and operates photovoltaic solar projects in the commercial and industrial (C&I) sector throughout the United States. Under the agreement, Denham has acquired Solops and will support the growth of the […] Read more
