Delayed Solar Development in Japan amid Covid-19 Likely to Facilitate Coal Usage Updated On Fri, Jun 5th, 2020 by Saurenergy Amidst coronavirus crisis, electricity demand in Japan like other countries has dropped significantly and thus resulted in a decline in power prices. This drop in demand and rise in solar power generation eventually driving down the wholesale electricity prices, as revealed by the data & analytics company. According to GlobalData, the ongoing economic contraction, delays […] Read more
Europe’s Wind & Solar Installations Will Need Grid Flexibility to Succeed: WoodMac Updated On Fri, Jun 5th, 2020 by Saurenergy A combination of wind and solar power, otherwise known as Variable Renewable Energy (VRE), could make up the largest share of power capacity throughout Europe’s major markets – Great Britain, Germany, France, Italy and Spain – as early as 2023, according to a new analysis from Wood Mackenzie. And the success of Europe’s transition to […] Read more
Electric Two-Wheeler Market to Cross 2 Mn Units in India by 2025: CXO Survey Updated On Fri, Jun 5th, 2020 by Saurenergy The electric two-wheeler market in India is expected to cross 2 million units over the next five years according to a CXO Survey by JMK Research. The electric two-wheeler market in India is expected to cross 2 million units over the next five years according to a CXO Survey by JMK Research & Analytics. As […] Read more
The GoSun Flow Offers Solar Powered Purifier, Sanitation System Updated On Thu, Jun 4th, 2020 by Saurenergy GoSun, a Cincinnati, Ohio based distributed solar products firm has launched what it claims to be the world’s first portable, solar-powered water purification and sanitation system. The US firm hopes to target a large addressable market for effecive and economical solar powered products gradually. The GoSun Flow is small enough to fit into a backpack, […] Read more
ReneSola Sells 10.4 MW Solar Portfolio to Nautilus in Minnesota Updated On Thu, Jun 4th, 2020 by Saurenergy In a series of the fourth transaction between the two companies, ReneSola Ltd, a leading solar project developer, has sold its 10.4 MW community solar portfolio to Nautilus Solar Energy, owner and operator of distributed and utility-scale solar energy projects. The solar projects’ portfolio is comprised of 8 single-axis tracker solar installations, each commonly referred […] Read more
RK Singh Unveils Real Time Market in Electricity; India Now in Few Global Markets Updated On Wed, Jun 3rd, 2020 by Saurenergy Power and New & Renewable Energy Minister RK Singh have launched the pan-India Real-Time Market (RTM) in electricity, placing India amongst a league of few electricity markets in the world having such system. RK Singh has launched the RTM through video conference in New Delhi, on Wednesday. On explaining the significance of the RTM, RK […] Read more
Vivint Solar Closes USD 545 Million of new Financings Updated On Wed, Jun 3rd, 2020 by Saurenergy Vivint Solar has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. Vivint Solar, a leading full-service residential solar provider in the United States, has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. The first is a USD 245 million upsize to the company’s already existing multi-lender […] Read more
Strong Q1 for US Energy Storage Market Despite COVID-19: WoodMac Updated On Wed, Jun 3rd, 2020 by Saurenergy The US energy storage sector saw a strong Q1, with residential storage setting another record while the non-residential had its 3rd-strongest quarter The United States (US) energy storage sector saw a strong first quarter, with residential storage setting another record while the non-residential market had its third-strongest quarter on record. According to Wood Mackenzie and […] Read more
POSOCO Braces for Impact of Eclipse on Solar Power Generation Updated On Wed, Jun 3rd, 2020 by Saurenergy POSOCO has detailed the likely impacts of the annual solar eclipse on the country’s power sector/ solar generation and the preparations made to lower its impact The Power System Operation Corporation (POSOCO) has in a new report detailed the likely impacts of the annual solar eclipse, that India will be experiencing on June 21 this […] Read more