AFRICA: World Bank invests in batteries to boost solar energy Updated On Sat, Oct 20th, 2018 by Saurenergy The World Bank has decided to invest $1 billion for energy storage in Africa. The objective is to support the production of batteries to stimulate the production of solar energy. Africa is increasingly relying on solar energy to increase the rate of access to electricity for its population. Intermittence is the main disadvantage of the […] Read more
Trina Solar Supplies 123 MW PV Modules to Ukraine’s Largest Solar Power Plant Updated On Tue, Oct 16th, 2018 by Saurenergy The power station is expected to be completed in early 2019 and be connected to the grid in March. Chinese solar giant Trina Solar has delivered 123 MW of PV modules to a PV power plant project developed by DTEK, the largest private energy company in Ukraine. After completion, the project will become the largest PV […] Read more
Hanwha Solar to Acquire Hanwha Q CELLS for $825 Mn Updated On Tue, Oct 16th, 2018 by Saurenergy As per the deal, the company will be acquired by Hanwha Solar in an all-cash transaction implying an equity value of the company of approximately USD 825 million. Solar PV modules maker Hanwha Q CELLS has entered into a definitive plan of merger with Hanwha Solar Holdings, a subsidiary of Hanwha Chemical Corporation. As per the […] Read more
Titan Solar Power Joins Hand with Silfab for High Efficiency Modules Updated On Fri, Oct 12th, 2018 by Saurenergy Silfab is also providing strategic sales support to Titan, Williamson further added. North America’s one of the leading PV module maker Silfab Solar has entered into a new partnership with PM&M Electric, doing business as Titan Solar Power, to deliver its high-efficiency solar panels. Titan Solar’s initial commitments includes the Silfab 300w and 320w modules, […] Read more
SolarEdge to Buy 75% Stake in Li-Ion Cells, Batteries Maker for $88 Mn Updated On Fri, Oct 12th, 2018 by Saurenergy As per the deal, the acquisition of approximately 75 percent outstanding equity shares of Kokam reflects an aggregate investment of approximately USD 88 million, including related transaction expenses. Israel-based SolarEdge Technologies has inked a definitive pact to acquire a major stake in Kokam, a provider of Lithium-ion cells, batteries and energy storage solutions. As […] Read more
$141 Bn Batteries Market to 2022; Hybrid & EVs Largest Driver: Report Updated On Thu, Oct 11th, 2018 by Saurenergy Hybrid and Electric Vehicles (HEVs) to be the largest driver of growth; Grid storage market expanding quickly from small base. The global demand for batteries is forecasted to grow 9.8 percent per year to USD 141 billion in 2022, as per the ResearchAndMarkets report “Global Batteries by Product and Market, 11th Edition”. Further, the growth will […] Read more
Thomaslloyd Buys Significant Stake in SolarArise India Updated On Wed, Oct 10th, 2018 by Saurenergy Following the investment, the company will become the largest shareholder in SolarArise. ThomasLloyd has acquired a significant stake in solar project developer SolarArise India Projects (SolarArise), which currently owns and operates 130 MW of grid-connected solar power projects in India. The company’s investment is expected to support it’s expansion of its solar energy capacity by […] Read more
US Keen to Invest in India’s Infra, Port, Solar Sector Development, says OPIC Updated On Tue, Oct 9th, 2018 by Saurenergy He, however, added that OPIC does not have any numerical target for investments in India, and the development finance institution is looking at the merits of the projects in India. OPIC is eagerly interested to invest in the development of India’s infrastructure, port and solar energy sectors, said David Bohigian, Executive Vice-President, Overseas Private Investment Corporation (OPIC) […] Read more
India’s 40 GW Rooftop Solar Target Ambitious but also Realistic: Experts Updated On Sat, Oct 6th, 2018 by Saurenergy The session brought together experts who discussed global market trends, smart business models, and best practices in rooftop solar PV domain in India and Europe. The global experts has supported India’s ambitious goals of achieving 40 GW rooftop solar target by 2022 and termed it as realistic during a session on ‘Rooftop Solar PV Market […] Read more
