419.74 MW Installed in February, Renewable Capacity in India at 92.97 GW Updated On Wed, Mar 17th, 2021 by Saurenergy MNRE in its monthly summary has detailed that with 419.74 MW installed in February, total renewable energy capacity in India has reached 92.97 GW. The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of February 2021, detailing all the events and development that took place during the […] Read more
US Solar Industry Installed Record 19.2 GW Capacity in 2020: Report Updated On Tue, Mar 16th, 2021 by Saurenergy The US solar industry grew 43% and installed a record 19.2 GW of capacity in 2020, according to the US Solar Market Insight 2020 report The US solar industry grew 43 percent and installed a record 19.2 gigawatts (GW dc) of capacity in 2020, according to the US Solar Market Insight 2020 Year-in-Review report, released by the […] Read more
Nexamp Secures $440 Million in Debt Financing for Solar and Energy Storage Portfolio Updated On Tue, Mar 9th, 2021 by Saurenergy Largest financing deal ever for community solar assets, a model that provides equitable access to clean energy Nexamp, Inc., a leading renewable energy generator and community solar provider, has closed a $440 million senior secured credit facility for a 380-megawatt portfolio of solar and energy storage assets, the largest debt financing of its kind. The diverse portfolio […] Read more
Rosatom’s Storage Division Takes 49% Stake in Korean Energy Storage Firm Updated On Mon, Mar 8th, 2021 by Saurenergy RENERA LLC a part of Rosatom State Corporation, has concluded the deal to acquire a 49 percent share of Enertech International Inc, a South Korean manufacturer of electrodes, lithium-ion storage cells, and energy storage systems. RENERA manufactures energy storage systems based on lithium-ion batteries for special equipment, telecommunications systems, uninterruptible power supplies, energy storage systems, […] Read more
MSMEs can Create 16 GW Rooftop Solar Capacity by 2022: Gadkari Updated On Wed, Mar 3rd, 2021 by Saurenergy Nitin Gadkari has said that MSMEs can create nearly 16 GW of rooftop solar capacity by 2022, meeting 40 percent of the 40 GW target. Union Minister of Micro, Small and Medium Enterprises (MSMEs) and Road Transport & Highways Nitin Gadkari has said that micro, small and medium enterprises (MSMEs) can contribute to creating nearly 16 GW […] Read more
EDF, Oceanus, Plan Power & Desalination, By Using Pumped Storage, Renewable Energy Updated On Tue, Mar 2nd, 2021 by Saurenergy French energy utility major EDF and Oceanus have announced plans to build a pumped hydro storage station along with a desalination plant powered by wind and solar. The plan is to use saltwater to produce hydropower during periods of high demand, while producing affordable freshwater using the same energy. The project will be located in […] Read more
EDP to Invest EUR 24 Bn in Energy Transition, Eyeing 50 GW RE Capacity by 2030 Updated On Mon, Mar 1st, 2021 by Saurenergy EDP has announced its Strategic Update for the period 2021-2025, revealing a EUR 24 billion plan for investment in the energy transition EDP – Energias de Portugal – the Portuguese electric utility has announced its Strategic Update for the period 2021-2025, reinforcing its position as a leader of the energy transition, with an unprecedented EUR 24 billion […] Read more
Deadline for 20 MW Solar Plus 20 MW Storage Tender in Leh Extended. Again. Updated On Thu, Feb 25th, 2021 by Saurenergy SECI has extended the bid submission deadline for its tender for the commissioning of a 20 MW solar with 20 MW storage project in Leh, Ladakh. Keeping up with its recent trend, the Solar Energy Corporation of India (SECI) has notified the extension in bid submission deadline for another tender. This time it has extended […] Read more
Northvolt to Invest $200 Mn to Establish Europe’s Largest Energy Storage Factory Updated On Mon, Feb 22nd, 2021 by Saurenergy Northvolt’s vision of enabling the future of energy takes a new step forward through a $200 million expansion of its battery systems capabilities in Gdańsk, Poland. Entering into production in 2022, a new factory will have an initial annual output of 5 GWh, and potential future capacity of 12 GWh. “Securing battery cell manufacturing capacity […] Read more
