Author: Saur News Bureau

Sungrow Bags Largest BESS Project In South East Asia

Leading inverter solution supplier Sungrow is working with Super Energy, a leading renewable energy provider in South East Asia to build Southeast Asian largest battery energy storage system (BESS) project. Sungrow will supply the comprehensive PV plus BESS solution, comprising of 49.01 MW PV inverter solutions and 45 MW/136.24 MWh battery energy storage system. This project […]

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Norway Will Help Vietnam Uncover its Offshore Wind Power Potential

Norwegian Ambassador to Vietnam Grete Løchen and Commercial Counsellor Arne-Kjetil Lian recently have handed over the ‘Vietnam Supply Chain Study Report’ to Vietnamese Minister of Industry and Trade Nguyen Hong Dien. The 70-page report provides an overview of the entire supply chain for Vietnam’s offshore wind industry, recommendations on what Vietnam can prioritise to stimulate the […]

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TVS Industrial & Logistic Parks to Produce Solar Pwr for Decarbonisation

TVS Industrial and Logistic Parks is mulling to generate solar power using roof and open spaces within its parks to help it reduce electricity consumption and achieve further decarbonisation. The plan is currently under evaluation and a final decision is expected to be taken by next month, a company spokesperson was reported by media as […]

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Japanese Wind Turbine Can Harness Typhoon Energy

As governments and companies globally rush to install as much renewable energy capacity as possible to cut carbon emissions, areas often not suitable for solar arrays or wind farms are opening up for development with advances in technology. In Japan, a start-up called Challenergy has designed a wind turbine that works in cyclonic conditions, which typically […]

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UK Researchers to Develop Anti-soiling Coating for Solar Modules

Solar experts from Loughborough University have been awarded funding to create a durable and scalable anti-soiling coating for solar modules. Project lead Professor Michael Walls, Professor of Photovoltaics for Power Systems in the university’s Centre for Renewable Energy Systems Technology (CREST), says the three-year-long study, funded by the Engineering and Physical Sciences Research Council (EPSRC), […]

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Array Technologies Buys STI Norland in $652 million Tracker Deal

American solar tracker firm Array Technologies is in advanced talks to acquire Spanish tracker manufacturer Soluciones Técnicas Integrales Norland (STI Norland) in a deal valued at around €570 million (US$652 million) in cash (€351 million/US$401 million) and stock. The  deal closure is expected by Q1 of 2022. In 2020, STI generated revenues and EBIDTA of […]

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Suzlon Group Q2 FY22 Results: Rs 12.40 Cr Net Loss

Pune-headquartered renewable energy solutions provider Suzlon Group has announced its second quarter results for the financial year 2021-22 (Q2 FY22). Suzlon reports a net loss of Rs. 12.40 crores. Other key highlights of Suzlon Group Financial Results Q2 FY22 are as follows: Revenue : Rs. 1,346.51 crores EBITDA: Rs. 232.71 crores EBITDA margin: 17.28 % EBIT: Rs.171.45 […]

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Engie, Credit Agricole Agree To buy Spanish Form Eolia Renewables for €2 bn

French energy major Engie and insurance firm Crédit Agricole Assurances acquiring Spanish renewable energy company Eolia Renovables. By the end of the transaction, the two firms will own 97.33 % of Eolia. The deal will add 821MW of onshore wind capacity, 78MW of solar photovoltaic (PV) capacity and a pipeline of renewable projects whose total […]

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UK To Provide Credit For Turney’s Largest Solar Project

The UK Export Finance (UKEF) said on Monday it would provide over £217 million ($291.04 million) in export credit for the financial closure and construction of Turkey’s largest solar facility. This will be the largest ever commitment from UKEF for a renewable energy project, indicating the clear shift in priorities underway at European governments post […]

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