Ecoppia IPO in Israel Signals Maturity In Robotic Cleaning For Solar Updated On Thu, Dec 3rd, 2020 by Saurenergy Ecoppia Scientific Ltd, the Israel-based leader in water-free solar panel cleaning robots, has raised USD 82.5 million from institutional investors in its initial public offering (IPO) in Tel Aviv. That has supported the firm’s IPO completion with the public. Listing should happen this week. The IPO values the company at around USD 300 million, it […] Read more
The Case For Storage Is a Tough Sell At Reinvest 2020 Updated On Wed, Dec 2nd, 2020 by Saurenergy RE-invest 2020’s session on battery storage, with a focus on innovation and sustainability, sent out mixed messages on the potential for, and need for battery storage in India. Thus, while some of the panelists drove home the point that long term storage was not really a requirement for India yet, considering the little gap between […] Read more
UK Approves Europe’s Biggest Battery By Intergen, 320MW/640 MWh By 2024 Updated On Wed, Dec 2nd, 2020 by Saurenergy Edinburgh-headquartered energy company InterGen has been granted planning consent to build the UK’s largest battery storage project at DP World London Gateway on the Thames Estuary, The £200m (Rs 1,970 crores) project is set to provide at least 320MW/640MWh of capacity, with the potential to expand to 1.3GWh – more than ten times the size […] Read more
Macquarie Owned Blue Leaf Energy Enters India With Vibrant Energy Acquisition Updated On Tue, Dec 1st, 2020 by Saurenergy Blue Leaf Energy Asia Pte Limited (Blueleaf Energy) has acquired a majority stake in Vibrant Energy Holdings Pte Ltd (Vibrant Energy) from ATN International, Inc (ATN). Vibrant Energy claims to currently have a portfolio of 66 MW of operational solar PV projects, and an active development pipeline of over 400 MW across India. By combining […] Read more
Will CERC Restart in December? Hopes High As 174 Judgements Await Sunlight Updated On Thu, Nov 26th, 2020 by Saurenergy The Central Electricity Regulatory Commission (CERC), which has been shut since an Aug 29 ruling by the Supreme Court, might just reopen before its shutdown crosses 100 days, with luck. The SC order, which had been written to enforce an earlier ruling of 2018 mandating a member of law at all such commissions, had forced […] Read more
Dubai’s 5GW Solar Park On Track With 3rd Phase Opening Updated On Wed, Nov 25th, 2020 by Saurenergy The Dubai Water and Electricity Authority (DEWA) has formally announced the official opening of the 800 MW third phase of the Mohammed bin Rashid Al Maktoum Solar Park (MBRAM). Named after the UAE’s Prime Minister and Vice President, Sheik Mohammed bin Rashid Al Maktoum himself came to do the honours. With the latest opening, the park’s […] Read more
With Fresh Price Lows In Auctions, Are Solar Projects Awaiting PSA’s Truly Safe? Updated On Tue, Nov 24th, 2020 by Saurenergy In the last month and more, there have been multiple reports about the failure of the Solar Energy Corporation of India (SECI), a key nodal body that has been conducting utility scale solar auctions to sign PPA’s (Power purchase Agreement) with winning developers. SECI in turn blames it on the delay on the part of […] Read more
Solar Loans Securitisation. Loanpal Raises $400 Million In US Updated On Tue, Nov 24th, 2020 by Saurenergy Almost no infra sector can grow without access to finance, and this is as true of residential solar as anything else. If the Auto and housing sector exploded on the back of better access to finance, then the residential solar sector, at least in the US, seems to be going the same way. And now, […] Read more
“The Solar Adoption Experience For Consumers Has Been Poor” Updated On Fri, Nov 20th, 2020 by Saurenergy One of the strongest reasons for encouraging solar rooftop, besides the obvious benefits, is the opportunities it creates for jobs, when compared with utility scale solar. Thanks to a more open market, a whole eco-system of suppliers, be it modules, structures, inverters and more have adapted to the opportunity. Finally, the very fact that in […] Read more
