After Slow Down, Tesla Restarts Solar Business With Rental Plans Updated On Mon, Aug 19th, 2019 by Saurenergy Tesla is trying to spark its solar-panel business by letting consumers rent rooftop systems rather than buy them from the company at no upfront cost Tesla is trying to spark its solar panel business by letting consumers rent rooftop systems rather than buy them. Tesla Inc. CEO Elon Musk announced the offering in a series of […] Read more
Vestas Earnings dip While Recording Highest Quarter Intake and Order Backlog Updated On Sat, Aug 17th, 2019 by Saurenergy Vestas revealed that revenue and earnings decreased while the highest ever quarterly order intake and combined order backlog at an all-time high level. Vestas has revealed that revenue and earnings decreased compared to last year’s second quarter while free cash flow improved. Highest ever quarterly order intake and combined order backlog at an all-time high […] Read more
Energy Vault Gets $110 mn Investment From Softbank Vision Fund Updated On Sat, Aug 17th, 2019 by Saurenergy Energy Vault has announced that it has completed a USD 110 million Series B funding round led by the SoftBank Vision Fund. Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, has announced that it has completed a USD 110 million Series B […] Read more
Sungrow Supplies Central Inverters for Argentina’s Largest Solar Plant Updated On Fri, Aug 16th, 2019 by Saurenergy Also, the project is expected to supply approximately 240 GWh of clean energy to the Argentinean power system every year. One of the global leading inverter supplier for renewable, Sungrow has supplied its 1500Vdc central inverter solutions for Argentina’s largest solar plant. The 100.1 MWp solar plant came online in Cafayate of Salta Province in […] Read more
RE 100 Not on Track to Meet 2030 Clean Energy Goals: BNEF Updated On Fri, Aug 16th, 2019 by Saurenergy The renewable energy group RE 100 is far from its target of accessing 100 percent clean energy for its member companies, says BNEF The fanfare surrounding the global clean energy initiative RE 100 could not hide the shortfall that its members are faced with. According to the latest research forecast published by the Bloomberg […] Read more
REC Group and Meyer Burger Sign MoU for Strategic Collaboration Updated On Fri, Aug 16th, 2019 by Saurenergy REC Group has signed a memorandum of understanding for a strategic collaboration with the Swiss technology leader, Meyer Burger. Following the successful launch of its groundbreaking Alpha solar panel at Intersolar in Munich in May 2019. The REC Group, one of the leading European brands for solar photovoltaic panels has announced that it has signed a memorandum of understanding […] Read more
EBRD, OPIC and IFC to Provide $252 mn Loan for 250 MW Wind Farm in Gulf of Suez Updated On Fri, Aug 16th, 2019 by Saurenergy A joint USD 252 million investment by the EBRD, IFC and the OPIC will finance a new 250 MW wind farm in the Gulf of Suez. The European Bank for Reconstruction and Development (EBRD) has announced that it is stepping up its support for renewable energy in Egypt by providing funds to one of the biggest wind […] Read more
Yingli Supplies 110 MW Solar Panels to Solaria for 3 Projects Updated On Fri, Aug 16th, 2019 by Saurenergy Yingli Green Energy, through its wholly-owned subsidiary Yingli Europe, has supplied 110 MW of polycrystalline solar panels to Spanish operator Solaria Yingli Green Energy Holding, one of the world’s leading solar module manufacturers, has announced that its wholly-owned subsidiary Yingli Europe has supplied 110 MW of polycrystalline solar panels to Spanish operator Solaria Energía y […] Read more
E.ON Announces 440 MW Wind Project in Texas Worth $500 MN Updated On Fri, Aug 16th, 2019 by Saurenergy E.ON has announced what is its largest single-phase project to date, the 440 megawatts (MW) onshore wind farm, Big Raymond in Texas German energy utility firm E.ON has announced what is its largest single-phase project to date, the 440 megawatt (MW) onshore wind farm, Big Raymond in Texas. The project will be developed in the […] Read more