Mainstream Renewable Power Closes Financing for Chilean Solar-Wind Farm Updated On Mon, Jul 5th, 2021 by Saurenergy Global wind and solar company Mainstream Renewable Power has achieved financial close for the third and final phase of its “Andes Renovables” wind and solar platform in Chile. The US$182 million in debt raised will be used to build the “Copihue” phase which consists of one wind farm, named Camán, located in central Chile. The […] Read more
Risen Energies To Invest $10 bn To Set Up Solar PV Cell Factory in Malaysia Updated On Fri, Jun 25th, 2021 by Saurenergy China-based solar company Risen Energy Co. Ltd yesterday announced its first investment in Southeast Asia, with the aim to produce 3GW of high-efficiency photovoltaic modules to meet growing global demand. The company is expanding its global footprint by opening its latest production base in Kulim Hi-Tech Park, Kedah, Malaysia, in response to the strong support […] Read more
PwC Report Claims Solar Thermal is Best for Nighttime Electricity Generation in Spain Updated On Thu, Jun 24th, 2021 by Saurenergy Spanish solar thermal companies are present in more than three-quarters of the world’s projects, becoming a successful case of technology export in the category. In addition to new plants awarded by auctions to comply with the PNIEC (National Plan for Energy and Climate), there are possibilities to expand existing plants to have more night-time renewable […] Read more
Lightsource bp Invests in 703 MW Spanish Solar Projects Updated On Thu, Jun 24th, 2021 by Saurenergy Europe’s largest solar developer Lightsource bp has invested 475 million euros (USD 566 million) to acquire a pipeline of three solar projects in Spain from Spanish company Grupo Jorge. The three projects totaling 703 MW are located in Aragon. Aragon is a landlocked region in northeastern Spain comprising the provinces of Huesca, Zaragoza, and Teruel. […] Read more
China PV Assn Head Declares 600W Panels Key To Carbon Neutrality Updated On Mon, Jun 21st, 2021 by Saurenergy Gao Jifan, the honorary President of the China Photovoltaic Industry Association, and also Chairman of Trina Solar, said that the high power 600W+ PV industry will play a critical role in helping China achieve its goals of achieving a CO2 emissions peak by 2030 and carbon neutrality by 2060. Gao was speaking at the recently […] Read more
Chinese Module Maker Yingli Solar Seeks A Comeback Updated On Fri, Jun 11th, 2021 by Saurenergy Yingli Solar, which was once the largest manufacturer of solar panels in the world and the first Chinese company to sponsor the FIFA World Cup TM, has announced plans to make a serious comeback. The Hebei province-based firm, which slipped from a peak turnover of over $2.4 billion in 2011 to less than $650 million […] Read more
Solar Generated Maximum Electricity Among all Renewables in Australia Updated On Thu, Jun 10th, 2021 by Saurenergy Solar passes all other renewable resources in terms of Australia’s electricity generation in 2020. According to ‘Australia Energy Statistics’ 2020, published by the Department of Industry, Science, Energy, and Resources, the total electricity generation in Australia was estimated to be 265,232 gigawatt-hours (GWh) in the calendar year 2020, remaining materially unchanged since 2019. Interestingly, solar […] Read more
First Solar to Expand Its US Manufacturing Capacity by 3.3 GW Updated On Thu, Jun 10th, 2021 by Saurenergy The leading American manufacturer of solar panels and PV power plants, First Solar Inc. has announced its plans of expanding its American domestic photovoltaic (PV) solar manufacturing capacity by 3.3 GWDC (gigawatt direct current) annually, with an investment of USD 680 million. This investment is representing an implied capital expenditure of approximately USD 0.20 per […] Read more
World’s 1st Solar-Hydro Plant for Longer Duration Energy Storage: ARENA Updated On Thu, Jun 10th, 2021 by Saurenergy On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced $15 million in funding to RayGen Resources Pty Ltd (RayGen) to construct its first of a kind ‘solar hydro’ power plant comprising 4 MW of solar PV generation and 3 MW / 50 MWh (17 hours) of dispatchable storage capacity […] Read more
