South Africa Moves A Step Closer to 540 MW Solar and 1.1 GW Storage With Scatec PPA Signing Updated On Wed, Jun 8th, 2022 by Saurenergy Oslo, Norway headquartered, Scatec ASA has signed a power purchase agreement for three co-located solar and storage projects under the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP) alongside the South African government. The PPA will run for 20 years. This agreement also included 540MW of solar power capacity. With this, South Africa is one […] Read more
Canadian Solar Loses Patent Claim to Solaria, Stops Modules Supply to US in Settlement Updated On Wed, Jun 8th, 2022 by Saurenergy Solaria Corporation has declared that it has settled its patent infringement claims against Canadian Solar. Solaria is a U.S.-based global provider of solar energy products and Canadian Solar is a Chinese solar panel manufacturer. According to the official statement, Solaria has agreed to terminate its litigations against Canadian Solar in exchange for Canadian Solar ceasing […] Read more
Despite Positive Results, Renewable Energy In Australia Faces Local Challenges Updated On Wed, Jun 8th, 2022 by Saurenergy Community protests are delaying Australia’s efforts to rebuild its overburdened electricity infrastructure, potentially delaying investments in wind and solar farms (Renewable Energy) that would be needed to replace retiring coal-fired power generation over the next 25 years. The continent sized country has long been blamed for going too slow on renewable additions, besides its high […] Read more
Horisont Energi Signs MoU with Lhyfe to Use Renewable Green Hydrogen Updated On Tue, Jun 7th, 2022 by Saurenergy Norway-based Horisont Energi has signed an MoU with Lhyfe to use renewable green hydrogen produced by Lhyfe to provide its ammonia plants in Europe. In response to the increasing demand for ammonia in Europe, the company has also signed a memorandum of understanding with the port of Rotterdam to set up a corridor for transport […] Read more
Energy Storage To Keep Pace With RE Installation In India – Fitch Ratings Updated On Tue, Jun 7th, 2022 by Saurenergy The success of renewable energy in any market largely depends on the energy storage capacity given the intermittency nature of it. The credit rating agency, Fitch Ratings, has said in its new report that power storage demand in India will expand at a rapid pace to stabilise the increasing variability on both the power supply […] Read more
Masdar To Develop 4 GW of Renewable Projects In Azerbaijan Updated On Tue, Jun 7th, 2022 by Saurenergy Adding to its international expansion, the UAE based leading renewable energy developer Masdar has announced that it has signed ‘implementation agreements’ with the Government of Azerbaijan to develop clean and renewable energy projects in the country with a combined confirmed capacity of 4,000 MW. Masdar will also have the right to develop an additional 6,000 […] Read more
Norwegian Prime Minister Revises Offshore Wind Ambitions Updated On Tue, Jun 7th, 2022 by Saurenergy Norway may see its first commercial scale offshore wind farm coming up in coming years as Prime Minister Jonas Gahr Store has declared that Norway will be allocating 30 GW of offshore wind energy capacity by 2040. The announcement means that Norway will be producing wind energy equal to actual energy consumption by Norway in […] Read more
Canadian Solar sells 70% stake in key Brazilian solar projects to SPIC Brasil Updated On Tue, Jun 7th, 2022 by Saurenergy In a major deal in the South American renewable energy market, Canadian Solar Inc. today announced it signed an agreement with SPIC Brasil to sell 70% stake in its 738 MWp solar power projects – Marangatu and Panati-Sitia in Brazil. SPIC Brasil is a leading power generation company in Brazil. SPIC Brasil is a leading […] Read more
Jharkhand Progresses Towards Plans For 4 Solar Projects Adding Up To 80 MW Updated On Mon, Jun 6th, 2022 by Saurenergy The state government of Jharkhand is in catch up mode with plans to develop four solar power parks in the state that is expected to reduce the dependence and share of the non-renewable energy sources in the state. As per the reports, the solar power parks will be collectively of 80 MW and once all […] Read more
