Enfinity Global adds to portfolio in Japan 250 MW solar portfolio worth $1 billion Updated On Mon, Feb 21st, 2022 by Saurenergy Enfinity Global Inc., a leading renewable energy and sustainability services company, has announced the acquisition of a 250 MW solar photovoltaic portfolio in Japan with an enterprise value of $1 billion. This acquisition consolidates Enfinity Global’s platform in Japan and positions the company for further expansion in the country. The acquisition includes three operational large-scale solar power plants and […] Read more
MNRE Minister confirms fresh bids to be called for expanded Solar PLI Scheme Updated On Sun, Feb 20th, 2022 by Saurenergy Union minister for Power and Renewable Energy RK Singh has said that the fresh bids will be invited for the setting up of 40,000 MW production capacity for solar modules and cells under the production-linked incentive (PLI) scheme. Finance Minister Nirmala Sitharaman had made an additional outlay of Rs 19,500 crore for the PLI scheme […] Read more
Sungrow Ties Up With Comtronics for Distribution in Nepal Updated On Fri, Feb 18th, 2022 by Saurenergy Sungrow Power has signed a new distribution agreement with Comtronics Pvt. Ltd., a Nepalese company with an objective to develop and satisfy multi-disciplinary clients’ technical needs in Renewable Energy field. Sungrow is leading inverter supplier for renewables. This agreement marks Sungrow’s forward-looking strategy in developing the emerging markets of renewable energy ahead of competitors. […] Read more
AMPYR gets $455m for 2GW of new solar energy projects Updated On Fri, Feb 18th, 2022 by Saurenergy European conglomerate AMPYR Solar Europe (ASE) has secured a massive facility of $455 million or €400 million that will enable the company to establish about 2GW of solar power capacity into operation. This project will span the entire Europe and shall be complete by 2025. The facility has been secured from CarVal Investors. AMPYR Solar […] Read more
Saudi Arabia’s Bin Omairah to Up Solar Panel Exports to Europe, Africa Updated On Fri, Feb 18th, 2022 by Saurenergy Saudi Arabia’s Bin Omairah Holding has planned to increase the export of its solar panels to capitalise on the expanding markets of Europe and Africa. The exports will be done from the company’s factory operational in the Tabuk region. It has also been learnt that the company has plans to open another plant for solar panels […] Read more
Chile to Hold 5.25GWh RE Auctions Over Next 15 Years Updated On Thu, Feb 17th, 2022 by Saurenergy The Chilean Energy Regulator (CNE) has launched an auction to provide 5.25GWh of electricity to the national grid. This will take placevover a period of 15 years and the addition of electricity will begin from 2027. The new information has been shared by the Regulator on its website. According to the latest note, the consultation […] Read more
NTPC Seeks Bids for Maintenance of 255 MW Solar Projects Updated On Thu, Feb 17th, 2022 by Saurenergy India’s leading power generating conglomerate NTPC Limited, formerly National Thermal Power Corporation Limited, has invited bids for the maintenance of its solar power projects totalling 255 MW capacity. There are two separate solar plants that require service in the fresh contract. A 250 MW solar power plant is based in Ananthapuram district of Andhra Pradesh. A […] Read more
US Researchers Pursue 5¢/kWh Energy Cost Goal with New CSP System Updated On Thu, Feb 17th, 2022 by Saurenergy The US National Renewable Energy Laboratory (NREL) and the Department of Energy (DoE) are working on a state-of-the-art concentrated solar power (CSP) facility as the government looks to reduce the energy cost to a mere 5 cents per kWh. The new technology is expected to have the potential to lower the cost of renewable energy […] Read more
China’s RE Boom Year Poses Challenges to Western Markets: WoodMac Updated On Thu, Feb 17th, 2022 by Saurenergy China’s renewables manufacturing has emerged from 2021 bigger and more competitive than ever before. Western markets are benefitting from trading with the IKEA of the energy transition, but balancing reliance on China’s technology providers with local interests is now a key political as well as environmental challenge, says Wood Mackenzie. China’s need to meet soaring […] Read more
