Scatec Solar and partners sign Power Purchase Agreements for 400 MW Solar PV Plants in Egypt Updated On Thu, Apr 20th, 2017 by Saurenergy Located in Ben Ban area near Aswan in Upper Egypt, the 400 MW Solar PV plants are expected to generate about 870 GWh of solar power per year. Scatec Solar and partners have signed 25-year Power Purchase Agreements for delivery of electricity from six solar PV plants totaling 400 MW (DC) with the Government of […] Read more
LG Chem Launches Range of Residential Battery Systems in North America Updated On Thu, Apr 20th, 2017 by Saurenergy LG Chem has launched its residential battery system in the North American market with a high-voltage 400V version. This is its first from a lineup that will be available soon throughout the U.S. and Canada. LG Chem Ltd., a global leader in lithium-ion batteries for automotive, stationary and consumer applications, has formally launched its range […] Read more
Half of India’s energy capacity will be from non-fossil fuel sources in 10 years Updated On Wed, Apr 19th, 2017 by Saurenergy If India achieves its target to install 175 GW of renewable energy capacity by 2022 — as committed under the 2015 Paris Agreement — it will not need to install, at least until 2027, any more coal-fired capacity than the 50 GW currently under construction. Non-fossil fuels — renewables, nuclear and large hydroelectric power plants […] Read more
Solar Junction Box “The Black Wizard Bihind Panels” Updated On Wed, Apr 19th, 2017 by Saurenergy With the rise of the solar industry during the past decade, demand for PV systems and their components has increased drastically. Best termed as the Balance of System (BoS), these solar system components are becoming significant and integrated part of the PV industry. The technological advancement in making of each component and constant innovative approach […] Read more
Hope for Micro Grids Updated On Tue, Apr 18th, 2017 by Saurenergy While perennial sinking prices of renewable energy systems, integrating technologies such as photovoltaic rooftop systems and solar farms into regional grids will require energy storage in the form of batteries and other technologies for load continuity. Currently, about 1.2 billion people in emerging economies lack access to electrical power. The World Bank report claims that […] Read more
There’s more to Indian Solar Tariffs than Meets the Eye Updated On Tue, Apr 18th, 2017 by Saurenergy The record low solar tariff of INR 3.29 that was bid in Rewa Solar Power Project, has been surpassed by National Thermal Power Corporation’s 250 MW project, Engie’s Solairedirect submitting INR 3.15 tariff rate. India achieved a record low solar tariff of INR 3.29 (US¢ 5.1)/kWh in the Rewa tender in February. That record was […] Read more
Secondary Solar Market in India Updated On Tue, Apr 18th, 2017 by Saurenergy with the rise of the solar market, there has been a constant pressure on Indian developers to churn their capital. To minimize the pressure the developers are laying the foundation for the advent of the secondary market for solar assets by shopping their rapidly growing solar projects to prospective investors. The merger and acquisition (M&A) […] Read more
SOVA SOLAR Gripping the mainstream of Indian Solar Industry Updated On Tue, Apr 18th, 2017 by Saurenergy “ To take our manufacturing excellence to the next level we have completely automated our manufacturing facility in January. This will help us to provide world-class PV modules within a reduced timeline and higher efficiency. We aim to achieve 1 GW manufacturing capacity by 2018. The company has also announced new international EPC venture in […] Read more
MEDA Deprives 300 Solar Power Consumers of Sanctioned Subsidy Updated On Mon, Apr 17th, 2017 by Saurenergy Maharashtra Energy Development Agency has stripped around 300 solar power consumers from central government subsidy. Change in norms by Maharashtra Energy Development Agency (MEDA) has deprived over 300 solar power consumers of central government subsidy. Solar consumers have demanded that MEDA and state energy ministry should take a sympathetic view of their cases and sanction […] Read more