Canadian Solar Secures Financing to Invest in Solar Development in Italy Updated On Wed, Mar 18th, 2020 by Saurenergy Canadian Solar has secured a EUR 55 million bilateral Revolving Credit Facility to fund the construction of a 151 MWp of solar PV portfolio in Italy Canadian Solar, one of the world’s largest solar power companies, has announced that it has secured a EUR 55 million bilateral Revolving Credit Facility with Intesa Sanpaolo to fund the construction of a 151 […] Read more
Uzbekistan Sees High Foreign Interest in its Renewable Energy Push Updated On Wed, Mar 18th, 2020 by Saurenergy The Ministry of Energy of Uzbekistan has shared an update on progress towards the aim of generating a quarter of all electricity from renewable energy, by 2030. The Ministry of Energy of Uzbekistan has shared an update on progress towards the country’s ambitious aim of generating a quarter of all electricity from renewable sources, by 2030. “This […] Read more
Solar Accounted for 40% of new US Electric Generation Capacity in 2019 Updated On Tue, Mar 17th, 2020 by Saurenergy Solar accounted for 40% of all new electric generating capacity in the US in 2019, its highest share ever and more than any other source, with 13.3 GW installed Solar accounted for 40 percent of all new electric generating capacity in the US in 2019, its highest share ever and more than any other source […] Read more
IRENA Invites RE Developers to Register Projects on Investment Platform Updated On Tue, Mar 17th, 2020 by Saurenergy IRENA is calling for renewable energy project developers to register suitable projects via a purpose-built portal organised around 14 regional clusters. A landmark initiative launched by a coalition of intergovernmental partners during the UN Climate Action Summit in September 2019, has now entered an operational phase. The International Renewable Energy Agency’s (IRENA) contribution to the […] Read more
Distribution the Weakest Link in India’s Power Sector: IEEFA Updated On Tue, Mar 17th, 2020 by Saurenergy A new IEEFA briefing note has found that the power distribution sector is the weakest link in the entire value chain of the Indian power sector. The precarious financial health of Discoms coupled with a lack of competition is undermining India’s power distribution and generation sectors and hindering much needed new renewable energy investment, a […] Read more
ANU Researchers set Efficiency Record of 27.7% With Tandem Solar Cells Updated On Mon, Mar 16th, 2020 by Saurenergy Researchers at ANU have set a new record for the conversion efficiency of 27.7 percent for mechanically-stacked perovskite-silicon solar tandem cells. The future of solar technology is almost reality, with researchers at The Australian National University (ANU) setting a new record for the conversion efficiency of sunlight into energy. The researchers have set a new […] Read more
MSEDCL 500 MW Solar Tender Receives Only 2 Bids Worth 350 MW Updated On Mon, Mar 16th, 2020 by Saurenergy MSEDCL latest tender for the long-term procurement of power from 500 MW solar projects has received only two bids worth a combined 350 MW. The Maharashtra State Electricity Distribution Company Limited’s (MSEDCL) latest tender for the long-term procurement of solar power from 500 MW of intra-state grid-connected projects (Phase – V) has been undersubscribed by […] Read more
Total to Develop 25 MWh Battery Energy Storage Project in France Updated On Fri, Mar 13th, 2020 by Saurenergy Total has announced that it has launched a battery energy storage project with a storage capacity of 25 MWh, which will be the largest in France. Total has announced that it has launched a battery-based energy storage project in Mardyck, at the Flandres Center, in Dunkirk’s port district. With a storage capacity of 25-megawatt hours (MWh) […] Read more
Tender for 150 MW Solar Projects Issued in Sri Lanka Updated On Thu, Mar 12th, 2020 by Saurenergy CEB in Sri Lanka has issued an RfP for 150 MW solar PV power plants in 1-10 MW capacities on BOO basis under the Sooraya Bala Sangramaya Phase – III. The Ceylon Electricity Board (CEB) in Sri Lanka has issued a Request for Proposal (RfP) inviting bids from eligible firms for the establishment of 150 […] Read more
