Sofar Solar Ready to Launch its Third Generation Inverter Updated On Fri, Mar 15th, 2019 by Saurenergy Sofar Solar, one of the leading string inverter companies in China, has revealed that it plans to launch its latest third generation inverter “SOFAR 1-3.3KW-G3” at the Solar Solution exhibition to be held in the Netherlands from March 19 to March 21, 2019. The new model includes SOFAR1100TL-G3, SOFAR1600TL-G3, SOFAR2200TL-G3, SOFAR2700TL-G3, and SOFAR3300TL-G3. The company […] Read more
World Bank and AfDB Commit $ 47 billion For African Climate Finance Updated On Fri, Mar 15th, 2019 by Saurenergy The World Bank and the African Development Bank have together committed close to $47 billion to African countries, for the period up to 2025 to fight climate change. In a significant announcement to provide much-needed financing for African countries likely to face the increasing effect of climate change, the funds’ pipe from the World Bank […] Read more
Global Offshore Wind Capacity to Cross 81 GW by 2024 Updated On Thu, Mar 14th, 2019 by Saurenergy The global offshore wind energy market is expected to exceed more than 81,000 MW by 2024, growing at a CAGR of more than 25% in the given forecast period. A report by Market Research Engine said that the major driving factors of offshore wind energy market are its various advantages over its onshore counterpart is […] Read more
Germany Met 65% of its Weekly Energy Demands From Renewables Updated On Wed, Mar 13th, 2019 by Saurenergy Maintaining the trend of renewables regularly crossing the 50% mark, last week saw them supply 65% of power in Germany. Renewable energy made up 64.8% share of electricity generation in Germany last week, according to solar research institute Fraunhofer ISE. The achievement was mainly due to strong production from wind facilities. You must be wondering […] Read more
ReNew Power Concludes $375 Mn Green Bond Issue Updated On Wed, Mar 13th, 2019 by Saurenergy The capital raised through the green bond issue will be utilised for refinancing of outstanding external commercial borrowings and as Capex in eligible green projects. ReNew Power Limited, one of India’s largest renewable energy Independent Power Producer (IPP) has successfully concluded a green bond issue of US$ 375 million. The five-year non-call two notes were […] Read more
Disputed Patents Are About ALD While We Use PECVD Technology: LONGi Updated On Fri, Mar 8th, 2019 by Saurenergy However, the company further added that, at this time, it has not received any legal case documents about the complaints, nor any official business negotiation correspondence from Hanwha Q-CELLS on this matter before this event. On the patent infringement lawsuit filed by the Korean firm Hanwha Q-Cells, China-based solar modules maker LONGi said that the […] Read more
REC Group Reacts to Hanwha’s Patent Infringement Lawsuit; Says Action Not Officially Commenced in Germany Updated On Fri, Mar 8th, 2019 by Saurenergy However, the company is investigating the matter and working closely with its legal counsel, and will take all necessary steps to rigorously defend itself, its customers and its partners, REC Group said. Europe-based REC Group expressed its reactions on the media reports of Hanwha Q-Cells filed lawsuits against REC Group in the US and in […] Read more
GWEC, WBG to Work Together to Develop Global Offshore Wind Markets Updated On Thu, Mar 7th, 2019 by Saurenergy GWEC will coordinate with the World Bank’s Energy Sector Management Assistance Program (ESMAP) and the International Finance Corporation (IFC) on efforts to accelerate the uptake of offshore wind in emerging markets. Global Wind Energy Council (GWEC) and World Bank Group (WBG) is mulling to work together on efforts to develop offshore wind in emerging markets. […] Read more
Nordex Bags Orders in Luxembourg and Italy Updated On Thu, Mar 7th, 2019 by Saurenergy European wind energy major, Nordex group has received its first order from Luxembourg, for a 23 MW project. The manufacturer will be supplying seven N131/3300 turbines for the “Wincrange” wind farm. The customer is PW34 S.a.r.l., a project development company based in Derenbach. In addition, the Nordex Group has concluded a Premium Service Agreement covering […] Read more