US Residential Solar Financier GoodLeap Raises $800m Updated On Mon, Oct 18th, 2021 by Saurenergy GoodLeap is set to expand beyond solar into the broader market for sustainable home improvement, options for carbon reduction and in the medium to long term, even EV’s and EV charging stations. The $800 m fund raise was led by MSD Partners, besides existing shareholders. With this fund raise, Goodleap’s valuation has risen to $12 […] Read more
Solar Module Prices Hit 2 Year highs, Gap Between Multi, Mono-Perc Widens Updated On Tue, Oct 12th, 2021 by Saurenergy Solar Module prices in China’s ‘spot’ market continued to rise further at the end of the China National Day Holiday Weekend. Thus, the price trend continues unabated from before, with no immediate sign of respite. We had reported last week on how the top 5 Chinese manufacturers had urged developers to go slow, or defer […] Read more
Rooftop Solar to Supply 25-49% of Global Electricity Needs by 2050: Study Updated On Thu, Oct 7th, 2021 by Saurenergy Owing to improved deployment capability and reduced costs, rooftop solar photovoltaics (PV) technology, such as roof mounted solar panels used in home, commercial and industrial buildings, is currently the fastest deployable electricity generation technology. According to a new report, it is projected to supply 25–49% of global electricity needs by 2050. Despite these predictions, a […] Read more
Rooftop Solar Sets New Gen Record on Australian Grid Amid RE Boom Updated On Wed, Oct 6th, 2021 by Saurenergy With generation capacity peaking at 9,104 MW at midday on October 6, 2021, and contributing to more than one-third of the total generation mix on the National Energy Market, rooftop solar has established yet another record in Australia. At midday on Wednesday rooftop solar was supplying 34.6% of the total generation mix on the NEM, […] Read more
PEDA Floats Tender to Set Up 220 MW Solar Plants in Punjab Updated On Wed, Oct 6th, 2021 by Saurenergy The Punjab Energy Development Agency (PEDA) has invited applications from interested farmers for setting up solar PV power plants of individual capacity 1, 1.5 or 2 MW in Punjab under the PM-KUSUM Scheme for sale of power to Punjab State Power Cooperation Limited (PSPCL). The total aggregate capacity of solar power plants to be set […] Read more
Solar Cells With 30-year Lifetimes for Power-generating Windows Updated On Tue, Oct 5th, 2021 by Saurenergy A new transparency-friendly solar cell design could marry high efficiencies with 30-year estimated lifetimes, research led by the University of Michigan, U.S., has shown. It may pave the way for windows that also provide solar power. “Solar energy is about the cheapest form of energy that mankind has ever produced since the industrial revolution,” said […] Read more
Italy Offers 3.3 GW Wind & Solar in New RE Tender Updated On Tue, Oct 5th, 2021 by Saurenergy Italy’s state energy management agency Gestore dei Servizi Energetici (GSE) has launched the country’s seventh renewable energy tender that is expected to award 3,312MW of solar photovoltaic and wind capacity. The tender was opened last week and the latest contracting process includes unallocated capacity in previous six unsubscribed auctions, totalling 2,485 MW. Italy’s sixth tender ended up […] Read more
Respite for South East Asia Manufacturers, As US Delays Decision on Solar Tariffs Updated On Tue, Oct 5th, 2021 by Saurenergy The complaint by a group of manufacturers calling themselves the American Solar Manufacturers Against Chinese Circumvention, or A-SMACC that sought higher tariffs on Southeast Asian solar-power imports has led to an interesting situation with the US department of commerce asking the firms to identify themselves first. The issue had been raised by the largest body […] Read more
Turkey Tenders 1.5 GW Solar Project for 5th Round of RE Auction Updated On Mon, Oct 4th, 2021 by Saurenergy Turkey has invited bids for a 1.5 GW solar tender for the fifth auction round of its Yenilenebilir Enerji Kaynak Alanları (YEKA) renewable energy program, the submission of which must be done on January 12, 2022. The country’s Ministry of Energy aims to select 76 large scale PV projects with capacities ranging from 10 to 30 […] Read more