Renewables Account for Almost Three Quarters of New Capacity in 2019 Updated On Mon, Apr 6th, 2020 by Saurenergy The renewable energy sector added 176 GW of generating capacity globally in 2019, which is marginally lower than 179 GW added in the previous year. According to data released by the International Renewable Energy Agency (IRENA), new renewable power accounted for 72 per cent of all power expansion last year. IRENA’s Renewable Capacity Statistics 2020 shows that […] Read more
Midsummer Gets Production Line Order from Rusnano Group to Tap Russian Solar Market Updated On Mon, Apr 6th, 2020 by Saurenergy Swedish solar energy technology solutions provider Midsummer has secured solar cell production line order from Rusnano Group, the Russian government-owned technology giant. This is the first order, which the company has bagged under the framework agreement it signed with Rusnano Group in September last year. Rusnano Group has aimed to develop the non-silicon flexible photovoltaics (PV) market […] Read more
Majuperak Enters JVA for Solar Energy Project in Malaysia Updated On Mon, Apr 6th, 2020 by Saurenergy Malaysian investment holding company Majuperak Holdings Berhad (MHB) has entered into a joint venture agreement (JVA) with United Solar Energy to jointly venture into the solar photovoltaic (PV) generating system project using net energy metering scheme in the state of Perak in Malaysia. The company’s wholly-owned subsidiary Majuperak Power Resources has entered into an agreement through via […] Read more
MNRE Continues To Bat For Renewable Energy. Will It Be Enough? Updated On Mon, Apr 6th, 2020 by Saurenergy Continuing with its quick moves, after every such incident, the Ministry of New and Renewable Energy has clarified again that distribution companies that do not honour their power purchase agreements will be charged for ‘deemed generation.’ In other words, if they happen to curtail power from RE producers despite the instructions to treat them as ‘must […] Read more
Toyota Launches Renewable Venture With Chubu Electric in Japan Updated On Mon, Apr 6th, 2020 by Saurenergy Toyota has established Toyota Green Energy with Chubu Electric for the purposes of obtaining and managing renewable energy sources in Japan Toyota Motor Corporation has announced that it has concluded an agreement to establish Toyota Green Energy LLP with Chubu Electric Power and Toyota Tsusho Corporation, for the purposes of obtaining and managing renewable energy […] Read more
Nordex Group Reports Order Intake of 1.6 GW in Q1 2020 Updated On Mon, Apr 6th, 2020 by Saurenergy The Nordex Group has announced that it has closed the first quarter (Q1) of 2020 with an order intake of 1.644 GW, up 59% from the same period in 2019 The Nordex Group has announced that it has closed the first quarter of 2020 with an order intake of 1.644 GW, increasing the volume of […] Read more
Ministry of Power Answers Queries on Grid Stability During 9PM9Minutes Updated On Sun, Apr 5th, 2020 by Saurenergy The Ministry of Power has issued FAQs answering the most important questions raised by the public and key stakeholders on grid stability during 9PM9Minutes Prime Minister Narendra Modi at 9 AM on April 3, 2020, had urged all countrymen to switch off their lights for 9 minutes at 9 pm on Sunday (April 5, 2020) […] Read more
Yinson Forays into Renewable Energy via Buying 37.5% Stake in Indian IPP Updated On Sat, Apr 4th, 2020 by Saurenergy Malaysian company Yinson, via its arm Yinson Renewables (S) Pte Ltd, has forayed into the renewable energy segment and bought 37.5 percent stake in the Indian Independent Power Producer (IPP) Rising Sun Energy Pvt Ltd (RSE). The company said that it has signed “multiple agreements to acquire a 37.5 percent equity interest in RSE, a […] Read more
Growatt Gets Major Share in India’s 2.2GW Rooftop Solar Capacity Addition in 2019: Report Updated On Fri, Apr 3rd, 2020 by Saurenergy India has installed more than 2.2 GW of rooftop solar capacity in 2019, as per the recently released report by the research and advisory services firm JMK Research & Analytics. However, the research firm in its annual India Solar Report Card has lowered its expectation of rooftop solar installation capacity in India for the year […] Read more
