Array Technologies Buys STI Norland in $652 million Tracker Deal Updated On Mon, Nov 15th, 2021 by Saurenergy American solar tracker firm Array Technologies is in advanced talks to acquire Spanish tracker manufacturer Soluciones Técnicas Integrales Norland (STI Norland) in a deal valued at around €570 million (US$652 million) in cash (€351 million/US$401 million) and stock. The deal closure is expected by Q1 of 2022. In 2020, STI generated revenues and EBIDTA of […] Read more
November ALMM List. Total Mfg Capacity of 10.8 GW, Vikram Solar Adds 972 MW Updated On Fri, Nov 12th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released it’s latest updation to the ALMM (Approved List of Module Manufacturers) list and the list continues to grow over the previous release in October. Making an entry with its new Tamil Nadu manufacturing facility is Vikram Solar, with an approved capacity of 972 MW for […] Read more
LONGi Hi-MO 5 Shows Excellent Performance in Dynamic Load Testing Updated On Thu, Nov 11th, 2021 by Saurenergy In order to validate the performance of its 182mm Hi-MO 5 module under extreme weather conditions, LONGi has carried out rigorous dynamic load testing (DML) on the bifacial Hi-MO 5 at the China General Certification (CGC) laboratory. The test sample was randomly selected from modules under mass production, with results showing that, under installation conditions […] Read more
FTC Solar to Supply Solar Trackers for 504 MW Project in Arizona Updated On Wed, Nov 10th, 2021 by Saurenergy FTC Solar, a provider of solar tracker systems, technology, software, and engineering services, has been awarded a 504 megawatts DC project in Arizona. FTC Solar will be providing its Voyager tracker to Moss Solar, an engineering, procurement and construction (EPC) company, which has been contracted by a Tier 1 U.S. developer to construct the solar plus […] Read more
Decoding The Reliance Gambit In Renewable Energy Updated On Tue, Nov 9th, 2021 by Saurenergy It All Started in 2017 It was on the firm’s 40th anniversary celebrations in 2017 that Mukesh Ambani, Chairman, Reliance Industries first asked the rhetorical question, “Can Reliance become a clean energy company?”. “Why Not?”, he answered it himself at the time, without getting into any further details. Almost three years later, at the firm’s […] Read more
Total Eren Enters Cambodia with 74 MWp Solar Project Updated On Fri, Nov 5th, 2021 by Saurenergy Total Eren, a renewable independent power producer based in Paris, has taken its first steps in the renewable energy market of Cambodia through the acquisition of a 73.9 MWp photovoltaic project named “Battambang” from Risen Energy, a Chinese developer active in R&D and PV panels manufacturing. The PV farm is currently in operation in the Battambang Province, […] Read more
Nextracker First To Reach 50 GW Solar Tracker Shipments Globally Updated On Wed, Nov 3rd, 2021 by Saurenergy Nextracker™ has announced the crossing of the 50 gigawatts (GW) in global shipments for it. The achievement makes it the first solar tracker firm to get there, and marks the relevance of a technology that is on the ascendance once more, as more efficient modules hit the market. The 50 GW figure is equivalent to […] Read more
IREDA Opens PLI Bids. Solar Manufacturing Likely To Get Some New Names Updated On Tue, Oct 26th, 2021 by Saurenergy The Solar PLI manufacturing bids have finally been opened by the Indian Renewable Energy Development Agency (IREDA). And the results are really interesting. Not only have relatively new players bid more aggressively making it tougher for incumbents to qualify, but it also sets the stage for a really interesting domestic market. The Solar PLI scheme […] Read more
MSEDCL Invites Vendor Bids for 200 MW Residential Rooftop Empanelment Updated On Mon, Oct 18th, 2021 by Saurenergy Residential rooftop solar continues to move ahead after a period of dormancy. The latest to add to the push is Maharashtra, where the key state discom, the Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited bids for vendors for 200 MW of grid-connected residential rooftop solar systems under the capital expenditure (CAPEX) model. The […] Read more
