Bill Gates-Backed US Firm to Pour $300 M in India’s Module Production Updated On Wed, Jun 23rd, 2021 by Saurenergy US-based 1366 Technologies has plans to invest $300 million to set up a 2 GW solar wafer and cell manufacturing facility in India under the government’s production-linked incentive (PLI) scheme. The firm produces silicon wafers by casting them in their ultimate shape directly in a mold, rather than the prevailing standard method in which wafers are […] Read more
Recurrent Energy’s Storage Footprint Grows in US, 11 GWh in Pipeline Updated On Wed, Jun 23rd, 2021 by Saurenergy Recurrent Energy, LLC, a wholly-owned subsidiary of Canadian Solar Inc. announced yesterday that it has expanded its energy storage footprint in the United States with several leading Battery Energy Storage Systems (BESS) contracted to be built in 2021 and 2022. These projects span retrofits as-a-service, solar plus storage PPAs, and stand-alone storage tolling agreements. California’s […] Read more
Majority of New Renewables Beat Cheapest Fossil Fuel on Cost: IRENA Updated On Wed, Jun 23rd, 2021 by Saurenergy The share of renewable energy that achieved lower costs than the most competitive fossil fuel option doubled in 2020, a new report by the International Renewable Energy Agency (IRENA) shows. 162 gigawatts (GW) or 62 per cent of total renewable power generation added last year had lower costs than the cheapest new fossil fuel option. […] Read more
JinkoSolar’s Subsidiary to Invest RMB315 million in Polysilicon Production Line Updated On Tue, Jun 22nd, 2021 by Saurenergy Leading solar module manufacturer, JinkoSolar Holding Co., Ltd., yesterday announced its holding subsidiary, Shangrao JinkoSolar Industry Development Co., Ltd. plans to invest RMB 315 million (China’s official currency) equivalent to USD 48.4 million (Rs 360 crores approx) of monetary capital to increase capital and shares in Inner Mongolia Xinte Silicon Materials Co., Ltd. Inner Mongolia […] Read more
GoodWe To Produce One million Units Per Year Post Expansion Updated On Mon, Jun 21st, 2021 by Saurenergy PV Inverter manufacturer GoodWe has announced a major manufacturing expansion to up to one million units per year in phase II of its Guangde manufacturing facility in China. The firm, ranked as the leading storage inverter firm in the world by Wood Mackenzie, has a strong presence across categories in solar. The company hosted the […] Read more
ICRA Places 4 GW Projects At Risk Of Escalations Due To Higher Import Costs Updated On Thu, Jun 17th, 2021 by Saurenergy The hiked prices of imported solar PV modules by nearly 15-20% over the last 4-5 months, may impact the returns of solar power project developers. According to a recent release by the independent rating agency ICRA, the price rise in imported solar modules has been mainly caused due to anincrease in the price of polysilicon, […] Read more
15 MW Nangal Floating Solar Bid Deadline Gets 12th Extension From SECI Updated On Thu, Jun 17th, 2021 by Saurenergy SECI has extended the bid submission deadlines for the 15 MW floating solar plant at Nangal Pond, In Himachal Pradesh’s Bilaspur District, by a further period to July 19, 2021. This should make this the 12th extension for the project now. The tender had first been released in July last year. Power from the project […] Read more
GE Renewable Adds 148.5 MW Win From Continuum For Wind Portfolio Updated On Thu, Jun 17th, 2021 by Saurenergy Wind Energy major GE Renewable Energy announced yesterday that it has won a contract from Continuum Green Energy India Pvt Ltd to set up 148.5 MW wind energy capacity in Bhuj wind farm in Gujarat. The deal includes a mandate to supply, install and commission 55 sets of its 2.7-132 onshore wind turbines for the 148.5MW Morjar, Bhuj wind farm […] Read more
Will 2021 be The Year Solar Saves California? Updated On Wed, Jun 16th, 2021 by Saurenergy California— the largest U.S. state, home to 1/8th of the country’s population, and responsible for 14% of national GDP — is experiencing one of its most challenging droughts this year. The state had earlier experienced the biggest wildfire season recorded in its modern history in 2020, which is one reason being blamed for the adverse […] Read more
