European Bank To Invest $21.4M In Azerbaijan’s Solar Plant Updated On Wed, Aug 3rd, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD), the Asian Development Bank (ADB), the Japan International Cooperation Agency (JICA), and the Abu Dhabi Fund for Development (ADFD) have all approved a finance package of $114.2 million (USD) to help Azerbaijan diversify its energy mix. The funds will facilitate a 230 MW photovoltaic (PV) solar power […] Read more
US Developer Longroad in $500 Million Equity Deal With MEAG Updated On Tue, Aug 2nd, 2022 by Saurenergy US renewable energy developer Longroad Energy Holdings, LLC (“Longroad”) has announced a $500 million equity investment by MEAG, acting as asset management arm for entities of Munich Re, alongside two of the company’s existing investors, the NZ Super Fund and Infratil, a listed entity managed by Morrison & Co. The investment will support Longroad’s strategic shift from […] Read more
Jiangxi Jinko Announces Proposed Issuance Of Convertible Bonds Updated On Mon, Aug 1st, 2022 by Saurenergy Jinko Solar Holding Co. Ltd., among the largest solar module manufacturers globally, has revealed that Jinko Solar Co., Ltd., its principal operating subsidiary, is looking to issue convertible bonds in the principal amount of up to RMB10 billion. To be listed on the Shanghai Stock Exchange’s Sci-Tech Innovation Board, the Convertible Bonds will have a term […] Read more
First Solar To Supply 2.4 GW Solar Modules To Intersect Power Updated On Mon, Aug 1st, 2022 by Saurenergy US-headquartered First Solar, has announced entering into an agreement to supply 2.4 GW of thin film solar PV modules to Intersect Power. The modules are scheduled to be delivered from 2024 to 2026. According to Intersect Power, the modules will be deployed in its solar, storage, and green hydrogen projects coming online across the USA […] Read more
SECI Extends Deadlines Of Two Solar Tenders Of 1710MW Cumulative Capacity Updated On Fri, Jul 29th, 2022 by Saurenergy The Solar Energy Corporation of India (SECI) has extended the deadline for its two big solar projects with a cumulative capacity of 1710 MW. The 1710 MW cumulative capacity entails two tenders: a 1680 MW Domestically Manufactured Solar PV Modules tender and a 30 MW Floating Solar PV (FSPV) Plants at Koderma, Mejia, and Raghunathpur […] Read more
Solar Trackers: Poised To Boom With Solar Once Again Updated On Thu, Jul 28th, 2022 by Saurenergy Solar trackers are usually paired with ground mount solar systems in order to increase energy output of the solar panel. Recently, rooftop-mounted trackers have also emerged in the market. So, what is a solar tracker? How is it instrumental in boosting energy output of solar panels? In the simplest of terms, a solar tracker is […] Read more
Senior Engineer – Eco Design (Industrialization) Updated On Thu, Jul 28th, 2022 by Saurenergy If you desire to be part of something special, to be part of a winning team, to be part of a fun team – winning is fun. We are looking forward to a Senior Engineer – Eco Design (Industrialization) based in Pune, India. In Eaton, making our work exciting, engaging, meaningful; ensuring safety, health, wellness; and being a model of […] Read more
Turmoil Ahead In Solar, As Key Suppliers Continue To Raise Solar Input Prices Updated On Thu, Jul 28th, 2022 by Saurenergy Consider this. The price of Polysilicon, the earliest processed input in the solar supply chain, averaged CNY (Chinese Yuan) 76/kg in 2020. In 2021, thanks to a series of incidents at key manufacturing plants and rising demand, prices averaged CNY 117/kg. However, prices as of July 24 have climbed to well over CNY 260/kg, after […] Read more
Policy Muddle, Economy Trip Up US Clean Energy Growth In Q2, Says Industry Association Updated On Thu, Jul 28th, 2022 by Saurenergy According to a report from the American Clean Power Association (ACPA), a US body of mostly energy developers, the rate of clean energy deployment slowed substantially in the second quarter. The association’s report blames policy headwinds, economic factors and trade issues for impacting project development and increasing the backlog of new project delays. The report […] Read more
