Global PV inverter shipments to reach 90GW and value more than $7.1 billion by 2020: GTM Research Updated On Fri, Jun 17th, 2016 by Saurenergy GTM Research in its latest report, The Global PV Inverter and MLPE Landscape 2016 revealed that global shipments of solar PV inverters will reach 90 gigawatts (AC) by 2020. This represents an average annual growth rate of 11 percent between 2016 and 2020. The report states that of the 59.7 gigawatts shipped in 2015, 66 […] Read more
Average costs for electricity generated by solar and wind could decrease by 59% by 2025: IRENA Updated On Thu, Jun 16th, 2016 by Saurenergy International Renewable Energy Agency (IRENA) in its latest report revealed that average costs for electricity generated by solar and wind technologies could decrease by between 26 and 59 per cent by 2025. The report, The Power to Change: Solar and Wind Cost Reduction Potential to 2025, finds that with the right regulatory and policy frameworks in […] Read more
Con Edison, SunPower partners on 4MWh solar + battery storage project in New York Updated On Thu, Jun 16th, 2016 by Saurenergy Con Edison and SunPower has partnered on a pilot project to offer solar power systems with battery storage to more than 300 New York homeowners. Hundreds of homes with solar power and battery storage will provide the utility with a cost-effective and innovative “virtual power plant,” and homeowners with a backup system in case of […] Read more
SunPower to construct a 7.75-megawatt solar power system at Toyota headquarters Updated On Wed, Jun 15th, 2016 by Saurenergy Toyota has announced that SunPower is designing and plans to construct a 7.75-megawatt solar power system at its North American headquarters in Plano, Texas The 7.75-megawatt solar power system is expected to generate 25 percent of the headquarters’ total electricity deman. The project will be comprised of three solar carport structures using high efficiency SunPower […] Read more
SolarMax Technology launches its first all-in-one, fully integrated energy storage system in US Updated On Tue, Jun 14th, 2016 by Saurenergy SolarMax Technology has launched its first integrated, all-in-one–FLEX energy storage system in the US market. The company in a statement said launch timing couldn’t be better, particularly in states with a high propensity for power blackouts. In California, for example, more than 500 outages occur statewide each year. Annual report data from the state’s Public Utilities Commission […] Read more
Varanasi Municipal Corporation to install solar panel in its offices Updated On Tue, Jun 14th, 2016 by Saurenergy The Varanasi Municipal Corporation has signed a Memorandum of Understanding (MoU) with Renewable Energy Corporation of India (RECI) to install solar panels in its offices across the five zones and 14 sub-zones. Varanasi Municipal Corporation is the first municipal corporation in the state that has entered into a bilateral agreement with RECI on solar energy. […] Read more
Sungevity Installs Sunpreme Bifacial PV Panels at University of California, Berkeley’s Jacobs Institute Updated On Tue, Jun 14th, 2016 by Saurenergy Sungevity has announced that it has Installed Sunpreme Bifacial PV Panels at Jacobs Hall in University of California, Berkeley’s Jacobs Institute. The new solar system with Sunpreme Bifacial PV panels will do more than just help the Institute control its electricity bills — it will provide environmental benefit of having PV solar installed and is […] Read more
Tata Power Renewable Energy signs SPA to acquire Welspun Renewables Energy Updated On Mon, Jun 13th, 2016 by Saurenergy Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed a Share Purchase Agreement (SPA) with Welspun Energy (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”). It is estimated to be Rs 9,500 crore ($1.4 billion) deal. This is one of the largest transactions in renewables space in […] Read more
Two days conference of state Power, Renewable Energy & Mines Ministers to be held on 16th & 17th June Updated On Mon, Jun 13th, 2016 by Saurenergy Ministry of Power has announced that two days conference of Power, Renewable Energy & Mines Ministers of States & Union Territories will be held on 16th & 17th of this month in Goa. The aim of two days conference is to review the implementation of various ongoing Schemes/ Programmes & host of issues pertaining to […] Read more
