EDF Renewables Signs1 GW of Solar & Storage Projects in New York Updated On Wed, Jun 15th, 2022 by Saurenergy France-headquartered renewable energy producer, EDF Renewables has been awarded three large solar projects by New York State Energy Research and Development Authority (NYSERDA). The total capacity of all three renewable projects is 1GW which is including with 20 MW of co-located battery storage also. EDF Renewables will install a 350 MWac solar power plant with […] Read more
Rajasthan Gives Land To Adani For 1,000 MW Solar Project Updated On Mon, Jun 13th, 2022 by Saurenergy The highest capacity installer in terms of solar power projects considering both installed and pipeline capacity, Rajasthan, continues to build on it smart turnaround since 2019. Chief Minister Ashok Gehlot led cabinet meeting decided to allot government land of a size of almost 2,400 hectares for the development of solar power projects. The solar power […] Read more
Assam Clears Decks for JV With Neyveli For 1000 MW Solar Power Updated On Mon, Jun 13th, 2022 by Saurenergy The Assam government under Chief Minister Himanta Biswa Sarma continues to move rapidly on scaling up its renewable energy plans. On June 11, the government approved an investment worth Rs 5,000 crore for commissioning and generation of 1,000 MW of solar power in collaboration with Navratna PSU company Neyveli Lignite Corporation, under the aegis of […] Read more
540 MW Boralex Solar Farms & 77 MW of Storage To Add To New York Renewable Power Updated On Fri, Jun 3rd, 2022 by Saurenergy Quebec, Canada based Boralex Inc. has announced five solar farms totaling 540 MW of generation and 77 MW of storage have been selected by the New York State Energy Research and Development Authority (NYSERDA) as part of its 2021 request for utility-scale renewable energy certificates. Once constructed, the solar farms will generate more than 1 […] Read more
Research Firm Predicts Thin Film Solar Cell Market To Reach $25.3 Billion by 2030 Updated On Wed, Jun 1st, 2022 by Saurenergy Research firm Allied Market Research has signaled bright times for thin film solar manufacturers with a CAGR (Compounded Annual growth rate) of 8.4% predicted for the period upto 2030. Increasing electricity prices, reduced dependence on foreign oil and fossil fuels, and the storage and later usage of power will drive the growth of the global […] Read more
SolarEdge Opens 2GWh New Battery Cell Facility in South Korea Updated On Fri, May 27th, 2022 by Saurenergy SolarEdge Technologies, Inc. (“SolarEdge”), the Israel-based inverter major and SolarEdge’s subsidiary, Kokam Limited Company, a provider of lithium-ion batteries and integrated energy storage solutions, have announced the opening of “Sella 2”, a two gigawatt-hour (GWh) battery cell manufacturing facility. Located in the Eumseong Innovation City of Chungbuk, South Korea, Sella 2 is currently producing test […] Read more
Dearer Module, Steel And Freight Will Hit 5 GW Solar Capacity: CRISIL Updated On Thu, May 26th, 2022 by Saurenergy Rise in prices of solar modules, freight and steel will have an adverse impact on 5 GW solar capacity. The solar modules by and large contribute in the range of 55-60 per cent to the cost of a solar project and its price has increased by 40 per cent from January last year to March […] Read more
GoodLeap Securitizes $467 Million Residential Solar Loan Updated On Tue, May 24th, 2022 by Saurenergy Leading American Solar loan provider GoodLeap (formerly Loanpal), announced on May 23 the closure of GoodLeap Sustainable Home Solutions Trust 2022-2 following the securitisation of residential solar loans worth $467 million to approximately 11,000 homeowners. Originated on the GoodLeap platform, the securitization was underwritten by Credit Suisse and Goldman Sachs. Tanguy Serra, GoodLeap’s President and […] Read more
Servotech Power Systems Ltd. Announces Results for FY22, Revenue rises 64% from FY21 Updated On Mon, May 23rd, 2022 by Saurenergy Servotech Power Systems Ltd. (NSE: SERVOTECH), a prominent manufacturer of Solar, LED, medical-grade, and electric vehicle (EV) charging solutions, presented its annual financial results for the year ended March 31, 2022 at its Board of Directors meeting on May 20, 2022. Servotech Power Systems Ltd. bagged an annual revenue of Rs. 14,425 lacs as against […] Read more
