Waaree Energies Receives NCLT’s Nod For Acquisition of Indosolar Ltd. Updated On Fri, May 27th, 2022 by Saurenergy Waaree Energies Limited, a leading solar PV module manufacturer in India, has received formal approval from the National Company Law Tribunal, Delhi Bench (NCLT) on 21st April 2022 for the resolution plan submitted by it towards the acquisition of Indosolar Limited, a manufacturer of solar cells, under the corporate insolvency resolution process (CIRP) initiated by the lenders […] Read more
IKEA Geared Up To Enter Into US Residences With Solar Updated On Fri, May 27th, 2022 by Saurenergy IKEA will deploy residential solar systems in the United States this fall competing with Tesla in the future. IKEA will partner with US residential energy service provider SunPower Corporation to launch the Home Solar programme, which will first be introduced in the centre of US residential solar energy, California, which accounts for 40% of the […] Read more
Tunisia to invite bids for 2,000 MW of renewable energy Updated On Fri, May 27th, 2022 by Saurenergy In order to reduce its dependence on fossil fuel imports, reduce carbon footprints and heighten the use of clean energy, the Energy Minister of Tunisia, Naila Nouira has announced that Tunisia is planning to launch international tenders seeking bids to build 2,000 megawatts (MW) of renewable electric power capacity. The minister held that the efforts […] 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
Tata Power commissions 100 MW solar project in Maharashtra Updated On Thu, May 26th, 2022 by Saurenergy Tata Power Renewable Energy Ltd has announced that it commissioned the 100 MW solar power project for Maharashtra State Electricity Distribution Company Limited (MSEDCL) in Maharashtra. Tata Power claims that the installation comprises over 4,11,900 numbers of monocrystalline PV modules and is expected to reduce around 234 million tons of CO2 annually. The official statement […] Read more
Kona Energy Will Develop 200 MW Battery Updated On Thu, May 26th, 2022 by Saurenergy British energy storage developer Kona Energy has recently secured permission to plan and develop a 200 MW battery at Heysham on Morecambe Bay in Lancashire. Once developed the battery will also replace local grid services due to be lost when the Heysham 1 and 2 nuclear reactors are decommissioned, in 2024 and 2028. Besides, the […] 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
Iraq investing $680 million in renewable energy projects Updated On Thu, May 26th, 2022 by Saurenergy Iraq authorities have approved an expenditure of one trillion Iraqi dinars or $680 million for the expansion and development for renewable power projects in order to reduce the dependence of imported power and enhance the use of RE in the country. The Central Bank of Iraq had planned to allocate the funds for solar power […] Read more
Statkraft May Supply Renewable Energy to Plants of FREYR Battery in Norway Updated On Thu, May 26th, 2022 by Saurenergy Europe’s largest renewable energy player – Statkraft – has signed a binding ‘Heads of Terms’ with FREYR Battery with an aim of converting it into a long-term physical supply agreement, with the ambition to secure a long-term supply of renewable power for FREYR’s planned battery cell production project in Mo i Rana city of Norway. […] Read more
