Icra Predicts Strong Demand for Domestic Solar OEMs with Policy Support Updated On Tue, Feb 22nd, 2022 by Saurenergy Business prospects of domestic solar original equipment manufacturers (OEMs) will remain strong aided by several policy measures over medium-term, rating agency Icra said. As a result, many domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities under PLI scheme by the winning bidders. However, […] Read more
Israeli RE Investor Econergy Secures €200 M for JVs in Poland, Romania Updated On Tue, Feb 22nd, 2022 by Saurenergy Renewables investor Econergy Renewable Energy has announced that it has secured two joint ventures to support the development of renewable energy projects in Poland and Romania. The joint ventures are with Israel’s Phoenix Insurance and French asset manager RGreen Invest, totalling more than 200 million euros ($227 million), Econergy said in a statement. Phoenix Insurance […] Read more
Ashok Leyland Mulls Separate EV Plant, ₹5 B Invt in Alternative Fuel Tech Updated On Mon, Feb 21st, 2022 by Saurenergy Bullish on the future of green mobility, Hinduja Group flagship commercial vehicle maker Ashok Leyland plans to set up a new manufacturing facility in the country to roll out electric vehicles, according recent media reports. The Chennai-based firm has also lined up a Rs 500 crore investment to develop powertrains based on alternative fuels like […] Read more
Global Solar PV Wafer Market To Grow By 73.71 GW By 2026 Updated On Mon, Feb 21st, 2022 by Saurenergy Research firm Technavio predicts a strong growth for the global solar wafers market. The firm expects the solar photovoltaic wafer market to grow by 73.71 gigawatts from 2021 to 2026. The growth momentum of the market will accelerate at a CAGR of 14.80% during the forecast period. This is a period when many markets, especially […] Read more
Saudi Arabia’s Bin Omairah to Up Solar Panel Exports to Europe, Africa Updated On Fri, Feb 18th, 2022 by Saurenergy Saudi Arabia’s Bin Omairah Holding has planned to increase the export of its solar panels to capitalise on the expanding markets of Europe and Africa. The exports will be done from the company’s factory operational in the Tabuk region. It has also been learnt that the company has plans to open another plant for solar panels […] Read more
Centrica Business Solutions Bags 89MW Multi-battery Optimisation Deal Updated On Tue, Feb 15th, 2022 by Saurenergy Centrica Business Solutions has signed a ten-year contract with 4 Renewable Energy (previously known as INFRAGREEN IV RE), RGREEN INVEST’s dedicated IPP platform, for the optimisation of three battery storage plants developed by Arlington Energy and under construction across England. Totalling 89MW of assets with a one-hour duration, the three projects are scheduled to be completed […] Read more
After a bruising 2021, Wind Energy suppliers hope for a better 2022 Updated On Tue, Feb 15th, 2022 by Saurenergy 2021 was a difficult year for the Wind energy industry. Manufacturers were hit by rising costs, supply chain issues, and even low wind speeds. Heavyweights like General Electric (GE), Siemens, and Orsted, saw their profits dwindling in 2021. Impact on Businesses The impact on business in the wind energy was best exemplified by Siemens Gamesa, […] Read more
Norway to Launch 1.5 GW Offshore Wind Tender in Late 2022 Updated On Thu, Feb 10th, 2022 by Saurenergy Norway will launch its first tender for offshore wind turbines in the southern North Sea later this year. The government has confirmed that the project will be bottom-fixed to develop 1.5 GW of electricity meant to power the Norwegian mainland. The growth of Norway’s offshore wind industry would enable the country to transition from oil […] Read more
Ecoppia to Supply Cleaning Robots to Actis Solar Plant in Andhra Pradesh Updated On Wed, Feb 9th, 2022 by Saurenergy Israel-based Ecoppia, which provides robotic cleaning solutions for photovoltaic solar, has announced another project of 150MW with Sprng Energy, a company owned by investment platform Actis. Ecoppia robots will be deployed at Sprng Solar’s Ananthapuram project in Andhra Pradesh in Q2 2022. Actis had initially engaged with Ecoppia back in 2017, installing the fully autonomous robots at 4 different solar […] Read more
