As Adani Aims For Global Leadership, Questions At Home An Issue for India Updated On Wed, Jun 10th, 2020 by Saurenergy Talking to the media after announcing the formal go ahead for the world record win for Adani Green Energy Limited, group founder and Chairman Gautam Adani made some very interesting observations on the future of solar manufacturing equipment in India. According to him, the share of Chinese origin imports could be brought down to zero […] Read more
Broad Reach Power to Build 15 Battery Storage Projects in Texas Updated On Wed, Jun 10th, 2020 by Saurenergy Broad Reach Power has announced that it will build 15 utility-scale battery storage plant sites in areas near Houston and Odessa in Texas by the end of 2020 Broad Reach Power, a rapidly growing energy storage independent power producer (IPP) based in Houston which owns a three-gigawatt portfolio of utility-scale solar and energy storage power […] Read more
Offshore Wind Capex in Europe to Surpass Upstream Oil and Gas by 2022: Rystad Updated On Tue, Jun 9th, 2020 by Saurenergy A new analysis has predicted that the capex on offshore wind will match upstream Oil and Gas spending in Europe in 2021, and surpass it in 2022 The oil market collapse caused by the COVID-19 pandemic is set to delay several oil and gas developments in Western Europe, putting capital expenditure in the offshore sector […] Read more
Dramatic Fall in Cost of Funding Behind Record Breaking Solar Tariffs: IEEFA Updated On Tue, Jun 9th, 2020 by Saurenergy The cost of solar continued to decline during the pandemic, driven by dramatic falls in the capital cost of solar (solar module costs) and in the cost of funding. The Institute for Energy Economics and Financial Analysis (IEEFA) in a new report has detailed that despite the devastating impact of the COVID-19 pandemic, during the […] Read more
Ingeteam Blows Past 50 GW Wind Energy Milestone Updated On Fri, Jun 5th, 2020 by Saurenergy Ingeteam, the Spanish technology Group specialized in electric power conversion, has confirmed commissioning 50 GW of electrical wind power conversion equipment to date. This includes sales of wind power converters and wind control cabinets. Ingeteam entered the wind industry in 1995 working on the development of variable-speed machines. They were the first manufacturer to launch […] Read more
Europe’s Wind & Solar Installations Will Need Grid Flexibility to Succeed: WoodMac Updated On Fri, Jun 5th, 2020 by Saurenergy A combination of wind and solar power, otherwise known as Variable Renewable Energy (VRE), could make up the largest share of power capacity throughout Europe’s major markets – Great Britain, Germany, France, Italy and Spain – as early as 2023, according to a new analysis from Wood Mackenzie. And the success of Europe’s transition to […] Read more
Enphase Energy Forays into Poland; Inks Distribution Pact with SmartX Updated On Thu, Jun 4th, 2020 by Saurenergy Enphase Energy, a solar microinverters specialist, has forayed into Poland via a distribution partnership with SmartX, a solar microinverters distributor in Poland. The company’s move of entering into Poland is significant as currently, the country has one of the top 5 solar markets in Europe, with an estimated installed capacity of over 1 GW. Commenting on the collaboration, Piotr Redkiewicz, […] Read more
Vivint Solar Closes USD 545 Million of new Financings Updated On Wed, Jun 3rd, 2020 by Saurenergy Vivint Solar has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. Vivint Solar, a leading full-service residential solar provider in the United States, has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. The first is a USD 245 million upsize to the company’s already existing multi-lender […] Read more
Strong Q1 for US Energy Storage Market Despite COVID-19: WoodMac Updated On Wed, Jun 3rd, 2020 by Saurenergy The US energy storage sector saw a strong Q1, with residential storage setting another record while the non-residential had its 3rd-strongest quarter The United States (US) energy storage sector saw a strong first quarter, with residential storage setting another record while the non-residential market had its third-strongest quarter on record. According to Wood Mackenzie and […] Read more
