Insolight in the Spotlight With claims of 29% Efficiency for solar Panels Updated On Wed, Feb 20th, 2019 by Saurenergy Insolight claims that its panels, thanks to a patented optical system that concentrates sunlight on a kind of miniature photovoltaic cell normally used in satellites, deliver high efficiencies at a lower cost. The Lausanne, Switzerland based Insolight’s latest claims, which follow testing by an independent lab, should be a reason to think for naysayers who […] Read more
Biggest Solar Project/Tenders for the week Updated On Mon, Feb 18th, 2019 by Saurenergy AAI Seeks Engineering Consultancy for 5 MW Solar Project at Calicut Airport The Airport Authority of India (AAI) has invited bids from eligible consultancy/EPC Firms having experience in solar power projects for providing consultancy on the provision of 5 MW solar plant at the Calicut Airport. The brief scope of work for winning bidders will […] Read more
Canadian Solar Wins 94 MWp Subsidy-Free Electricity Contracts Updated On Sat, Feb 16th, 2019 by Saurenergy Post commissioning, these plants are expected to fulfill 55% of electricity needs of Alberta provincial government. Solar PV modules maker Canadian Solar has won three contracts with Alberta’s Ministry of Infrastructure, for a total of 94 MWp solar power system in Southeast Alberta, with an average contracted PPA price of C$ 48.05 per MWh. Moreover, in 2019, […] Read more
PPA For 250 MW Wind Farm Signed in Egypt Updated On Thu, Feb 14th, 2019 by Saurenergy The project will produce more than 1000GWh a year, powering the equivalent of over 350,000 homes in Egypt. Lekela, the renewable power company that delivers utility-scale projects across Africa, has signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Company (EETC) for its 250MW wind farm project in the Gulf of Suez, near […] Read more
In Renewables, it’s No Less Than a ‘Revolution’ Underway in India. WSDS 2019 Updated On Wed, Feb 13th, 2019 by Saurenergy At the World Sustainable Development Summit, India’s renewable push came up for appraisal, with everyone agreeing that it was no less than a revolution when seen from most metrics. At a panel chaired by Ajay Shankar of TERI, Anand Kumar, Secretary, MNRE, Vineet Mittal of the Avaada Energy Group representing the private sector, David Nelson […] Read more
Exporting Solar. EXIM Bank to Provide $1.4 Bn For Projects in 15 nations Updated On Tue, Feb 12th, 2019 by Saurenergy The bank has already provided LOCs worth $226 million to finance 16 solar projects in various developing countries. The Export-Import Bank of India (EXIM) will finance 27 solar power projects worth $1.4 billion spread across 15 countries, according to the Managing Director of the Bank, David Rasquinha. “As an agent of Government of India, we […] Read more
IREDA IPO Expected By September Updated On Fri, Feb 8th, 2019 by Saurenergy IREDA will issue fresh 13.90 crore shares, increasing the paid-up share capital of the company from Rs 784 crore to Rs 923 crore. The initial public offer (IPO) of state-owned Indian Renewable Energy Development Agency (IREDA) will be launched before September 2019, a top official has confirmed. “We can raise up to 15 percent of our equity. […] Read more
ADB Invests $20 Mn to Finance RE Projects in Southeast Asia Updated On Wed, Feb 6th, 2019 by Saurenergy Proceeds of the bonds will finance renewable energy projects in the Asia and Pacific region, including Vietnam, the Philippines, and Indonesia. The Asian Development Bank (ADB) has invested $20 million in the maiden climate bond issuance of AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines. ADB is an anchor investor in the […] Read more
Sembcorp and Singapore Polytechnic to Collaborate on Solar Panel Recycling Updated On Thu, Jan 24th, 2019 by Saurenergy Working together to address the global challenge of photovoltaic waste and commercialise Singapore’s first-ever technology for the recycling of used solar panels. Around the world, solar energy is growing as a source of clean, renewable energy. However, this presents a pressing challenge to the industry: What will become of used solar panels at the end […] Read more
