South Korea’s Qcells to Build $2.5 Bn Solar Factory in US; More Than Doubles Production Updated On Thu, Jan 12th, 2023 by Saurenergy South Korea’s solar cells and modules maker Qcells will invest over $2.5 billion to expand its solar module manufacturing operations in Georgia, USA. Qcells will build a new facility in Cartersville and add a third facility to its Dalton location, creating more than 2,500 new jobs in northwest Georgia. These investments are expected to bring […] Read more
USA’s Leeward RE Raises $260 Mn For Chaparral Springs Solar + Storage Project in California Updated On Thu, Jan 12th, 2023 by Saurenergy Leeward Renewable Energy, A US based firm that delves into the development of new wind, solar, and energy storage projects in energy markets across the US, has announced that it has closed about $260 million in construction financing and secured tax equity commitments for its Chaparral Springs Solar + BESS Facility. The renewable energy project […] Read more
Toyota Material Handling France & Alight Join Hands for Rooftop Solar Plant Updated On Wed, Jan 11th, 2023 by Saurenergy Toyota Material Handling France (TMHFR), a leading firm in materials handling equipment, has entered into a Power Purchase Agreement (PPA) with the solar energy firm Alight. Under the power purchase agreement (PPA), Alight provides solar energy to TMHFR at its facility in Bussy-Saint-Georges Paris, France. Alight develops, owns and manages the rooftop photovoltaic plant at […] Read more
Iran Looks to Get International Solar Alliance Membership Updated On Mon, Jan 9th, 2023 by Saurenergy Iran has recently sent a Bill to the Parliament, looking to get onboarded as a member to the International Solar Alliance. As per the country’s Sixth Development Plan, it should have augmented its share of renewable power in electricity generation by at least 5 per cent. Currently, the share of renewables in Iran’s electricity generation […] Read more
Pusan Researchers Develop Sodium-Ion Battery Anode to End Lithium Dependence Updated On Mon, Jan 9th, 2023 by Saurenergy Pusan National University, South Korea, has come up with an interesting research wherein researchers have developed sodium-ion battery anode that is being claimed as highly efficient for the storage of power. Pusan said that lithium is expensive and limited, necessitating the development of efficient energy storage systems beyond lithium-ion batteries and sodium is a promising […] Read more
Kenya’s State-Owned Utility Ken-Gen to Add 3000 MW RE to National Grid in Decade Updated On Fri, Jan 6th, 2023 by Saurenergy Kenya Electricity Generation Company (KenGen), which is a power utility owned by the State, has revealed that it has planned 3000 MW of renewable energy to the national over the span of the decade. Currently, KenGen has an installed capacity of 1,904 MW. It will look into tapping another 10,000 MW of clean energy. “The […] Read more
Altus Buys 220 MW Solar Portfolio from RE Equity Firm TGC in USA Updated On Fri, Jan 6th, 2023 by Saurenergy Connecticut based renewable energy infrastructure private equity firm, True Green Capital Management has announced that it has signed a binding agreement last week with Altus Power to sell a portfolio of approximately 220 megawatts (MW) of distributed solar assets. The value of the deal is revealed as $293 million. TGC and Altus Power expect the […] Read more
Draft Solar Policy of Delhi Wants 6000 MW Installation by 2025 Updated On Mon, Jan 2nd, 2023 by Saurenergy The Delhi government has accorded approval to the draft Solar Policy 2022 under which the state wants to install solar capacity to 6,000 MW by 2025. In the previous solar policy released in 2016, Delhi had targeted to install solar power of a cumulative capacity of 2,000 MW of solar power by 2022. Readers will […] Read more
Solar Inverter Firm GoodWe Signs Deal for 50 MW RE Project in Pakistan Updated On Wed, Dec 28th, 2022 by Saurenergy Chinese firms are showing a fresh deal of commitment for the development of renewable energy projects as the South Asian country is facing its economic hardships and acute power generation challenges. According to reports, GoodWe, which claims to be leading smart energy solution providers based out of China, is bullish about boosting renewable energy in […] Read more