Norway Firm REC Silicon Reports $35.6 M Revenue in Q2 FY21 Updated On Fri, Jul 23rd, 2021 by Saurenergy REC Silicon is exploring opportunities created by President Biden’s renewable energy agenda to utilize its proven FBR technology to provide low-cost, low-carbon polysilicon for the solar value chain, said Tore Torvund, CEO of the Norway-based silicon materials producer. The company recently reported second quarter 2021 revenues of USD 35.6 million versus USD 28.0 million in the […] Read more
BSES Discoms 510 MW Hybrid Purchase Signals Demand Recovery For Renewables Updated On Fri, Jul 23rd, 2021 by Saurenergy The decision by the Delhi BSES discoms, BRPL and BYPL, to enter an agreement with SECI to purchase 510 MW of solar plus wind power signals a welcome return to demand recovery for renewable projects awaiting PPA’s. This is on the back of two key events, one that has happened, and another, that might be […] Read more
Form Energy Reveals Chemistry of its Long Duration Iron-air Battery Updated On Fri, Jul 23rd, 2021 by Saurenergy US technology firm Form Energy has announced the battery chemistry of its first commercial product and a $200 million Series D financing round led by ArcelorMittal’s XCarb™ innovation fund. The four-year-old startup claims that through the use of iron, one of the most common elements on Earth, it has built an inexpensive battery that can […] Read more
China Could Add 55-65 GW of Solar Capacity in 2021: China Solar Association Updated On Thu, Jul 22nd, 2021 by Saurenergy The Solar Manufacturing Association of China predicts that the country can add approximately 55 to 65 GWs of solar capacity in 2021. In a note on thursday, the association said that these additions could take total solar installations of China beyond 300 GW by the end of the year. However, the solar power installation reached […] Read more
Sungrow Supplies Inverters to 120 MW C&I Rooftop PV Plant in China Updated On Thu, Jul 22nd, 2021 by Saurenergy Sungrow supplied its inverter solutions to the largest commercial & industrial rooftop PV plant in Shandong. China’s global inverter solution supplier for renewables, Sungrow has announced that it has supplied inverter solutions to the largest commercial & industrial rooftop PV plant, endowing a capacity of 120 MW, in Jining, China’s Shandong province. Located in the […] Read more
Sunseap, BP Batam Partner to Build 2.2 GWp Floating PV in Indonesia Updated On Thu, Jul 22nd, 2021 by Saurenergy Singapore-based solar developer Sunseap Group has signed a Memorandum of Understanding (MoU) with Badan Pengusahaan Batam (BP Batam) for the building of a floating photovoltaic system (FPV) and energy storage system (ESS) on a reservoir in Indonesia’s Batam Island for an estimated cost of US$2 billion. Under the MoU, Sunseap will develop a FPV and […] Read more
Indian Oil Corporation to Build Country’s First Green hydrogen Plant Updated On Thu, Jul 22nd, 2021 by Saurenergy India’s largest oil firm, Indian Oil Corporation Limited (IOC) has announced plansto build the first-ever commercial green hydrogen plant at its Mathura refinery in Uttar Pradesh. IOC has taken this step intending to maintain focus on its core refining and fuel marketing businesses while making bigger inroads into petrochemicals, hydrogen and electric mobility over the […] Read more
GUVNL Revokes Subsidy to 4,000 Solar Projects of Around 2500 MWs Updated On Thu, Jul 22nd, 2021 by Saurenergy A wholly-owned state electricity regulation board in the state of Gujarat, Gujarat Ujrja Vikas Nigam Ltd. (GUVNL) has withdrawn subsidies to small-scale distributed solar projects, hitting about 4,000 projects with an aggregate capacity of around 2500 MW contracted capacity. The purchase price of power produced was fixed at Rs 2.83 per unit which was already […] Read more
Devise Alternate Ways to Repurpose Fossil Fuels, Argues IDTechEx Updated On Thu, Jul 22nd, 2021 by Saurenergy UK-headquartered IDTechEx, an independent market research and business intelligence provider, has advocated for devising novel ways to repurpose fossil fuel assets, as against simply resorting to obvious solutions like converting gasoline stations into EV charging stations. The latter trend has of late become popular among oil majors, which are looking to capitalise on the rapid […] Read more
