WoodMac’s Weekly Roundup: Covid-19 Impact on Power, RE Industry Globally Updated On Wed, Apr 15th, 2020 by Saurenergy One of the leading research and consultancy group, Wood Mackenzie (WoodMac) has provided its weekly analysis on the impact of coronavirus on the power and renewable energy industry globally. As per the report preliminary findings, solar and storage are expected to see ~20 percent coronavirus impact as compared to the base case. Whereas onshore wind […] Read more
Tata Power Sells Stake in South African Wind JV for Rs 643 Crore Updated On Wed, Apr 15th, 2020 by Saurenergy Tata Power had announced that its subsidiary has completed the sale of the company’s entire stake in a South African JV for an amount of Rs 643 crore Tata Power had announced that Khopoli Investments Ltd, the firms wholly-owned subsidiary, has completed the sale of the company’s entire stake in Cennergi, a South African joint […] Read more
Ikea Parent Firm Acquires Stake in 403 MW US Solar Projects Updated On Mon, Apr 13th, 2020 by Saurenergy The Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar PV projects in the US worth a combined 403 MW generation capacity. Ingka Investments, the investment arm of Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar photovoltaic (PV) […] Read more
Perovskite Solar Cells. Bringing The Future Closer Updated On Wed, Apr 8th, 2020 by Saurenergy The solar sector, ever since it managed to get the interest of mainstream researchers, has regularly seen the announcement of new materials and processes, that promise to deliver efficiencies and costs that would take the sector itself mainstream. While, many would argue that we are close to that inflection point today, demands from the tech […] Read more
MNRE Asks States to not Halt Payments for RE Generators Updated On Fri, Apr 3rd, 2020 by Saurenergy MNRE has asked states to continue to buy power from renewable energy producers and clear their dues on a regular basis as was being done prior to the lockdown The Ministry of New and Renewable Energy (MNRE) has asked states to continue to buy power from renewable energy producers and clear their dues “on a regular basis […] Read more
The 2020 Global Off-Grid Solar Market Trends Report Updated On Wed, Apr 1st, 2020 by Saurenergy The 2020 Off-Grid Solar Market Trends is an in-depth analysis on current market dynamics, projections for the coming five years, and a blueprint for how actors in this market can compete in a swiftly evolving industry ecosystem. This year’s edition finds that the industry has made tremendous strides in the past decade in helping developing […] Read more
Leading RE Firms and Orgs Call Upon EU To Use Corona Funds Well Updated On Tue, Mar 31st, 2020 by Saurenergy In an interesting move, even as the European Union launches into a massive stimulus plans to fight the economic disruption caused by the Coronavirus disease Covid-19, calls for making this an opportunity to go ‘green’ have been going stronger. In fact, for many activists, the stimulus is being seen as an opportunity to ram through […] Read more
Acciona to Build 1026 MW Wind Farm in Queensland Worth EUR 1 Bn Updated On Fri, Mar 27th, 2020 by Saurenergy Acciona has announced that it will build its largest-ever wind farm in Australia, the MacIntyre complex in Queensland, with a total capacity of 1026 MW. Acciona has announced that it will build its largest-ever wind farm in Australia, the MacIntyre complex in Queensland, with a total capacity of 1026 MW. The project will boost the […] Read more
mPower Raises Addl $1.85 Mn in Series A Funding Updated On Wed, Mar 25th, 2020 by Saurenergy New Mexico headquartered innovative solar technology solutions provider, mPower Technology has raised an additional USD 1.85 million in Series A funding. Now, the company has an aggregate investment of USD 4.35 million in Series A round of funding. The company said that this extension round included investments from Cottonwood Technology Fund, NMA Ventures, and various angel investors. On investing in mPower, […] Read more
