IndianOil in Partnership with SUN Mobility Opens EV Battery Swapping Facility at its Retail Outlet in Chandigarh Updated On Fri, Jun 26th, 2020 by Saurenergy Oil major Indian Oil Corporation (IndianOil) has opened its battery-swapping station for electric vehicles (EVs) at its retail outlet in Chandigarh in partnership with SUN Mobility. Bengaluru-based SUN Mobility is a joint venture (JV) between Maini Group and SUN Group–co-founded by Chetan Maini, founder of India’s first electric car, Reva and Uday Khemka, Vice Chairman […] Read more
State, Central Level Policymakers Should Work Together to Set Standardized Guidelines Updated On Thu, Jun 25th, 2020 by Saurenergy Although India does have a goal of renewable energy of 450 GW by 2030, it is not clear how this will be achieved in each state and what resources will make up the new energy mix at that time. By enabling a structure, it will allow Discoms across the country to prepare for this increase […] Read more
REC’s Alpha Series Gets BIS Certification Updated On Wed, Jun 24th, 2020 by Saurenergy REC Group, the largest European solar PV brand with over 500MW of installed capacity in Indian subcontinent, has announced the successful certification of its Alpha series by the Bureau of Indian Standards. The Alpha series, based on the breakthrough Hetero junction technology (HJT) offers a high quality option to Indian buyers now, especially those looking […] Read more
Sterling And Wilson Solar Results Updated On Wed, Jun 24th, 2020 by Saurenergy Continuing its somewhat strange relationship with the capital markets, Sterling and Wilson Solar finally released its March quarter results, and full year consolidated results, late yesterday night. The auditors apparently delivered signed copies of the books only by 11:24 p.m, as per the firm’s release to the BSE. Preceded by an over 4 hour board […] Read more
Canadian Solar Inks 2 PPAs for 274 MW PV Projects in Brazil Updated On Tue, Jun 23rd, 2020 by Saurenergy Canadian Solar, a leading solar photovoltaic (PV) module manufacturer, has recently entered into two private power purchase agreements (PPA) with Braskem S.A. and COPEL Energia for an aggregate 274 MW of capacity of solar power projects in Brazil. Braskem is a Brazilian petrochemical company and is the largest producer of thermoplastic resins in the Americas. It […] Read more
Sunnova Closes Sixth Residential Solar Loan Securitization Updated On Mon, Jun 22nd, 2020 by Saurenergy Sunnova Energy International (Sunnova) on Monday announced the closing of its 2nd solar-loan securitization and 6th residential solar securitization overall. The company is a leading US-based residential solar and energy storage service provider. Commenting on the development, William J. (John) Berger, Chief Executive Officer of Sunnova, said that “once again, the secured financing market has […] Read more
Enphase, ProSolar Upgrades Commercial Solar Plant at Bluebeard’s Castle Resort Updated On Mon, Jun 22nd, 2020 by Saurenergy Enphase Energy, a solar microinverters specialist, on Monday, said that a solar EPC company in the US, ProSolar Systems, has used its 7th-generation microinverters to restore and upgrade the commercial solar plant installed at the historic Bluebeard’s Castle resort in St. Thomas, US Virgin Islands. Initially, this solar plant was commissioned in January 2014 with […] Read more
Japan’s JERA and France’s ADEME, IDEOL Team Up to Form 2 GW Floating Wind Farm JV Updated On Mon, Jun 22nd, 2020 by Saurenergy Japan’s largest utility company JERA said that it has agreed with French state-owned investment firm ADEME Investissement and Ideol, France’s leading floating offshore wind technology company, on the key terms for establishing an investment vehicle to develop a floating offshore wind farm. Through this joint venture, the three companies aim to establish an investment vehicle […] Read more
Solar O&M Market To Be $9.4 Billion By 2025 Updated On Mon, Jun 22nd, 2020 by Saurenergy Global Research and Analytics Firm, wood Mackenzie, (Woodmac) has predicted that the global non residential O&M (Operations and Maintainance) market for solar could touch $9.4 billion by 2025. According to Woodmac, Solar power systems nearing inverter end of life currently account for 5% of the global PV market. This number will grow to 16% – […] Read more