COVID-19 Expected to put Financial Stress on Chilean Discoms & Gencos: GlobalData Updated On Fri, Jun 12th, 2020 by Saurenergy With the outbreak of the COVID-19, Chilean Discoms are supplying electricity to the customers despite non-payments from them and hence, the utilities are finding it difficult to pay back to the generators as per the PPAs. With the outbreak of the COVID-19, Chilean distribution utilities (Discoms) are supplying electricity to the customers despite non-payments from […] Read more
Growatt Third Behind SolarEdge, SMA in Single Phase Inverter Shipments Updated On Fri, Jun 12th, 2020 by Saurenergy Growatt with 11% market share of single-phase inverters in 2019, finished in the third-place in the PV Inverter Market Tracker by IHS Markit. Growatt, a leading Chinese manufacturer of PV string inverters took over 11 percent market share of single-phase inverters worldwide in 2019, coming in the third-place after SolarEdge and SMA according to PV […] Read more
Aalborg CSP Buys Unique PTES Technology from Arcon-Sunmark Updated On Thu, Jun 11th, 2020 by Saurenergy Aalborg CSP, a Danish renewable and energy storage specialist, has acquired all rights and patents for the unique Pit Thermal Energy Storage (PTES) technology from Arcon-Sunmark A/S, a solar energy equipment supplier in the country. Now, this patented unique PTES technology, including a unique lid design, will be continued by Aalborg CSP for its global […] Read more
Mitsubishi to Buy Sharp Factory to Expand EV Power Device Biz Updated On Thu, Jun 11th, 2020 by Saurenergy With an aim to tap the rising market demand for power devices used in the electric vehicles (EV) sector, Japanese electronics giant Mitsubishi Electric Corporation has entered into an agreement with Sharp Corporation to acquire land and buildings from Sharp Fukuyama Semiconductor Co Ltd. Sharp Fukuyama Semiconductor is a wholly-owned subsidiary of Sharp Corporation which […] Read more
Vestas Wins Turbine Order in Poland and Service Agreements in Australia Updated On Thu, Jun 11th, 2020 by Saurenergy Vestas has announced two new orders. The first for 36 MW wind turbines in Poland, and second a service order for Senvion turbines in Australia. Onshore wind major, Vestas has announced that it has won its fourth order from the latest Polish auction round for a total order intake of more than 350 MW. […] Read more
Neoen Builds Nordics’ Largest Battery Storage Unit in Finland Updated On Thu, Jun 11th, 2020 by Saurenergy Neoen has announced the construction in Finland of the Yllikkälä Power Reserve One, a new 30 MW battery storage plant with a storage capacity of 30 MWh. Neoen, one of the world’s leading independent producers of exclusively renewable energy, has announced the construction in Finland of the Yllikkälä Power Reserve One, a new 30 MW […] Read more
Ford and VW Sign Agreements for Joint Projects Including EVs Updated On Thu, Jun 11th, 2020 by Saurenergy Ford and Volkswagen AG (VW) have signed agreements that expand their global alliance by agreeing to work on joint projects including EVs Two of the leading global automobile manufacturers, Ford and Volkswagen AG (VW) have announced they have signed agreements that expand their global alliance to meet rapidly evolving needs of their respective customers in […] Read more
ReneSola Joins Consortium Developing 30 MW Solar Plant in France Updated On Thu, Jun 11th, 2020 by Saurenergy ReneSola has announced it will participate in a consortium to develop a large-scale ground-mounted solar plant in the south of France. ReneSola, a leading fully integrated global solar project developer, has announced that it will participate in a consortium to develop a large-scale ground-mounted solar plant in the south of France. The plant is expected to produce […] Read more
Cheap Renewable Energy an Asset for COVID-19 Recovery Packages: Report Updated On Thu, Jun 11th, 2020 by Saurenergy As COVID-19 hits the fossil fuel industry, a new report shows that falling renewable energy costs provide an opportunity for clean energy in recovery packages As COVID-19 hits the fossil fuel industry, a new report shows that renewable energy is more cost-effective than ever – providing an opportunity to prioritise clean energy in economic recovery […] Read more
