New Thermodynamic Formula Reveals Bifacial Panels Generate 15-20% More Power Updated On Tue, Dec 24th, 2019 by Saurenergy A new thermodynamic formula reveals that the bifacial cells making up double-sided panels generate on average 15-20 percent more power than monofacial cells Double-sided solar cells are already enabling panels to sit vertically on land or rooftops and even horizontally as the canopy of a gas station, but it hasn’t been known exactly how much […] Read more
Electric Pickup Truck Startup Rivian Closes $1.3 Billion Funding Round Updated On Tue, Dec 24th, 2019 by Saurenergy Rivian has announced that it has closed a funding round of USD 1.3 billion. The financing was led by funds and accounts advised by T. Rowe Price. Michigan-based electric pickup truck startup Rivian has announced that it has closed an investment/ funding round of USD 1.3 billion. The financing was led by funds and accounts […] Read more
Solar Provider Group Plans to Invest $250 mn in Brazilian Solar Market Updated On Tue, Dec 24th, 2019 by Saurenergy Solar Provider Group has arranged a team to enter the Brazilian solar market with the goal to complete investments worth $250 million over the next 5 years Canada-based Solar Provider Group (SPG) has announced that it has arranged a team to enter the Brazilian solar market with the goal to complete investments totaling USD 250 […] Read more
AIIB to Invest $65 Mn in Hero Future’s 250 MW Solar Project in Raj Updated On Mon, Dec 23rd, 2019 by Saurenergy Beijing-headquartered multilateral development bank, Asian Infrastructure Investment Bank (AIIB) has approved the investment of USD 65 million in Hero Future Energies’ 250 MW solar power project in Jodhpur, Rajasthan. The lender said in a statement that “as part of ongoing efforts to mobilize private capital for infrastructure, President Jin also approved a USD65-million 250-MW solar power […] Read more
Eni and Falck Renewables JV to Develop 1 GW RE Projects Updated On Mon, Dec 23rd, 2019 by Saurenergy Eni and Falck Renewables have signed a strategic agreement for the joint development (JV) of renewable energy projects in the United States. Italian major Eni and Falck Renewables have signed a strategic agreement for the joint development (JV) of renewable energy projects in the United States. The agreement involves the creation of a venture owned […] Read more
AfDB and EU to Provide €12 mn for Electrification of Rural Areas in Togo Updated On Mon, Dec 23rd, 2019 by Saurenergy AfDB, EU and the Togolese government have signed an agreement for 12 million euros to support the CIZO rural electrification program from Togo (PRAVOST). The African Development Bank (AfDB), the European Union (EU) and the Togolese government have signed an agreement of some 12 million euros as part of the project to support the […] Read more
ADB to Invest $1 bn for Renewable Transition in the Pacific Updated On Mon, Dec 23rd, 2019 by Saurenergy ADB will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation The Asian Development Bank (ADB) will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation and improve access to affordable […] Read more
Statkraft and Solaria Sign 10-Year 252 MW Solar PPA Updated On Sat, Dec 21st, 2019 by Saurenergy Statkraft and Solaria have signed a long-term physical power purchase agreement (PPA) for five solar parks. Statkraft, one of Europe’s leading provider of market access services and Solaria, leading solar power generator in Spain, have signed a long-term physical power purchase agreement (PPA) for five solar parks. The initial duration of the agreement is ten […] Read more
EDPR Secures Long-Term CfD for 307 MW Wind at Polish Auction Updated On Fri, Dec 20th, 2019 by Saurenergy EDPR has secured a 15-year CfD at the Polish energy auction to sell electricity produced by a portfolio of 11 wind farms with a total capacity of 307 MW. EDP Renováveis (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced that it has secured […] Read more
