Mosaic Announces $1.5 Bn Loan Purchase Program for Residential Solar Projects Updated On Mon, Apr 26th, 2021 by Saurenergy Mosaic, the leading financing platform for U.S. residential solar and energy-efficient home improvement projects, today announced an additional multi-year loan purchase program for approximately $1.5 billion with a leading global investment firm. This investment builds on a separate $1.5 billion, multi-year loan purchase program with Congressional Bank announced by Mosaic on April 14. This gives Mosaic access […] Read more
REC Trading Drops to 9.2 Lakh in FY20-21 From 89.27 Lakh in FY19-20 Updated On Mon, Apr 26th, 2021 by Saurenergy The halt in trading since July 2020 has seen the REC market shrink to record the trade of just 9.2 lakh RECs in the financial year 2020-21 The halt in trading at the energy exchanges since July 2020 has seen the Renewable Energy Certificates (REC) market shrink to record the trade of just 9.2 lakh RECs in […] Read more
New Surge in Downstream Demand has Driven the Polysilicon Shortage to a Crisis Point – JinkoSolar Updated On Sat, Apr 24th, 2021 by Saurenergy In an official statement, the global vice president of Chinese solar manufacturer JinkoSolar, Dany Qian, said that polysilicon prices are not expected to drop for at least six months. The company’s general manager for South & Central Asia, Daniel Liu, stated that Jinko is not backing out from any of the signed deals with its […] Read more
LONGi Clarifies: Didn’t End Contracts With Indian Power Developers Updated On Fri, Apr 23rd, 2021 by Saurenergy In response to recent reports suggesting that Chinese PV manufacturer LONGi, among other solar developers, had withdrawn from signed contracts with Indian power developers due to increasing commodity prices, the company issued a clarification stating that this information being passed around was false and that no such contracts had been terminated. The company claims that […] Read more
Finance Needs to be at the Centre of India’s ‘Net Zero’ Discussion: IEEFA Updated On Fri, Apr 23rd, 2021 by Saurenergy India must exploit the growing pool of global capital as well as tap the resources of oil and gas majors pivoting to renewable energy With U.S. climate envoy John Kerry’s visit to India a rumour of a potential net zero announcement by India is doing the rounds. A recent flurry of reports and commentary has […] Read more
SerEnergy Launches 4th Gen Methanol Fuel Cell, SereneU Updated On Thu, Apr 22nd, 2021 by Saurenergy Danish firm SerEnergy, a methanol based fuel cell solutions firm has announced the launch of its 4th generation of fuel cell units, called SereneU. The new generation introduces many advantages, such as longer lifetime, less service and maintenances, and improved total cost of ownership. Methanol-based Fuel Cells: A unique Technology for Sustainable Energy Generation SerEnergy […] Read more
Ahead of Sunset On Brazil’s Solar Subsidies, Developers Race to Secure Projects Updated On Thu, Apr 22nd, 2021 by Saurenergy Brazil, which has disappointed as a market for solar so far, is preparing to bring a new law, passed in March 2021, that will end the country’s transmission network price subsidy. Since only those projects which have been registered with the electricity industry regulator ANEEL by March 2022 will benefit from the soon-to-be scrapped subsidies, […] Read more
Cross Border Electricity Trade in the Age of Renewables- New Trends and Developments Updated On Tue, Apr 20th, 2021 by Saurenergy Trading in electricity, unlike what many people might know, has been an intrinsic part of trade for many regions of the world. After all, it is only a little different from the energy trading that we all understand, be it oil or gas. In markets like Europe, which have found ways to bring down barriers […] Read more
Lohum Plans 250-crore Investment in Capacity Expansion Over Next 3 Yrs Updated On Mon, Apr 19th, 2021 by Saurenergy Lohum Cleantech, the lithium-ion battery manufacturer and recycler based in New Delhi, is planning to invest around 250 crores in the following three years towards expanding its manufacturing capacity, which currently stands at 300 MWh of batteries per year and 200-250 units a day, with aims to eventually venture into the production of batteries for […] Read more