Annual PV Installations to Cross 200 GWdc Mark in 2022: IHS Markit Updated On Thu, Nov 18th, 2021 by Saurenergy Global solar PV installations will see over 20% growth in 2022 and surpass the 200 GWdc barrier for the first time, at a total investment of at least $170 billion, despite continuing rising costs of production, according to a new report by the Clean Energy Technology service at U.K.-based market observer IHS Markit. Until recently, declining […] Read more
US Court Exempts Bifacial Module Imports From Tariffs, in Win For SEIA Updated On Wed, Nov 17th, 2021 by Saurenergy The US developer driven Solar group, Solar Energy Industries Association (SEIA) has managed to successfully petition the U.S. Court of International Trade (CIT) to reinstate bifacial solar modules’ exemption from the Section 201 tariffs on imported solar modules. The move is a big win for the SEIA which was also joined by major utility developers […] Read more
Adani Green’s Q2 Analyst Call Highlights Updated On Tue, Nov 16th, 2021 by Saurenergy Adani Green Energy Limited, the main vehicle leading the group’s green energy push as a developer held it’s analyst call on October 29, shortly after its Q2 results were declared. While the results highlighted the strong growth, as well as the closure of the 5 GW SB Energy deal, starting up of PPA’s under the […] Read more
Array Technologies Buys STI Norland in $652 million Tracker Deal Updated On Mon, Nov 15th, 2021 by Saurenergy American solar tracker firm Array Technologies is in advanced talks to acquire Spanish tracker manufacturer Soluciones Técnicas Integrales Norland (STI Norland) in a deal valued at around €570 million (US$652 million) in cash (€351 million/US$401 million) and stock. The deal closure is expected by Q1 of 2022. In 2020, STI generated revenues and EBIDTA of […] Read more
October India RE Highlights From MNRE Report For Union Cabinet Updated On Mon, Nov 15th, 2021 by Saurenergy In its monthly summary of key highlights, recently shared for the month of October, the Ministry of Renewable Energy (MNRE) has focused on renewable energy additions, international conferences and important developments in the work of Solar Energy Corporation of India (SECI). The ministry informs that a total of 1522.35 MW of renewable energy (RE) capacity […] Read more
Strong Underlying Demand To Support Solar PLI Scheme Expansion to Rs 24,000 Crore Updated On Mon, Nov 15th, 2021 by Saurenergy Power and MNRE Minister R.K Singh has informed a news agency that the government is planning to enhance funding under the production linked incentive (PLI) scheme for the domestic solar cells and module manufacturing to Rs 24,000 crore from the existing Rs 4,500 crore to make India an exporting power. The move follows the strong […] Read more
South India’s Largest Renewable Energy Expo, RenewX Returns With 5th Edition Updated On Mon, Nov 15th, 2021 by Saurenergy Informa Markets in India, has announced the 5th edition of RenewX, a two-day Renewable Energy trade expo slated on November 19 and 20, 2021 at the Hitex, Hyderabad. RenewX 2021 will provide an Industry platform to the renewable energy buyers and sellers enabling them to connect and collaborate for generating business opportunities. The expo aims to […] Read more
JSW Solar, Shirdi Sai Electricals and Reliance Win Solar PLI Allotments Updated On Fri, Nov 12th, 2021 by Saurenergy In the end, IREDA’s final list of winners for the Solar PLI (Performance Linked Incentives) scheme threw up no surprises as the bidders with plans for all stages of production and the highest capacity bids of 4 GW walked away with the top 3 allotments. Designed to encourage the setting up of manufacturing capacities for […] Read more
China’s Largest PV Plant In Quinghai Offers A study On Co-Existing With Nature Updated On Fri, Nov 12th, 2021 by Saurenergy China’s Tara Beach, located 60 kilometres southeast of Qinghai Lake, in the island province of Hainan, is bathed with a blue sea of solar panels. It houses the world’s largest renewable energy base that was built by Huanghe Hydropower Development, a state-owned utility company, with technological contributions from ICT provider Huawei. A 2.2 GW solar plant — the Tara […] Read more
