Possible Effects of Coronavirus on Solar Industry Updated On Mon, Feb 24th, 2020 by Saurenergy China is the largest producer of solar raw material globally. It supplies 85 percent of the raw material to the solar industry. China virtually controls the entire value chain from silicon to ingot, wafer, cell and module. Any potential strain could have an adverse impact in supplies. Southeast Asian module manufacturers to a large extent […] Read more
KEC Expands Global Footprint; Acquires Transmission Tower Mfg Unit in Dubai Updated On Mon, Feb 24th, 2020 by Saurenergy RPG Group flagship firm KEC International (KEC), through its arm KEC Towers LLC, has acquired an automated transmission tower manufacturing facility in mainland Dubai, United Arab Emirates (UAE). The global infrastructure Engineering, Procurement and Construction (EPC) major has won Dubai-based facility, with a capacity of 50,000 tons p.a., in an auction sale conducted by the Emirates Auction Authority. The BSE-listed company […] Read more
Off-Grid Solar Industry now a USD 1.75 Billion Annual Market: Report Updated On Mon, Feb 24th, 2020 by Saurenergy The off-grid solar industry has grown into a USD 1.75 billion annual market, providing lighting and other energy to 420 million users, a new report has shown The off-grid solar industry has grown into a USD 1.75 billion annual market, providing lighting and other energy services to 420 million users and remains on a solid […] Read more
IPGCL Empaneling Firms for Setting up of Rooftop Solar Projects in Delhi Updated On Mon, Feb 24th, 2020 by Saurenergy IPGCL has issued a tender for the empanelment of vendors for setting up of rooftop solar system for residential consumers in the NCT of Delhi. The Indraprastha Power Generation Company (IPGCL) has issued a tender for the request for selection (RfS) for empanelment of vendors for setting up of rooftop solar (RTS) system for residential […] Read more
Leclanché Secures $65 Mn Loan Facility to Expand Operations Updated On Mon, Feb 24th, 2020 by Saurenergy Leclanché has signed an agreement with Yorkville Advisors for an unsecured convertible loan facility with a maximum ceiling of USD 40 million. One of the world’s leading energy storage companies Leclanché has signed an agreement with Yorkville Advisors Global, a New Jersey-based investment firm providing for an unsecured convertible loan facility with a maximum ceiling […] Read more
LFDE, ÉNES Launch Largest Solar Thermal Power Plant in France Updated On Mon, Feb 24th, 2020 by Saurenergy LFDE has launched in Creutzwald the largest thermal solar power plant in France injecting the heat produced into the network, in partnership with ÉNES. La Française de l’Énergie (LFDE), a leader in industrial ecology has strengthened its position in green energies with the launch in Creutzwald of the largest thermal solar power plant in France […] Read more
TNERC Approves Rs 2.91 Tariff for Procurement of 441 MW Wind Power Updated On Fri, Feb 21st, 2020 by Saurenergy TNERC has approved a tariff rate of Rs 2.91/kWh for TANGEDCO to procure nearly 441 MW of wind power through SECI for a period of 25 years. The Tamil Nadu Electricity Regulatory Commission (TNERC) in its latest order has approved a tariff rate of Rs 2.91/kWh for the Tamil Nadu Generation and Distribution Corporation (TANGEDCO) […] Read more
EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn Updated On Fri, Feb 21st, 2020 by Saurenergy EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […] Read more
Ministry of Finance Confirms Force Majeure Status for Coronavirus Updated On Thu, Feb 20th, 2020 by Saurenergy In news that should bring some immediate relief to large solar developers, the Ministry of Finance has come out with a clarification on the Coronavirus epidemic. The clarification states that the coronavirus will be covered in the force majeure clause in agreements as a case of natural calamity. That should help developers whose incoming supplies […] Read more
