Canadian Solar sells 70% stake in key Brazilian solar projects to SPIC Brasil Updated On Tue, Jun 7th, 2022 by Saurenergy In a major deal in the South American renewable energy market, Canadian Solar Inc. today announced it signed an agreement with SPIC Brasil to sell 70% stake in its 738 MWp solar power projects – Marangatu and Panati-Sitia in Brazil. SPIC Brasil is a leading power generation company in Brazil. SPIC Brasil is a leading […] Read more
Jharkhand Progresses Towards Plans For 4 Solar Projects Adding Up To 80 MW Updated On Mon, Jun 6th, 2022 by Saurenergy The state government of Jharkhand is in catch up mode with plans to develop four solar power parks in the state that is expected to reduce the dependence and share of the non-renewable energy sources in the state. As per the reports, the solar power parks will be collectively of 80 MW and once all […] Read more
RE Success Could Have Prevented Frequent Power Cuts In AP Updated On Mon, Jun 6th, 2022 by Saurenergy Andhra Pradesh could have averted the power crisis over the last few months had it met its renewable energy targets. This was the finding of a report from Climate Risks Horizons, a Bengaluru based Thinktank. AP experienced more power cuts than other states in India facing a power crisis. According to the report from Climate […] Read more
AfDB, MASEN and RES4africa to impart solar training for Sahel Countries Updated On Mon, Jun 6th, 2022 by Saurenergy North Africa is the receiver of the highest irradiance on the planet and there is an increased focus on pushing more solar projects in the region. For the same, the African Development Bank (AfDB), MASEN and RES4Africa have agreed to join forces on a dedicated solar energy training programme in 2022. The official statement by […] Read more
Senior Sourcing Manager (Electrical) Updated On Thu, Jun 2nd, 2022 by Saurenergy The Senior Sourcing Manager, Electrical will be based in Hyderabad. Onboarding will be virtual for the time being with occasional socially distanced meetings at a Nextracker office. In this position, you will report to the Sr. Director of Global Sourcing, however, will also collaborate with other team members daily. The Senior Sourcing Manager, Electrical will […] Read more
US To Add 2.2 GW OF Solar, Wind Energy Every Month For Next 3 Years Updated On Wed, Jun 1st, 2022 by Saurenergy In a sign of the steady and sure progress being made by renewables, the federal Energy Regulatory Commission (FERC) in the US has estimated that over 97% of the new generation capacity added in the US in the first quarter of 2022 was solar and wind energy. However, in terms of generation, the two added […] Read more
Research Firm Predicts Thin Film Solar Cell Market To Reach $25.3 Billion by 2030 Updated On Wed, Jun 1st, 2022 by Saurenergy Research firm Allied Market Research has signaled bright times for thin film solar manufacturers with a CAGR (Compounded Annual growth rate) of 8.4% predicted for the period upto 2030. Increasing electricity prices, reduced dependence on foreign oil and fossil fuels, and the storage and later usage of power will drive the growth of the global […] Read more
Investors In Oil And Gas Assets Could Be Exposed To Increasingly Higher Risks, Says Study Updated On Tue, May 31st, 2022 by Saurenergy The ownership of over 43,000 oil and gas assets has recently been traced to reveal who ultimately loses from misguided investments that become stranded. Stranded assets mean a wealth loss for the owners of the assets. Published in the journal Nature Climate Change on May 26, the study has found the US standing top in the […] Read more
Disruption In Supply Chain Doubles Downtime Days For Solar Developers Updated On Mon, May 30th, 2022 by Saurenergy Disruption in supply chain has reversed the downward trend in average business interruption (BI) claims for renewables developers, according to a report attributing the disruption in supply to surge in energy prices and the COVID-19 pandemic. The average number of downtime days has nearly doubled in the solar sector globally, surging beyond the renewable sector-wide […] Read more
