Floating Solar On A Growth Path To 2027, Says TMR Updated On Tue, Mar 2nd, 2021 by Saurenergy Transparency market Research, a market intelligence firm, has predicted a strong 43 percent CAGR growth for floating solar between 2019 and 2027. According to the firm, no large land requirement, decrease in evaporation, and massive power generation are some of the important benefits that will influence the growth of the floating solar panels market. Floating […] Read more
BCD Announcement This Week? Speculation Reaches Fever Pitch, Again Updated On Tue, Mar 2nd, 2021 by Saurenergy A report in BusinessLine, quoting sources in the MNRE, has speculated on the possibility of Basic Customs Duty (BCD) on modules and solar cells finally being announced this week. Readers will recall that the announcement was widely expected in the Union Budget in February, but was conspicuously missing. The report quotes its sources as saying […] Read more
JinkoSolar 1st Solar Firm to Sign Global Framework Principles for Decarbonizing Heavy Industry Updated On Mon, Mar 1st, 2021 by Saurenergy JinkoSolar has announced that it is the first international solar company to have signed on to the Global Framework Principles for Decarbonizing Heavy Industry (“Framework Principles”), as part of its efforts to continue supporting the decarbonization of the heavy industry sector in favor of a transition towards clean energy. Mr. Dany Qian, JinkoSolar Vice President, commented, “I […] Read more
Neoen Completes Financing for 300 MW Victorian Big Battery in Australia Updated On Mon, Mar 1st, 2021 by Saurenergy Neoen has announced that it has achieved financial close on the Victorian Big Battery, a 300 MW / 450 MWh battery storage facility in Victoria Neoen has announced that it has achieved financial close on the Victorian Big Battery, a 300 MW / 450 MWh battery storage facility located near Geelong, in Victoria. The project […] Read more
Floating Offshore the Next Frontier in Wind Development in APAC: WoodMac Updated On Fri, Feb 26th, 2021 by Saurenergy Floating offshore could be the next frontier in wind power development in the Asia Pacific (APAC), according to Wood Mackenzie. The analysis finds that a significant market for floating offshore technology is emerging in Asia. With developers in Japan, South Korea and Taiwan having announced plans to develop key demonstration projects, although the scale of […] Read more
Sungrow Makes a Resolution to Aatmanirbhar Bharat with 10 GW Expansion Plan Updated On Thu, Feb 25th, 2021 by Saurenergy Sungrow has reiterated its commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum Sungrow, a leading inverter solution supplier for renewables, has reiterated its long-term commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum, making it the […] Read more
Essar to Commission Rs 300 Cr – 90 MW Solar Plant in Madhya Pradesh Updated On Thu, Feb 25th, 2021 by Saurenergy Essar Power will foray into renewable energy, setting up a 90 MW solar plant in Madhya Pradesh at an investment of Rs 300 crore. Essar Power has announced its foray into the renewable energy segment and will be setting up a 90 MW solar plant in Madhya Pradesh at an investment of Rs 300 crore. According to CEO Kush Singh, the […] Read more
ReNew Power to be Publicly Listed on the Nasdaq, Valued at $8Bn Updated On Thu, Feb 25th, 2021 by Saurenergy Sumant Sinha led Renew Power Private Limited, the country’s leading renewable energy generator has started the process to achieve a listing at the NASDAQ market in the US via the SPAC (Special Purpose Acquisition Company) route. As of December 2020, ReNew had a total capacity of close to 10 GW of wind and solar power […] Read more
Scatec Reaches Financial Close on 150 MW Solar Project in Pakistan Updated On Mon, Feb 22nd, 2021 by Saurenergy Scatec and its local partner Nizam Energy have announced the successful financial close for the 150 MW Sukkur solar power project in Pakistan Scatec and its local partner Nizam Energy have announced the successful financial close for the 150 MW Sukkur solar power project with a total investment of about USD 100 million. Scatec’s first […] Read more