Tata Power Sells Stake in South African Wind JV for Rs 643 Crore Updated On Wed, Apr 15th, 2020 by Saurenergy Tata Power had announced that its subsidiary has completed the sale of the company’s entire stake in a South African JV for an amount of Rs 643 crore Tata Power had announced that Khopoli Investments Ltd, the firms wholly-owned subsidiary, has completed the sale of the company’s entire stake in Cennergi, a South African joint […] Read more
Ikea Parent Firm Acquires Stake in 403 MW US Solar Projects Updated On Mon, Apr 13th, 2020 by Saurenergy The Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar PV projects in the US worth a combined 403 MW generation capacity. Ingka Investments, the investment arm of Ingka Group (owner and operator of 380 IKEA stores in 30 countries), has taken over two solar photovoltaic (PV) […] Read more
Norway Okays Equinor’s Floating Wind Farm Plan Updated On Thu, Apr 9th, 2020 by Saurenergy The Norway’s Ministry of Petroleum and Industry has provided its go-ahead for the Equinor’s plan to develop and operate its Hywind Tampen wind farm. Now, the Snorre and Gullfaks platforms will be the first platforms in the world to receive power from a floating offshore wind farm. This Hywind Tampen wind farm is expected to […] Read more
Ecolog Signs MoU to Commercialize its Low Cost, Lightweight, Portable Solar Solution Updated On Thu, Apr 9th, 2020 by Saurenergy Ecolog International, a leading provider of integrated solutions, has entered into a strategic Memorandum of Understanding (MoU) with Australia’s Centre for Organic Electronics at the University of Newcastle to commercialize its revolutionary low-cost, lightweight and highly portable solar energy solution. The company claimed that it’s Ecolog Energy Solution™ will disrupt the decentralized energy marketplace by […] Read more
ReneSola Sells 15 MW Solar Portfolio in Hungary to Obton Updated On Wed, Apr 8th, 2020 by Saurenergy New York-listed global solar project developer ReneSola Power has entered into a sale agreement with Denmark headquartered Obton for its cumulative 15 MW of solar energy portfolio in Hungary. Obton is an investment and management company specialized in renewable energy projects. This is the second time that Obton has acquired solar assets from ReneSola. The […] Read more
Siemens Gamesa Receives 342 MW Turbine Order in Germany Updated On Mon, Apr 6th, 2020 by Saurenergy Siemens Gamesa has received a firm order from innogy SE to supply turbines for the 342 MW Kaskasi offshore wind power plant in the German North Sea Siemens Gamesa Renewable Energy (SGRE) has received a firm order from innogy SE to supply the offshore wind turbines for the 342 MW Kaskasi offshore wind power plant […] Read more
MNRE Asks States to not Halt Payments for RE Generators Updated On Fri, Apr 3rd, 2020 by Saurenergy MNRE has asked states to continue to buy power from renewable energy producers and clear their dues on a regular basis as was being done prior to the lockdown The Ministry of New and Renewable Energy (MNRE) has asked states to continue to buy power from renewable energy producers and clear their dues “on a regular basis […] Read more
Solaria Files Suit Against Canadian Solar for Patent Infringement Updated On Thu, Apr 2nd, 2020 by Saurenergy The Solaria Corporation, a US-based global provider of advanced solar energy products, has announced that it has filed suit against Canadian Solar The Solaria Corporation, a US-based global provider of advanced solar energy products, has announced that it has filed suit against Canadian Solar Inc., the leading Chinese solar panel manufacturer, in the Federal District […] Read more
Electricity Storage Valuation Framework Updated On Wed, Apr 1st, 2020 by Saurenergy Electricity storage could be a crucial factor in the world’s transition to sustainable energy systems based on renewable sources. Yet electricity markets frequently fail to account properly for the system value of storage. This report from the International Renewable Energy Agency (IRENA) proposes a five-phase method to assess the value of storage and create viable […] Read more