MIC to Sell Solar, Wind Biz to Goldman, DIF for $215 Mn Updated On Fri, Apr 5th, 2019 by Saurenergy The company has already planned to use these proceeds to invest in the growth of its remaining businesses. After Amtech Systems, recently, revealed its plan to sell its solar business, US-based Macquarie Infrastructure Corporation (MIC) has also inked a pact to sell its entire wind and solar power generation businesses. As per the deal, the […] Read more
Global Solar PV Market To Reclaim Double-Digit Growth, India Falls behind Updated On Fri, Apr 5th, 2019 by Saurenergy The latest IHS Markit’s Report on Solar sector says this revived growth is coming mainly from markets outside of China, which are forecast to rise by 43% in 2019 but USA will overtake India to once again become the second-largest PV market. The global solar PV market is set to bounce back from single-digit growth […] Read more
Cancellations in 2018 continue to cast a shadow over 2019 Solar and Wind Projections Updated On Fri, Apr 5th, 2019 by Saurenergy With total cancellations of close to 8500 MW, which would have drawn in investments of close to $ Six billion, India’s regulators at both central and state level continue to fend off criticism for the way they are running the show For the renewable sector in India, 2018 was the year which began with so […] Read more
Maharashtra Order 5 Entities to Comply with the State’s RPO Updated On Thu, Apr 4th, 2019 by Saurenergy MERC has ordered five entities which include Indian Railways, Tata Power and BEST to comply with its Solar and Non-Solar RPO for the present and previous financial years. The Maharashtra Electricity Regulatory Commission (MERC) has formally asked five entities operating in the state to comply with its solar and non-solar renewable purchase obligation (RPO) for […] Read more
Deloitte Proposes Roadmap for Achieving India’s 40 GW Rooftop Solar Target by 2022 Updated On Wed, Apr 3rd, 2019 by Saurenergy Scaling up rooftop solar in the MSME sector in India requires addressing issues related to lack of low-cost financing, inadequate level of awareness, and lack of rooftop aggregation models. In order to achieve the government’s ambitious target of building 40 GW of rooftop solar capacity by 2022, professional services and consultancy firm Deloitte has suggested […] Read more
GE Selected as Technology Provider For Onshore Wind Project in Spain Updated On Wed, Apr 3rd, 2019 by Saurenergy The 342MW Phoenix project will produce power across 10 wind parks in Aragon, Spain, and GE will install 91 onshore wind turbines from its 3MW platform. GE Renewable Energy has been selected as the technology provider for the Phoenix onshore wind project in Aragón Spain. The 342 MW project will be developed by Mirova, ENGIE, […] Read more
More than 300 GW of New Wind Capacity to be Added in Next 5 Years : GWEC Updated On Wed, Apr 3rd, 2019 by Saurenergy GWEC forecasts over 300 GW of wind capacity to be added in the next 5 years, with growth to come from emerging markets and offshore wind. According to a new report, 2018 was a positive year for the wind industry, with 51.3 GW of new installations. With market-based mechanisms, such as auctions, tenders and Green […] Read more
TSE, Huawei Ink Co-op Pact for 150 MW Japanese Solar Farm Updated On Tue, Apr 2nd, 2019 by Saurenergy The motive behind the deal was to purchase the Huawei 1500V Smart PV Solution for an installed power generation capacity of over 150 MW Onikoube Solar Farm in Miyagi Prefecture, Japan. One of the leading renewable energy company’s in Southeast Asia, Thai Solar Energy Public Company (TSE) and China-based Huawei signed the cooperation agreement in […] Read more
Battery Management System Market Is Projected To Reach $11.17 Billion By 2025: Report Updated On Tue, Apr 2nd, 2019 by Saurenergy According to a report published by Grand View Research, The growing penetration of UPS solution in businesses to counter data loss is expected to spur the demand for Battery Management System Market. Lithium-ion batteries are used in applications requiring high-energy density solutions. According to a report, “Battery Management System Market Analysis By Battery Type […] Read more
