Solis to Raise $100 M and Double Production Capacity to 20 GW Updated On Fri, May 15th, 2020 by Saurenergy Ginlong Technologies (Solis), a global leader in photovoltaic string inverter manufacturing, has announced its plans to raise over USD 100 million Ginlong Technologies (Solis), a global leader in photovoltaic string inverter manufacturing, has announced its plans to raise over USD 100 million (~700 million Chinese Yuan), through a non-public offering to finance the expansion of […] Read more
3.35 GW of Wind Capacity Auctioned in the Q1 2020; 1.2 GW in India Updated On Fri, May 15th, 2020 by Saurenergy GWEC has published its first quarter wind auction database, reporting that a total of 3.35 GW of wind power capacity was auctioned in the period. The Global Wind Energy Council (GWEC) has published its first quarter wind auction database under its Market Intelligence’s services. The database reveals that from January to April 2020, a total […] Read more
World’s 1st Offshore Farm to use 9.5 MW Turbines Comes Online Updated On Fri, May 15th, 2020 by Saurenergy The 219 MW Northwester 2 offshore wind farm is now supplying the Belgian grid with green energy from all of its 23 fully wind turbines producing 9.5 MW each. In just under ten months from the start of the offshore works, the 219 MW Northwester 2 offshore wind farm is now supplying the Belgian grid […] Read more
European RE Associations Moves EC to Solve Permitting Bottlenecks Updated On Fri, May 15th, 2020 by Saurenergy 8 European renewable energy trade associations have sent a letter to the EC urging concrete action to solve permitting bottlenecks for renewables. WindEurope and seven other European renewable energy (RE) trade associations – Bioenergy Europe, EGEC, EREF, ESTELA, Ocean Energy Europe, ESTIF, and SolarPower Europe, have sent a letter to the European Commission (EC) urging […] Read more
Siemens Gamesa to Supply Wind, Storage Hybrid Solution in Philippines Updated On Thu, May 14th, 2020 by Saurenergy Spanish wind turbine manufacturer Siemens Gamesa is set to deliver an innovative wind and storage hybrid project in the Philippines. This project is having its own significance as it will help in reducing dependence on diesel by providing stable power supply in a location with a weak link to the grid. Moreover, this hybrid project, […] Read more
Former Union Secretary of MORTH Vijay Chhibber Appointed as EPTA’s Director General Updated On Thu, May 14th, 2020 by Saurenergy The Electric Power Transmission Association (EPTA) has appointed Vijay Chhibber, former Union Secretary of MORTH, as its new Director General with effect from April 08, 2020. In his new role, Chhibber will be primarily responsible for engaging with stakeholders to further the goal of reliable 24×7 power supply through development of least-cost transmission system […] Read more
Power Demand Dropped 24% in April Due to Lockdown: CRISIL Updated On Thu, May 14th, 2020 by Saurenergy With almost no economic activity taking place in the first 20 days of April due to lockdown, power demand declined sharply by 24 percent in the month With almost no economic activity taking place in the first 20 days of April due to lockdown, and very little operations after that, power demand declined sharply by […] Read more
India Must Intensify Policy Reforms to hit 60 GW Wind Target by 2022: Report Updated On Thu, May 14th, 2020 by Saurenergy Wind energy capacity in India can only realistically reach 50 GW by 2022, and the sector needs to intensify policy reforms to hit its 60 GW by 2022 target. According to a new report, wind energy capacity in India can only realistically reach 50 GW by 2022. And, efforts by the government to lower barriers […] Read more
Lithium Ion To Stay Numero Uno Option for Storage, Say Researchers Updated On Wed, May 13th, 2020 by Saurenergy A recent three day meeting between researchers from Germany and Israel has concluded that lithium-ion batteries will continue to rule in the storage space in the near future. Redox flow storage, which has made strides recently, did find a mention for its potential, especially in stationary applications. However, price for Redox flow storage remains a […] Read more