SEG Solar Acquires 2 GW Solar Module Facility in Texas Updated On Mon, Mar 20th, 2023 by Saurenergy California headquartered SEG Solar (SEG) has announced that it has closed on the acquisition of a manufacturing facility in Houston, Texas, USA. As per SEG Solar, this facility is capable of producing more than 2 GW of photovoltaic (PV) modules annually. SEG Solar said that the plant consists of approximately 145,000 square feet of manufacturing […] Read more
Solar Waste Recycling: An Opportunity For India Updated On Sat, Mar 18th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has added the solar modules and solar cells under the e-Waste Management Rules 2022 thereby fixing responsibility of the producers in terms of storing solar industry waste, filing regular returns, disclosing the panel and cell inventory separately and complying with the CPCB guidelines. The move is widely […] Read more
India Adds Just 487 MW of Solar Capacity in February 2023 Updated On Thu, Mar 16th, 2023 by Saurenergy As per the latest figures of installed capacity of renewable energy released by the CEA (Central Electricity Authority), India’s solar capacity rose to a little over 64380 MW as on February 28, 2023. In January 2023, the total solar power capacity stood at a little more than 63893 MW. Thus, over the span of a […] Read more
Amarenco Acquires 204 MW Spanish Solar Project from Hanwha Energy Updated On Thu, Mar 16th, 2023 by Saurenergy South Korean energy giant Hanwha Energy has announced that it has sold a 204 MW solar power project that was being developed in Spain to Amarenco. Hanwha has not disclosed the financial details of the deal. Amarenco is an Ireland-based independent power producer (PPA). The solar energy project that is sold by Hanwha Energy was […] Read more
Navitas Solar Ropes in Hiten Parekh as Chief Business Officer Updated On Wed, Mar 15th, 2023 by Saurenergy In what the firm is terming a long-term strategic move, Surat-based solar module manufacturing company, Navitas Solar has onboarded Hiten Parekh as its Chief Business Officer. Parekh professional experience includes 24 years spent in both India and abroad in various industries. He has ten years of industry experience in the solar sector. He brings to […] Read more
Global Solar Developer Lightsource BP Marks Entry into German Market Updated On Wed, Mar 15th, 2023 by Saurenergy Global solar developer Lightsource BP has put a new local team in place in Berlin. With this, the solar developer has forayed into the German market. With its entry into Germany, the firm has expanded its European presence to ten countries. Germany has set itself the ambition of 215 GW of solar by 2030. Currently, […] Read more
JinkoSolar Announces Financial Results; Net Profit Stands at $96 Million Updated On Mon, Mar 13th, 2023 by Saurenergy JinkoSolar Holding Company that claims to be one of the largest and innovative solar module makers in the world, has announced its financial results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter Results of 2022 JinkoSolar said that the quarterly shipments were 16,802 MW solar modules, cells and wafers which […] Read more
ALMM Requirement For Solar Projects Deferred To April 2024 Updated On Fri, Mar 10th, 2023 by Saurenergy In a move that was as unexpected as seemingly inevitable, the MNRE(Ministry of New and Renewable Energy), in a late evening Office Memorandum, has declared that its orders for using only domestically approved modules in the Approved list of module manufacturers list (ALMM) will be held in abeyance till March 31, 2024. The ALMM order […] Read more
FuturaSun Plans New 2 GW Solar Module Facility in Italy Updated On Fri, Mar 10th, 2023 by Saurenergy European solar module maker headquartered in Italy, FuturaSun has announced that it has acquired a 24,000 sq meters plot of land in the industrial area of Cittadella (Padua) to establish a new Italian solar module Gigafactory. FuturaSun said that the new factory will reach a 2 GW annual production capacity of high-efficiency photovoltaic modules that […] Read more