Middle East Renewables Braced for Turbulent Outlook: GlobalData Updated On Fri, Apr 3rd, 2020 by Saurenergy Recent reports have estimated that global solar demand will slow down for the first time in three decades, with the coronavirus (COVID-19) crisis potentially triggering a drop of between 6 percent and 10 percent in demand in 2020. The downgrade is largely due to strict limitations on movement and commercial activity in China, where the […] Read more
GoodWe, GE Ink Global Licensing Deal Updated On Fri, Apr 3rd, 2020 by Saurenergy GoodWe Power Supply Technology Co Ltd (Goodwe), a prominent inverter and storage firm, based in Suzhou, China, has been selected as the exclusive licensing partner of solar inverters for GE’s global sales. For the technology focused Goodwe, the pact serves as a vindication of the quality and reliability of its product offerings in the space, […] Read more
Renesola, Zhongnan Group in $100 Million Investment Agreement Updated On Wed, Apr 1st, 2020 by Saurenergy Shanghai Headquartered ReneSola, which recebtly crossed the 20 GW milestone in cumulative module sales, has announced a USD 100 million strategic investment agreement with Zhongnan Industry (a subsidiary of Zhongnan Holding Group). The announcement was made on March 31st at the official signing ceremony of the Supply Chain Cooperation Agreement between ReneSola Yixing Co., Ltd. […] Read more
Storage Stays In Focus With New 1200 MW tender Plan from SECI Updated On Wed, Apr 1st, 2020 by Saurenergy After the success of its previous 1200 MW tender for renewable generation plus guaranteed peak supply, the Solar Energy Corporation of India (SECI) has issued a notice inviting tender (NIT) for a repeat of its previous tender. That was oversubscribed by 420 MW. SECI informs us that details will be uploaded soon on the website […] Read more
For GCL, Normal Is Back, with 60 GW Plan Updated On Wed, Apr 1st, 2020 by Saurenergy China-based GCL System Integration Technology Co. (GCL SI) which claims to supply 29.1% of total worldwide wafer capacity yield, represents 22.2% silicon market shares has announced plans to build a new factory in China with an annual solar panel production capacity of 60 GW. The new fab in Hefei province was said to cost an […] Read more
Lockdown to Impact Power Demand, Cash Flows for Discoms: ICRA Updated On Tue, Mar 31st, 2020 by Saurenergy The COVID-19 lockdown will adversely impact power demand, cash flows for Discoms leading to payment delays for Gencos and transmission firms, as per ICRA The lockdown announced by the government to control the spread of the Novel Coronavirus (COVID-19) pandemic will adversely impact electricity power demand, and cash flows for distribution companies (Discoms) – leading to payment delays for power generation and […] Read more
Sterlite Power Partners with 4 EPC, OEM Players to Execute its Lakadia Vadodara Transmission Project Updated On Mon, Mar 30th, 2020 by Saurenergy Sterlite Power, which is among the leading global developers in power transmission space, has entered into partnership with four major players in the EPC and OEM space, with an aim to execute it’s Green Energy Corridor (GEC) project – Lakadia Vadodara Transmission Project Ltd (LVTPL). Thus, the company has joined hands with GE T&D India […] Read more
Discoms’ Outstanding Dues to Gencos Rises 32% in January to Rs 88,311 Cr Updated On Mon, Mar 30th, 2020 by Saurenergy Power producers’ total outstanding dues owed by Discoms rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year. Power producers’ total outstanding dues owed by distribution firms (Discoms) rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year, reflecting stress in the sector. […] Read more
Auctions Designed in Innovative Ways Can Help Achieve Specific Country Goals: Sukhwinder Pal Singh Updated On Fri, Mar 27th, 2020 by Saurenergy One of the main trends to procure renewables-based electricity at the lowest price -while fulfilling other objectives- is the use of auctions. Auctions designed in innovative ways can help to achieve specific country goals, beyond solely procuring electricity at the lowest price. These goals might include ensuring greater participation of communities or other new and […] Read more
