EU Hikes Solar Target to 600 GW By 2030, 320 GW by 2025 Updated On Thu, May 19th, 2022 by Saurenergy Still reeling from the aftershocks of the Russian invasion of Ukraine and it’s struggle to punish Russia adequately with trade sanctions on fossil fuel exports, the EU’s updated REpowerEU strategy has reworked the maths to raise its solar targets by a 10 to 20% by 2025 and 2030 respectively. The new targets are 320GW of […] Read more
Lightsource Bp Aims To Showcase Solar Powered Fishery In Taiwan Updated On Wed, May 18th, 2022 by Saurenergy Lightsource bp, the renewables and solar arm of Oil giant BP, has unveiled the company’s first-ever clean energy-fed aquaculture project, a 150MW PV-powered fishery off Taiwan. Its construction is expected to commence in June 2023. Being built by Lightsource bp in partnership with Green Rock Energy, the Bundai development will produce 210,000MWh of electricity a […] Read more
New RE Capacity Will Touch 300 GW This Year, Solar To Dominate: IEA Updated On Tue, May 17th, 2022 by Saurenergy A new report by the International Energy Agency (IEA) predicts that new RE capacity across solar, wind and other sectors will collectively exceed 300 GW globally this year for the first time against 295 GW in 2021. A strong policy environment in China and the EU drove most of this expansion in PV this year. […] Read more
Aquila Capital and FNSF collaborate for 1GW Solar Farm in New Zealand Updated On Fri, May 13th, 2022 by Saurenergy New Zealand will soon have a large-scale solar farm begin to produce 1GW. That is a big deal, because TOTAL solar capaciy in NEw Zealand has barely crossed 200 MW till date. German investment outfit Aquila Capital and local PV project developer Far North Solar Farm have joined their hands to collaborate to make this […] Read more
US probe into solar imports threatens almost 2/3 of planned capacity additions in 2022: Rystad Energy Updated On Wed, May 11th, 2022 by Saurenergy As much as 17.5 gigawatts (GWac) of planned US solar capacity installations in 2022 are in doubt after the Department of Commerce (DOC) opened an investigation into panel imports from southeast Asia, Norway-based Rystad Energy research shows. The US was expected to install 27 GWac of solar energy capacity in the utility, residential, and commercial […] Read more
SmartEnergy and Prodiel form JV for Spanish solar PV Updated On Thu, May 5th, 2022 by Saurenergy Swiss investment company SmartEnergy and Spanish solar developer Grupo Prudiel have joined hands to develop a 4GW pipeline of solar PV projects in Spain. Greenfield PV has swung into action with a team of more than 50 experienced development specialists working on the portfolio of projects. Besides, SmartEnergy acquired a project pipeline exceeding 1GW of […] Read more
Jinko Solar Q1 Results Report 8.4 GW of Shipments, Up 56% YoY Updated On Mon, May 2nd, 2022 by Saurenergy Module major Jinko Solar has announced its Q1 results, and as expected, the results are a major jump over the corresponding period last year. Total revenues were RMB 14.76 billion ($2.24 billion), a growth of 86% year-on-year (YoY). Gross profit came in at RMB 2.23 billion ($338.6 million), a 64% YoY increase even as it […] Read more
SECI Extends Deadline for Floating Solar At Getalsud Dam, Ranchi Updated On Fri, Apr 29th, 2022 by Saurenergy The Solar Energy Corporation of India (SECI) has extended the last date for submission of bids for the Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 100 MW (AC) Floating Solar PV Project having 10 years plant O&M at Getalsud Dam, Ranchi, Jharkhand. Like most large floating solar projects, plans for a plant at […] Read more
RWE to supply solar power generated at German coal mine Updated On Thu, Apr 28th, 2022 by Saurenergy In only a few weeks’ time, RWE’s Inden Opencast Mine will no longer produce just lignite, but also solar power. After officially breaking ground, building work has commenced for a utility-scale photovoltaics system with integrated battery storage. The solar modules will produce a peak electric output of 14.4 megawatts (MW). The “RWE indeland Solarpark” is […] Read more
