South Africa’s Eskom Plans $7.2 B Investment in Wind & Solar Updated On Tue, Aug 31st, 2021 by Saurenergy South African electricity public utility Eskom Holdings SOC Ltd. is planning to invest 106 billion rand, or $7.2 billion, in wind and solar power by the end of the decade. Eskom, which accounts for two-fifths of the nation’s greenhouse gas output, may execute its plan either independently or through a partnership. A few months ago, South […] Read more
Q Cells Invests Into Solar Storage Firm Amped Solutions in North America Updated On Tue, Aug 31st, 2021 by Saurenergy Q Cells North America, which is among the market leaders in the US market with its range of solar modules and cells, has made an undisclosed investment into a portfolio of solar-plus-storage projects of Amped Solutions in California. This deal had been structured to help Amped Solutions reduce project risks and upgrade its systems. For […] Read more
Sector 39 Waterworks in Chandigarh to Soon Welcome Solar Panels Updated On Mon, Aug 30th, 2021 by Saurenergy The Municipal Corporation of Chandigarh will soon get its first solar power plant at the Sector 39 waterworks. The floating solar power panels are expected to generate electricity worth ₹1.38 crore annually. The Chandigarh Renewable Energy and Science and Technology Promotion Society (CREST) will execute the project. CREST is the agency for the implementation of various […] Read more
Sungrow Supplies the Largest Solar-plus-Storage Solution for Egypt Mining Site Updated On Fri, Aug 27th, 2021 by Saurenergy Sungrow, the global leading inverter solution supplier for renewables, has announced a contract to supply equipment to the German developer juwi for the 36 MW off-grid solar farm and a 7.5MW battery energy storage system at Sukari gold mine operated by Centamin in Egypt. The project will be the largest solar-plus-storage plant located at a […] Read more
US Battery Storage Facilities Set Capacity Records: IHS Markit Updated On Fri, Aug 27th, 2021 by Saurenergy Utilities in the US are poised to leapfrog each other in the race to have the largest installation in the country and the world, as a California facility was expanded this month, but a Florida utility will soon finish an even bigger project, writes Kevin Adler, Editor, Climate & Sustainability Group, IHS Markit, in a timely […] Read more
Solar Recycling Is Becoming A Race Against Time Updated On Thu, Aug 26th, 2021 by Saurenergy In the last two decades, millions of solar panels have been installed, with an expected lifetime of between 25 and 30 years. That means over the coming years, a trickle of discarded panels will gradually turn into a flood, requiring effective recycling techniques to be in place soon. Solar recycling technologies, have their task cut […] Read more
India Added 2,110 MW Solar Power Capacity in Q2 ’21: BRIDGE TO INDIA Updated On Thu, Aug 26th, 2021 by Saurenergy India added 2,110 MW solar power capacity in Q2 2021, according to the the Q2 2021 edition of its “India Solar Compass” report that was recently released by BRIDGE TO INDIA. The report provides a detailed quarterly update of all key sector trends and developments – capacity addition, leading players, tender and policy issuance, equipment […] Read more
Storage Integrator FlexGen Bags $150 M Investment from Apollo Funds Updated On Thu, Aug 26th, 2021 by Saurenergy Apollo Global Management, an alternative asset management group, has announced a $150 million equity commitment to FlexGen Power Systems, a leading integration services and software technology provider for energy storage solutions in the US and globally. Apollo’s investment will be made in partnership with FlexGen’s existing investors, Altira Group and the founding investment group led […] Read more
Gravity based Energy Storage Startup Energy Vault Announces $100 Million Funding Updated On Wed, Aug 25th, 2021 by Saurenergy Energy Vault, the firm behind gravity-based, grid-scale energy storage solutions with its proprietary technology, today announced $100 million in Series C funding. We had covered the firm’s series B funding back in 2019. The newest investment round is being led by existing investor Prime Movers Lab, with additional participation from other existing investors including SoftBank […] Read more
