Italian Oil Giant Eni Buys 800 MW Solar Portfolio in Greece Updated On Fri, Jan 14th, 2022 by Saurenergy Italian energy group Eni, through Eni gas e luce, has acquired the Greek company Solar Konzept Greece for an undisclosed amount as part of its plans to shift away from oil and gas. Solar Konzept Greece previously belonged to Solar Konzept International, which is majority owned by Aquila Capital, a sustainable investment and asset development company, […] Read more
Inverter Maker Ingeteam Equips Spain’s 1st Solar+Storage System Updated On Thu, Jan 13th, 2022 by Saurenergy Spanish inverter manufacturer Ingeteam recently revealed that the company was chosen by electric utility Iberdrola to be its technology partner for the purpose of equipping its solar plant at the Campo Arañuelo photovoltaic complex, Spain, with a battery energy storage system solution. The 40 MW Arañuelo III photovoltaic plant is already in operation, reportedly the first large-scale […] Read more
Rajasthan Farmers to Get Collateral-free Loan to Install Solar Plants Updated On Wed, Jan 12th, 2022 by Saurenergy Farmers in Rajasthan will now be able to acquire loans from banks without depositing any collateral (security) for solar plants ranging from half a kilowatt to two megawatts on barren and waste land under PM Kusum yojana, according to recent media reports. Farmers who wish to build the plant will no longer have to mortgage […] Read more
NextEnergy Capital Divests its 149MW Italian Solar Portfolio Updated On Wed, Jan 12th, 2022 by Saurenergy London-based solar investor NextEnergy Capital has announced the sale of the entire portfolio of operating solar projects owned by NextPower II (Fund) in Italy. The Fund’s portfolio comprises 105 individual solar plants for a total installed capacity of 149 MW. Its plants are located across Italy, in regions including Piedmont, Lombardy, Veneto, Tuscany, Puglia, Sardinia, […] Read more
N-type Solar Module Produces 5.26% more Power than P-type one: Report Updated On Tue, Jan 11th, 2022 by Saurenergy Latest research has found that the power generation capacity of the N-type solar module is 5.26% higher than that of the P-type module with the same dimension, on account of the former’s lower levelized cost of electricity (LCOE) and higher internal rate of return (IRR). According to a new report by technical service provider TÜV Nord, N-type technology […] Read more
SJVN Awarded LoI for 125MW Solar Projects in Uttar Pradesh Updated On Tue, Jan 11th, 2022 by Saurenergy SJVN Ltd advanced 2.81% to Rs 31.05 after the company bagged 125 MW grid connected solar power project in UP Solar Park in Uttar Pradesh, according to recent media reports. The company has been issued Letter of Intent (LoI) by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for building 75 MW grid […] Read more
ICRA Predicts 16 GW Capacity Addition For RE In FY23 Updated On Tue, Jan 11th, 2022 by Saurenergy The outlook for the capacity addition in the renewable energy (RE) sector remains strong with a large project pipeline of over 55 GW and the highly competitive tariffs offered by these projects. The commitment to climate change goals announced by the Prime Minister at the recent COP26 summit, including increasing the non-fossil power capacity to […] Read more
U.S. Solar Platform for Shell Raises $775 M in New Equity Capital Updated On Mon, Jan 10th, 2022 by Saurenergy Nashville-based Silicon Ranch Corporation, an independent power producer in the U.S. and the American solar platform for Shell, has raised $775 million in new equity capital. The equity raise will support continued execution of Silicon Ranch’s business plan, including construction of its contracted pipeline and the acceleration of its customer-led growth strategy, by developing new […] Read more
These 5 Solar Projects In China Demonstrate It’s Leadership Like Little Else Updated On Mon, Jan 10th, 2022 by Saurenergy It is no secret that China has virtually built and led the global solar push in the past decade. Firms from the country today supply or control over 70% of global supplies in solar power. While these manufacturers continue to expand and are on track to churn out record profits this year, we take a […] Read more