Valmont Buys Majority Stake in Solbras – Energia Solar Updated On Fri, Jun 5th, 2020 by Saurenergy Valmont Industries, US-based engineering and irrigation equipment manufacturer, has purchased the majority stake in a Brazilian company, Energia Solar do Brasil (Solbras), a leader in photovoltaic (PV) energy sector. Now, with immediate effect, the company will market under the Valley brand – a Valmont company. However, the company didn’t disclose the deal amount. Valley Irrigation […] Read more
Delayed Solar Development in Japan amid Covid-19 Likely to Facilitate Coal Usage Updated On Fri, Jun 5th, 2020 by Saurenergy Amidst coronavirus crisis, electricity demand in Japan like other countries has dropped significantly and thus resulted in a decline in power prices. This drop in demand and rise in solar power generation eventually driving down the wholesale electricity prices, as revealed by the data & analytics company. According to GlobalData, the ongoing economic contraction, delays […] Read more
Europe’s Wind & Solar Installations Will Need Grid Flexibility to Succeed: WoodMac Updated On Fri, Jun 5th, 2020 by Saurenergy A combination of wind and solar power, otherwise known as Variable Renewable Energy (VRE), could make up the largest share of power capacity throughout Europe’s major markets – Great Britain, Germany, France, Italy and Spain – as early as 2023, according to a new analysis from Wood Mackenzie. And the success of Europe’s transition to […] Read more
West Bengal Seeking EPC Contractors for 125 MW Solar Power Plant Updated On Fri, Jun 5th, 2020 by Saurenergy WBSEDCL has issued an EOI for engineering, procurement and construction (EPC) of the 125 MW phase-1 of solar park project in West Bengal. The West Bengal State Electricity Distribution Company (WBSEDCL) has issued an Expression of Interest (EOI) for the participation of the EPC contractor to express interest through e -tendering for “engineering, procurement and […] Read more
PEDA Issues Tender for 2 MW Solar Project in Himachal Pradesh Updated On Fri, Jun 5th, 2020 by Saurenergy PEDA on behalf of BBMB has issued an RfP for setting up solar PV projects of 2 MW capacity at the Neilla Bhakra Dam Village in Bilaspur, Himachal Pradesh. The Punjab Energy Development Agency (PEDA) on behalf of Bhakra Beas Management Board (BBMB) has issued a Request for Proposal (RfP), inviting bids from eligible bidders […] Read more
India’s Renewable Capacity Additions to Fall in Next 5 Years: BTI Updated On Fri, Jun 5th, 2020 by Saurenergy India’s renewable capacity additions in the next five years is expected to fall down from previous estimates due to COVID-19 disruptions, according to BTI India’s total solar and wind (renewable) power capacity additions in the next five years is expected to reach only 35 gigawatt (GW) and 12 GW, respectively, down from previous estimates due […] Read more
Which States Have the Highest Solar Energy Potential in India? Updated On Thu, Jun 4th, 2020 by Saurenergy The solar energy generation potential in a specific area can be assessed based on factors like availability of land, solar radiation etc. The National Institute of Solar Energy (NISE), an apex institute of Ministry of New & Renewable Energy (MNRE), has estimated the potential of solar power in the country to be around 750 GWp. […] Read more
ReneSola Signs Supply Pact with Zhejiang XunNeng for 800 MW Solar Modules Updated On Wed, Jun 3rd, 2020 by Saurenergy ReneSola, a leading solar photovoltaic (PV) module manufacturer, has entered into a framework agreement with Zhejiang XunNeng, a project developer, for the supply of 800 MW capacity of modules for the years 2020 and 2021. On the basis of their earlier successful cooperation, both the companies have decided to further extend their business relationship by […] Read more
Vivint Solar Closes USD 545 Million of new Financings Updated On Wed, Jun 3rd, 2020 by Saurenergy Vivint Solar has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. Vivint Solar, a leading full-service residential solar provider in the United States, has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. The first is a USD 245 million upsize to the company’s already existing multi-lender […] Read more
