South Korea’s Qcells to Build $2.5 Bn Solar Factory in US; More Than Doubles Production Updated On Thu, Jan 12th, 2023 by Saurenergy South Korea’s solar cells and modules maker Qcells will invest over $2.5 billion to expand its solar module manufacturing operations in Georgia, USA. Qcells will build a new facility in Cartersville and add a third facility to its Dalton location, creating more than 2,500 new jobs in northwest Georgia. These investments are expected to bring […] Read more
USA’s Leeward RE Raises $260 Mn For Chaparral Springs Solar + Storage Project in California Updated On Thu, Jan 12th, 2023 by Saurenergy Leeward Renewable Energy, A US based firm that delves into the development of new wind, solar, and energy storage projects in energy markets across the US, has announced that it has closed about $260 million in construction financing and secured tax equity commitments for its Chaparral Springs Solar + BESS Facility. The renewable energy project […] Read more
UK’s Hive Energy to Invest $4Billion for 4 GW of Solar + Storage in Turkey Updated On Tue, Jan 10th, 2023 by Saurenergy The United Kingdom-based Hive Energy has said that it will be investing $4 billion for the development of solar power projects with energy storage facilities in Turkey. As per reports, the firm will be constructing the projects through joint ventures with two partners based out of Turkey itself. Hive Energy is headquartered in Hampshire in […] Read more
German Institution DEG Funds Solar Micro-Grids Development in Nigeria Updated On Tue, Jan 10th, 2023 by Saurenergy Investment is picking up in Africa and the developed world seems to be making efforts to ensure that the continent is not bereft of access to green energy. The ace development finance institution of Germany, Deutsche Investitions- und Entwicklungsgesellschaft (DEG), is now funding the USA-based Husk Power Systems with $750,000 to build eight community solar […] Read more
Indian Oil Invites Bids for Solar PV Plant of 170 KWp Capacity at Baitalpur Depot Updated On Mon, Jan 9th, 2023 by Saurenergy Indian Oil Coporation Ltd (IOCL) has floated a tender for design, supply, installation, testing, commissioning (with net metering) of Solar PV Plant of 170 KWp capacity at Baitalpur Depot under UPSO-I, Lucknow. The tender is valued at INR 87,14,058. The tender document sale date is 09.01.2023, 5 PM. The tender document sale date ends on […] Read more
Can Giant Floating Solar On Oceans Work? Updated On Fri, Jan 6th, 2023 by Saurenergy A lot has been said and done about floating solar plants – an emerging technology in which a customised solar photovoltaic (PV) system is placed directly on top of a body of water. Over the past half a decade, floating solar farms have gained popularity, particularly in countries with high population density and competing uses […] Read more
Trina Solar Maintains Its Top ranking in Bankability ratings Updated On Thu, Jan 5th, 2023 by Saurenergy Leading solar and tracker firm Trina Solar has maintained its AAA status for the third consecutive quarter in the PV ModuleTech bankability rankings released by PV Tech for Q4 2022. The company’s continued presence in the highest category validates its ongoing high performance level in manufacturing capacity, technology innovation, product shipments and financial status and […] Read more
Canadian Solar Will Supply 550mwh BESS To Pulse Clean Energy For UK Projects Updated On Thu, Jan 5th, 2023 by Saurenergy Global renewable major Canadian Solar has announced that CSI Energy Storage, part of its subsidiary CSI Solar, has been selected to provide up to 550 MWh of SolBank energy storage products to Pulse Clean Energy. The products will be used in various UK-based energy projects. Canadian Solar said that the 550 MWh of energy storage […] Read more
Southeast Asia’s RE Firm ACEN to Add 700 MW Solar & Wind Energy in 2023 Updated On Wed, Jan 4th, 2023 by Saurenergy Just as the Philippines is aiming to raise the share of renewable energy in the country’s energy mix to 35% by the end of this decade and 50% by 2040, its renewable energy conglomerate ACEN Corporation is looking to operationalise 700 MW of solar and wind energy projects in 2023. ACEN is the energy platform […] Read more
