Canadian Solar Wins 45 MWh Energy Storage Project in Colombia Updated On Tue, Jul 13th, 2021 by Saurenergy Canadian Solar Inc., a solar PV module manufacturer in Canada, has won its first-ever utility-scale battery storage project in Colombia with a capacity of 45 MWh. The project was awarded in the public tender floated by Colombia’s Ministry of Energy and Mines via its affiliate UPME, the Mining, and Energy Planning Unit. Located in the […] Read more
Lightsource bp Raises Euro 52M For 100MW Solar Projects in Spain Updated On Tue, Jul 13th, 2021 by Saurenergy European solar developer Lightsource bp has successfully raised a Euro 52 million term loan from leading financial backers for its Barrica solar projects in the Aragon region of Spain, giving the green light for construction to begin on two 49.5MWp solar sites. Leading financial backers include Banco Sabadell, Natwest, Santander, and Intesa Sanpaolo, which provided the necessary financial […] Read more
Woodmac Predicts Low Solar Achievement Rates for India By 2030 Updated On Tue, Jul 13th, 2021 by Saurenergy Market Research firm Wood Mackenzie (Woodmac) says that Asia Pacific solar photovoltaic (PV) capacity could triple to 1,500 gigawatts (GW) by 2030. China To Remain Leader Even as China will remain leader in the region, woodmac says low completion rates in India mean the country will miss its 100 GW solar target for 2022, […] Read more
Avaada Energy, O2 Power Win RUMSL 550 MW Solar Auction Updated On Mon, Jul 12th, 2021 by Saurenergy We have two more names joining the winners’ list in key solar auction results this week. This time, it is the RUMSL 550 MW Agar Solar park auction, where Avaada Energy and O2 Power (through Beempow energy Private Limited) have won the auction for 550 MW solar projects of Rewa Ultra Mega Solar Limited (RUMSL), […] Read more
President Kovind’s Childhood Home in Rural UP Goes Solar Updated On Mon, Jul 12th, 2021 by Saurenergy President Ram Nath Kovind’s residence ‘Milan Kendra’ in his native village of Paraunkh, Uttar Pradesh, has now become solarised, a move that should boost awareness about the rooftop solar industry in the region and beyond. Located 70 km away from Kanpur, the President’s childhood home is now powered by a 5 kW solar plant, which […] Read more
Tata Power Empaneled for 84MW Rooftop Solar Project By KSEB Updated On Fri, Jul 9th, 2021 by Saurenergy Tata Power, India’s largest integrated power company, has been empaneled and won a contract worth Rs 400cr from the Kerala State Electricity Board Limited (KSEBL) on July 2, 2021 to develop 84MW solar rooftop project for domestic consumers across all districts of Kerala. As a part of this agreement, the company will implement projects through […] Read more
Power Equipment Major Alfanar Acquires Wind Energy OEM Senvion India Updated On Thu, Jul 8th, 2021 by Saurenergy Saudi power equipment major Alfanar has made a formal entry into India’s energy sector through its 100% acquisition of wind turbine OEM Senvion India from Senvion GmbH. The acquisition was made through Global Renewable Energy Development Holding Company Limited (GREDHCL), a dedicated investment vehicle set-up by promoters of Alfanar. Announced back in December 2020, the […] Read more
Local Firm to Set Up 100 MW Solar Plant in Botswana Updated On Thu, Jul 8th, 2021 by Saurenergy The Botswana energy regulator has granted a generation licence for a 100 MW solar project to local firm Shumba Energy, making it the first independent power producer to set up a large scale solar plant in the country, according to media reports. This landlocked country in Southern Africa does not currently have large scale solar […] Read more
Hyundai to Invest $100 M in Solid-state Battery Developer Solid Energy Updated On Thu, Jul 8th, 2021 by Saurenergy Hyundai Motor Co, a South Korean automotive manufacturer of international repute, will invest USD 100 million in solid-state battery specialist Solid Energy System (SES) corporations, according to recent media reports. The company appears to have signed an equity investment agreement with SES. A spin-off from the Massachusetts Institute of Technology (MIT), Solid Energy has developed a prototype lithium metal […] Read more
