IKEA Geared Up To Enter Into US Residences With Solar Updated On Fri, May 27th, 2022 by Saurenergy IKEA will deploy residential solar systems in the United States this fall competing with Tesla in the future. IKEA will partner with US residential energy service provider SunPower Corporation to launch the Home Solar programme, which will first be introduced in the centre of US residential solar energy, California, which accounts for 40% of the […] Read more
EU’s New Energy Plans Include Mandatory Solar Panels On New Buildings Updated On Fri, May 27th, 2022 by Saurenergy The European Union has recently decided to rapidly end its reliance on Russian oil and gas by making it mandatory for all new buildings to have solar panels. A news report published last week quoted the European Commission as saying, “There is a double urgency to transform Europe’s energy system: ending the EU’s dependence on […] Read more
Dearer Module, Steel And Freight Will Hit 5 GW Solar Capacity: CRISIL Updated On Thu, May 26th, 2022 by Saurenergy Rise in prices of solar modules, freight and steel will have an adverse impact on 5 GW solar capacity. The solar modules by and large contribute in the range of 55-60 per cent to the cost of a solar project and its price has increased by 40 per cent from January last year to March […] Read more
Egypt Will Generate 10GW Renewable Energy Next Year Updated On Thu, May 26th, 2022 by Saurenergy The government of Egypt is looking to expedite the renewable energy projects in the country, with plans to generate about 10,000 MW of solar and other renewable power in 2023 said a government official to media. The government expects the rise in renewable energy production in the coming year as many energy projects will then […] Read more
GoodLeap Securitizes $467 Million Residential Solar Loan Updated On Tue, May 24th, 2022 by Saurenergy Leading American Solar loan provider GoodLeap (formerly Loanpal), announced on May 23 the closure of GoodLeap Sustainable Home Solutions Trust 2022-2 following the securitisation of residential solar loans worth $467 million to approximately 11,000 homeowners. Originated on the GoodLeap platform, the securitization was underwritten by Credit Suisse and Goldman Sachs. Tanguy Serra, GoodLeap’s President and […] Read more
NTPC commissions 35 MW Floating Solar Project in Kayamkulam Updated On Mon, May 23rd, 2022 by Saurenergy State owned power producer NTPC has announced that consequent upon successful commissioning, second part capacity of 35 MW out of 92 MW Kayamkulam Floating Solar PV Project at Kayamkulam, Kerala, is declared on commercial operation w.e.f. 06:00 Hrs. of 19 May 2022. As per the announcement, the first part capacity of 22 MW was already […] Read more
‘Coal to Renewable Energy’ is Cheaper than ‘Coal to Gas’: TransitionZero Study Updated On Fri, May 20th, 2022 by Saurenergy A new study from TransitionZero says that a shift from coal to clean energy is cheaper than switching to gas. Production and use of energy is the reason behind climate change. Electricity and heat produced during the employment of energy in various uses causes 35% of GHGs across the world. Coal alone is the highest […] Read more
As US Continues Pressure On Chinese Manufacturers, Solar Growth Stalls Updated On Wed, May 18th, 2022 by Saurenergy The long running investigation into dumping, or imports from China into the US continues on its run, impacting firms, and now, it seems overall solar growth in the US in a big way. As one of the world’s largest solar export markets and one that offers higher margins than many, the US market has long […] Read more
Danfoss India Launches First Privately Owned Grid Scale Energy Storage System Updated On Wed, May 18th, 2022 by Saurenergy Danish owned Danfoss India recently opened India’s first privately owned and operated grid-scale battery-based Energy Storage System (ESS) at its Oragadam campus in Chennai to store the excess energy generated by renewables (solar power plant) installed inside the campus. The ESS has been engineered using Danfoss’ sustainable Drives technology, according to a statement. Jurgen Fischer, […] Read more
