EXIM Bank Extends $40 M to Togo to Power 350 Villages with Solar PV Updated On Wed, Jun 30th, 2021 by Saurenergy Export-Import Bank of India has, on behalf of the Government of India, extended a Line of Credit (LOC) of USD 40 million to the Government of Togo for the purpose of the electrification of 350 villages in Togo through solar photovoltaic systems. India has been on a major outreach among developing countries ever since it […] Read more
Saatvik Green Energy Wins BHEL’s 141.76 MW Solar Modules Order Updated On Wed, Jun 30th, 2021 by Saurenergy Indian module manufacturers, Saatvik Green Energy Pvt. Ltd. has won a 141.76 MW Solar modules tender from Bharat Heavy Electricals Limited (BHEL). BHEL floated the tender for their 100 MWac Gujarat State Electricity Corporation Ltd (GSECL) Raghanesda Ultra Mega solar park in Gujarat. Saatvik Green Energy secured the bid in a reverse bidding auction while […] Read more
Soltec Nets Statkraft Deal For 234 MW Solar Projects in Spain Updated On Wed, Jun 30th, 2021 by Saurenergy The Spanish manufacturer and supplier of solar trackers, Soltec has agreed to terms with Europe’s renewable energy company Statkraft for the development of four solar projects in Cadiz in southern Spain with a total capacity of 234 MW. According to the firms, four projects being constructed this year and expected to generate 500GWh of clean […] Read more
LNJ Bhilwara Group Forays into Energy Storage Segment Updated On Mon, Jun 28th, 2021 by Saurenergy The Rs 7300 crore turnover LNJ Bhilwara Group, today announced its entry into the lithium-ion battery business through its private promoter entities. The group has entered into a joint venture with ReplusEngitech Pvt Ltd, a Pune-based company pioneering advanced energy storage products and solutions to establish a 1GWh plant for Lithium-Ion Battery Modules & Packs, […] Read more
Risen Energies To Invest $10 bn To Set Up Solar PV Cell Factory in Malaysia Updated On Fri, Jun 25th, 2021 by Saurenergy China-based solar company Risen Energy Co. Ltd yesterday announced its first investment in Southeast Asia, with the aim to produce 3GW of high-efficiency photovoltaic modules to meet growing global demand. The company is expanding its global footprint by opening its latest production base in Kulim Hi-Tech Park, Kedah, Malaysia, in response to the strong support […] Read more
Response to MSEDCL And RUMSL Tenders Indicates Resilience In Solar Market Updated On Fri, Jun 25th, 2021 by Saurenergy Two recent tenders, by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 500 MW of Wind-Solar Hybrid power, and another one by Madhya Pradesh’s RUMSL Agar Solar Park for 550 MW, have thrown up some pleasant surprises. Contrary to fears expressed by some Industry insiders we had spoken to last month, where they were […] Read more
PwC Report Claims Solar Thermal is Best for Nighttime Electricity Generation in Spain Updated On Thu, Jun 24th, 2021 by Saurenergy Spanish solar thermal companies are present in more than three-quarters of the world’s projects, becoming a successful case of technology export in the category. In addition to new plants awarded by auctions to comply with the PNIEC (National Plan for Energy and Climate), there are possibilities to expand existing plants to have more night-time renewable […] Read more
US Moves To Sanction Chinese Solar Firms, Implications for India Updated On Thu, Jun 24th, 2021 by Saurenergy Dynamics in the solar equipment market, dominated by China, just got more complicated with reports of the US Administration of President Joe Biden imposing sanctions against specific companies. That ramps up an already testy relationship when it comes to solar imports from China to the US, where the US under the Trump administration had first […] Read more
Acciona Recycles Nissan’s Car Batteries to Store Solar Energy in Spain Updated On Wed, Jun 23rd, 2021 by Saurenergy Acciona, a multinational renewable energy conglomerate, has connected Spain’s first renewable storage plant using recycled batteries to the grid at the company’s experimental photovoltaic park in Tudela (Navarre). The set of four second-life batteries, with a combined capacity of 130kWh, will store the energy obtained from the 1.2MWp plant to later inject it into the grid […] Read more