TotalEnergies to Acquire Commercial & Industrial Solar Business of SunPower Updated On Fri, Feb 11th, 2022 by Saurenergy TotalEnergies has announced that the company has signed a contract with SunPower Corp.’s to purchase latter’s Commercial & Industrial Solutions (CIS) business for $250 million. The amount includes $60 million of earn-out. TotalEnergies is the majority shareholder of SunPower, a leading solar technology and energy services provider. Both the companies have approved the acquisition following a thorough process involving […] Read more
Fraunhofer Institute creates proficient solar cell ‘recycling’ process Updated On Thu, Feb 10th, 2022 by Saurenergy For what could be a major breakthrough for the PV recycling industry, the Fraunhofer Center for Silicon Photovoltaics CSP in Germany has developed a solution to recycle PV modules on an industrial scale and reuse the silicon to produce new PERC solar cells. The institution has developed this in close cooperation with Fraunhofer Institute for […] Read more
MNRE Extends BIS Certification Deadline for Solar Inverters till June 30 Updated On Wed, Feb 9th, 2022 by Saurenergy The Ministry of New and Renewable Resources (MNRE) has once again extended the time granted to solar inverter manufacturers to obtain self-certification under the Bureau of Indian Standards (BIS). The new notification extends the deadline till June 30, 2022. The decision from the Ministry comes as a result of the industry requesting more time from […] Read more
ABB India Launches New Range of Smart Meters for Energy Management Updated On Wed, Feb 9th, 2022 by Saurenergy Energy management is one of the biggest challenges in business applications and has a huge impact on the cost of operations. Seeking to ensure optimal energy efficiency, ABB India has launched a new series of electrical measuring and power monitoring meters for the digital panel meter market which is growing at a CAGR of 6% […] Read more
Risen Energy Invests in Cell and Module Expansion Updated On Mon, Feb 7th, 2022 by Saurenergy Chinese solar panel manufacturer Risen Energy has announced that the company and Ningbo South Coastal Economic Development have inked an agreement for a 15 GW N-type ‘Ultra-Low-Carbon High-efficiency’ hetero-junction cells factory and a 15 GW ‘high-efficiency’ solar module production facility. As per the company, the quest will incur a total investment of $2.39 billion, of […] Read more
Maxeon Solar raises the bar with warranty of 40 Years On IBC Panels Updated On Fri, Feb 4th, 2022 by Saurenergy Headquartered in Singapore, Maxeon Solar Technologies has announced the launch of “the solar industry’s longest and most comprehensive combined warranty” on its Maxeon Interdigitated Back Contact (IBC) product line, which is sold in most countries outside the US and Canada under the SunPower Maxeon brand. Effective for systems installed on or after January 1, 2022, […] Read more
Kimberly-Clark India adds 1.7 MW Solar plant Updated On Fri, Feb 4th, 2022 by Saurenergy Even as India has committed to a net zero target by 2070, expectations from corporates is naturally higher, as they are better resourced and agile. The $19.1 billion (FY 2020) Kimberly-Clark Corporation, through its Indian subsidiary, Kimberly-Clark India has a significant presence in the consumer market too, and now, seeks to lead the change when […] Read more
SBI Partners with Tata Power for Financing Solar Projects Updated On Tue, Feb 1st, 2022 by Saurenergy With an aim to strengthen the existing financing arrangement for solar power projects, India’s largest lender State Bank of India (SBI) has launched a dedicated centralized processing cell, ‘Surya Shakti Cell’, the company recently announced. SBI has entered into an agreement with Tata Power Solar Systems Ltd. for financing solar projects. Set-up in the Ballard Estate in Mumbai, the […] Read more
White House Mulls Extension of Trump-era Solar Tariffs, with Tweaks Updated On Mon, Jan 31st, 2022 by Saurenergy The White House is considering extending Trump-era tariffs on solar power imports, but with a handful of tweaks to make it easier for domestic installers to access supplies, according to two sources familiar with the administration’s thinking. The plan represents an attempt by U.S. President Joe Biden’s administration to find common ground between two important […] Read more
