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
Solar Gets Its Big Hitter In India As Reliance Announces Rs 75,000 Cr Investment Plan Updated On Thu, Jun 24th, 2021 by Saurenergy After hinting at big plans in the renewable energy sector last year, India’s largest private sector enterprise, Reliance Industries limited, has finally announced its plans. The company’s Chairman, Mukesh Ambani, picked the firm’s 44th Annual General Meeting (AGM) for its shareholders, as usual, to make the big announcements. The key announcements, and their implications for […] 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
Lightsource bp Invests in 703 MW Spanish Solar Projects Updated On Thu, Jun 24th, 2021 by Saurenergy Europe’s largest solar developer Lightsource bp has invested 475 million euros (USD 566 million) to acquire a pipeline of three solar projects in Spain from Spanish company Grupo Jorge. The three projects totaling 703 MW are located in Aragon. Aragon is a landlocked region in northeastern Spain comprising the provinces of Huesca, Zaragoza, and Teruel. […] Read more
India’s Solar Power Tariffs Rising After Hitting Record Lows in 2020: IEEFA Updated On Thu, Jun 24th, 2021 by Saurenergy Solar tariffs are deflationary. Prices have fallen by 75% in seven years in India, and in 2020 solar tariffs hit record lows, writes Vibhuti Garg, Energy Economist and Lead India at Institute for Energy Economics and Financial Analysis (IEEFA). From 2019 to the first quarter of 2020, most of India’s newly-auctioned solar projects saw tariffs […] Read more
U.S. Renewable Firm BrightNight Enters Indian Energy Sector Updated On Thu, Jun 24th, 2021 by Saurenergy US-based renewable company BrightNight announced yesterday its entrance into India’s energy market with two key hires located in New Delhi — Sajay KV has joined as India CEO and Naveen Khandelwal has joined as India COO and CFO. Combined, BrightNight’s new India management team members have contributed to the delivery of 10 GW of 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
Solar Thermal FO Produces Potable Water Using Sea Water in Tamil Nadu Updated On Wed, Jun 23rd, 2021 by Saurenergy Narippaiyur, a drought-prone village in Ramanathapuram District in the southeast corner of Tamil Nadu, will benefit from 20,000 litres per day of fresh water produced from sea water – thanks to the solar thermal Forward Osmosis (FO) sea water desalination system recently installed in the place. The customized demand driven convergent water solution through FO […] Read more