Spain’s Solar Energy Structure to Divest 90 MW of Solar Projects Updated On Tue, Jun 6th, 2023 by Saurenergy Spain-based solar developer and installer Solar Energy Structure has entered into an agreement that paves the way for the divestment of up to 90 MW of PV projects. The name of the listed European independent power producer to whom the project has been divested has not been revealed yet. As per the contract, three solar […] Read more
IEA Says Solar PV Capacity Additions Will Slowdown In India In 2023 Updated On Mon, Jun 5th, 2023 by Saurenergy The new report by International Energy Agency (IEA) – Renewable Energy Market Update, June 2023 – has said that the utility-scale solar PV projects are expected to slow briefly in 2023 due to supply chain challenges, lower auction volumes and trade policies. The IEA report has shown concern as solar power is India’s largest renewable […] Read more
EDPR Secures 159 MW Contracts In Italian Wind & Solar Auctions Updated On Sun, Jun 4th, 2023 by Saurenergy EDP Renewables (EDPR) has said that it has been awarded with a 20-year feed-in-tariff (FiT) of EUR 65.17 for every MWh for 159 MW of renewable capacity. The ward was made to EDPR at the eleventh renewable auction in Italy promoted by the Gestore Servizi Energetici (GSE). The capacity awarded to EDPR represents a 43% […] Read more
Europe’s SOLEK Closes $379 Million Financing for Chile Solar Projects Updated On Thu, Jun 1st, 2023 by Saurenergy European renewable energy firm SOLEK has closed a $379 million financing for its portfolio in Chile, consisting of solar photovoltaic utility-scale and PMGD (Small Means of Distributed Generation projects in chile). The solar power projects will come up in the Central Region. SOLEK claims to be a fast-growing company in the renewable energy sector. It […] Read more
In 2022, India Among 3 Countries Accounting for Nearly 90% of Installed Capacity for Manufacturing Solar Modules: IEA Updated On Wed, May 31st, 2023 by Saurenergy A latest report by the International Energy Agency (IEA) claimed that China would continue to withhold its globally dominant position in solar module manufacturing capacities even in 2030. The report estimated the likely production capacities of solar modules in different countries by 2030 if the announced projects are implemented. The report titled ‘The State of Clean Technology […] Read more
Trina Solar Joins Chinese Peers With Major Expansion Plans Updated On Wed, May 31st, 2023 by Saurenergy Trina Solar joins fellow Chinese solar giants Longi and Jinko Solar to announce major new expansion plans. In a recent announcement, Trina Solar said it will invest around CNY8.7 billion (USD1.2 billion) in a new plant and related facilities in China’s Sichuan province. The Changzhou headquartered firm has been a major player in the solar […] Read more
MNRE Clarifies No Plan To Cut Import Duty On Solar Panels Updated On Wed, May 31st, 2023 by Saurenergy Following news reports that the government plans to cut import duty on solar panels, the Ministry of New and Renewable Energy (MNRE) has seen it fit to clarify that no such plans are in the offing. The news reports, carried by news agency Reuters as well as many Indian news outlets, had claimed that the […] Read more
5 Solar Energy Myths That Need To Be Buried For Good Updated On Mon, May 29th, 2023 by Saurenergy Despite the many benefits that solar energy offers, it continues to be shrouded in myth. However, in the recent past, particularly the last five years, solar has overcome challenges, and many myths, like few heralded energy sources before it. Saur Energy deflates the most common myths around solar. We hope these have not kept you […] Read more
European Energy to Build Italy’s Biggest Solar Farm with 250 MW Capacity Updated On Mon, May 29th, 2023 by Saurenergy A developer and operator of renewable energy, European Energy has announced that it has obtained the building permit to build a large solar power park in the municipality of Vizzini near Catania in Sicily that will have a capacity of 250 MW. European Energy said that once operational, the plant will generate renewable energy equivalent […] Read more
