Utility Scale Solar Takes Biggest Hit in 2022 In US as 20.2 GW Fresh Capacity Added Updated On Fri, Mar 10th, 2023 by Saurenergy A report from the developer led industry body Solar Energy Industries Association and WoodMac says that the United States added 20.2 gigawatts (GW) of new solar capacity in 2022, a 16% decrease from 2021. This was due in large part to an investigation into new anti-circumvention tariffs by the U.S. Department of Commerce, as well […] Read more
FuturaSun Plans New 2 GW Solar Module Facility in Italy Updated On Fri, Mar 10th, 2023 by Saurenergy European solar module maker headquartered in Italy, FuturaSun has announced that it has acquired a 24,000 sq meters plot of land in the industrial area of Cittadella (Padua) to establish a new Italian solar module Gigafactory. FuturaSun said that the new factory will reach a 2 GW annual production capacity of high-efficiency photovoltaic modules that […] Read more
Origis Energy Announces $750 Million for Solar, Storage Pipeline in USA Updated On Fri, Mar 10th, 2023 by Saurenergy In a key development that would further USA’s renewable energy ambitions, renewable energy platforms Origis Energy has announced the close of an upsizing amendment to their development finance facility doubling capacity to $750 million. Miami-headquartered Origis Energy said that with enhanced flexibility and increased capacity, the credit facility will support further expansion of its solar […] Read more
Silfab Solar Raises $125 Million to Build Third US Cell Factory Updated On Thu, Mar 9th, 2023 by Saurenergy North American PV module manufacturer Silfab Solar has announced a second investment round led by ARC Financial Corporation to help fund the next expansion of Silfab Solar, whose third facility is to open in the United States of America. This will include domestic PV cell and module production. The $125 million investment from energy-focused private […] Read more
India’s Solar Self Sufficiency Dreams Move Ahead With Solar PLI II Bids Updated On Mon, Mar 6th, 2023 by Saurenergy Confirmations on the bidders for the phase 2 solar PLI (Performance Linked Incentives) scheme of the government are in, with Reliance Industries Limited (RIL), leading a host of companies that have bid for a slice of the incentives. In the guidelines for the second phase of the solar PLI scheme where Rs 19,000 crore has […] Read more
Redington Forges Partnership with Credence Solar for Solar Solutions Adoption Updated On Thu, Mar 2nd, 2023 by Saurenergy Redington Limited (NSE: REDINGTON), a technology solutions provider, has announced its partnership with Credence Solar, a Gujarat-based module manufacturing firm with a capacity of 500 MW PA. The partnership will pave the way for the distribution of solar panels pan India. As a part of the partnership, Redington will enable the seamless distribution of Credence […] Read more
Triveni Glass to Institute Solar Glass Manufacturing Plant in Andhra Pradesh Updated On Wed, Mar 1st, 2023 by Saurenergy Triveni Glass Limited, an Indian glass manufacturer company has plans to open up a solar glass manufacturing plant with a production capacity of 840 metric ton (MT)/day in Andhra Pradesh for an estimated investment of INR 1000 cr. Headquartered in Allahabad, UP, Triveni Glass Ltd. manufacturer of toughened glass and laminated safety glass. The said […] Read more
Lightsource bp to Purchase 4 GW of First Solar Modules Updated On Wed, Mar 1st, 2023 by Saurenergy Global solar developer Lightsource bp has placed an order for 4 GW of advanced thin film solar modules with module maker First Solar. The modules, scheduled to be delivered between 2026 and 2028, are expected to power Lightsource bp projects in the United States. This latest deal follows a prior order by Lightsource bp for […] Read more
NTPC REL Issues Tender for 310 MW Floating & Ground Mounted Solar Project Updated On Fri, Feb 24th, 2023 by Saurenergy NTPC Renewable Energy Limited (NTPC REL), in Joint Venture with Damodar Valley Corporation (DVC), invites online bids for Green Valley Renewable Energy Limited (GVREL), a subsidiary of NTPC REL from eligible bidders on single stage two envelope (i.e., envelope-I: techno-commercial bid and envelope-II: price bid) basis for 310 MW floating and ground mounted solar PV […] Read more