Ingka Group (IKEA) Acquires 9 Solar Power Projects in Europe for €340 Million Updated On Thu, Apr 7th, 2022 by Saurenergy Sweden-based Ingka Group, which owns the majority of IKEA stores globally, has announced that it has acquired nine solar power park projects in Germany and Spain for €340 million. The combined capacity of the solar projects comes to 440 MW. The Ingka Group solar has acquired the portfolio from solar power developer ENERPARC. Four solar power projects […] Read more
Portugal’s floating solar energy auction sets world record negative price Updated On Wed, Apr 6th, 2022 by Saurenergy Portugal’s first auction of rights to build and operate floating solar plants on the surfaces of its reservoirs set a world record low price of minus 4.13 euros per megawatt hour for future output, the environment ministry said on Tuesday. The government assigned rights to install floating panels with capacity to convert sunlight into 183 […] Read more
Surat’s First Textile Market Solar Powered Now, By Goldi Solar Updated On Wed, Apr 6th, 2022 by Saurenergy Surat-based Goldi Solar, a key solar panel manufacturer and EPC services provider has solarized Surat’s First Textile Market for Avadh Group. Avadh is a real estate company focused on residential as well as commercial development. The market is located in the heart of Umarwada, Surat district. The project will be completed in three phases, of […] Read more
‘Now or never’ to avoid climate catastrophe, warns UN Panel Updated On Tue, Apr 5th, 2022 by Saurenergy UN climate experts said Monday that humanity has less than three years to halt the rise of planet-warming carbon emissions and less than a decade to slash them by nearly half. They warned that the world faced a last-gasp race to ensure a “liveable future”. That daunting task is still — only just — possible, […] Read more
Thailand Counts on Crypto To Power One Million Farmlands With Solar Updated On Mon, Apr 4th, 2022 by Saurenergy The Ministry of Agriculture and Cooperative of Thailand has announced plans to install solar power panels on at least one million of farms as a pilot project. With this move, the Ministry is targeting to reduce electricity bills of farmers by 20-30 per cent in next 15-20 years. Deputy Agriculture Minister Praphat Phothasuthon says that […] Read more
Himachal Government Hikes State Subsidy to Rs 6,000/kW for Rooftop Solar Updated On Mon, Apr 4th, 2022 by Saurenergy The state government of Himachal Pradesh has proposed to increase the subsidy for grid connected rooftop solar power installations in the state. The move is aimed to encourage the domestic players and households to adopt and install solar power systems. HIMURJA said that the subsidy will be increased from Rs 4,000 for every kilowatt to […] Read more
As Europe Changes Solar Manufacturing, Overcapacity Risks Loom Updated On Fri, Apr 1st, 2022 by Saurenergy The European Solar Manufacturing Council (ESMC) has welcomed the forthcoming EU strategy for solar energy as the framework for building long-term competitiveness and critical mass of PV manufacturing capacities in Europe. This is crucial for reducing strategic dependencies, ensuring energy security and boosting the economic growth of the EU, states the council. As the European-wide […] Read more
Low demand for grid-connected rooftop solar systems in Kerala Updated On Fri, Apr 1st, 2022 by Saurenergy Kerala, the most literate state in the country with a high proportion of urban, independent housing, is failing the rooftop solar test. Grid-connected rooftop solar power systems, one of the key projects identified to meet the state’s solar target, is failing to attract many users. This, even as the state discovered fairly competitive prices for […] Read more
Altus Power Signs $600 M Deal with Trammell Crow for Rooftop Solar Updated On Wed, Mar 30th, 2022 by Saurenergy Solar power developer Altus Power has signed a deal with commercial real-estate player Trammell Crow Co., under which Altus will install solar panels on 35 million square feet of industrial property in the United States. This is the biggest partnership forged by Altus since its inception in 2009, says the company. Lars Norell, Co-Chief Executive […] Read more
