Enpal Raises €345 M for New Solar Projects in Germany Updated On Mon, Sep 27th, 2021 by Saurenergy To accelerate the development of solar energy in Germany, solar solutions provider Enpal has secured debt commitments of €275 million from internationally leading investors BlackRock, Pricoa Private Capital (the private capital business of PGIM), and UniCredit in its recent round of fundraising. In addition, further institutional commitments of €70 million were signed in the form […] Read more
Solar Manufacturer Premier Energies Raises INR 200 crore Private Equity Updated On Fri, Sep 24th, 2021 by Saurenergy Premier Energies, a leading Solar PV Cells & Module manufacturing company, today announced a Private Equity investment of Rs 200 crores in the company by GEF Capital Partners, a global private equity manager focused on investing in climate solutions. Premier Energies will use the funds as growth capital to enhance its solar PV cell and […] Read more
Tata Power Gets LOI for 250 MW Solar Power From MSEDCL Updated On Mon, Sep 20th, 2021 by Saurenergy TP Saurya Limited (TPSL), a wholly owned subsidiary of Tata Power, received the ‘Letter of Intent’ (LoI) from Maharashtra State Power Generation Co. Ltd. (MAHAGENCO) for setting up of 250 MW Grid-Connected Solar Photovoltaic Power plant in Maharashtra. The project has been awarded to TPSL through Tariff-based competitive bidding followed by e-Reverse auction. The Company […] Read more
TSE Unveils ‘2nd Largest Solar Plant in France’ with 152 MW Capacity Updated On Mon, Sep 20th, 2021 by Saurenergy TSE, an independent French player specializing in solar energy, has inaugurated its new 152 MW photovoltaic plant, located in Marville, France, in the Meuse, and developed in partnership with Enerparc AG. This official inauguration marks the culmination of a large-scale project carried out on 155 hectares of land. While construction began in June 2020, the […] Read more
Glennmont Unveils IPP to Develop 1GW Solar Power in Southern Europe Updated On Fri, Sep 17th, 2021 by Saurenergy Leading clean energy fund manager Glennmont Partners from Nuveen has launched BNZ, a new independent power producer company (IPP), to develop, build and operate solar photovoltaic (PV) projects in Southern Europe. BNZ plans to reach an installed capacity of 1GW across Italy, Portugal and Spain by 2024, of which an initial 350MW are in advanced […] Read more
LONGi, JinkoSolar, JA Solar Advocate M10 Module Standardisation Updated On Tue, Sep 14th, 2021 by Saurenergy Chinese solar PV manufacturers JA Solar, JinkoSolar, and LONGi have released a joint statement to announce they have reached a consensus on the standardisation of PV modules produced that are based on M10 wafers. The standardization scheme of modules 182mm (M10) wafers, as agreed by the three parties is as follows: The size of 54-cell modules: […] Read more
Indonesia Ramping Up Solar Capacity to Meet 18 GW Target For 2025: Report Updated On Tue, Sep 14th, 2021 by Saurenergy Indonesia is considering how to reduce its growing greenhouse gas emissions. A moratorium on new coal power plants bodes well for growth of solar power in Indonesia. Yet harnessing solar power requires government action such as improving transparency around power purchase agreements and revising long- term power plans. A new report, jointly produced by BloombergNEF, […] Read more
Solar Supply Chain Glitches To Drag On Climate Change Targets Updated On Tue, Sep 14th, 2021 by Saurenergy In order to meet the 1.5°C 2050 scenario under the Paris Agreement, global solar manufacturing capacity has to quadruple to 1,200-1,400 GW by 2035 to handle the peak installations needed, shows analysis by Rystad Energy. Grid parity, resilient networks and strategic partnerships have spurred growth in such capacity in recent years, to 330 gigawatts in […] Read more
Egypt Set To Catch Up On Solar Growth In Coming Years Updated On Wed, Sep 8th, 2021 by Saurenergy GlobalData’s has released a new report, ‘Egypt Power Market Outlook to 2030, Update 2021 – Market Trends, Regulations, and Competitive Landscape’ to evaluate and project the Egyptian power market to 2030. Egypt, despite having very favourable conditions for renewable energy, especially solar power, has lagged until recently, like much of the countries in the African […] Read more