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Hyundai Mobis Constructs New Battery Plant in Indonesia

South Korean automotive supplier Hyundai Mobis has started the construction of a new EV dedicated battery system plant in Indonesia that will be completed by the first half of 2024. It said that it intends to set Indonesia as a beachhead as the country is emerging as the heart of the ASEAN market, and catapult […]

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Trina Solar Joins Chinese Peers With Major Expansion Plans

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 […]

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Natixis CIB Closes $364m Financing For Chilean Solar Projects

Natixis Corporate & Investment Banking (Natixis CIB) has closed a $364 million financing for a portfolio of a solar PV utility-scale and PMGD plants in Chile. These solar projects are owned and operated by Solek Holding and the portfolio has a combined capacity of about 284-MWdc. Natixis CIB acted as sole debt structuring advisor for […]

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TrinaTracker Bags 510 MW Solar Tracker Order for Uzbekistan Solar Projects

Smart solar tracker solution provider, TrinaTracker has announced that it has signed an agreement with Dongfang Electric International Corporation (DEC International) to provide 510 MW solar trackers for solar power projects in Uzbekistan. TrinaTracker is owned by Trina Solar. The contract signing ceremony was held during the SNEC PV Power Expo in Shanghai. According to […]

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Kerala To Transform Thiruvananthapuram Into Largest Solar City

As solar power generation is gaining pace in the country in a quest to achieve the 2030 renewable energy targets, the Kerala state government has launched a project that is expected to transform the state capital Thiruvananthapuram into a complete and largest solar city in India. The plan is to install rooftop solar in every […]

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5 Solar Energy Myths That Need To Be Buried For Good

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 […]

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European Energy to Build Italy’s Biggest Solar Farm with 250 MW Capacity

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 […]

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