Govt in Favour of Domestic Solar Manufacturing, Market not so Much Updated On Fri, Feb 7th, 2020 by Saurenergy The government is heavily indulged in promotion of domestic solar manufacturing, however, when it comes to utilisation on projects, imports are still favoured According to information relayed in a recent parliamentary discussion, the central government is heavily indulged in promotion of domestic solar manufacturing as portrayed by all the policy changes and financial incentives being […] Read more
Canadian Solar Acquires 47.5 MW Solar Portfolio in Chile Updated On Fri, Feb 7th, 2020 by Saurenergy Canadian Solar has announced that it has completed the acquisition of a 47.5 MW portfolio of solar projects under development in Chile. Canadian Solar, one of the world’s largest solar power companies, has announced the acquisition of a 47.5 MW portfolio of solar projects under development in Chile. These projects will become operational in two different […] Read more
Total to Buy 50% Stake in Adani’s Solar Portfolio for About USD 510 Mn Updated On Thu, Feb 6th, 2020 by Saurenergy In a bid to extend its long term partnership to renewables portfolio, Adani Group on Thursday entered into binding agreement to sell its half of the stake in solar energy assets for about USD 510 million to Total Gas & Power Business Services SAS (Total). As per the deal, Total will acquire 50 percent stake […] Read more
SolarEdge to Supply Enfindus With Inverters for 1 GW of Solar Projects Updated On Thu, Feb 6th, 2020 by Saurenergy SolarEdge has entered into a contract to supply smart energy products including inverters and power optimisers for 1 GW of solar projects with Enfindus. SolarEdge Technologies, a global leader in smart energy, has announced that it has entered into a contract to supply smart energy products and solutions, including inverters and power optimisers for 1 […] Read more
TGC Gets Financing for 70 MW New York Community Solar Portfolio Updated On Thu, Feb 6th, 2020 by Saurenergy TGC has closed on $42.8 million in debt financing and $41.1 million in tax equity financing for a 70 MW community solar portfolio located in New York State. True Green Capital Management (TGC), a specialized energy infrastructure asset management firm, today announced that its has closed on USD 42.8 million in debt financing and USD […] Read more
Maldives Invites Applications for 21 MW World Bank Backed Solar Projects Updated On Thu, Feb 6th, 2020 by Saurenergy Maldives has announced its largest renewables project so far, inviting bidders to submit applications to install 21 MW solar systems on its 6 major islands. The Island nation of Maldives has announced its largest renewable energy project so far, calling interested parties to submit applications for the pre-qualification to install 21 MW grid-tied solar PV […] Read more
Canadian Solar, Lightsource BP Sign 1.2 GW Module Supply Agreement Updated On Thu, Feb 6th, 2020 by Saurenergy Canadian Solar has signed a multi-year module supply agreement with Lightsource BP to deliver 1.2 GW of high efficiency polycrystalline solar modules Canadian Solar, one of the world’s largest solar power companies, has announced that it has signed a multi-year module supply agreement with Lightsource BP to deliver 1.2 GW of high efficiency polycrystalline solar […] Read more
Indian Railways Ready to Launch Hydrogen-Powered Trains: Piyush Goyal Updated On Thu, Feb 6th, 2020 by Saurenergy Indian Railways is working on the development of a Hydrogen-powered suburban train and has floated an EoI for industry participation, Piyush Goyal has said. Indian Railways is working on the development of a Hydrogen-powered suburban train and has floated an Expression of Interest for industry participation, Union Minister for Railways and Commerce Piyush Goyal has […] Read more
Vestas Sees Revenue of €12.1 Bn in 2019, Projects Over €14 Bn for 2020 Updated On Wed, Feb 5th, 2020 by Saurenergy Vestas has issued its financial results for the year 2019 reporting that for the full year revenue amounted to EUR 12.1 billion Vestas has issued its financial results for the year 2019. For the full year 2019, revenue amounted to EUR 12.1 billion, with the EBIT margin before special items were 8.3 percent, and total […] Read more