25 Years Life? PVEL Rings Alarm On High Failure Rate Among Modules Updated On Tue, Jun 1st, 2021 by Saurenergy Solar’s huge rise has been matched with an even bigger expansion in capacity, primarily in China, and now, the rest of the world too. With manufacturing capacities rising from 25 GW in 2015 to over 400 GW today. These have driven costs lower, even as incremental innovations across the value chain have also helped. For […] Read more
Visaka’s ATUM Enters Into EV Charging Segment Updated On Mon, May 31st, 2021 by Saurenergy Hyderabad-based Visaka Industries Limited which has multiple product portfolios, ranging from corrugated cement sheets and fiber cement boards to hybrid solar roofs and human-made fiber yarn has announced its entry into three new business segments. One of them includes the electric vehicle (EV) segment too. Visaka led the manufacturer of an integrated solar roofing system […] Read more
Pakistan’s ending Coal Imports to hit South African coal’s prospects: IEEFA Updated On Mon, May 31st, 2021 by Saurenergy The growing and irreversible risks being faced by South African coal exporters As Thungela Resources’ CEO attempts to talk up the future of the Anglo American coal spin-off, South Africa’s second largest coal export destination Pakistan is planning to bring coal imports to an end. Thungela CEO July Ndlovu recently stated that a “just transition” […] Read more
GE Renewable Energy Bags Big Onshore Wind Contract in Southeast Asia Updated On Fri, May 28th, 2021 by Saurenergy California-based GE Renewable Energy announced yesterday that it has secured a contract with BIM Wind JSC to supply, install and commission GE Cypress onshore wind turbines for BIM Wind’s 88 MW wind farm located in Ninh Thuận Province, South Central Vietnam. Combining onshore and offshore wind, blades, hydro, storage, utility-scale solar, and grid solutions as […] Read more
Green Firm Vena Energy Bags $500 mn Credit Facility from 8 lenders Updated On Fri, May 28th, 2021 by Saurenergy Vena Energy announced yesterday that it has signed its first sustainability-linked revolving credit facility of JPY52.8 billion (approximately US$500 million) from eight lenders including BNP Paribas, Crédit Agricole CIB, DBS Bank Ltd, ING Bank, MUFG, Intesa, SMBC and Mizuho. The company is an independent power producer and an integrated pure-renewable energy company in the Asia-Pacific region. […] Read more
EDP Group to Invest Over €1 Billion in Green Energy in Galacia, Spain Updated On Thu, May 27th, 2021 by Saurenergy Lisbon-headquartered electric utilities company EDP- Energias de Portugal recently announced its plans to invest more than 1 billion euros in Galicia, Spain, over the next 10 years, to develop renewables and support the region’s on-going transition to a new energy and economic model, within the framework of the European Next Generation funds. The Portugal company […] Read more
7th PVEL Scorecard Ranks 26 Module Manufacturers as Top Performers Updated On Thu, May 27th, 2021 by Saurenergy California-headquartered PV Evolution Labs (PVEL), an independent test lab for the downstream solar and energy storage industry, recently published its 2021 PV Module Reliability Scorecard, which names 117 model types of PV modules from 26 manufacturers as Top Performers in PVEL’s testing. The 7th edition of the Scorecard applauds the widespread adoption of technical advances […] Read more
APTEL Asks KERC to Decide Compensation owed to Fortum by DISCOMs Updated On Wed, May 26th, 2021 by Saurenergy The Appellate Tribunal for Electricity (APTEL) recently gave a judgement in favour of Fortum Solar India Private Limited after the solar power developer petitioned it, seeking compensation from various DISCOMs. The full judgement can be read here. The tribunal not only directed the Karnataka Electricity Regulatory Commission (KERC) to determine the incremental tariff payable to Fortum, […] Read more
US Plans First-ever Offshore Floating Wind Farms Off California Coasts Updated On Wed, May 26th, 2021 by Saurenergy The US government along with the state government of California revealed their plans of installing first-ever floating offshore find warms over the coastal regions of California at Morro Bay and Humboldt Bay. The agreement includes numerous wind turbines at Morro and Humbolt Bay expected to generate energy enough to power around 1.6 million homes in […] Read more
