Canadian Solar Breaks Ground on 300 MW Solar Plus 561 MWh Storage Project in California Updated On Fri, Jan 15th, 2021 by Saurenergy Canadian Solar has announced that its wholly-owned subsidiary, Recurrent Energy, completed the sale of the Slate project to Goldman Sachs Renewable Power (GSRP). The project is a 300 MWac solar plus 140.25 MW / 561 MWh storage project located in Kings County, California, and has commenced construction. Canadian Solar’s majority-owned energy storage subsidiary, System Solutions and […] Read more
Mitsubishi Power Bagged Storage Orders Worth 151,000 MWh in Americas in 2020 Updated On Fri, Jan 15th, 2021 by Saurenergy Mitsubishi Power has claimed the number one market share position in the Americas in 2020 with 151,000 MWh in energy storage orders Mitsubishi Power has claimed the number one market share position in the Americas in 2020 with orders for 151,000 megawatt-hours (MWh) of energy storage capacity of all durations. The all-duration category covers utility-scale […] Read more
New Policies Aid 25-fold Jump in Rooftop Solar Installations in Vietnam: IEEFA Updated On Thu, Jan 14th, 2021 by Saurenergy A new IEEFA note details that there are now over 101,000 rooftop solar systems deployed over residential, C&I premises across Vietnam A new research note from IEEFA details that as of December 31, 2020, the closing date for eligibility to the second solar feed-in-tariff program, a total of 9.3 gigawatts peak (GWp) (or 7.4 GW) […] Read more
Sterlite Power Completes Merger of Subsidiary; Announces Annual Results Updated On Wed, Jan 13th, 2021 by Saurenergy Sterlite Power has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures with the parent entity. Sterlite Power, a leading global power transmission player, has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures Ltd. with the parent entity. With this merger, the company further […] Read more
Delhi Metro Tenders for 2 MW Rooftop Solar Project Under RESCO Model Updated On Wed, Jan 13th, 2021 by Saurenergy The Delhi Metro tenders for commissioning of 2 MW rooftop solar project under RESCO model at the staff quarters of DMRC in Delhi. The Delhi Metro Rail Corporation (DMRC) has issued a tender, inviting bids from eligible bidders, for the commissioning of a 2 MW rooftop solar PV power project under RESCO model at the […] Read more
Technical Complexities Will see Hybrid Tariffs Garner a Premium Over Solar: Ind-Ra Updated On Tue, Jan 12th, 2021 by Saurenergy Ind-Ra believes technical complexities in hybrid renewable project development could weigh on the project economics and tariffs assumption. A new research note by India Ratings and Research (Ind-Ra) believes that upcoming wind-solar hybrid auctions will spark cautious optimism among independent power producers. Technical complexities related to grid integration and inclusion of floor capacity proportion of […] Read more
Blown: How India Lost The Solar Rooftop Battle Updated On Mon, Jan 11th, 2021 by Saurenergy Back in 2015, when India declared its renewable energy target of 175GW for 2022, with 100 GW as the share of solar power, the euphoria over the sheer ambition papered over a lot of questions. For not only was this target truly ambitious, but to many, it finally declared the government’s resolve to break away […] Read more
Sembcorp India Confirms 400 MW Solar Capacity Win in Rajasthan Updated On Fri, Jan 8th, 2021 by Saurenergy Sembcorp Energy India has confirmed that it has won a 400 MW solar power project in Rajasthan in a closely contested auction conducted by SECI. Sembcorp Energy India Limited (SEIL), a wholly-owned subsidiary of Sembcorp Industries, has won a bid for a new 400 MW solar power project. Through its renewables subsidiary, Sembcorp Green Infra, […] Read more
South Korea’s SK Group Invest $1.5 Billion in Hydrogen Player Plug Power Updated On Fri, Jan 8th, 2021 by Saurenergy Plug Power and SK Group intend to form a strategic partnership to accelerate hydrogen as an alternative energy source in Asian markets. Plug Power, a leading provider of hydrogen fuel cell and fueling solutions enabling e-mobility, and SK Group, one of the leading South Korean business groups, has announced that the companies intend to form […] Read more