Waaree Energies Receives NCLT’s Nod For Acquisition of Indosolar Ltd. Updated On Fri, May 27th, 2022 by Saurenergy Waaree Energies Limited, a leading solar PV module manufacturer in India, has received formal approval from the National Company Law Tribunal, Delhi Bench (NCLT) on 21st April 2022 for the resolution plan submitted by it towards the acquisition of Indosolar Limited, a manufacturer of solar cells, under the corporate insolvency resolution process (CIRP) initiated by the lenders […] Read more
IKEA Geared Up To Enter Into US Residences With Solar Updated On Fri, May 27th, 2022 by Saurenergy IKEA will deploy residential solar systems in the United States this fall competing with Tesla in the future. IKEA will partner with US residential energy service provider SunPower Corporation to launch the Home Solar programme, which will first be introduced in the centre of US residential solar energy, California, which accounts for 40% of the […] Read more
EU’s New Energy Plans Include Mandatory Solar Panels On New Buildings Updated On Fri, May 27th, 2022 by Saurenergy The European Union has recently decided to rapidly end its reliance on Russian oil and gas by making it mandatory for all new buildings to have solar panels. A news report published last week quoted the European Commission as saying, “There is a double urgency to transform Europe’s energy system: ending the EU’s dependence on […] Read more
SolarEdge Opens 2GWh New Battery Cell Facility in South Korea Updated On Fri, May 27th, 2022 by Saurenergy SolarEdge Technologies, Inc. (“SolarEdge”), the Israel-based inverter major and SolarEdge’s subsidiary, Kokam Limited Company, a provider of lithium-ion batteries and integrated energy storage solutions, have announced the opening of “Sella 2”, a two gigawatt-hour (GWh) battery cell manufacturing facility. Located in the Eumseong Innovation City of Chungbuk, South Korea, Sella 2 is currently producing test […] Read more
Tata Power commissions 100 MW solar project in Maharashtra Updated On Thu, May 26th, 2022 by Saurenergy Tata Power Renewable Energy Ltd has announced that it commissioned the 100 MW solar power project for Maharashtra State Electricity Distribution Company Limited (MSEDCL) in Maharashtra. Tata Power claims that the installation comprises over 4,11,900 numbers of monocrystalline PV modules and is expected to reduce around 234 million tons of CO2 annually. The official statement […] Read more
Dearer Module, Steel And Freight Will Hit 5 GW Solar Capacity: CRISIL Updated On Thu, May 26th, 2022 by Saurenergy Rise in prices of solar modules, freight and steel will have an adverse impact on 5 GW solar capacity. The solar modules by and large contribute in the range of 55-60 per cent to the cost of a solar project and its price has increased by 40 per cent from January last year to March […] Read more
Sungrow Supplies India’s Largest BESS To Tata Power Solar Systems Limited At Leh Updated On Thu, May 26th, 2022 by Saurenergy Sungrow, the global leading inverter solution supplier for renewables, has recently completed with Tata Power Solar Systems Limited, India’s largest specialized EPC player, India’s Largest BESS (Battery Energy Storage System) plant in Phyang, Leh, UT of Ladakh. The BESS capacity is up to 60.56 MWh. This plant is located at a high altitude of 3400 […] Read more
