Ecolog Signs MoU to Commercialize its Low Cost, Lightweight, Portable Solar Solution Updated On Thu, Apr 9th, 2020 by Saurenergy Ecolog International, a leading provider of integrated solutions, has entered into a strategic Memorandum of Understanding (MoU) with Australia’s Centre for Organic Electronics at the University of Newcastle to commercialize its revolutionary low-cost, lightweight and highly portable solar energy solution. The company claimed that it’s Ecolog Energy Solution™ will disrupt the decentralized energy marketplace by […] Read more
Sungrow Inks Pact with XBSolar to Boost Inverter Supply in Vietnam Updated On Thu, Apr 9th, 2020 by Saurenergy Sungrow, which is among the world’s most bankable inverter brands with more than 100 GW installations, has entered into an inverter supply pact with XBSolar, a Vietnamese clean energy company. As per the deal, the China-based company will supply 40 MW of its commercial and industrial (C&I) and residential inverter solutions to Vietnam within a year. Further, […] Read more
New Era of Generic Renewable Energy Tariffs in Maharashtra Starts Updated On Thu, Apr 9th, 2020 by Saurenergy Generic Renewable Energy Tariffs, which, until now declared by the respective state regulatory commissions have just entered into a new era of market determined mechanism, starting with Maharashtra. In its Generic Renewable Energy Tariff order for FY 2020-21 under MERC (Renewable Energy Tariff) Regulations, 2019 act, MERC (Maharashtra Electricity Regulatory Commission) has declared that projects […] Read more
REC Board Approves Incorporation of 7 SPVs for Evacuating Renewable Energy Updated On Thu, Apr 9th, 2020 by Saurenergy The board members of India’s power sector lender REC Ltd have provided their consent for a proposal to incorporate 7 project-specific special purpose vehicles (SPVs). These SPVs will facilitate the evacuation of renewable energy from Maharashtra, Madhya Pradesh, Karnataka and Rajasthan. REC said that “The board of directors of REC Ltd in its meeting held on March 25, 2020, inter-alia […] Read more
MNRE Extends ALMM Deadline to 6 Months amid Disruptions from COVID-19 Updated On Wed, Apr 8th, 2020 by Saurenergy In a series of providing relief to the renewable energy firms which are facing a new range of challenges presented by coronavirus pandemic, the Ministry of New and Renewable Energy (MNRE) has extended the deadlines for the approved list of models and manufacturers (ALMM) i.e. both List-I for solar photovoltaic (PV) modules and List-II for […] Read more
Pandemic to Hit Global EV Growth by 43% in 2020 Updated On Wed, Apr 8th, 2020 by Saurenergy Research firm Wood Mackenzie has released a report where it predicts a 43 percent contraction in the global EV industry by the end of 2020. For a sector that was just building up some serious momentum, the crisis couldn’t have come at a worse time. The big hope now is that government stimulus plans will […] Read more
India’s Solar Energy Plans Bogged Down With Supply Chain Issues Updated On Wed, Apr 8th, 2020 by Saurenergy Amid lockdown across the country, which is likely to be extended due to ongoing coronavirus pandemic, the damage to India’s solar ambitions is given, the only question is how much. In India, around 2.3 GW of solar plants were expected to be commissioned from June to August 2020. However, the delivery of these projects has […] Read more
AIP Invests in Longroad Energy’s 215 MW Solar Assets Updated On Wed, Apr 8th, 2020 by Saurenergy After investment partnership with AIP, US-based renewable energy developer Longroad Energy has closed the financing for its Little Bear Solar project. Moreover, it has now started the construction of the Little Bear Solar project, which comprised of four separate projects aggregating 215 MW in Fresno County in California. Besides, two Danish pension funds i.e. PKA and PenSam, […] Read more
ReneSola Sells 15 MW Solar Portfolio in Hungary to Obton Updated On Wed, Apr 8th, 2020 by Saurenergy New York-listed global solar project developer ReneSola Power has entered into a sale agreement with Denmark headquartered Obton for its cumulative 15 MW of solar energy portfolio in Hungary. Obton is an investment and management company specialized in renewable energy projects. This is the second time that Obton has acquired solar assets from ReneSola. The […] Read more
