Norway Firm REC Silicon Reports $35.6 M Revenue in Q2 FY21 Updated On Fri, Jul 23rd, 2021 by Saurenergy REC Silicon is exploring opportunities created by President Biden’s renewable energy agenda to utilize its proven FBR technology to provide low-cost, low-carbon polysilicon for the solar value chain, said Tore Torvund, CEO of the Norway-based silicon materials producer. The company recently reported second quarter 2021 revenues of USD 35.6 million versus USD 28.0 million in the […] Read more
Solis Delivers 110kW Inverters for Installing Rooftops to a UK Manufacturer Updated On Fri, Jul 23rd, 2021 by Saurenergy Solis delivered its 110kW inverter to install a rooftop solar power system for a plastics manufacturer, Faerch Plast. China’s global photovoltaic string inverter manufacturer, presented under the Solis brand, Ginlong Technologies Co., Ltd. has worked alongside UK renewable energy company Engenera to install a rooftop solar power system for a plastics manufacturer, Faerch Plast. At […] Read more
BSES Discoms 510 MW Hybrid Purchase Signals Demand Recovery For Renewables Updated On Fri, Jul 23rd, 2021 by Saurenergy The decision by the Delhi BSES discoms, BRPL and BYPL, to enter an agreement with SECI to purchase 510 MW of solar plus wind power signals a welcome return to demand recovery for renewable projects awaiting PPA’s. This is on the back of two key events, one that has happened, and another, that might be […] Read more
Global Electricity Demand Growing Faster than Renewables: IEA Report Updated On Fri, Jul 23rd, 2021 by Saurenergy Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, says a new report from the International Energy Agency. After falling […] Read more
Sungrow Supplies Inverters to 120 MW C&I Rooftop PV Plant in China Updated On Thu, Jul 22nd, 2021 by Saurenergy Sungrow supplied its inverter solutions to the largest commercial & industrial rooftop PV plant in Shandong. China’s global inverter solution supplier for renewables, Sungrow has announced that it has supplied inverter solutions to the largest commercial & industrial rooftop PV plant, endowing a capacity of 120 MW, in Jining, China’s Shandong province. Located in the […] Read more
PosHYdon, First Offshore Green H2 Project Gets DEI+ Subsidy from Dutch Govt Updated On Thu, Jul 22nd, 2021 by Saurenergy The government of the Netherlands has granted a EUR 3.6 million subsidy to back the PosHYdon pilot project. PosHYdon is an initiative of Nexstep, the Dutch association for decommissioning and reuse, and TNO, the Netherlands organization for applied scientific research, in close collaboration with the industry. It is claimed to be the world’s first-ever offshore […] Read more
Sunseap, BP Batam Partner to Build 2.2 GWp Floating PV in Indonesia Updated On Thu, Jul 22nd, 2021 by Saurenergy Singapore-based solar developer Sunseap Group has signed a Memorandum of Understanding (MoU) with Badan Pengusahaan Batam (BP Batam) for the building of a floating photovoltaic system (FPV) and energy storage system (ESS) on a reservoir in Indonesia’s Batam Island for an estimated cost of US$2 billion. Under the MoU, Sunseap will develop a FPV and […] Read more
Indian Oil Corporation to Build Country’s First Green hydrogen Plant Updated On Thu, Jul 22nd, 2021 by Saurenergy India’s largest oil firm, Indian Oil Corporation Limited (IOC) has announced plansto build the first-ever commercial green hydrogen plant at its Mathura refinery in Uttar Pradesh. IOC has taken this step intending to maintain focus on its core refining and fuel marketing businesses while making bigger inroads into petrochemicals, hydrogen and electric mobility over the […] Read more
Devise Alternate Ways to Repurpose Fossil Fuels, Argues IDTechEx Updated On Thu, Jul 22nd, 2021 by Saurenergy UK-headquartered IDTechEx, an independent market research and business intelligence provider, has advocated for devising novel ways to repurpose fossil fuel assets, as against simply resorting to obvious solutions like converting gasoline stations into EV charging stations. The latter trend has of late become popular among oil majors, which are looking to capitalise on the rapid […] Read more
