Canadian Solar Reports Net Income of $240 Million, Module Sale of 21.1 GW in 2022 Updated On Wed, Mar 22nd, 2023 by Saurenergy Global solar manufacturer Canadian Solar Inc. has announced its financial results for the fourth quarter and full year ended December 31, 2022. With regards to the fourth quarter of 2022, Canadian Solar said that it witnessed a 68% increase in solar module shipments year-over-year to 6.4 GW which was above guidance range of 6 GW […] Read more
TPREL Gets LOA for 200 MW Solar Project from MSEDCL Updated On Wed, Mar 22nd, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited and one of the significant renewable energy players in the country, has received a ‘Letter of Award’ (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL), a wholly owned corporate entity under the Maharashtra Government, to set up a 200 MW […] Read more
Trina Solar and Al-Raebi Ink 500 MW Agreement for Yemen Market Updated On Tue, Mar 21st, 2023 by Saurenergy Chinese photovoltaics firm Trina Solar has signed a five-year agreement with Al-Raebi for Trading (Al-Raebi). The partnership will facilitate 500 MW of module shipments for the Yemeni market. Trina Solar will supply Al-Raebi with 100 MW of its n-type i-TOPCon cell technology modules this year. The five-year agreement will cater to the country’s increasing energy […] Read more
Amplus Solar Signs MoU with Andhra Pradesh for Distributed Green Hydrogen Production Updated On Tue, Mar 21st, 2023 by Saurenergy Distributed clean energy solutions provider Amplus Solar has entered into a Memorandum of Understanding (MoU) with the Andhra Pradesh government. This agreement will pave the way for the establishment of multiple decentralized Green Hydrogen production plants in the state. The firm has set sights on setting up 7.5 KPTA-distributed green hydrogen plants for industrial consumption […] Read more
Sunsure Energy in PPA with SLMG Beverages for 15 MW Solar Capacity Updated On Tue, Mar 21st, 2023 by Saurenergy Gurugram-based Sunsure Energy will be supplying 2.25 crore green units to Uttar Pradesh-based SLMG Beverages annually under the recent long-term power purchase agreement (PPA) signed between the two firms. The PPA has been signed with for a capacity of 15 MW in the state of Uttar Pradesh. The green units will be supplied to SLMG, […] Read more
Suvic Oy Signs EPC Contract with CPC Finland Oy to Build Largest Finnish Solar Farm Updated On Tue, Mar 21st, 2023 by Saurenergy Energy solutions conglomerate Suvic Oy has announced that it has signed an EPC contract with CPC Finland Oy for the construction of Lakari Solar Park in Finland. The solar park has a maximum output capacity of 32 MW. CPC Finland Oy is the fully owned subsidiary of the Germany-based CPC Germania, which is a project […] Read more
ACWA Power to Build $7.5 bn Worth Renewable Energy Projects & BESS in Uzbekistan Updated On Tue, Mar 21st, 2023 by Saurenergy Saudi renewables developer ACWA Power has inked three PPAs and investment agreements with Joint-Stock Company (JSC) National Electric Grid of Uzbekistan (NEGU) and Ministry of Investment, Industry and Trade of Uzbekistan. Under the agreements, ACWA Power will develop three solar PV projects in Tashkent and Samarkand. It will also build three Battery Energy Storage Systems […] Read more
JinkoSolar Launches SunGiga Liquid-Cooling ESS in Japan Updated On Tue, Mar 21st, 2023 by Saurenergy Chinese solar manufacturer JinkoSolar has announced the launch of its new liquid cooling energy storage system called SunGiga for C&I application and showcased it in this year’s PV Japan Expo 2023. JinkoSolar had launched the SunTank residential ESS in Japan in 2022. JinkoSolar said that the liquid cooling system for more even heat dissipation and […] Read more
Infinity Power Adds 1 GW to Portfolio with Acquisition of African Wind Projects Updated On Mon, Mar 20th, 2023 by Saurenergy A joint venture between Egypt’s Infinity and UAE’s Masdar, Infinity Power has shared that it has acquired the complete shareholding of Lekela Power. With this acquisition, the firm has added 1 GW of African wind projects to its portfolio. The acquisition also makes Infinity Power the largest renewable energy firm in Africa. Lekela Power’s assets […] Read more
