DESRI Closes Financing of 80 MW Sigurd Solar Project in Utah Updated On Mon, Jun 15th, 2020 by Saurenergy With the beginning of construction on its fourth utility-scale solar project in Utah, D. E. Shaw Renewable Investments (DESRI) has closed the financing of the 80 MW Sigurd Solar project by securing both construction debt and tax equity financing. Commenting on the closing of the financing, David Zwillinger, CEO of DESRI, said that “the COVID-19 crisis […] Read more
Growatt Third Behind SolarEdge, SMA in Single Phase Inverter Shipments Updated On Fri, Jun 12th, 2020 by Saurenergy Growatt with 11% market share of single-phase inverters in 2019, finished in the third-place in the PV Inverter Market Tracker by IHS Markit. Growatt, a leading Chinese manufacturer of PV string inverters took over 11 percent market share of single-phase inverters worldwide in 2019, coming in the third-place after SolarEdge and SMA according to PV […] Read more
US Solar Market Sets Q1 Record, Impact of COVID-19 Likely on Q2: Report Updated On Thu, Jun 11th, 2020 by Saurenergy The US solar market installed 3.6 GW of new solar PV capacity in Q1 2020, representing its largest first quarter ever in the United States. The US solar market installed 3.6 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q1 2020, representing its largest first quarter (Q1) ever in the United States. According to […] Read more
IESA Proposes to Have Policy Framework for Energy Storage in Electricity Act Updated On Wed, Jun 10th, 2020 by Saurenergy IESA has submitted its recommendations on the proposed Draft Electricity (Amendment) Bill, 2020, proposing a policy framework for energy storage in the bill India Energy Storage Alliance (IESA), India’s leading alliance working in the space of energy storage, electric vehicle, renewable integration & microgrids has submitted its comments/recommendations on the proposed Draft Electricity (Amendment) Bill, […] Read more
Xpeng Motors Unveils its new Self Made Smart EV Factory in China Updated On Wed, Jun 10th, 2020 by Saurenergy Xpeng Motors, a leading EV technology company, has revealed an exclusive inside view into its self-built wholly-owned factory in Guangdong Province of China Xpeng Motors, a leading electric vehicle (EV) and technology company, has revealed an exclusive inside view into its self-built wholly-owned factory in Zhaoqing, Guangdong Province of China. The new factory – Zhaoqing […] Read more
Broad Reach Power to Build 15 Battery Storage Projects in Texas Updated On Wed, Jun 10th, 2020 by Saurenergy Broad Reach Power has announced that it will build 15 utility-scale battery storage plant sites in areas near Houston and Odessa in Texas by the end of 2020 Broad Reach Power, a rapidly growing energy storage independent power producer (IPP) based in Houston which owns a three-gigawatt portfolio of utility-scale solar and energy storage power […] Read more
New Massachusetts Regulations Would Cancel Nearly 80 Solar Projects: Analysis Updated On Wed, Jun 10th, 2020 by Saurenergy CCSA recently released a comprehensive analysis revealing how new regulations would have the unintended consequence of canceling nearly 80 solar energy projects in Massachusetts The Coalition for Community Solar Access (CCSA) recently released a comprehensive analysis revealing how new clean energy regulations would have the unintended consequence of canceling nearly 80 solar energy projects in […] Read more
Majority of Clean Energy Technologies Failing to Keep Pace: IEA Updated On Wed, Jun 10th, 2020 by Saurenergy A new assessment finds that a majority of clean energy technologies are failing to keep pace with long-term climate, air pollution and energy access goals. A new assessment of clean energy transitions finds that a majority of technologies and sectors are failing to keep pace with long-term climate, air pollution and energy access goals. And […] Read more
Offshore Wind Capex in Europe to Surpass Upstream Oil and Gas by 2022: Rystad Updated On Tue, Jun 9th, 2020 by Saurenergy A new analysis has predicted that the capex on offshore wind will match upstream Oil and Gas spending in Europe in 2021, and surpass it in 2022 The oil market collapse caused by the COVID-19 pandemic is set to delay several oil and gas developments in Western Europe, putting capital expenditure in the offshore sector […] Read more