Europe’s Solar Resurgence is on the Horizon: Report Updated On Tue, Apr 30th, 2019 by Saurenergy A new report has revealed that the European solar market is undergoing a resurgence with more than 10 gigawatts (GW) installed in 2018, marking a five year high. Wood Mackenzie’s ‘Global solar PV market outlook update: Q1 2019’ predicts that based on this growing trend of more and more solar installations the continent should break […] Read more
Canadian Solar Secures $48 Mn Credit Facility For Development of Solar Projects in Japan Updated On Tue, Apr 30th, 2019 by Saurenergy The Company intends to utilise the facility to develop more high-quality solar power projects in Japan. Canadian Solar, one of the world’s largest solar power companies, has announced that its wholly-owned subsidiary Canadian Solar Projects K.K. has expanded and renewed its credit facility with a syndicate of four finance leasing institutions led by Sumitomo Mitsui […] Read more
Canadian Solar to Sell 80% Stake of its 482 MW Portfolio in Brazil Updated On Thu, Apr 25th, 2019 by Saurenergy The projects for which the company has sold 80% stakes are presently in advanced stages of development with construction expected to begin in 2019. China-based Canadian Solar Inc., one of the world’s largest solar power companies, has announced the signing of an agreement for the sale of its 80% interest in a 482.6 MW portfolio […] Read more
Johns Hopkins University Commits to Solar Energy Updated On Tue, Apr 23rd, 2019 by Saurenergy The 15-year agreement will allow Johns Hopkins to meet roughly two-thirds of the university’s overall electricity needs with solar power. Marking the largest commitment to solar energy in Maryland and one of the most significant pledges to greenhouse gas reduction in higher education, Johns Hopkins University has entered into a long-term agreement to supply its […] Read more
MNRE Issues Revised Guidelines For Series Approval of SPV Modules Updated On Thu, Apr 18th, 2019 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued revised guidelines for series approval of solar PV modules for conducting testing in test labs for implementation of Solar Photovoltaics Systems, Devices and Component Goods Order 2017. The guidelines are issued to facilitate labs/manufacturers in the formation of series of products for approval of product […] Read more
Global Storage Market Predicted to Reach 158 GWh by 2024: Report Updated On Tue, Apr 9th, 2019 by Saurenergy The global energy storage market will expand 13-fold by 2024, according to new research from consultancy firm Wood Mackenzie. According to the report, ‘Global energy storage outlook 2019: 2018 year-in-review and outlook to 2024’, energy storage has been creeping into decarbonising markets over the past 5 years. Commenting on the report, Ravi Manghani, Research Director, said, […] Read more
Saudi Arabia Tipped to Become Largest Wind Market in the Middle East Updated On Tue, Apr 9th, 2019 by Saurenergy A new report has highlighted that Saudi Arabia is set to become the largest market for wind power in the Middle East by early 2020s. According to the report ‘Middle East Wind Power Market Outlook, 2019-2028’, recently released by consultancy firm Wood Mackenzie, developers in Saudi Arabia are expected to build 6.2GW of wind capacity […] Read more
Renewable Push: India To Launch Transmission Line Tenders Worth $5 Billion Updated On Wed, Mar 27th, 2019 by Saurenergy According to MNRE official, India will float Transmission line tenders worth $5 billion starting from June this year According to agency reports, India plans to launch $5 billion of transmission-line tenders in phases, beginning in June this year. The move is aimed to route a targeted 175 GW of power from renewable sources into the […] Read more
Researchers Create Hydrogen Fuel From Seawater Updated On Tue, Mar 19th, 2019 by Saurenergy A Stanford-led team has developed a way to harness seawater, Earth’s most abundant source, for chemical energy using solar energy. A team of researcher from Stanford University has devised a way to generate hydrogen fuel using solar power, electrodes and saltwater from San Francisco Bay. Their findings were published in the Proceedings of the National Academy […] Read more
