JinkoSolar Builds 7 GW Ingot & Wafer Facility in Vietnam Updated On Wed, Sep 29th, 2021 by Saurenergy Shanghai-headquartered JinkoSolar is investing $500 million to build a monocrystalline ingot and wafer manufacturing facility, which is expected to have an annual capacity of 7GW, in Quảng Ninh Province, Vietnam. The Chinese solar module manufacturer has begun to work on the ingot and wafer facility, which will support its existing overseas production facilities. As the […] Read more
European Modules Emit 40% Less CO2 Than Chinese Ones, finds Study Updated On Tue, Sep 28th, 2021 by Saurenergy In a new study, researchers at the Fraunhofer Institute for Solar Energy Systems ISE have calculated that silicon photovoltaic modules manufactured in the European Union produce 40 percent less CO2 than modules manufactured in China. Using a life cycle analysis (LCA), the research team compared the CO2 footprint of monocrystalline solar modules manufactured in Germany, […] Read more
Sungrow Reports $1.26 Billion Revenue in H1 FY21 Updated On Thu, Sep 16th, 2021 by Saurenergy Inverter solutions supplier Sungrow has released its semi-annual report, reporting a net income of 757 million yuan (about 116.42 million US dollars), with a year-over-year increase of 69.68%, in H1 FY21. The company’s revenue was 8.21 billion yuan (1.26 billion US dollars) during this period, with a year-over-year increase of 18.27%. The highlights of H1 FY21 […] Read more
China’s CO2-intensive Belt Road Initiative Threat to Environment: Report Updated On Tue, Sep 7th, 2021 by Saurenergy While China has termed Belt Road Initiative (BRI) environmentally sustainable and green, it is a threat to climate change and is responsible for causing environmental degradation as almost 90 per cent of its energy projects are carbon-intensive and operate on fossil fuel, think tank International Forum For Rights and Security (IFFRAS) has recently noted. The BRI […] Read more
China Surpasses Germany to Claim #2 in Offshore Wind Rankings Updated On Fri, Aug 27th, 2021 by Saurenergy China has overtaken Germany as the world’s second largest offshore wind market with 7.9 GW of operational capacity, shows a new Global Offshore Wind report. The World Forum Offshore Wind’s first semi-annual report for 2021 also finds that global offshore wind installations reached 34,137 MW at the end of June. This demonstrates a slowdown in […] Read more
Tongwei Earns $462.3 Million Net Profit in H1 FY21 Updated On Thu, Aug 26th, 2021 by Saurenergy Chinese solar equipment manufacturer Tongwei saw an almost three-fold increase in its profits in the first half of 2021 as a result of prices rising throughout the solar value chain during this period. In H1 FY21, Tongwei’s operating revenue was RMB26.5 billion (US$4 billion), up nearly 42% year-on-year. Net profit nearly trebled to RMB3 billion […] Read more
China’s Goldwind Earns 292.3 M Net Profit in H1 FY21 Updated On Tue, Aug 24th, 2021 by Saurenergy Beijing-based wind turbine manufacturer Goldwind has released interim results for 2021, reporting a net profit of around CNY 1.9 billion ($292.3 million) in the first half of the financial year. Officially known as Xinjiang Goldwind Science & Technology Co., Ltd., this state-owned multinational realised revenue of CNY 17.85 billion in H1 FY21. Gross profit was CNY 4.919 billion, […] Read more
High Power Modules and Agriculture Production Combine, As Trina Showcases 210m Series Updated On Tue, Aug 17th, 2021 by Saurenergy Trina Solar has shared on a project, covering 160 hectares of farmland, that uses Trina Solar’s 210 Vertex 550W series and is expected to generate 110 million kWh of electricity a year. The firm is showcasing the 100 MW project as a great example of combining solar with agriculture. The firm claims that the 210 […] Read more
New Research Accelerates Development of Organic Solar Cells Updated On Mon, Aug 16th, 2021 by Saurenergy A team of researchers is working to replace heavy and expensive silicon solar cells currently being used in the solar industry with light and low-cost organic solar cells – made from materials and elements found in plants and animals – which could help in the battle against climate change. Most of today’s solar cells are made from […] Read more
