ReneSola Sells 40.13% Stake in Zhejiang ReneSola Investment for RMB 200 mn Updated On Wed, May 2nd, 2018 by Saurenergy Zhejiang ReneSola Investment Ltd holds the company’s distributed generation projects in China. Solar project developer and operator ReneSola has sold 40.13 percent stake of its Chinese subsidiary, Zhejiang ReneSola Investment Ltd, to an undisclosed investor for about RMB 200 mn in cash. Zhejiang ReneSola Investment Ltd holds the company’s distributed generation projects in China. Further, […] Read more
China Solar PV Capacity Surges 22% in Q1 2018 Updated On Fri, Apr 27th, 2018 by Saurenergy In contrast, utility-scale installed capacity declined 64 per cent to only 1.95GW in the first quarter of 2018, compared to the prior year period. In the first quarter of 2018 China installed a total of 9.56GW of Solar PV capacity. This is an increase of 22 percent as compared to previous year, according to China’s […] Read more
Sungrow to Expand Footprints via 3 GW Prod Unit in India; First Outside China Updated On Wed, Apr 25th, 2018 by Saurenergy The move has come as the company aimed to strengthen its global delivery capability by establishing a new factory. China-based solar inverter supplier, Sungrow will set-up its new 3 GW production factory of central and string inverters in Bangalore, India. The company’s most of its production facilities are based in China and its Bangalore facility will be the […] Read more
Madras HC Dismisses Plea Against 70% Levy on Solar Imports Updated On Tue, Apr 17th, 2018 by Saurenergy The oral order was delivered by the court whereas the written order is likely to be pronounced today. Challenging the recommendations of 70% safeguard duty on imports of solar panels and modules by Directorate General of Safeguards, the Madras High Court has dismissed the petition on Monday. The oral order was delivered by the court […] Read more
TBEA Xián Electric Organises Smart PV Technology Exchange Conference in Delhi Updated On Sat, Apr 14th, 2018 by Saurenergy The move has come as the company has started a global initiative of conducting technology exchange conferences across India for spreading technology awareness. China-based PV-inverter maker TBEA Xián Electric Technology has successfully organised its first ‘TBEA Smart PV Technology Exchange Conference’ in India on April 6, 2018, at IBIS New Delhi Aerocity. The move has […] Read more
World Added More Solar than Fossil Fuel Power Generating Capacity in 2017: UN Report Updated On Fri, Apr 6th, 2018 by Saurenergy Solar power also attracted far more investment, at USD 160.8 billion, up 18 per cent, than any other technology. Solar energy dominated global investment in new power generation like never before in 2017, a UN report has said. The world installed a record 98 GW of new solar capacity, which is far more than the […] Read more
Nuclear Power and Renewables Propelling Clean Power Generation Updated On Thu, Apr 5th, 2018 by Saurenergy The highlight of the ‘Paris Agreement’ at the United Nation’s COP21 global climate conference held in late-2015 was its ‘binding’ aspects for the signatory countries. Although partial in their scope, these constitute a more decisive step compared to the earlier global climate summits. To make the emission reduction commitments made by nations, called ‘Intended Nationally […] Read more
China’s GCL, Softbank Ink $930 Million Pact to Set up Solar Venture in India Updated On Tue, Apr 3rd, 2018 by Saurenergy According to the MoU, GCL Group and Softbank Investment agree to be directly or through their respective affiliates or subsidiaries in India, will establish a JV in which Softbank Investment (or its affiliates or related companies) is a joint venture company. In a significant development, Japan’s SoftBank Group and Chinese firm GCL Group have […] Read more
Safeguard Duty Proposed on Solar Panel Imports for 200 Days Updated On Sat, Mar 24th, 2018 by Saurenergy The preliminary findings dated January 5 have been submitted to the standing board on safeguards recommending imposition of provisional safeguard duty on the imports of solar cells whether or not assembled in modules or panels for a period of 200 days. In a significant development, the Directorate General of Safeguards (DGS) has recommended imposition of […] Read more
