Financial Embroils Yingli, Seeks New Committee to Repay Debts Updated On Sun, Apr 30th, 2017 by Saurenergy Embroiling Chinese solar PV manufacturer Yingli Green Energy is finding no space for air. The company has announced the formation of a special committee which will consider potential debt repayment solutions. Once one of the world’s leading solar PV manufacturers, Yingli Green Energy (aka Yingli Solar) has only managed to see its reputation fall further […] Read more
Coal Use in China Declines in 2016 as Solar Capacity Rises 82% Updated On Sun, Apr 30th, 2017 by Saurenergy Significant investments in clean energy and favourable renewable energy prices continue to stifle the demand for coal in China. The world’s largest carbon emitter’s coal consumption fell in 2016 for the third consecutive year. The National Bureau of Statistics said the country’s consumption of coal fell by 4.7 per cent last year, according to preliminary […] Read more
JinkoSolar, GRID Alternatives to Extend Solar and Jobs to Underserved Communities Updated On Sun, Apr 30th, 2017 by Saurenergy JinkoSolar announced that its wholly owned subsidiary, JinkoSolar (U.S.) Inc. activated a partnership with GRID Alternatives, the nation’s largest non-profit solar installer. JinkoSolar will donate over 620 kW of high-efficiency solar modules to support GRID Alternatives’ work bringing solar power and job training to low-income communities across the country. JinkoSolar’s contribution will help GRID Alternatives […] Read more
Trina Solar Pins Going-Private Transaction Updated On Sun, Apr 30th, 2017 by Saurenergy Chinese photovoltaic (PV) modules maker Trina Solar Ltd has ceased to be a publicly-traded company as its previously-announced buyout has now been completed. An investor consortium led by Trina chairman and CEO Jifan Gao signed a deal to acquire and delist the solar company at the very start of August 2016. Under the terms of […] Read more
U.S. Should Ally With China To Drive Global Solar Industry – Study Updated On Sun, Apr 30th, 2017 by Saurenergy In a new study, researchers from Stanford’s Steyer-Taylor Center for Energy Policy and Finance make some intriguing and perhaps controversial solar policy recommendations for the U.S. government. The researchers encourage the U.S. to reconsider a wide variety of its solar energy policies, including its trade war with China, in order to maximize the industry’s long-term […] Read more
Chinese Solar Equipment Major, GCL-Poly Energy Bids on India Solar Market Updated On Sun, Apr 30th, 2017 by Saurenergy The Chinese solar equipment maker major, GCL-Poly Energy Holdings has shared plans to invest in India, attracted by the nation’s emerging green economy. As part of its India entry plan, GCL-Poly Energy Holdings Ltd is in talk with Subhash Chandra’s Essel Group to set up a solar module manufacturing facility. The Hong Kong-listed firm, which […] Read more
Secret to Hit 40GW Updated On Sat, Apr 29th, 2017 by Saurenergy Government of India has rightly made rooftop solar power one of its top clean energy priorities. In 2014, the government revised the national solar installation target from 22 GW to an aggressive 100 GW by 2022 which is helping the country to become one of the world’s fastest-growing solar markets. The 100 GW target was […] Read more
REPORT ON THE 11TH SNEC PV POWER EXPO Updated On Sat, Apr 29th, 2017 by Saurenergy SNEC2017, with the exhibiting space reaching 180,000 square meters, attracted over 1,800 exhibitors and over 220,000 visits from 95 countries and regions The 11th SNEC PV POWER EXPO Successfully Held The largest PV tradeshow in the world — SNEC 11th (2017) International Photovoltaic Power Generation Conference & Exhibition was successfully rounded off on April 21st, 2017. […] Read more
Fotowatio Renewable Ventures Raises $29 Million from IFC to Fund 100 MW Solar Power Projects in Andhra Pradesh Updated On Sat, Apr 29th, 2017 by Saurenergy The Company is building two solar power projects of 50MW each in Andhra Pradesh. The cost of the project is estimated at $119 million which will be funded through a mix of 75 per cent debt and 25 per cent equity. Fotowatio Renewable Ventures (FRV) has raised $29 million (~Rs.1.86 billion) in non-convertible debentures (NCDs) […] Read more
