China’s RE Boom Year Poses Challenges to Western Markets: WoodMac Updated On Thu, Feb 17th, 2022 by Saurenergy China’s renewables manufacturing has emerged from 2021 bigger and more competitive than ever before. Western markets are benefitting from trading with the IKEA of the energy transition, but balancing reliance on China’s technology providers with local interests is now a key political as well as environmental challenge, says Wood Mackenzie. China’s need to meet soaring […] Read more
China’s sunset on wind and solar subsidies could impact climate change efforts: IFFRAS Updated On Wed, Feb 16th, 2022 by Saurenergy International Forum for Rights and Security (IFFRAS) – a Canada based think tank – has reported that the renewables’ expansion that has been in full flow in China can see a reversal. In 2021, China finally ended many subsidies on solar and wind energy. This will discourage the use of cleaner sources of energy and […] Read more
China, Europe Lead record global EV sales in 2021 Updated On Wed, Feb 16th, 2022 by Saurenergy A research report from global data firm Canalys says that 2021 saw nearly 6.5 million Electric vehicles sold, including fully electric as well as hybrid passenger vehicles. Tesla led the global manufacturer stakes with a 14% share of the market, even as 2021 sales beat 2020 sales by 109%. Tesla ended the year with over […] Read more
China to Focus on Gobi Desert for New Solar, Wind Power Bases Updated On Fri, Feb 11th, 2022 by Saurenergy China’s new renewable energy plans will focus on the Gobi and other desert regions, as it speeds up the construction of huge new wind and solar power bases and boosts its transmission capabilities, regulators said in a new policy document, according to recent media reports. To meet its climate targets, China – the world’s biggest […] Read more
US Tariff Extension on solar products hurts energy goals: China Updated On Mon, Feb 7th, 2022 by Saurenergy The Biden administration in the U.S. has extended Trump-era tariffs on imported solar products for four years but made changes to exempt many more products from the levies, such as the more modern bifacial panels, which are key for Biden’s climate agenda because they are the most efficient and will be increasingly used in large […] Read more
Energy Vault Inks $100 M Deal to Deploy its Energy Storage Tech in China Updated On Wed, Feb 2nd, 2022 by Saurenergy Swiss energy storage firm Energy Vault has announced a License and Royalty agreement for renewable energy storage with Atlas Renewable and their majority investor China Tianying, an international environmental management and waste remediation corporation engaged in smart urban environmental services, resource recycling and recovery, and zero-carbon clean energy technologies. The agreement supports the deployment of […] Read more
China Now A Superpower In Offshore Wind Too, With Highest Installs In 2021 Updated On Thu, Jan 27th, 2022 by Saurenergy Offshore Wind, one of the last renewable energy bastions where European manufacturers and countries still dominated, has finally seen China arrive in style in 2021. Figures shared across multiple sources including the National Energy Administration of China place China’s offshore wind capacity additions in 2021 at 17 GW. That figure takes total offshore wind capacity […] Read more
Sungrow Tops ESG Rankings in China Updated On Thu, Jan 27th, 2022 by Saurenergy Inverter major Sungrow has announced that the Company ranked first in the 2021 China Top 500 ESG Companies list released jointly by the well-known organization Sina Finance ESG Rating Center and CCTV-1 “Brand of Great Power” program. A strong ESG rating and ranking is increasingly helping firms benefit with a stronger brand perception and access […] Read more
IEEFA: Skyrocketing EV Sales in China Spell a No-turning-back Step Change in Global Energy Landscape Updated On Wed, Jan 19th, 2022 by Saurenergy The jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the world’s biggest auto market, writes Tim Buckley, Director of Energy Finances Studies Australasia & South Asia, Institute for Energy Economics and Financial Analysis (IEEFA), as he gives insight […] Read more
