Middle East Renewables Braced for Turbulent Outlook: GlobalData Updated On Fri, Apr 3rd, 2020 by Saurenergy Recent reports have estimated that global solar demand will slow down for the first time in three decades, with the coronavirus (COVID-19) crisis potentially triggering a drop of between 6 percent and 10 percent in demand in 2020. The downgrade is largely due to strict limitations on movement and commercial activity in China, where the […] Read more
GoodWe, GE Ink Global Licensing Deal Updated On Fri, Apr 3rd, 2020 by Saurenergy GoodWe Power Supply Technology Co Ltd (Goodwe), a prominent inverter and storage firm, based in Suzhou, China, has been selected as the exclusive licensing partner of solar inverters for GE’s global sales. For the technology focused Goodwe, the pact serves as a vindication of the quality and reliability of its product offerings in the space, […] Read more
SNEC 2020 Stands Postponed. No New Date Announced Updated On Thu, Apr 2nd, 2020 by Saurenergy After holding out for long, the organising committee of the SNEC (Smart Energy Event and Conference), Shanghai, which is by far the biggest trade show for the solar sector, has announced the postponement of this years event. The 2020 edition would have been the 14th edition of the expo. The conference+ exhibition was originally scheduled […] Read more
Solaria Files Suit Against Canadian Solar for Patent Infringement Updated On Thu, Apr 2nd, 2020 by Saurenergy The Solaria Corporation, a US-based global provider of advanced solar energy products, has announced that it has filed suit against Canadian Solar The Solaria Corporation, a US-based global provider of advanced solar energy products, has announced that it has filed suit against Canadian Solar Inc., the leading Chinese solar panel manufacturer, in the Federal District […] Read more
IHS Markit Predicts a 16% YOY Drop in Solar Capacity Additions in 2020 Updated On Wed, Apr 1st, 2020 by Saurenergy Even as estimates and predictions on the impact of the Coronavirus pandemic on the renewable energy, and solar sector in particular are announced and updated with each passing week, comes a specific prediction from IHS Markit. The global research and analytics firm has predicted a degrowth of as much as 16 percent in global solar […] Read more
Renesola, Zhongnan Group in $100 Million Investment Agreement Updated On Wed, Apr 1st, 2020 by Saurenergy Shanghai Headquartered ReneSola, which recebtly crossed the 20 GW milestone in cumulative module sales, has announced a USD 100 million strategic investment agreement with Zhongnan Industry (a subsidiary of Zhongnan Holding Group). The announcement was made on March 31st at the official signing ceremony of the Supply Chain Cooperation Agreement between ReneSola Yixing Co., Ltd. […] Read more
Covid Impact: 5 GW Solar Projects in US at Risk Updated On Wed, Apr 1st, 2020 by Saurenergy Energy Research and Analysis firm Wood Mackenzie has come out with its projections for the impact of Coronavirus on the US solar market. And it makes for grim reading. The worst case scenario in the report projects that 5 gigawatts (GW) of big US solar energy projects could suffer delays this year if construction is […] Read more
Pandemic Claims Intersolar Europe 2020, Event Cancelled Updated On Wed, Apr 1st, 2020 by Saurenergy Even as other events in India and elsewhere have been postponed due to the Coronavirus Pandemic, Intersolar Europe has opted to bow before the inevitable. The event organisers have decided to cancel the event altogether, as it has become apparent that the scale of the damage in Europe has crossed all acceptable levels. Solar Promotion […] Read more
S&W Solar Continues Repairwork On Reputation Updated On Wed, Apr 1st, 2020 by Saurenergy Sterling and Wilson Solar, which has been through the proverbial ‘series of unfortunate incidents’ ever since its IPO, continues to build back its reputation, slowly. The firm, whose IPO price of Rs 780 back in August 2019 is now a distant memory for investors who have lost heavily, with the price down almost 90 percent […] Read more
