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
White House Backs Plan for Renewable Energy Industry Tax Partnerships Updated On Fri, Sep 24th, 2021 by Saurenergy The White House is backing a plan by House of Representatives Democrats to let renewable energy firms form tax-advantaged partnerships that the oil and gas industry has used for decades to build out the U.S. pipeline and storage infrastructure, according to recent reports in the media. The expansion would allow the renewable energy industry – […] Read more
US Solar Developers Warn Of Threat to Solar From Import Duties Updated On Thu, Sep 23rd, 2021 by Saurenergy A strong pushback has started in the US, on the threat of import duties from countries in South East Asia, especially Malaysia, Vietnam and Thailand. A letter on behalf of 190 companies, primarily developers, contractors and financiers warns that punitive duties, if applied, would risk jeopardising almost 18 GW of Solar projects in the US, […] Read more
LG Energy Solution Takes Over US-based NEC Energy Solutions Updated On Wed, Sep 22nd, 2021 by Saurenergy South Korean lithium-ion battery manufacturer LG Energy Solution (LG ES) has acquired US-based sector player NEC Energy Solutions from NEC Corporation for an undisclosed sum. The news was unveiled on Friday by BDA Partners, which served as the exclusive financial advisor to LG on the transaction. Japan’s NEC Corporation has transferred all shares in NEC Energy […] Read more
Babcock & Wilcox to Aquire Majority Stake in US Solar Firm Updated On Thu, Sep 16th, 2021 by Saurenergy Babcock & Wilcox Enterprises has signed a definitive agreement to acquire a majority ownership stake in Illinois-based solar energy contractor Fosler Construction Company, aiming to significantly enhance its capabilities in solar energy. The transaction is expected to close at the end of September 2021, subject to customary closing conditions. Fosler Construction will be part of […] Read more
India and US Agree on Further Climate Agreements Updated On Mon, Sep 13th, 2021 by Saurenergy Union Power Minister R. K. Singh met a delegation led by Mr. John Kerry, U.S. Special Presidential Envoy for Climate, today to discuss further collaboration on climate change issues to pave the way for the impending energy transition. Mr. Alok Kumar, Secretary Ministry of Power, and other senior officials from the ministry were also present. […] Read more
Turkey Reaches 10 GW Wind Energy Milestone: WindEurope Updated On Mon, Sep 13th, 2021 by Saurenergy Turkey reached 10 GW of wind energy installations, a significant achievement for the country, according to WindEurope. It means that Turkey managed to increase its wind energy capacity tenfold over the last 10 years. Over that period, Turkey has seen considerable diversification of its energy mix, in particular through the expansion of renewable generation capacity. […] Read more
NREL Researchers Use Silica Sand to Store Renewable Power Updated On Wed, Sep 8th, 2021 by Saurenergy Renewable energy sources like solar and wind are changing how we power our buildings, industries, and grid; however, they are intermittent, giving rise to the need for energy storage to ensure continuous power. Lithium-ion batteries are great for short-duration energy storage, but our buildings, businesses, industries, and grid need more storage, at lower cost, for longer […] Read more
EPRI, NREL, and the University of Washington to Advance Electric Grid Decarbonization Updated On Wed, Sep 8th, 2021 by Saurenergy On September 7, the Electric Power Research Institute (EPRI), the U.S. Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL), and the University of Washington announced the creation of the industry-wide Universal Interoperability for Grid-Forming Inverters (UNIFI) Consortium to advance research on grid-forming inverters supporting variable renewable energy growth across the power system. Funded through a $25 […] Read more
