Australia’s H2 Trade May be Worth US$90 billion in 2050: WoodMac Updated On Thu, Jun 17th, 2021 by Saurenergy Low-carbon hydrogen could become a US$50 billion to US$90 billion export industry for Australia in 2050, says Wood Mackenzie. Australia rates consistently in the top echelons for solar irradiance and has vast potential for largescale carbon capture and storage (CCS). It has showed the world the path forward with its stationary battery storage flexibility at […] Read more
Foxconn In Partnership With Gigasolar For EV Battery Components Updated On Thu, Jun 17th, 2021 by Saurenergy Taiwanese multinational electronics contract manufacturer, Foxconn announced a partnership with a solar cell material maker, Gigasolar Materials Corp., to develop electric vehicle (EV) battery materials. A Foxconn subsidiary has invested NT$995.2 million (New Taiwan Dollar) which is equivalent to USD 36 million, for the partnership with Gigasolar. The investment via a private placement through a […] Read more
JinkoSolar Awarded as Overall High Achiever in RETC’s PVMI Report Updated On Tue, Jun 15th, 2021 by Saurenergy One of the world’s largest solar panel manufacturers, Shanghai-based JinkoSolar Holding Co., Ltd. today announced receiving the ‘Overall High Achiever’s awards at RETC’s (Renewable Energy Testing Center) 2021 PVMI (PV Module Index) Report for the second consecutive year. Notably, JinkoSolar is one of only five solar module manufacturers to receive this status in 2021. As […] Read more
Impact of Global Shift of Funds Away From Fossil Fuels on India: IEEFA Updated On Tue, Jun 15th, 2021 by Saurenergy The International Energy Agency’s (IEA) Net Zero Emissions (NZE) roadmap by 2050 is compatible with the Paris goal of restricting the temperature increase to below 1.5 degree Celsius. As per the NZE roadmap, the use of unabated fossil fuels declines sharply to just over a fifth of the total energy supply. More than two-thirds of […] Read more
Chinese Module Maker Yingli Solar Seeks A Comeback Updated On Fri, Jun 11th, 2021 by Saurenergy Yingli Solar, which was once the largest manufacturer of solar panels in the world and the first Chinese company to sponsor the FIFA World Cup TM, has announced plans to make a serious comeback. The Hebei province-based firm, which slipped from a peak turnover of over $2.4 billion in 2011 to less than $650 million […] Read more
IKEA To Help India Suppliers Go Green By Enabling Shift To Renewable Energy Updated On Fri, Jun 11th, 2021 by Saurenergy IKEA, the 35.2 billion Euro (Rs 313,000 crores) Swedish home furnishing retailing major has announced a programme for its suppliers in India, Poland and China where it will help them transit to 100 per cent renewable electricity. Almost 1,600 direct suppliers will be covered under this move, IKEA said in a statement. In India, In India, IKEA currently […] Read more
First Solar to Expand Its US Manufacturing Capacity by 3.3 GW Updated On Thu, Jun 10th, 2021 by Saurenergy The leading American manufacturer of solar panels and PV power plants, First Solar Inc. has announced its plans of expanding its American domestic photovoltaic (PV) solar manufacturing capacity by 3.3 GWDC (gigawatt direct current) annually, with an investment of USD 680 million. This investment is representing an implied capital expenditure of approximately USD 0.20 per […] Read more
LONGi Bags Top Performer & Achiever Awards at PVEL and RETC Updated On Tue, Jun 8th, 2021 by Saurenergy China-based major in solar cells and modules, LONGi Solar has bagged awards and recognition for PV module reliability and performance from two different testing labs— PVEL and RETC. LONGi received the ‘2021 Top Performer’ rank by PV Evolution Labs (PVEL), a leading independent test lab for the downstream solar industry. The company has won this […] Read more
Solex & Jinchen Sign MoU for 1.2 GW PV module production line in Surat Updated On Tue, Jun 8th, 2021 by Saurenergy Gujarat-headquartered solar PV manufacturer Solex Energy Limited has signed a Memorandum of Understanding (MoU) for acquiring 1.2 GW of solar module production equipment from China’s Jinchen Machinery, as it plans to expand output. The first phase of 600 MW will be commissioned by October-2021 and the work for the second phase of 600 MW will start immediately as […] Read more
