StatKraft To Aquire Solarcentury In $152 M deal Updated On Tue, Nov 3rd, 2020 by Saurenergy Norwegian renewable energy major StatKraft has announced a deal to acquire UK based Solarcentury. The deal, worth a total of $152m (£118m) will involve StatKraft buying the shares from multiple investors, including PE investors, in Solarcentury, the largest solar PV firm in the United Kingdom. The London-based Solarcentury, a well-known name in the solar panel […] Read more
As Key Trade Partners Commit To Emission Cuts, Australia’s Energy Exports In Focus Updated On Tue, Nov 3rd, 2020 by Saurenergy As several Asian investors and major countries such as Japan, China, and South Korea get ready to aim for net-zero by 2050, the future of Australia’s large coal exports is under focus. Australia, which exports over 80 percent of its coal to Asian countries, primarily China, India, Japan, and South Korea, could see almost all […] Read more
JinkoSolar’s Principal Operating Subsidiary Raises USD 458 Million Updated On Sat, Oct 31st, 2020 by Saurenergy JinkoSolar Holding has announced the completion of USD 458 million equity financing by its principal operating subsidiary Jiangxi Jinko. JinkoSolar Holding, one of the largest solar module manufacturers in the world, has announced the completion of an RMB 3.1 billion (approximately USD 458 million) equity financing by its principal operating subsidiary Jinko Solar Co., Ltd. […] Read more
Renesola Signs Cooperation Agreement for Solar PV Manufacturing Plant Updated On Fri, Oct 30th, 2020 by Saurenergy Renesola Energy Nantong (a joint venture between Zhongnan Industry and ReneSola Yixing), signed a cooperation agreement with Hai’An Economic and Technological Development Zone to set up the new manufacturing. The total investment of the project will be 2 billion yuan, mainly for Solar PV Products and Sales. Renesola Energy Nantong which is a joint venture […] Read more
Pledges to Be Carbon Neutral by Japan, South Korea To Ensure Solar Growth Updated On Thu, Oct 29th, 2020 by Saurenergy The story in India might be depressing, with installations likely to hit a 4 year low this year after the peak of 2017, but the bigger picture for solar remains bright. That is because in the economies that can truly swing the balance, solar remains key to achieving key emission and carbon neutrality goals. Joining […] Read more
At Energy Forum, US Offers Perovskite Manufacturing To India Updated On Thu, Oct 29th, 2020 by Saurenergy At the IHS Cera Week, which concluded on October 28, among the more interesting conversations, and ‘offers’ for India, was the one from US Energy Secretary Dan Brouillette, when he offered a joint effort with the US to develop cheaper solar cells and modules. For India, which has pushed for a huge ramp up in […] Read more
Inverter Major Solis Powers Up With Strongest Ever Quarter in Q3 Updated On Wed, Oct 28th, 2020 by Saurenergy Ningbo, China based Ginlong Technologies’ has reported revenue in the first three quarters of 2020 at US$202 million, a year-on-year increase of 74% over the corresponding period last year. Net profit attributable to the parent company was US$31.4 million, a year-on-year increase of 189 %, and a month-on-month increase of 53%. The company’s basic earnings […] Read more
Pandemic Saves 2.5 Years of Emissions, Accelerates Coal Timeline in India: BNEF Updated On Wed, Oct 28th, 2020 by Saurenergy The drop in energy demand due to the pandemic will remove some 2.5 years worth of energy sector emissions between now and 2050, according to BNEF The stark drop in energy demand due to the coronavirus pandemic will remove some 2.5 years’ worth of energy sector emissions between now and 2050, according to research company […] Read more
EBRD, AIIB and Partners to Finance 100 MW Wind Farm in Kazakhstan Updated On Tue, Oct 27th, 2020 by Saurenergy EBRD and its partners are supporting the construction of a 100 MW wind farm near the town of Zhanatas in the south of Kazakhstan. The European Bank for Reconstruction and Development (EBRD) and its partners are promoting the further transition from coal-fired power plants to renewable-energy power generation in Kazakhstan by supporting the construction of […] Read more
