Global EV Market To Grow By $343 Billion In Next 4 Years: Report Updated On Wed, May 22nd, 2024 by Saurenergy The global electric vehicle (EV) market size is estimated to grow by USD 343.01 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 13.51% during the forecast period. The rise in concern over emissions from fossil fuel vehicles has spurred a surge in demand for low-emission and fuel-efficient […] Read more
JA Solar Supplies 480MW PV Modules To Project In Chile Updated On Tue, May 21st, 2024 by Saurenergy The CEME1 480MW Project, one of the large photovoltaic (PV) installations in Chile has reached full capacity grid connection. PowerChina Huadong Engineering Corporation Limited, the contractor of the project, utilized modules from Chinese major JA Solar, emphasizing the role of its technology and products in project’s construction. Spanning approximately 400 hectares—an area equivalent to 370 […] Read more
Sungrow, L&T In Deal For 165 MW PV Inverters, 760MWh Storage Systems In Saudi Updated On Tue, May 21st, 2024 by Saurenergy Sungrow, the global leading PV inverter and energy storage system provider, has forged a strategic partnership with Larsen & Toubro to supply 165MW PV inverters and 160MW/760MWh energy storage systems for AMAALA, a prestigious destination in Saudi Arabia. This collaboration aligns with Saudi Arabia’s Vision 2030 and China’s Belt and Road Initiative. This flagship project is developed and led […] Read more
EV Car Sales In India Reached 1Mn With 70% YoY Growth Updated On Tue, May 21st, 2024 by Saurenergy International Energy Agency (IEA) in its recent report on Global Critical Mineral Outlook 2024, found a global rise in electric vehicle sales. The report found a global increase in the sale of total electric car sales in India by 70% with an increase in electric car sales reaching almost 1 million. The IEA report found, […] Read more
Orient Green Power To Raise Rs 250 Cr Through Equity Rights Issue Updated On Mon, May 20th, 2024 by Saurenergy Orient Green Power Company has announced its plans to raise up to Rs 250 crore through the issue of equity rights to its existing shareholders. The company further said in its regulatory filing that the issue of equity shares with a face value of Rs 10 each of the Orient Green Power Company is proposed […] Read more
US To Invest $71 Million In Supporting Solar Manufacturing Research Updated On Mon, May 20th, 2024 by Saurenergy U.S. Department of Energy (DOE) has announced a $71 million investment, including $16 million from the President’s Bipartisan Infrastructure Law, in research, development, and demonstration projects to grow the network of domestic manufacturers across the U.S. solar energy supply chain. The selected projects will address gaps in the domestic solar manufacturing capacity for the supply […] Read more
Insolation Energy Reaps Gains With Record FY24 Numbers, Plans Expansion Updated On Mon, May 20th, 2024 by Saurenergy Rajasthan’s leading solar firm, Insolation Energy Limited (INA Solar), has announced impressive financial results for the fiscal year ending March 31, 2024. The company reported a turnover of Rs 741.32 crore, a substantial increase of 165% from the Rs 280.05 crore recorded in the previous fiscal year. Gross margins surged by 237%, reaching Rs 111.65 crore […] Read more
Sustained Efforts Ensure GoodWe Maintains ESG Rating For 2023 Updated On Fri, May 17th, 2024 by Saurenergy In a sign of the rising role of ESG (Environment, Social and Governance) norms across corporates, Chinese solar inverter major GoodWe has released its 2023 Corporate Social Responsibility (CSR) report, aligned to supporting the United Nation’s Sustainable Development Goals (SDGs). Released on April 26, 2024, the report highlights GoodWe’s efforts in corporate governance, product responsibility, sustainable […] Read more
Leapmotor Forms JV With European Auto Firm To Foray Into India Updated On Wed, May 15th, 2024 by Saurenergy Chinese auto-maker Leapmotor has announced that it has formed a joint venture with Europe-based vehicle company Stellantis as it plans to step into the Indian market. Leapmotor International BV, a Stellantis-led joint venture, will now be introducing T03 and C10 first in the European markets and expanding to India & Asia Pacific (excluding Greater China), […] Read more
