Vestas Secures Turbine Orders Worth 301 MW in China Updated On Thu, Apr 2nd, 2020 by Saurenergy Vestas has announced that it has secured two new orders for wind turbines in China worth a combined 301 MW. Vestas has announced that it has secured two new orders for wind turbines in China worth a combined 301 MW. The first order has been received for a project that includes the supply of 56 […] 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
China PV Inverter Exports in February 2020. 41% Contraction, Sungrow Leads Updated On Wed, Apr 1st, 2020 by Saurenergy In some much awaited numbers for February, data from customs and research agencies shows that PV inverter exports from China contracted 41 percent over January. The March outlook remains unpredictable of course, as manufacturing is back on track in March in China, but he virus has had the biggest impact in the rest of the […] Read more
For GCL, Normal Is Back, with 60 GW Plan Updated On Wed, Apr 1st, 2020 by Saurenergy China-based GCL System Integration Technology Co. (GCL SI) which claims to supply 29.1% of total worldwide wafer capacity yield, represents 22.2% silicon market shares has announced plans to build a new factory in China with an annual solar panel production capacity of 60 GW. The new fab in Hefei province was said to cost an […] Read more
Western Turbine OEMs Challenged to Gain Market Share in China: WoodMac Updated On Tue, Mar 31st, 2020 by Saurenergy Western turbine OEMs are struggling to compete amidst intense turbine pricing competition as China moves towards wind grid parity targets by 2020 Western turbine OEMs are struggling to compete amidst intense turbine pricing competition as China moves towards wind grid parity targets by 2020. It has been reported that in the 6 GW auction for […] Read more
BYD Launches Blade Battery, set to Redefine EV Safety Standards Updated On Mon, Mar 30th, 2020 by Saurenergy BYD has officially announced the launch of the Blade Battery, a development set to mitigate concerns about battery safety in electric vehicles (EV). BYD has officially announced the launch of the Blade Battery, a development set to mitigate concerns about battery safety in electric (EV). At an online launch event themed “The Blade Battery – […] Read more
Tongwei Solar to Set up Production Base in China with CNY 20 Bn Investment Updated On Fri, Mar 27th, 2020 by Saurenergy With an aim to target exports to European markets, Chinese solar cell manufacturer Tongwei Solar has recently organized a groundbreaking ceremony of its photovoltaic (PV) industrial base project in Jintang County of Chengdu city in China. With a total investment of about CNY 20 billion, Tongwei Solar photovoltaic industrial base project will construct the annual 30 […] Read more
Demand for Domestic Products Increased After China’s Covid-19 Incidence: Yash Jain Updated On Wed, Mar 25th, 2020 by Saurenergy Solar panel prices, production, and supply are poised to continue to be in turmoil in the midst of the Coronavirus outbreak. Yes, the demand for domestic products have increased tremendously after China’s COVID-19 incidence. However, the industry is also facing shortage of raw material as compared to the demand. Also, we are coming up with […] Read more
