Borosil Renewables Closes Acquisition Of Solar Glass Maker Interfloat Updated On Wed, Oct 26th, 2022 by Saurenergy Mumbai-based solar glass manufacturer Borosil Renewables Ltd (BRL) and EU-based Interfloat Group announced the Borosil Renewables’ acquisition of 86% stake in the Interfloat Group, through its overseas wholly-owned subsidiaries. GMB operates a solar glass plant with a production capacity of 300 TPD (Tonnes per Day). With its acquisition of the Interfloat Group, BRL’s solar glass […] Read more
China’s NIO Invests $273 Mn To Establish Separate Battery Tech Company Updated On Wed, Oct 26th, 2022 by Saurenergy Chinese electric vehicle manufacturer NIO has established a new entity called NIO Battery Technology (Anhui) Co. Ltd. and it is being headed by William Li as its Chairman, who is also the founder of NIO. According to reports, the capital is of about $273 million of the new company which will be controlled absolutely by […] Read more
Daqo Subsidiaries Sign Polysilicon Supply Agreement with Solar Manufacturer Updated On Wed, Oct 26th, 2022 by Saurenergy In a key announcement, Daqo New Energy Corporation, a leading Chinese manufacturer of high-purity polysilicon for the global solar PV industry, has held that its subsidiaries Xinjiang Daqo and Inner Mongolia Daqo have signed a six-year high-purity polysilicon supply agreement with a leading solar manufacturing company in China. The name of the solar manufacturer is […] Read more
European Offshore Wind Companies Push Into Asian Offshore Wind Market Updated On Wed, Oct 26th, 2022 by Saurenergy The world is watching as Chinese companies take on the offshore wind market. As per S&P Global Market Intelligence, Chinese turbines today cost less than half the global average. It places the Chinese in advantageous positions for expansion in less established wind markets such as Latin America and Eastern Europe. Although Chinese offshore wind majors […] Read more
Amazon Sets Up First Wind, Solar Farm in China Updated On Wed, Oct 26th, 2022 by Saurenergy American multinational technological giant Amazon has established first wind farm and solar farm in China to facilitate the production of clean energy. The renewable energy projects set up in China are large-scale and boast of 200 megawatts (MW) of clean energy capacity. Together, these projects are expected to produce 496,000 megawatt-hours (MWh) annually, which will […] Read more
REC Group In Major Equipment Supply Deal With Maxwell Technologies Updated On Thu, Oct 13th, 2022 by Saurenergy The Reliance owned REC Group has announced a major equipment supply deal with Chinese solar equipment manufacturer Maxwell technologies. The agreement covers the supply of equipment for REC’s latest heterojunction technology (HJT) innovation, REC Alpha Pure-R, introduced at this year’s Intersolar Europe. REC is on a major expansion drive since the Reliance takeover, with a […] Read more
China’s BYD Launches its First Passenger Electric Car in India Updated On Wed, Oct 12th, 2022 by Saurenergy BYD, a Chinese electric car manufacturer financed by Warren Buffet, debuted its first passenger car in India: an electric sport-utility vehicle (SUV). This marked BYD’s entry into the mainstream market as part of a larger global expansion. BYD, which currently offers electric buses and vehicles (EVs) for corporate fleets in India, unveiled the Atto 3 […] Read more
High Energy Prices Could Trip Up European Solar Manufacturing Plans-Rystad Updated On Mon, Oct 10th, 2022 by Saurenergy Energy Research Agency Rystad Energy has warned that record high electricity prices across Europe are damaging the continent’s attempts to build a reliable low-carbon supply chain and reach its decarbonization targets, as solar and battery manufacturers face mounting costs. The warning comes even as renewable power producers in the continent have pushed for keeping the […] Read more
Goldwind To Supply 111 Wind Turbines To Masdar For Uzbekistan Wind Project Updated On Mon, Oct 10th, 2022 by Saurenergy Chinese multinational wind turbine manufacturer Goldwind has announced that it has secured a novel deal with Masdar (Abu Dhabi Future Energy Company) for the supply of 111 units of GW155-4.5MW turbines. The turbines will be supplied for the largest of its kind project in Uzbekistan and Central Asia. Goldwind held that the agreement with Masdar […] Read more
