JinkoSolar, CATL to Partner on Solar-Storage Projects Updated On Fri, Sep 3rd, 2021 by Saurenergy Chinese module manufacturer JinkoSolar has signed a strategic cooperation framework agreement with global energy storage company Contemporary Amperex Technology Co. Ltd. (CATL). Under the agreement, the two parties will establish a long-term, stable and solid strategic joint partnership in areas such as the promotion of carbon neutrality in the industrial chain, global solar-plus-storage business development, […] Read more
In Boost to US, WTO Rules Against China On Solar Tariffs Dispute Updated On Fri, Sep 3rd, 2021 by Saurenergy The World Trade Organization (WTO) on Thursday ruled in favor of the United States in a dispute with China over tariffs on solar panels that were imposed by the previous American administration on imports from China. The tariffs had been slapped on in January 2018 by the Trump administration, setting off a chain of events that continues […] Read more
Automakers Shun Low-cost Small Cars, Focus on Producing Small EVs Updated On Wed, Sep 1st, 2021 by Saurenergy Of late, the world’s biggest automakers have been putting an end to their production of smaller cars among internal combustion engine models and are shifting towards making smaller EVs due to their growing popularity. Rising Costs A Driver Now One reason for this change in the industry is rising commodity and labor costs pertaining to low-cost […] Read more
Tongwei Earns $462.3 Million Net Profit in H1 FY21 Updated On Thu, Aug 26th, 2021 by Saurenergy Chinese solar equipment manufacturer Tongwei saw an almost three-fold increase in its profits in the first half of 2021 as a result of prices rising throughout the solar value chain during this period. In H1 FY21, Tongwei’s operating revenue was RMB26.5 billion (US$4 billion), up nearly 42% year-on-year. Net profit nearly trebled to RMB3 billion […] Read more
World’s Module Capacity to Grow in ’21; Southeast Asia 2nd Top Supplier Updated On Thu, Aug 26th, 2021 by Saurenergy Up to 400 GW of nameplate solar module manufacturing capacity and nearly 325 GW of nameplate cell capacity could be online by the end of 2021, says a new report. Southeast Asia is the second top production location for cell and module suppliers, following China and Taiwan, which are at the top. Clean Energy Associates […] Read more
Will Concentrated Solar Power be Reborn? Report Says Yes Updated On Thu, Aug 19th, 2021 by Saurenergy Concentrated Solar Power (CSP), which has lain moribund for a decade, is about to be reborn, according to a new report from Rethink Technology Research, with global capacity to increase several times over by 2030. The study expects CSP to claim its place serving power grids, green hydrogen complexes, and industrial process heat in California, […] Read more
JinkoSolar Signs Long-term Deal with Germany’s Wacker For Polysilicon Updated On Wed, Aug 18th, 2021 by Saurenergy China’s solar module manufacturer JinkoSolar Holding Co Ltd. has announced signing a deal with Munich-based chemical company Wacker Chemie AG to procure over 70,000 tonnes of polysilicon. The deal has been signed yesterday through its subsidiary Jinko Solar Co Ltd for a long-term polysilicon supply agreement with the German firm. Under the terms of the […] Read more
Sri Lanka To Increase Rooftop Solar Investments, Cease Fresh Coal Plants Updated On Wed, Aug 18th, 2021 by Saurenergy After announcing its 2030 goals of achieving 70% electricity through renewables, Sri Lanka is now accelerating its investments in rooftop solar and planning to rule out new coal power investments. Sri Lanka‘s renewable energy sources currently are primarily HydroPower, which accounts for 35% of its electricity from renewables in 2019. The country has total generation […] Read more
Goodyear Invests in EV Charging, Adds AmpUp to its Portfolio Updated On Tue, Aug 17th, 2021 by Saurenergy Goodyear announced today that its venture capital arm, Goodyear Ventures, has added AmpUp, a leader in electric vehicle (EV) charging, to its investment portfolio. AmpUp supports the EV driving community through its advanced charging network and software solutions. With operations across North America, AmpUp aims to make charging accessible and seamless for every EV driver. […] Read more