Ørsted Brings on Co-Investors for its 605 MW Offshore Wind Farm in Taiwan Updated On Wed, Dec 30th, 2020 by Saurenergy Ørsted has brought on CDPQ and Cathay PE, to co-invest in the 605 MW Greater Changhua 1 Offshore Wind Farm off the coast of Taiwan Offshore wind major Ørsted has announced that it has signed an agreement with a consortium of world-leading investors, which consists of global institutional investor Caisse de dépôt et placement du […] Read more
MEG Signs Agreement for 2,000 Units of D1, BYD’s Custom Electric Ride-hailing Vehicle Updated On Tue, Dec 29th, 2020 by Saurenergy Ideanomics has announced that its Mobile Energy Global (“MEG”) and its contracting entity Qingdao Chengyang Medici have signed an agreement with Meihao Chuxing, a joint venture between BYD and Didi, to purchase an initial 2,000 units of model BYD D1. The ride-hailing vehicles are intended for deployment in multiple cities within China, with deliveries expected […] Read more
An Apple Electric Car? The EV Market Welcomes It Updated On Wed, Dec 23rd, 2020 by Saurenergy An Apple Electric Car, irrespective of the details like price and technology, will add more momentum to the EV market With a global news agency (Reuters in this case) almost confirming Apple’s plans for an electric car, one must realise what this means. For one, there is the usual promise of the car achieving a […] Read more
PureEV Signs MoU with CSIR-CECRI, Indigenizing Lithium-Ion technology for EVs Updated On Thu, Dec 17th, 2020 by Saurenergy IIT Hyderabad incubated PURE EV has announced its partnership with CSIR – Central Electro Chemical Research Institute (CECRI). The firm has signed a Memorandum of Understanding with CSIR- CECRI for indigenous Lithium-Ion battery technology for electric vehicles. The company has been funded by Pharma industry veteran V C Nannapaneni. The collaboration will serve joint research […] Read more
Solis Achieves Seven-star Customer Satisfaction Index Evaluation Certification Updated On Wed, Dec 16th, 2020 by Saurenergy Zhejiang, China. Ginlong Technologies, a global leader in photovoltaic string inverter manufacturing, has been selected as a winner in the Seven-star Customer Satisfaction Index Evaluation Certification awarded by the Chinese Association of Productivity & Science., Solis becomes the first and only inverter manufacturer to reach such a high-level of customer satisfaction. It reinforces Solis’ commitment […] Read more
China Adds 40 GW Of Solar To Grid In 2020 Updated On Fri, Dec 11th, 2020 by Saurenergy China has brought about 40 gigawatts (GW) of new solar power into operation in 2020, taking its total installed solar capacity to 240 GW. As per Wang Bohua, vice-chairman of the China Photovoltaic Industry Association (CPIA), China’s total solar capacity had increased more than fivefold since 2015 and could double in the next five years […] Read more
NextEra in the US, Adani Green In India, More Similar Than They Seem Updated On Wed, Dec 9th, 2020 by Saurenergy One is the market cap leader among renewable firms in India, and going by its project pipeline, a potential global leader. The other is the world’s largest solar and wind energy firm owned by investors, poised to enter the next big opportunity in electric mobility too. The renewable energy boom, when it comes in, surprised […] Read more
JinkoSolar Squeezes out Growth on Higher Shipments in Third Quarter of 2020 Updated On Tue, Dec 8th, 2020 by Saurenergy Chinese solar panel manufacturing major JinkoSolar has announced its third-quarter 2020 financial results on 7th December 2020. Financial Results: The company had total revenue of RMB 8.77 billion (USD 1.29 billion), an increase of 3.8% from RMB 8.45 billion and 17.2% from RMB7.48 billion from the second quarter of 2020 and the third quarter of […] Read more
Vestas, Siemens Gamesa and GE Will Capture 60% of Global Market by 2029: WoodMac Updated On Tue, Dec 8th, 2020 by Saurenergy The top three wind turbine OEMs – Vestas, Siemens Gamesa and GE – will increase their combined global market share to 60 percent by 2029. According to a new report, the top three wind turbine players (OEMs) in the world, in Vestas, Siemens Gamesa Renewable Energy and GE Renewable Energy, will increase their combined global […] Read more