Canadian Solar Reports Net Income of $240 Million, Module Sale of 21.1 GW in 2022 Updated On Wed, Mar 22nd, 2023 by Saurenergy Global solar manufacturer Canadian Solar Inc. has announced its financial results for the fourth quarter and full year ended December 31, 2022. With regards to the fourth quarter of 2022, Canadian Solar said that it witnessed a 68% increase in solar module shipments year-over-year to 6.4 GW which was above guidance range of 6 GW […] Read more
Havfram Wind to Install Turbines at Hornsea 3 Offshore Wind Project for Ørsted Updated On Wed, Mar 22nd, 2023 by Saurenergy Offshore wind construction firm Havfram Wind has said that it has appointed by global renewable giant Ørsted to install turbines at its Hornsea 3 offshore windfarm, starting autumn 2026. The wind energy project is world largest of such kind. Havfram Wind said that it will be utilizing one of its newly built NG20000X Jack-Up Wind […] Read more
Trina Solar and Al-Raebi Ink 500 MW Agreement for Yemen Market Updated On Tue, Mar 21st, 2023 by Saurenergy Chinese photovoltaics firm Trina Solar has signed a five-year agreement with Al-Raebi for Trading (Al-Raebi). The partnership will facilitate 500 MW of module shipments for the Yemeni market. Trina Solar will supply Al-Raebi with 100 MW of its n-type i-TOPCon cell technology modules this year. The five-year agreement will cater to the country’s increasing energy […] Read more
Amplus Solar Signs MoU with Andhra Pradesh for Distributed Green Hydrogen Production Updated On Tue, Mar 21st, 2023 by Saurenergy Distributed clean energy solutions provider Amplus Solar has entered into a Memorandum of Understanding (MoU) with the Andhra Pradesh government. This agreement will pave the way for the establishment of multiple decentralized Green Hydrogen production plants in the state. The firm has set sights on setting up 7.5 KPTA-distributed green hydrogen plants for industrial consumption […] Read more
ISA Hosts Lecture on Deployment of Renewable Technologies in Developing World Updated On Tue, Mar 21st, 2023 by Saurenergy The International Solar Alliance (ISA) recently hosted a special lecture in New Delhi, which also saw the presence of officials from The Rockefeller Foundation. The theme of the lecture was ‘Tackling the Climate Crisis by Dramatically Expanding Access to Renewable Technologies Across the Developing World’. The Rockefeller Foundation, a philanthropy body built on collaborative partnerships […] Read more
Electriq Power Secures $300 Million for Solar+Storage Financing Updated On Fri, Mar 17th, 2023 by Saurenergy Silicon Valley-based Electriq Power which provides intelligent energy storage and management for households and small businesses, has announced that it has entered into a multi-year agreement with a major US clean-energy company for financing purposes. The provider company provides a platform that designs, proposes and finances solar and storage projects nationwide. Electriq Power said that […] Read more
With An Aim Of 40% Domestic Sourcing By 2030, European Commission Announces Net Zero Industry Act Updated On Fri, Mar 17th, 2023 by Saurenergy Following the Inflation Reduction Act in the US, India’s own PLI schemes and the Basic Customs Duty on Solar Imports, the European Commission is set to erect some protectionist fences at its borders too. Under the European Commission’s (EC) proposed Net Zero Industry Act, which seeks to accelerate the decarbonisation of the energy sector in […] Read more
Solar, Wind Account for 92% Of Capacity Additions In 2022 In India Updated On Fri, Mar 17th, 2023 by Saurenergy New analysis from global energy think tank Ember reveals that solar and wind drove the majority (92%) of India’s electricity capacity additions in 2022. This strong growth sets the stage for the country to assume climate leadership in the run up to the G20 summit this year. Coal accounted for only 5%. India’s solar and […] Read more
USA’s Avangrid Developing Over 500 MW Solar Farms in Texas & Ohio Updated On Thu, Mar 16th, 2023 by Saurenergy Renewable energy firm Avangrid, continues to strengthen its presence in the renewable energy industry of the USA with two new solar farms that it is constructing in Texas and Ohio. Connecticut-headquartered Avangrid said that the two solar energy projects will cumulatively generate 523.5 MW of clean and affordable power for these states. Avangrid is a […] Read more
