Panasonic, Tesla Set to Scrap Partnership for Solar Cell Production Updated On Wed, Feb 26th, 2020 by Saurenergy Japanese electronics major Panasonic Corporation and US electric vehicle (EV) manufacturer Tesla are looking to scrap their partnership for producing solar cells at production facility in New York (NY), as per the media reports. As per the Nikkei report, the two companies were struggling to scale up their production at Tesla’s Gigafactory 2 in Buffalo, […] Read more
Behind China’s Energy Transition-Huanghe Hydro’s Solar Shift Updated On Wed, Feb 26th, 2020 by Saurenergy As the energy transition picks pace, traditional energy firms worldwide have struggled to adapt. While the fossil fuel global majors have barely done a little better than actually resisting change, some others have been adapting, quietly. Be it India’s thermal giant NTPC with its plan to add 10 GW renewables generation capacity by 2024, or […] Read more
The Perfect Storm 2020 Updated On Tue, Feb 25th, 2020 by Saurenergy Problems demanding solutions are piling up. How will India’s solar sector save 2020? Budget 2020, which carried the hopes of many leaders in the solar sector, has finally come and gone. Even as industry welcomed it with the usual platitudes of ‘good intent’, ‘long term planning’ and praise for the ‘higher allocation’ for renewable energy, […] Read more
Pacifico Energy Commences Work on 111 MW Solar Plant in Japan Updated On Tue, Feb 25th, 2020 by Saurenergy Pacifico Energy has announced that it has commencement of construction of a 111.055 MW (DC) solar power plant in the Wakayama Prefecture of Japan. Tokyo headquartered Pacifico Energy has announced that it has commencement of construction of a 111.055 MW (DC) solar power generation plant in Nishimuro-gun, Wakayama Prefecture of Japan. The Plant, the first […] Read more
LG Chem to be Exclusive Supplier of EV Batteries for US-Based Lucid Motors Updated On Tue, Feb 25th, 2020 by Saurenergy LG Chem has signed an agreement with EV maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs until 2023. LG Chem has signed an agreement with electric vehicle (EV) maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs from the second half of this year until 2023. The South Korean EV battery […] Read more
Coronavirus Outbreak a Cause of Concern for Domestic Solar Energy Industry: ICRA Updated On Tue, Feb 25th, 2020 by Saurenergy ICRA has said that the outbreak of coronavirus in China poses a concern for domestic solar developers and OEMs due to disruption in the supply chain Rating agency ICRA has said that the outbreak of (COVID-19) coronavirus in China poses a concern for domestic solar developers and original equipment manufacturers (OEMs) due to disruption in the supply […] Read more
Trina Solar Exceeds 10 GW Mark for Global Module Shipments in 2019 Updated On Tue, Feb 25th, 2020 by Saurenergy The global solar PV module shipments for Trina Solar passed a new milestone in 2019, topping 10 GW for the year, according to new data. The global solar PV module shipments for Trina Solar passed a new milestone in 2019, topping 10 GW for the year. According to the 2019 module shipment ranking released by […] Read more
Leclanché Secures $65 Mn Loan Facility to Expand Operations Updated On Mon, Feb 24th, 2020 by Saurenergy Leclanché has signed an agreement with Yorkville Advisors for an unsecured convertible loan facility with a maximum ceiling of USD 40 million. One of the world’s leading energy storage companies Leclanché has signed an agreement with Yorkville Advisors Global, a New Jersey-based investment firm providing for an unsecured convertible loan facility with a maximum ceiling […] Read more
MNRE to Soon Issue Relief Guidelines for Solar Projects Delayed By Coronavirus Updated On Sat, Feb 22nd, 2020 by Saurenergy With an aim to save renewable energy developers from expected delays in project commissioning on the back of lack of supply from China due to spread of coronavirus, the Ministry of New and Renewable Energy (MNRE) will provide extra time for such developers. The move is expected to be in line with the earlier clarification […] Read more
