LONGi Issues 2018 Q3 Report: Revenue Rose 35.26% Compared to the Same 3 Quarters in 2017 to USD 2.11 Billion Updated On Thu, Nov 1st, 2018 by Saurenergy Yesterday, LONGi Green Energy Technology Co., Ltd. (601012.SH) released its 2018 Q3 financial report, which showed: In the first three quarters of 2018, LONGi realized revenue of USD 2.11 billion, up 35.26% compared to the same 3 quarters in 2017. Net profit attributable to the parent company was USD 242.83 million. LONGi’s revenue has steadily […] Read more
Marathon Capital Sells OCI Solar Power’s 66MW Project Ivory to DESRI Updated On Tue, Oct 23rd, 2018 by Saurenergy The project, located in Dawson County, Texas, is anticipated to reach commercial operation in November 2018. One of the leading financial advisory and investment banking firm Marathon Capital has sold OCI Solar Power’s 66 MWDC in-construction solar photovoltaic project (Project Ivory) to D. E. Shaw Renewable Investments (DESRI). However, the company said that, OCI Solar Power funded the […] Read more
CDPQ Raises Stake in Azure Power to 40% via $100 Mn Addl Investment Updated On Mon, Oct 22nd, 2018 by Saurenergy Post this new investment, the total amount invested by CDPQ in Azure Power grew to USD 240 million. Canada’s one of the leading institutional fund managers, La Caisse de dépôt et placement du Québec (CDPQ) has raised its shareholding in Azure Power Global, India-based solar firm, to 40 percent through USD 100 million contribution to the company’s recent […] Read more
DELTA DELCEN HV SERIES – 1500vdc Grid Tied Solar Central Outdoor Inverter Updated On Mon, Oct 15th, 2018 by Saurenergy The continuous evolution of Solar panel technology to higher DC Voltages up to 1500V has helped to lower the Balance of system costs, higher output power capability leading to reduction in Energy production costs. Delta’s commitment to be on par and adapt with this latest technology developments of other interactive systems has led to the […] Read more
$141 Bn Batteries Market to 2022; Hybrid & EVs Largest Driver: Report Updated On Thu, Oct 11th, 2018 by Saurenergy Hybrid and Electric Vehicles (HEVs) to be the largest driver of growth; Grid storage market expanding quickly from small base. The global demand for batteries is forecasted to grow 9.8 percent per year to USD 141 billion in 2022, as per the ResearchAndMarkets report “Global Batteries by Product and Market, 11th Edition”. Further, the growth will […] Read more
US Keen to Invest in India’s Infra, Port, Solar Sector Development, says OPIC Updated On Tue, Oct 9th, 2018 by Saurenergy He, however, added that OPIC does not have any numerical target for investments in India, and the development finance institution is looking at the merits of the projects in India. OPIC is eagerly interested to invest in the development of India’s infrastructure, port and solar energy sectors, said David Bohigian, Executive Vice-President, Overseas Private Investment Corporation (OPIC) […] Read more
RE Invest Aims to Showcase India’s Performance; Subsides Investment Updated On Mon, Oct 8th, 2018 by Saurenergy Ministry of New and Renewable Energy (MNRE)’s flagship event, RE Invest, to promote the spread of renewable energy has this time aimed at exchange of ideas between state and private players. Unlike the first RE Invest held in 2015, the second RE Invest has rather chose to showcase India’s achievements in the renewable energy sector […] Read more
Braking Global Warming at 1.5 Degree Celsius Calls ‘Unprecedented Changes’: IPCC Updated On Mon, Oct 8th, 2018 by Saurenergy IPCC has, on its shoulders, the task of providing the policymakers with a regular assessment of the scientific basis of climate change along with its impacts and future risks like global warming. While hundreds of scientists and government representatives from across the world contributing their inputs on climate change and resultant increasing global warming during […] Read more
Over 10,000 people attend Re-Invest 2018 on day one; event a grand success Updated On Thu, Oct 4th, 2018 by Saurenergy Over 10,000 people attended the 2nd Global RE-Invest India-ISA Partnership Renewable Energy Experts’ Meet & Expo (RE-Invest 2018) on day one, the 3rd, October, 2018 at Greater Noida. This included over 5000 delegates and180 exhibitors. There were 354 business to business bilateral meetings held on day one.The power-packed sessions included the First Assembly of the […] Read more
