Ginlong Technologies (Solis) Achieves Another Year of Strong Sales Growth in 2020 Updated On Fri, May 7th, 2021 by Saurenergy Ningbo, China-Ginlong Technologies Co.,Ltd. (Solis) published its 2020 annual report. In 2020, the Company’s revenue reached 321.6 million, an increase of 83% year-on-year. Net profit attributable to the shareholders was USD 48.9 million, an increase of 151% year-on-year. Net profit after the deduction of extraordinary items was USD 43.1 million, +130% year-on-year. Net cash flow […] Read more
LS Power Acquires 25 Facilities, Expands Solar Portfolio to 467 MW Updated On Fri, May 7th, 2021 by Saurenergy A North American development, investment, and operating company, LS Power has announced that it has entered the clean energy platform by acquiring 25 solar power facilities from Public Service Enterprise Group Incorporated (PSEG). LS has taken its portfolio to 467 MW of solar capacity. The solar facilities are being acquired by LS Power affiliate, Quattro […] Read more
Equinor Acquires Polish RE Firm Wento With 1.6 GW Solar Portfolio Updated On Thu, May 6th, 2021 by Saurenergy Equinor will buy 100 percent of the shares in Polish onshore renewables developer Wento from the private equity firm Enterprise Investors Equinor has completed an agreement to buy 100 percent of the shares in Polish onshore renewables developer Wento from the private equity firm Enterprise Investors for EUR 91 million in enterprise value, before customary […] Read more
Demand for Clean Minerals to Rise while Pursuing ‘Net-zero’ Goals: IEA Updated On Thu, May 6th, 2021 by Saurenergy In the most comprehensive global study yet, IEA shows need for government action to ensure reliable, sustainable supplies of elements vital for EVs, power grids, wind turbines and other key technologies Supplies of critical minerals essential for key clean energy technologies like electric vehicles and wind turbines need to pick up sharply over the coming […] Read more
Brookfield Renewable Announces Strong First Quarter Results Updated On Wed, May 5th, 2021 by Saurenergy Brookfield Renewable Partners L.P. today reported financial results for the three months ended March 31, 2021. “We had a strong quarter, as we executed on our key priorities, including investing in growth, delivering on our corporate contracting initiatives and bolstering our liquidity,” said Connor Teskey, CEO of Brookfield Renewable. “The tailwinds for renewables are accelerating as […] Read more
ACWA Power to Develop 1.5 GW Wind Project in Central Asia Updated On Wed, May 5th, 2021 by Saurenergy ACWA Power has signed an implementation agreement for the development, construction & operation of a 1.5 GW wind power project in Uzbekistan. ACWA Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants in 13 countries, signed an implementation agreement with the Ministry of Investments & Foreign Trade and the […] Read more
Goldi Solar Completes 24+ MW Solar Module Supply for Solarization of LS Mills Limited Updated On Tue, May 4th, 2021 by Saurenergy Goldi Solar, India’s most quality conscious solar brand has completed a 24+ MW supply order of solar modules to LS Mills, a leading textile company based in Theni, Tamil Nadu. The modules are for a project based in Aviyoor, Virudhunagar District of Tamil Nadu commissioned in March 2021. Goldi Solar’s 71690 high efficiency solar panels […] Read more
LONGi to Supply 600 MW Modules for JV With Engie Updated On Mon, May 3rd, 2021 by Saurenergy Xi’an-headquartered major solar PV manufacturer LONGi recently announced the signing of a framework agreement with Engie Solar (Engie Group), a French multinational electric utility company. To kickstart the process, 600 MW of the Chinese manufacturer’s high efficiency PV modules have been committed for projects in several geographies. Dennis She, Senior Vice President of LONGi Solar, commented, “LONGi […] Read more
ReneSola Power Releases Preliminary First Quarter 2021 Results Updated On Mon, May 3rd, 2021 by Saurenergy Connecticut-headquartered solar project developer and operator ReneSola Ltd recently announced its preliminary unaudited financial results for the first quarter of fiscal year 2021, based on which the company now expects revenue for the first quarter of 2021 to exceed $20 million, higher than the previously announced guidance range of $18 million to $20 million. Additionally, gross margin […] Read more
