JinkoSolar: A Big Jump in Sales and Margin in 2018 Updated On Wed, Mar 27th, 2019 by Saurenergy Chinese Solar module manufacturing giant JinkoSolar has reported a sizeable jump in its shipments and margins in 2018. The news was revealed in the company’s 2018 financial results, published March 22. For 2018 on a consolidated basis across its business, JinkoSolar posted a module shipment of 11.4GW in 2018 — a 16 percent increase from the previous year, […] Read more
South Korea Unlikely to Meet 2030 Renewables Target : WoodMac Updated On Wed, Mar 27th, 2019 by Saurenergy South Korea is unlikely to meet its 2030 renewables target, according to consultancy firm Wood Mackenzie. According to the consultancy’s analysis, renewables will account for about 17% of the country’s power mix, a little shy of its original target. Shortly after Moon Jae-in took over the reins as President, the South Korean government unveiled its […] Read more
131 Public EV Charging Stations Planned in Next 3 Months For the Capital Updated On Tue, Mar 26th, 2019 by Saurenergy National Capital Region of Delhi is reportedly getting 131 new public charging stations for electric vehicles in the next three months. These chargers will provide people with easy access to recharging facilities and the locations of these charging stations have been decided so as to cater to the EV charging needs of consumers coming from […] Read more
Sembcorp Commissions YCH’s 2.8 MW Rooftop Solar Plant Updated On Tue, Mar 26th, 2019 by Saurenergy 8000 solar panels are expected to generate over 3,400 MW hours of green power annually. Integrated energy player Sembcorp and Singapore’s largest home-grown integrated logistics provider YCH Group have announced the completion of a 2.8 MW peak rooftop solar farm built, owned and operated by Sembcorp atop Supply Chain City, YCH’s 2 million square foot […] Read more
DEWA & ACWA Power Reach Financial Closing on 950MW 4th Phase of MbRAM Solar Park Updated On Mon, Mar 25th, 2019 by Saurenergy The solar park will produce 5,000 MW by 2030 with investments totaling AED 50 billion. Dubai Electricity and Water Authority (DEWA) and the consortium led by Saudi Arabia’s ACWA Power and Silk Road Fund, which is owned by the Chinese Government, announced the financial closing of the 950 MW fourth phase of the Mohammed bin […] Read more
ADB and LEAP Sign $18.7 Mn Loan Agreement For Financing 5MW Solar Plant in Mongolia Updated On Fri, Mar 22nd, 2019 by Saurenergy The loan agreement marks ADB’s first co-financing with LEAP in Mongolia’s renewable energy sector. The Asian Development Bank (ADB) and the Leading Asia’s Private Infrastructure Fund (LEAP) today signed an $18.7 million loan with Sermsang Power Corporation Public Company Limited (SSP) and Tenuun Gerel Construction LLC (TGC) to build, operate, and maintain a 15 MW […] Read more
ENEL Acquires 650 MW of Renewable Capacity From EGPNA REP Updated On Wed, Mar 20th, 2019 by Saurenergy The overall consideration paid for the transaction amounts to approximately 256 million US dollars, for an enterprise value equal to around 900 million US dollars. Enel S.p.A., acting through its renewable subsidiary Enel Green Power North America Inc. (EGPNA), finalised the acquisition of 100 percent of seven fully operational renewable plants totalling 650 MW from […] Read more
China’s Ambitious Solar Power Space Project is a bet on the future Updated On Wed, Mar 20th, 2019 by Saurenergy China plans to have a solar power station orbiting the earth at 36,000 km, allowing it to tap the energy of the sun’s rays without interference from the atmosphere or loss of sunlight. According to Chinese media, the country is working on plans to build a solar farm in space. The project is hugely ambitious […] Read more
KIA and Amazon Partner to Develop Efficient Home Charging Systems For EVs Updated On Wed, Mar 20th, 2019 by Saurenergy Online retailer Amazon and South Korean automaker Kia have teamed up to provide one-stop shopping for chargers, in what is just the start of the retail giant’s reach toward EV and hybrid buyers. Korean car company KIA has become the second car company to team up with Amazon to simplify the installation of home charging equipment […] Read more