Sterling and Wilson Solar Q4 2021 Results-Heavy Losses Updated On Wed, Jun 30th, 2021 by Saurenergy The Shapoorji Pallonjee Group’s Sterling and Wilson Solar, on Tuesday, announced their March results and the story is not good. Having already informed exchanges about hits the firm took in the quarter from a contractor’s bankruptcy, and other issues, the firm slipped into losses for the year. The firm had earlier issued a warning regarding […] Read more
Trina Solar’s 670W Vertex Modules Certified for Extreme Snow-Load Updated On Tue, Jun 29th, 2021 by Saurenergy China’s solar panel manufacturers, Trina Solar has completed non-uniform snow-load testing at the China General Certification (CGC) East China PV Testing Center with its new-generation Vertex 670W modules. The data demonstrate the critical snow-load of Trina Solar’s five modules exceeded 6,600 Pa, getting up to 7,000 Pa, equivalent to the pressure generated by 2.8 meters […] Read more
JinkoSolar & Canadian Solar Subsidiaries Apply to Get Listed on SSE Updated On Tue, Jun 29th, 2021 by Saurenergy Major solar module manufacturing firms JinkoSolar Holding Co., Ltd. and Canadian Solar Inc. announced yesterday the submission of application documents for a potential initial public offering and listing on the Shanghai Stock Exchange‘s Sci-Tech innovation board (the STAR Market), a stock exchange intended to support innovative companies in China, by their subsidiaries. Both the companies revealed their […] Read more
LNJ Bhilwara Group Forays into Energy Storage Segment Updated On Mon, Jun 28th, 2021 by Saurenergy The Rs 7300 crore turnover LNJ Bhilwara Group, today announced its entry into the lithium-ion battery business through its private promoter entities. The group has entered into a joint venture with ReplusEngitech Pvt Ltd, a Pune-based company pioneering advanced energy storage products and solutions to establish a 1GWh plant for Lithium-Ion Battery Modules & Packs, […] Read more
NTPC Targets to Install 60 GWs Renewable Energy by 2032 Updated On Mon, Jun 28th, 2021 by Saurenergy India’s largest integrated energy company, National Thermal Power Corporation Ltd (NTPC), has become the first Indian energy company to declare its Energy Compact goals as part of UN High-level Dialogue on Energy (HLDE). It has announced its sustainability energy compact targets. As per the official release by the ministry, NTPC has set a target to […] Read more
JinkoSolar’s Q1 FY21 Results. Key Highlights And Guidance For the Future Updated On Mon, Jun 28th, 2021 by Saurenergy One of the largest solar module manufacturers from China, JinkoSolar, announced a mixed set of unaudited financial results for the first quarter ended March 31, 2021 (Q1 FY2021). The company has received total revenues in the Q1 Fy2021 were RMB7.94 billion (USD 1.21 billion), a decrease of 15.7percent from RMB9.42 billion in the Q4 FY2020 […] Read more
Canadian Solar Secures EUR 50 Million For Project Development in EMEA Updated On Fri, Jun 25th, 2021 by Saurenergy One of the leading solar PV module manufacturers, Canadian Solar Inc. has announced securing a Euro 50 million bilateral corporate facility with Banco Santander, S.A. The facility will support growth at Canadian Solar’s Global Energy business as it executes and expands on its project development pipeline in Europe, Middle East, and Africa (EMEA) region, and […] Read more
Risen Energies To Invest $10 bn To Set Up Solar PV Cell Factory in Malaysia Updated On Fri, Jun 25th, 2021 by Saurenergy China-based solar company Risen Energy Co. Ltd yesterday announced its first investment in Southeast Asia, with the aim to produce 3GW of high-efficiency photovoltaic modules to meet growing global demand. The company is expanding its global footprint by opening its latest production base in Kulim Hi-Tech Park, Kedah, Malaysia, in response to the strong support […] Read more
Response to MSEDCL And RUMSL Tenders Indicates Resilience In Solar Market Updated On Fri, Jun 25th, 2021 by Saurenergy Two recent tenders, by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for 500 MW of Wind-Solar Hybrid power, and another one by Madhya Pradesh’s RUMSL Agar Solar Park for 550 MW, have thrown up some pleasant surprises. Contrary to fears expressed by some Industry insiders we had spoken to last month, where they were […] Read more
