JinkoSolar’s Subsidiary to Invest RMB315 million in Polysilicon Production Line Updated On Tue, Jun 22nd, 2021 by Saurenergy Leading solar module manufacturer, JinkoSolar Holding Co., Ltd., yesterday announced its holding subsidiary, Shangrao JinkoSolar Industry Development Co., Ltd. plans to invest RMB 315 million (China’s official currency) equivalent to USD 48.4 million (Rs 360 crores approx) of monetary capital to increase capital and shares in Inner Mongolia Xinte Silicon Materials Co., Ltd. Inner Mongolia […] Read more
Azure Q4 Results. Firm Expects Tariff Markdown for 4 GW Manufacturing Tender Win Updated On Thu, Jun 17th, 2021 by Saurenergy Azure Power Global Limited announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the fiscal fourth quarter 2021, period ended March 31, 2021 yesterday. The firm is listed at the New York Stock Exchange, the first power firm from India to achieve the same. Key Operating Highlights: Megawatts (“MW”) Operating* were 1,990 MWs, […] Read more
Goldi Solar to Expand Capacity to 2.5 GW with New Plant in Gujarat Updated On Tue, Jun 15th, 2021 by Saurenergy Solar Panel manufacturer and EPC provider Goldi Solar has announced its plans to increase its manufacturing capacity to 2.5 GW with a new facility on the outskirts of Surat, Gujarat. Presently, the existing facility has a capacity of 500 MW and the expansion of 2 GW has been planned in two stages. The first phase […] Read more
Vaibhav Global Limited Launches Company-Owned Solar Power Plant Updated On Mon, Jun 14th, 2021 by Saurenergy A multi-national Indian electronic retailer, wholesaler, and fashion jewelry manufacturer, Vaibhav Global Limited (VGL) has announced that it is now a 100 percent solar-powered company by launching its owned and operated solar power plant. Two of the company’s primary manufacturing facilities will be powered by solar-generated electricity. In addition to this, the company will also […] Read more
Solar Powered Irrigation Would Accelerate India’s Energy Transition: IEEFA Updated On Mon, Jun 14th, 2021 by Saurenergy In a new report, the Institute for Energy Economics and Financial Analysis (IEEFA) says that solar pumps help to expand distributed solar generation while catering to agriculture’s vast power demand. And in India, Solar-powered irrigation can help achieve its Energy Transition as the country is already lagging far behind its near-term target of 40GW of […] Read more
Chinese Module Maker Yingli Solar Seeks A Comeback Updated On Fri, Jun 11th, 2021 by Saurenergy Yingli Solar, which was once the largest manufacturer of solar panels in the world and the first Chinese company to sponsor the FIFA World Cup TM, has announced plans to make a serious comeback. The Hebei province-based firm, which slipped from a peak turnover of over $2.4 billion in 2011 to less than $650 million […] Read more
World’s 1st Solar-Hydro Plant for Longer Duration Energy Storage: ARENA Updated On Thu, Jun 10th, 2021 by Saurenergy On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced $15 million in funding to RayGen Resources Pty Ltd (RayGen) to construct its first of a kind ‘solar hydro’ power plant comprising 4 MW of solar PV generation and 3 MW / 50 MWh (17 hours) of dispatchable storage capacity […] Read more
PSU Gas Major GAIL To Join Solar Bandwagon Updated On Thu, Jun 10th, 2021 by Saurenergy Gas Authority of India Limited (GAIL), the largest operator of gas pipelines in the country, has announced plans to enter solar power development. GAIL commands ~70% market share in gas transmission and has a Gas trading share of over ~ 50% in India. GAIL and its Subsidiaries / JVs also have a formidable market share […] Read more
Cell Shortage Forces Timeline Extension by MNRE For CPSU Phase II Solar Updated On Tue, Jun 8th, 2021 by Saurenergy As predicted by many Industry experts, domestic cell production has failed to keep up with demand for various central schemes that mandate local sourcing. Now the Ministry of New And Renewable Energy (MNRE) has stepped in to provide and extension to projects under tranche I and II of the CPSU Phase II scheme. The MNRE […] Read more
