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
The Reliance Effect On Solar. Who Should Worry? Updated On Mon, Jun 28th, 2021 by Saurenergy When Mukesh Ambani, Chairman of Reliance Industries stepped up to announce the conglomerate’s plans last week on June 24, anticipation was high. On the menu were announcements related to a much awaited $15 billion deal with Saudi Aramco, the World’s largest oil firm, for an oil to chemicals spinoff and and investment, and the contours […] 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
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
Solar Gets Its Big Hitter In India As Reliance Announces Rs 75,000 Cr Investment Plan Updated On Thu, Jun 24th, 2021 by Saurenergy After hinting at big plans in the renewable energy sector last year, India’s largest private sector enterprise, Reliance Industries limited, has finally announced its plans. The company’s Chairman, Mukesh Ambani, picked the firm’s 44th Annual General Meeting (AGM) for its shareholders, as usual, to make the big announcements. The key announcements, and their implications for […] Read more
PwC Report Claims Solar Thermal is Best for Nighttime Electricity Generation in Spain Updated On Thu, Jun 24th, 2021 by Saurenergy Spanish solar thermal companies are present in more than three-quarters of the world’s projects, becoming a successful case of technology export in the category. In addition to new plants awarded by auctions to comply with the PNIEC (National Plan for Energy and Climate), there are possibilities to expand existing plants to have more night-time renewable […] Read more
Lightsource bp Invests in 703 MW Spanish Solar Projects Updated On Thu, Jun 24th, 2021 by Saurenergy Europe’s largest solar developer Lightsource bp has invested 475 million euros (USD 566 million) to acquire a pipeline of three solar projects in Spain from Spanish company Grupo Jorge. The three projects totaling 703 MW are located in Aragon. Aragon is a landlocked region in northeastern Spain comprising the provinces of Huesca, Zaragoza, and Teruel. […] Read more
“India Is Key To Doubling EDF’s RE Capacity By 2030”, Harmanjit Nagi Updated On Thu, Jun 24th, 2021 by Saurenergy The Euro 69 Billion French energy major EDF is one of the few unapologetic champions of nuclear energy, seeing it as a critical support for the world to achieve its climate ambitions. The firm produces over 75% of its energy from nuclear power, with a recent focus on other renewable sources too. In India, the […] Read more
