Tongwei Earns $462.3 Million Net Profit in H1 FY21 Updated On Thu, Aug 26th, 2021 by Saurenergy Chinese solar equipment manufacturer Tongwei saw an almost three-fold increase in its profits in the first half of 2021 as a result of prices rising throughout the solar value chain during this period. In H1 FY21, Tongwei’s operating revenue was RMB26.5 billion (US$4 billion), up nearly 42% year-on-year. Net profit nearly trebled to RMB3 billion […] Read more
World’s Module Capacity to Grow in ’21; Southeast Asia 2nd Top Supplier Updated On Thu, Aug 26th, 2021 by Saurenergy Up to 400 GW of nameplate solar module manufacturing capacity and nearly 325 GW of nameplate cell capacity could be online by the end of 2021, says a new report. Southeast Asia is the second top production location for cell and module suppliers, following China and Taiwan, which are at the top. Clean Energy Associates […] Read more
OMERS Infrastructure to Pay $219 M for 19.4% Stake in Azure Power Updated On Mon, Aug 2nd, 2021 by Saurenergy Canada-based OMERS Infrastructure recently announced that it has signed a Stock Purchase Agreement to acquire from International Finance Corporation and IFC GIF Investment Company I an approximately 19.4% stake in Azure Power Global Limited, for a total consideration of approximately US$219 million. Founded in 2008, Azure Power is a leading independent renewable power producer located […] Read more
$150 Billion Green Deals in India by 2030 Updated On Thu, Jul 29th, 2021 by Saurenergy International investors expect $150 billion green deals in the Indian Renewables Energy sector by 2030. The money would be a function of both capacity additions in the market as well as trading between players. India’s renewables growth has been in the eyes of international investors and bankers and they are seeking green deals in the […] Read more
Premier Energies to Invest ₹1200 Cr for Additional 2 GW Capacity Updated On Wed, Jul 28th, 2021 by Saurenergy Telangana-based Premier Energies is planning to expand its annual manufacturing capacity by 2 GW through an investment of around Rs 1,200 crore over the next 2 years. The solar PV cells and module maker’s existing capacity stands at 1 GW. Chiranjeev Saluja, Founder and Managing Director, Premier Energies, has said, “The plan is to be […] Read more
Waaree Completes 300 MW Production for US Order Updated On Tue, Jul 27th, 2021 by Saurenergy Waaree Energies Ltd., the over Rs 2000 crore Mumbai-based solar manufacturing firm has completed the production of 300+ MW solar modules for Aquamarine, a 250-MW solar photovoltaic project that is part of the first phase of Westlands Solar Park (WSP) in California’s San Joaquin Valley. WAAREE has provided 385, 390 Wp Mono PERC Solar PV […] Read more
Sungrow Supplies Inverters to 120 MW C&I Rooftop PV Plant in China Updated On Thu, Jul 22nd, 2021 by Saurenergy Sungrow supplied its inverter solutions to the largest commercial & industrial rooftop PV plant in Shandong. China’s global inverter solution supplier for renewables, Sungrow has announced that it has supplied inverter solutions to the largest commercial & industrial rooftop PV plant, endowing a capacity of 120 MW, in Jining, China’s Shandong province. Located in the […] Read more
Cosmic PV Power Begins Module Production at New Facility in Surat Updated On Tue, Jul 6th, 2021 by Saurenergy Gujarat-based Cosmic PV Power has started producing high-efficiency solar modules at full capacity at its new Surat plant. The factory can produce up to 450Wp high efficient Modules by using single & multi-crystalline cells. The company is especially focusing more on making efficient Mono PERC Products. In recent time, the demand for solar photovoltaic modules has […] Read more
R.K. Singh Press Conference- Rules On Green Tariff Coming, More.. Updated On Tue, Jun 22nd, 2021 by Saurenergy At a virtual press conference linked to India’s role as a Global Champion for the Energy Transition theme at the UN High Level Dialogue on Energy 2021, Mr R.K. Singh, Minister of State (I/C) for Ministry of Power and MNRE and Minister of State for Ministry of Skill Development and Entrepreneurship, the Minister held forth […] Read more
