LONGi Rated With Highest Altman-Z Score by BloombergNEF Updated On Wed, Mar 4th, 2020 by Saurenergy LONGi has been rated with the highest Altman Z score of all the publicly quoted pure-play solar manufacturers by BloombergNEF In February, BloombergNEF, a leading provider of global PV business dynamics and financial information had released the “1Q 2020 Global PV Market Outlook”. LONGi, which is one of the world’s leading solar module manufacturer, was […] Read more
No Compulsion to Import Modules From China Amid Coronavirus Outbreak: RK Singh Updated On Wed, Mar 4th, 2020 by Saurenergy India’s solar industry is under no compulsion to import solar modules from China following the coronavirus outbreak, Power Minister RK Singh has said India’s solar industry is under no compulsion to import solar cells or modules from China following the coronavirus outbreak, power and new & renewable energy minister RK Singh has said. “The solar […] Read more
What India’s Large Storage Tender Means for Its Coal Thermal Sector Updated On Mon, Mar 2nd, 2020 by Saurenergy Coal, despite its stubborn persistence to the country’s energy needs, might have seen the beginning of the end. The lead indicator? Prices discovered in the largest ever renewable plus storage tender by SECI. In August 2019, SECI, the country’s primary nodal agency for renewable energy auctions and purchases came out with a huge tender. On […] Read more
We Hope Deeper Cooperation with India by Setting up Factories Here: Idrish Khan Updated On Fri, Feb 28th, 2020 by Saurenergy Setting up manufacturing base in India is one of our future plans. India is a large country with growing photovoltaic product consumption and has huge potential. As Indian government is encouraging the Make in India concept. We also hope to deeper cooperation with India by setting up factories in India in the future and provide […] Read more
Energy Storage to Accelerate Global Energy Transition: WoodMac Updated On Tue, Feb 25th, 2020 by Saurenergy The global energy storage market is set to grow from 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according to a new analysis The global energy storage market is set to grow from approximately 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according […] Read more
KEC Expands Global Footprint; Acquires Transmission Tower Mfg Unit in Dubai Updated On Mon, Feb 24th, 2020 by Saurenergy RPG Group flagship firm KEC International (KEC), through its arm KEC Towers LLC, has acquired an automated transmission tower manufacturing facility in mainland Dubai, United Arab Emirates (UAE). The global infrastructure Engineering, Procurement and Construction (EPC) major has won Dubai-based facility, with a capacity of 50,000 tons p.a., in an auction sale conducted by the Emirates Auction Authority. The BSE-listed company […] Read more
Leclanché Secures $65 Mn Loan Facility to Expand Operations Updated On Mon, Feb 24th, 2020 by Saurenergy Leclanché has signed an agreement with Yorkville Advisors for an unsecured convertible loan facility with a maximum ceiling of USD 40 million. One of the world’s leading energy storage companies Leclanché has signed an agreement with Yorkville Advisors Global, a New Jersey-based investment firm providing for an unsecured convertible loan facility with a maximum ceiling […] Read more
Coronavirus Halts Progress for Aurangabad Firms’ Dependent on Chinese Imports Updated On Wed, Feb 19th, 2020 by Saurenergy The coronavirus outbreak has hit Aurangabad, a prominent manufacturing hub, with companies finding difficult to procure substitutes for Chinese parts The coronavirus outbreak has hit industries in Maharashtra’s Aurangabad district, a prominent manufacturing hub, with companies finding it difficult to procure substitutes for Chinese parts. Companies have started sourcing products from other countries to continue their manufacturing without […] Read more
Sungrow- Breaking Stereotypes Updated On Wed, Feb 19th, 2020 by Saurenergy Sungrow Power Supply Co., Ltd., or ‘Sungrow’ is a familiar name in the Indian solar sector today. Some would argue that Sungrow has as much at stake in the growth of solar in India as anyone else. Sungrow is one of the few firms, especially from China, that have set up a manufacturing plant in […] Read more