Waaree Targets 5 GW Capacity by 2021 With 3 GW Module Line From Jinchen Updated On Mon, Jan 25th, 2021 by Saurenergy Chinese module manufacturer Yingkou Jinchen Machinery Co., Ltd. (Jinchen), has announced the signing of a deal with Mumbai based manufacturer Waaree Energies for a 3 GW high efficiency photovoltaic modules automatic production line. This is the largest stand alone project for any Chinese equipment manufacturer and any firm overseas. Waaree, led by Chairman and MD […] Read more
Budget 2021. Familiar Tussle Between Developers And Manufacturers Updated On Mon, Jan 25th, 2021 by Saurenergy As the 2021 budget comes around on February 1, it is widely considered to be one of the most critical of the century, coming as it does after the Covid-19 pandemic, which is still to end. While the start of vaccination has brought in a semblance of control back to the government on its future, […] Read more
Exploring the Reasons behind Solis’ Rapid Growth Updated On Sat, Jan 23rd, 2021 by Saurenergy Zhejiang, China, 21 January 2021- 2020 is deemed to be a year that is hard to forget. It witnessed COVID-19 sweeping the world, and the global economy faltered. However, in China, new solar PV installations were up to 48.2GW in 2020, a 55% year-on-year increase. Among leading global inverter manufactures, there is a one that […] Read more
Zypp Electric to Deploy 5k Battery Swapping Stations Across 100 Cities Updated On Fri, Jan 22nd, 2021 by Saurenergy Zypp Electric is going to install EV battery swapping stations by investing Rs. 50 crores. Gurugram based provider of Electric Vehicles for last-mile delivery of essentials, Zypp Electric has set its goals of installing five thousand battery swapping stations in three years, across 100 cities. The company will install the battery swapping stations for electric […] Read more
European Renewable PPA Market Could Exceed 10 GW in 2021: Report Updated On Fri, Jan 22nd, 2021 by Saurenergy The European renewable PPA market is likely to exceed 10 GW in 2021, due to the growing offshore wind momentum throughout Europe and more. The European renewable energy power purchase agreement (PPA) market is likely to exceed 10 GW in 2021, due to continued momentum in Spain, the emergence of a strong subsidy-free market in […] Read more
Power System Overcapacity Problem in Bangladesh Getting Worse: IEEFA Updated On Fri, Jan 22nd, 2021 by Saurenergy Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note by IEEFA. Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA). Data from […] Read more
Hyundai India Signs MoU with FITT – IIT Delhi, Donates KONA Electric Updated On Thu, Jan 21st, 2021 by Saurenergy The Indian subsidiary of South Korean multinational automotive manufacturer, Hyundai Motor India Foundation has signed a Memorandum of Understanding (MoU) with Foundation for Innovation and Technology Transfer (FITT) – IIT Delhi. This collaboration is being done for IIT Delhi students to study alternate energy powered vehicles and emerging technologies to innovate new-age mobility solutions. The […] Read more
EV Startup Rivian Raises USD 2.65 Billion, Led by T. Rowe Price Updated On Wed, Jan 20th, 2021 by Saurenergy Rivian, an electric vehicle (EV) startup, provider of electric SUVs, has announced the closing of its latest investment round of USD 2.65 billion led by T. Rowe Price Associates, Inc. This round also included Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue, and D1 Capital Partners as well as several other existing and […] Read more
Urgency of Meeting Electricity Demand in China From Zero-Carbon Sources: Report Updated On Tue, Jan 19th, 2021 by Saurenergy A new report has highlighted both the opportunity and urgency of meeting electricity demand growth in China from zero-carbon sources. On September 22, 2020, President Xi Jinping announced that China will strive to peak emissions before 2030 and achieve carbon neutrality before 2060. This new climate pledge is a critical step forward in the global […] Read more
