Bangladesh Module Manufacturers Need Stimulus to Maintain Operations: GlobalData Updated On Tue, May 12th, 2020 by Saurenergy The Solar Module Manufacturers Association Bangladesh have requested for government support after operations took a hit due to the COVID-19 industrial lockdown; Somik Das of GlobalData has commented on the situation. Following the news that the Solar Module Manufacturers Association Bangladesh (SMMAB) requested for government support after operations took a hit due to the 40-day […] Read more
Vestas Breaks Record, Installs Over 10GW Wind Turbines in 2019: WoodMac Updated On Mon, May 11th, 2020 by Saurenergy Danish wind turbine maker Vestas has now become the first wind turbine manufacturer to install over 10 GW of wind capacity in a single year in 2019, as said by the global energy research & consultancy firm. The Denmark-headquartered OEM’s grid-connected capacity of 11.3 GW in 2019 is an increase of 1.5 GW on 2018, […] Read more
Philippines Central Bank Offers Support for Energy Transition and Renewables: IEEFA Updated On Mon, May 11th, 2020 by Saurenergy The Philippines’ Central Bank has approved a Sustainable Finance Framework to offer new support for energy transition and renewables. The Philippines’ Central Bank (Bangko Sentral ng Pilipinas) has approved a Sustainable Finance Framework to safeguard the financial system from the evolving material hazards from climate change and energy transition risk including stranded assets, the Institute […] Read more
ARENA to Support BP Study to Scale Renewable Hydrogen in Australia Updated On Mon, May 11th, 2020 by Saurenergy ARENA has announced AUD 1.71 million in funding to BP Australia to assess the feasibility of building a renewable hydrogen facility in Western Australia. On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced AUD 1.71 million in funding to BP Australia Pty Ltd (BP Australia) to assess the feasibility of […] Read more
Domestic Solar Manufacturing Could Benefit From Pandemic Updated On Mon, May 11th, 2020 by Saurenergy Supply disruption from China and the decline in domestic solar capacity addition due to the pandemic offers a golden opportunity to local solar manufacturing The supply disruption from China due to the COVID-19 pandemic and subsequent decline in domestic solar capacity addition offers a golden opportunity to ramp up local manufacturing of solar modules and […] Read more
Vestas Reports Operating Loss for Q1 2020 Despite Strong Sales Updated On Wed, May 6th, 2020 by Saurenergy Vestas has issued its interim financial report for Q1 2020, reporting increased order intake and a booming order backlog amid an operating loss of EUR 54 mn Global wind turbine manufacturer Vestas has issued its interim financial report for the first quarter (Q1) of 2020. The firm has reported that its revenue increased compared to […] Read more
Will India have greater success with manufacturing when it comes to energy storage? Updated On Tue, May 5th, 2020 by Saurenergy The ongoing global economic crisis due to the coronavirus pandemic has raised concerns about India’s dependence on imports and strongly put the case for encouraging domestic manufacturing in the country. Though, the government also aimed to support the industry but the road towards this is filled with lot of challenges, which needs to be sorted […] Read more
B’desh Unveils $218.7Mn Green Transformation Fund to Offer Easy Financing for Solar Developers Updated On Tue, May 5th, 2020 by Saurenergy With an aim to make financing easily available post-coronavirus, Bangladesh has introduced a USD 218.7 million (EUR 200 million) Green Transformation Fund (GTF) so that soft loans can be provided to solar developers, other environment-friendly products and importers of Eurozone’s energy efficiency components. Moreover, the fund issued is in addition to its existing USD 200 […] Read more
MicroSun Solar Resumes Manufacturing amidst Strict Safety Measures Updated On Mon, May 4th, 2020 by Saurenergy Amidst strict measures followed as per the government directives, MicroSun Solar, a solar photovoltaic (PV) module manufacturing company, has resumed operations at its Bangalore factories and opened all warehouses across the country. While talking to Saur Energy, the company informed that “it has resumed operations from May 04, 2020, onwards, in compliance with all the […] Read more
