China-Based Gotion to Foray into Japanese Market Following Agreement with Edison Power Updated On Mon, Mar 20th, 2023 by Saurenergy China-based manufacturer of lithium-ion power batteries Gotion High-tech has joined hands with Edison Power Co., a renewable energy and energy storage developer, for the development of large storage battery and recycling market in Japan. This partnership will also mark the entry of Gotion into Japan. Gotion High-tech will be responsible for the supply of cells, […] Read more
SOLARCYCLE Raises $30 Million for Advanced Recycling Updated On Thu, Mar 16th, 2023 by Saurenergy Texas-based recycling start-up SOLARCYCLE that produces sustainable materials at scale for the solar industry, has raised $30 million in Series A funding. Now the total funding stands at $37 million since its inception a year ago. SOLARCYCLE said that the funds, consisting of both company equity and infrastructure financing, will be used to scale its […] Read more
Belgian Solar Manufacturer Belinus to Build 5 GW Solar Module Facility in Belgium, Georgia Updated On Wed, Mar 15th, 2023 by Saurenergy Belinus, the Belgian solar manufacturer giant, will be constructing a 5GW solar PV module manufacturing facility in Belgium and Georgia. It said that the solar module factory will be operational by the end of 2025. Belinus held that the solar module factory will be developed in two phases. In the First Phase Belinus will build […] Read more
Chinese Battery Giant CATL Announces 2022 Results, Almost Doubles Profit Updated On Mon, Mar 13th, 2023 by Saurenergy Chinese battery giant Contemporary Amperex Technology Limited (CATL) has announced its financial results and said that it almost doubled its net profit in 2022 due to the booming electric vehicle market at home. CATL said that its net profit increased by 93 per cent to $4.4 billion in 2022 year on year. The company disclosure […] Read more
MNRE Looks to Develop Pipavav, Tuticorin Ports for Offshore Wind Updated On Mon, Mar 13th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) will soon share a proposal with the Ministry of Shipping. The proposal will look at the development of the ports in Gujarat (Pipavav) and Tamil Nadu (Tuticorin). The aim will be to handle offshore wind project cargo. Under the ambit of MNRE, The National Institute of Wind […] Read more
JinkoSolar Announces Financial Results; Net Profit Stands at $96 Million Updated On Mon, Mar 13th, 2023 by Saurenergy JinkoSolar Holding Company that claims to be one of the largest and innovative solar module makers in the world, has announced its financial results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter Results of 2022 JinkoSolar said that the quarterly shipments were 16,802 MW solar modules, cells and wafers which […] Read more
Utility Scale Solar Takes Biggest Hit in 2022 In US as 20.2 GW Fresh Capacity Added Updated On Fri, Mar 10th, 2023 by Saurenergy A report from the developer led industry body Solar Energy Industries Association and WoodMac says that the United States added 20.2 gigawatts (GW) of new solar capacity in 2022, a 16% decrease from 2021. This was due in large part to an investigation into new anti-circumvention tariffs by the U.S. Department of Commerce, as well […] Read more
FuturaSun Plans New 2 GW Solar Module Facility in Italy Updated On Fri, Mar 10th, 2023 by Saurenergy European solar module maker headquartered in Italy, FuturaSun has announced that it has acquired a 24,000 sq meters plot of land in the industrial area of Cittadella (Padua) to establish a new Italian solar module Gigafactory. FuturaSun said that the new factory will reach a 2 GW annual production capacity of high-efficiency photovoltaic modules that […] Read more
Wind Market Blows to 44 GW in Global Orders in Q4 ’22 on Chinese Orders Updated On Thu, Mar 9th, 2023 by Saurenergy As per Wood Mackenzie, in 2022, global wind turbine order intake peaked to new heights. While 44 gigawatts (GW) was procured in Q4, 134.6 GW was recorded for the year. Both the numbers have set new records. Yearly investment touched an estimated $74.2 billion and saw domination in activity by China. As far as the […] Read more
