News Brief May 15 – China-Serbia Deal, JinkoSolar, Finnish Wind Farm Updated On Wed, May 15th, 2024 by Saurenergy China’s Hunan Rich Inks Deal With Serbia for 1GW PV module factory in Serbia The Serbian government has signed an MoU with Chinese firm Hunan Rich Photovoltaic Science and Technology to build a 1GW solar module production facility in Serbia. Serbian minister of mining and energy, Dubravka Đedović Handanović, signed the deal last week, which […] Read more
INOX Wind Hopes To Power Growth With Its 3MW Wind Turbines Updated On Tue, May 14th, 2024 by Saurenergy Wind Turbine Manufacturer INOX Wind is now harping on its latest addition of production of 3 MW of wind turbines for increased revenues. The top management of the firm in its latest investors call talked in detail about the transition and the expected returns out of this. As per the management, the transition and the […] Read more
India Becomes Second Largest Wind Market Within Asia Pacific In 2023 Updated On Mon, May 13th, 2024 by Saurenergy Global Wind Energy Council (GWEC) growth required an annual wind installation tripling to at least 320 GW. GWEC report found that the onshore wind energy recovered from a growth slowdown it currently is ranked fourth in total wind installations. It has installed 45 GW of onshore wind as of January 2024 and it’s the second […] Read more
Waaree Renewables Reports 341% Surge In PAT In Q4, 167% Annually Updated On Sat, May 11th, 2024 by Saurenergy Waaree Renewable Technologies Limited, the solar EPC arm of the Waaree Group has published its financial results for the latest quarter (Q4). It also announced its annual financial results for FY24. As per the details shared by the company in its self-disclosure before the Bombay Stock Exchange (BSE), the company continued its growth in its […] Read more
Google’s Nest Renew & OhmConnect To Form Virtual Power Plant In US Updated On Fri, May 10th, 2024 by Saurenergy Renew Home, North America’s residential virtual power plant (VPP), has launched out of the combination of Google Nest Renew service and OhmConnect in the US. The company has received a $100M investment from majority owner Sidewalk Infrastructure Partners (SIP). According to a statement released by Google Renew Home, the company says “It will transform residential […] Read more
Low Module Prices Weigh On Q1 Earnings For China’s Solar Champions Updated On Fri, May 10th, 2024 by Saurenergy Over the past 10 days, as numbers have continued to pour out from the listed players from China’s formidable solar sector, the impact of the low solar module prices seen over the past two quarters and more is clearly visible on their earnings as well. Even as volumes have grown in many cases, revenues have […] Read more
GoodWe Unveils State-of-the-Art Solar Service Centre in Bangalore Updated On Fri, May 10th, 2024 by Saurenergy GoodWe, a leading Smart Energy Innovator and key solar inverter player in the Indian market, has announced a Solar Service Centre in Bangalore, India. The service centre underlines the expanding reach of GoodWe in the Indian market as well as its growing customer base in the country, where GoodWe is focused on ensuring excellent standards […] Read more
Clean Energy Investments Driving Global Job Creation, Finds Study Updated On Thu, May 9th, 2024 by Saurenergy Investment in the manufacturing of clean energy technologies, especially solar PV and batteries is expediting the process of creating new jobs and employment opportunities, according to a new report published by International Energy Agency. The agency said that investments related to clean energy technologies have become a powerful economic driver globally. The global investment in […] Read more
Avaada, ACME Get HC Relief In Solar Warehouse Duty Case Updated On Thu, May 9th, 2024 by Saurenergy The Delhi High Court in a latest judgement gave relief to Indian solar project developers Avaada and ACME. These companies had earlier approached the high court with a writ petition seeking their intervention against the orders of the revenue department to impose duties on their solar warehouses and show cause notices related to the cancellation […] Read more
