EVs Grab a Bigger Chunk in Shrinking Passenger Cars Market: IEA Updated On Tue, Jun 16th, 2020 by Saurenergy While in 2019, the global sales of passenger vehicles tanked, EVs had another banner year recording a 40 percent YoY growth in sales. The global electric vehicle (EV) fleet expanded significantly over the last decade, underpinned by supportive policies and technology advances. And while in 2019, the global sales of passenger vehicles tanked, electric vehicles […] Read more
US Solar Market Sets Q1 Record, Impact of COVID-19 Likely on Q2: Report Updated On Thu, Jun 11th, 2020 by Saurenergy The US solar market installed 3.6 GW of new solar PV capacity in Q1 2020, representing its largest first quarter ever in the United States. The US solar market installed 3.6 gigawatts (GW) of new solar photovoltaic (PV) capacity in Q1 2020, representing its largest first quarter (Q1) ever in the United States. According to […] Read more
Trina Becomes 1st Solar Manufacturer to be listed on China’s Nasdaq; Issues First A-Shares Updated On Thu, Jun 11th, 2020 by Saurenergy Trina Solar Co Ltd, a leading provider of integrated photovoltaic (PV) modules and smart energy solutions, has become the first Chinese solar products manufacturer to trade on the Shanghai Stock Exchange Science and Technology Innovation Board (or Shanghai Sci-Tech Innovation Board). Shanghai Stock Exchange’s Sci-Tech Innovation Board has also been dubbed as the Nasdaq of China […] Read more
Siemens to Supply HV Equipment for 1.6 GW Offshore Wind Farm in US Updated On Wed, Jun 10th, 2020 by Saurenergy Siemens has been awarded an order from Semco Maritime to provide the main electrical equipment for the ESP of the 1.6 GW Mayflower Wind offshore project Siemens has been awarded an order from Danish customer Semco Maritime to provide the main electrical equipment for the electrical service platform (ESP) of the offshore wind project Mayflower […] Read more
REC Group Wins Patent Infringement Case Filed by Hanwha Q Cells Updated On Mon, Jun 8th, 2020 by Saurenergy The US ITC had issued its Final Determination that REC Group’s products do not infringe the asserted claims of Hanwha Q-Cells’ US Patent 9,893,215 The REC Group, an international pioneering solar energy brand with Scandinavian heritage, has reported that on June 3, 2020, the United States International Trade Commission (ITC) had issued its Final Determination that […] Read more
JinkoSolar Gets Favourable Decision in Hanwha Q CELLS Patent Infringement Case Updated On Fri, Jun 5th, 2020 by Saurenergy The US International Trade Commission has issued the final determination that JinkoSolar products do not infringe a patent asserted by Hanwha Q CELLS. Chinese solar PV cells and modules manufacturer, JinkoSolar has announced that the United States International Trade Commission (ITC) has issued a favourable final determination concluding that JinkoSolar’s products do not infringe a […] Read more
Vivint Solar Closes USD 545 Million of new Financings Updated On Wed, Jun 3rd, 2020 by Saurenergy Vivint Solar has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. Vivint Solar, a leading full-service residential solar provider in the United States, has announced the closing of two separate debt transactions, totaling USD 545 million in incremental lender commitments. The first is a USD 245 million upsize to the company’s already existing multi-lender […] Read more
Strong Q1 for US Energy Storage Market Despite COVID-19: WoodMac Updated On Wed, Jun 3rd, 2020 by Saurenergy The US energy storage sector saw a strong Q1, with residential storage setting another record while the non-residential had its 3rd-strongest quarter The United States (US) energy storage sector saw a strong first quarter, with residential storage setting another record while the non-residential market had its third-strongest quarter on record. According to Wood Mackenzie and […] Read more
8minute Gets $225 Mn Loan from CIT Consortium for 18 GW Solar + Storage Projects Updated On Tue, Jun 2nd, 2020 by Saurenergy 8minute Solar Energy (8minute), a leading independent solar energy and storage projects developer in the United Sates, has secured a USD 225 million letter of credit (LC) facility from CIT led consortium. The consortium led by CIT as a sole coordinating lead arranger is comprised of 5 banks including KeyBank, HSBC, Rabobank and Nomura Holdings. […] Read more