IFC and HSBC Green Bond Targeting Climate Finance in Emerging Markets Updated On Wed, Jun 5th, 2019 by Saurenergy IFC and HSBC have announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets. IFC, a member of the World Bank Group, and HSBC Global Asset Management recently announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets, increasing access to […] Read more
US Ends Preferential Trade Treatment, Solar Exports From India to Bear 25% Safeguard Duty Updated On Mon, Jun 3rd, 2019 by Saurenergy The decision is set to put additional tariffs burden of over $300 million on the American businesses every year, including solar exports from India which are expected to incur a safeguard duty of 25 percent. In a major blow to India’s newly elected government, the Trump administration has terminated India’s designation as a beneficiary developing […] Read more
IRENA Report on Renewable Energy Market Analysis: GCC 2019 Updated On Fri, May 31st, 2019 by Saurenergy Renewable energy has advanced rapidly in the Gulf Cooperation Council (GCC) countries since 2014. The project pipeline reached almost 7 gigawatts (GW) of new power generation capacity by 2018, after record-breaking bids in renewable energy auctions in the United Arab Emirates (UAE) and Saudi Arabia made solar power cost-competitive with conventional energy technologies. This report […] Read more
Heraeus Photovoltaics Expands its China, Singapore R&D Capabilities Updated On Tue, May 28th, 2019 by Saurenergy “By streamlining and localizing R&D, we increase our market focus, accelerate product innovation and facilitate local alignment between sales, R&D and our customers,” Ackermann added. Adding another feather in its cap, Heraeus Photovoltaics has expanded its China and Singapore research & development (R&D) capabilities via setting up fully-equipped innovation centers. Through establishing new innovation center […] Read more
Global Single-Phase Inverter Market Records 11.2% Increase in 2018: Report Updated On Tue, May 28th, 2019 by Saurenergy According to a new report, global shipments of single-phase inverter increased by 11.2 percent in 2018. Boosted by a strong residential PV demand. IHS Markit released its annual PV inverter market report in early May. According to the report, the world grid-connected PV inverter shipments remained almost flat in 2018. However, while the world grid-connected […] Read more
Adani Solar Aiming For 50% Market Share by 2021 Updated On Mon, May 27th, 2019 by Saurenergy Adani Solar, the solar manufacturing arm of the Adani Group has set sights for acquiring 50 percent market share in the next two years, a top company official has confirmed. “As 80 percent of solar panels available in the country are made in China, the company is manufacturing module and panels, which were cheaper and durable, […] Read more
EVs to Dominate Global Passenger Cars, Buses Sales by 2040: BNEF Updated On Mon, May 27th, 2019 by Saurenergy However, the heavy trucks sales will be limited to only 19 per cent in 2040 and will prove the hardest segment for electrics to crack, and their use case will mostly be in shorter-distance applications. One of the leading research firm Bloomberg NEF (BNEF) in it’s annual outlook for 2019 has analysed that electric vehicles […] Read more
TERI, Cadmus Jointly Launches ‘I-SMART’ to Ease Rooftop Solar Installations in India Updated On Thu, May 23rd, 2019 by Saurenergy Moreover, this MNRE and GIZ-backed program will be implemented in four states i.e. – Gujarat, Uttarakhand, Himachal Pradesh, and Jammu & Kashmir along with two Union Territories – Daman and Diu; and Dadra and Nagar Haveli. With an aim to simplify the installation of rooftop solar for both domestic as well as business consumers in […] Read more
Growatt Eyes Europe as Major Market; Strengthens Footprint Updated On Wed, May 22nd, 2019 by Saurenergy The inverter maker has opened its fifth European office in Netherlands after Germany, Italy, Hungary and UK. With an aim to encash the rapid growth of European solar energy market, Chinese PV inverters maker, Growatt, is expanding its business activities in Europe and has opened its new office in Rotterdam, Netherlands. The inverter maker has […] Read more