Canadian Solar Raises $30 Mn from CPDFund to Develop Solar Farms in Brazil Updated On Sat, Apr 4th, 2020 by Saurenergy Nasdaq-listed Canadian Solar has raised USD 30 million in funding from the China-Portuguese Speaking Countries Cooperation and Development Fund (CPDFund). The Canadian solar photovoltaic (PV) modules manufacturer aims to deploy the funding raised for the development and construction of solar projects in Brazil. As of now, the Canadian company has 1.7 GW of solar PV projects developed and awarded […] Read more
Growatt Gets Major Share in India’s 2.2GW Rooftop Solar Capacity Addition in 2019: Report Updated On Fri, Apr 3rd, 2020 by Saurenergy India has installed more than 2.2 GW of rooftop solar capacity in 2019, as per the recently released report by the research and advisory services firm JMK Research & Analytics. However, the research firm in its annual India Solar Report Card has lowered its expectation of rooftop solar installation capacity in India for the year […] Read more
Solar Energy and EV Charging Infrastructure Updated On Fri, Apr 3rd, 2020 by Saurenergy With the push to move to electric mobility at a national scale, and with the government being very enthusiastic about deployment of electric vehicles, the electronic industry can expect to see a lot of activity around indigenous development and manufacturing. While electric vehicles are being worked upon by major OEMs, an ecosystem for development of […] Read more
COVID-19 Could Derail Storage Growth, but 2020 to be Record Year Updated On Fri, Apr 3rd, 2020 by Saurenergy According to a new analysis, the COVID-19 containment could derail storage growth but 2020 will still be a record-breaking year with 12.6 GWh deployed. According to a new analysis, if the coronavirus (COVID-19) containment measures continue to curtail the movement of goods and people through Q2 this year, alongside an economic downturn, the market impact […] Read more
Vestas Secures Wind Turbine Orders Worth 366 MW Across Europe Updated On Fri, Apr 3rd, 2020 by Saurenergy Vestas has received four orders worth a combined 366 MW in wind turbine deliveries across Europe in Italy, Norway, Poland and Sweden. Global wind turbine OEM Vestas has announced that it has received four orders worth a combined 366 MW in wind turbine deliveries across Europe. The four orders have been received in Italy, Norway, […] Read more
Middle East Renewables Braced for Turbulent Outlook: GlobalData Updated On Fri, Apr 3rd, 2020 by Saurenergy Recent reports have estimated that global solar demand will slow down for the first time in three decades, with the coronavirus (COVID-19) crisis potentially triggering a drop of between 6 percent and 10 percent in demand in 2020. The downgrade is largely due to strict limitations on movement and commercial activity in China, where the […] Read more
GoodWe, GE Ink Global Licensing Deal Updated On Fri, Apr 3rd, 2020 by Saurenergy GoodWe Power Supply Technology Co Ltd (Goodwe), a prominent inverter and storage firm, based in Suzhou, China, has been selected as the exclusive licensing partner of solar inverters for GE’s global sales. For the technology focused Goodwe, the pact serves as a vindication of the quality and reliability of its product offerings in the space, […] Read more
SNEC 2020 Stands Postponed. No New Date Announced Updated On Thu, Apr 2nd, 2020 by Saurenergy After holding out for long, the organising committee of the SNEC (Smart Energy Event and Conference), Shanghai, which is by far the biggest trade show for the solar sector, has announced the postponement of this years event. The 2020 edition would have been the 14th edition of the expo. The conference+ exhibition was originally scheduled […] Read more
As Power Demand Slumps, RE Generators Brace For Impact Updated On Thu, Apr 2nd, 2020 by Saurenergy The coronavirus pandemic has created some of the most unprecedented situations ever faced by the energy sector in India. For one, demand has never dropped off as steeply as it has in March. For possibly the first time ever in living memory, a slump in global oil prices has stopped delivering any revenue benefits to […] Read more