€300 Million IFC Loan For Iberdrola To Back Renewables Versus Coal Updated On Tue, Jan 9th, 2024 by Saurenergy The World Bank’s private lending arm, the International Finance Corporation (IFC) has backed Spanish utility major Iberdrola with a €300 million (US$328.7 million) loan to support and develop renewable energy projects in coal-dependent countries, including Morocco, Vietnam and Poland. According to Iberdrola,€170 million has already been committed to financing onshore wind projects in Poland, one of the biggest European […] Read more
VinFast Will Invest $2 Billion For Tamil Nadu Integrated EV Plant Updated On Mon, Jan 8th, 2024 by Saurenergy VinFast, the prominent electric vehicle (EV) manufacturer in Vietnam, has unveiled plans to establish an electric vehicle plant in the coastal town of Thoothukudi in southern Tamil Nadu, with a substantial investment totaling $2 billion. This announcement coincides with the ongoing Tamil Nadu Global Investors Meet in Chennai. In an official statement, VinFast declared its […] Read more
Waaree Renewable Collaborates With 5B Industries To Boost Utility-Scale PV Projects Updated On Fri, Dec 29th, 2023 by Saurenergy Indian Solar EPC company--Waaree Renewable Technologies Limited announced a Long Form Heads of Agreement (LFHOA) with 5B Industries PTY LTD, an innovative solar solution company to accelerate the deployment of utility-grade solar power locally in India as well as in international markets with a US-compliant supply chain. The collaboration is likely to open avenues for […] Read more
Uttarakhand to Welcome 500 MW Solar Park in Unison with Rays Power Infra Updated On Mon, Dec 11th, 2023 by Saurenergy Rays Power Infra Ltd, a player in the solar energy sector, has entered into a Memorandum of Understanding (MoU) with the Uttarakhand Government to build a 500 MW solar park. The MoU signing ceremony, held at Dehradun on December 5, 2023, witnessed the participation of key stakeholders, including the Chief Minister of Uttarakhand. Ketan Mehta, […] Read more
JinkoSolar Solar Panel Delivery Reaches 200 GW Mark Updated On Thu, Nov 16th, 2023 by Saurenergy One of the largest module manufacturers in the world, JinkoSolar solar panel delivery has reached the landmark of 200 GW globally. As per the firm, this indicates that one of every eight panels installed on the earth today is a JinkoSolar solar panel. JinkoSolar said its “exponential growth” was the result of its strong focus […] Read more
Borosil Hopes To See Resumption Of Anti-dumping Duties From 2024 Updated On Wed, Nov 15th, 2023 by Saurenergy Indian solar glass manufacturer Borosil Renewables is now hopeful of seeing a resumption of anti-dumping duties against the imports of solar glass. The company recently shared its views with investors in its latest investors call. In August 2022, the Union government relaxed the norms for imports of solar glass by discontinuing the anti-dumping duties. Borosil, in […] Read more
Canadian Solar Sets Sights on 5 GW Wafer Unit in Thailand Updated On Fri, Nov 10th, 2023 by Saurenergy Solar manufacturer Canadian Solar is set to introduce a 5 GW solar wafer production unit in Chonburi, Thailand. The manufacturing facility, which will boast N-type wafer, will be operational by next year in March. In 2024, it will supply to the TOPCon cell manufacturing unit in Thailand. Later, by year 2025, the wafers will be […] Read more
Global Solar Investments Increased By 2% In Last 8 Years: Report Updated On Mon, Nov 6th, 2023 by Saurenergy A latest report by the International Solar Alliance (ISA) stated that global investment in solar increased by an average of around 2 percent over the last eight years. It added that, on the contrary, fossil fuels are still receiving a major share at nearly a trillion dollars annually. The report put the investment in the global energy sector […] Read more
Canadian Solar Announces 5 GW Production Unit in Indiana Updated On Tue, Oct 31st, 2023 by Saurenergy Energy provider Canadian Solar has announced the setting up of a solar cell production unit in Jeffersonville, Indiana. The facility, which will boast 5 GW worth of capacity, will supply the firm’s Solar’s module assembly plant located in Mesquite, Texas. The Texan facility that will produce TOPCon modules is expected to go online by the […] Read more
