China Surpasses Germany to Claim #2 in Offshore Wind Rankings Updated On Fri, Aug 27th, 2021 by Saurenergy China has overtaken Germany as the world’s second largest offshore wind market with 7.9 GW of operational capacity, shows a new Global Offshore Wind report. The World Forum Offshore Wind’s first semi-annual report for 2021 also finds that global offshore wind installations reached 34,137 MW at the end of June. This demonstrates a slowdown in […] Read more
Tongwei Earns $462.3 Million Net Profit in H1 FY21 Updated On Thu, Aug 26th, 2021 by Saurenergy Chinese solar equipment manufacturer Tongwei saw an almost three-fold increase in its profits in the first half of 2021 as a result of prices rising throughout the solar value chain during this period. In H1 FY21, Tongwei’s operating revenue was RMB26.5 billion (US$4 billion), up nearly 42% year-on-year. Net profit nearly trebled to RMB3 billion […] Read more
China’s Goldwind Earns 292.3 M Net Profit in H1 FY21 Updated On Tue, Aug 24th, 2021 by Saurenergy Beijing-based wind turbine manufacturer Goldwind has released interim results for 2021, reporting a net profit of around CNY 1.9 billion ($292.3 million) in the first half of the financial year. Officially known as Xinjiang Goldwind Science & Technology Co., Ltd., this state-owned multinational realised revenue of CNY 17.85 billion in H1 FY21. Gross profit was CNY 4.919 billion, […] Read more
High Power Modules and Agriculture Production Combine, As Trina Showcases 210m Series Updated On Tue, Aug 17th, 2021 by Saurenergy Trina Solar has shared on a project, covering 160 hectares of farmland, that uses Trina Solar’s 210 Vertex 550W series and is expected to generate 110 million kWh of electricity a year. The firm is showcasing the 100 MW project as a great example of combining solar with agriculture. The firm claims that the 210 […] Read more
New Research Accelerates Development of Organic Solar Cells Updated On Mon, Aug 16th, 2021 by Saurenergy A team of researchers is working to replace heavy and expensive silicon solar cells currently being used in the solar industry with light and low-cost organic solar cells – made from materials and elements found in plants and animals – which could help in the battle against climate change. Most of today’s solar cells are made from […] Read more
Iron-based Batteries’ Future Looks Bright As Tesla Weighs In Updated On Fri, Aug 6th, 2021 by Saurenergy Of late, leading executives in the automotive sector have been indicating a reversion to older, cheaper lithium-iron-phosphate (LFP) batteries in their products. Tesla CEO Elon Musk has recently spoken of such a shift in the company’s energy storage devices and some entry-level EVs. Additionally, Ford CEO Jim Farley has said the company would use LFP batteries […] Read more
China’s CATL Reveals the First-generation Sodium-ion Battery Updated On Thu, Jul 29th, 2021 by Saurenergy Chinese battery giant, Contemporary Amperex Technology Ltd (CATL) has today revealed the first of its Sodium-ion battery. At a launch event today, the battery maker also announced that it has planned to set up a supply chain for the new technology in 2023. Although the firm has not disclosed the prices of the battery yet, […] Read more
Solis Delivers 110kW Inverters for Installing Rooftops to a UK Manufacturer Updated On Fri, Jul 23rd, 2021 by Saurenergy Solis delivered its 110kW inverter to install a rooftop solar power system for a plastics manufacturer, Faerch Plast. China’s global photovoltaic string inverter manufacturer, presented under the Solis brand, Ginlong Technologies Co., Ltd. has worked alongside UK renewable energy company Engenera to install a rooftop solar power system for a plastics manufacturer, Faerch Plast. At […] Read more
China Could Add 55-65 GW of Solar Capacity in 2021: China Solar Association Updated On Thu, Jul 22nd, 2021 by Saurenergy The Solar Manufacturing Association of China predicts that the country can add approximately 55 to 65 GWs of solar capacity in 2021. In a note on thursday, the association said that these additions could take total solar installations of China beyond 300 GW by the end of the year. However, the solar power installation reached […] Read more