World Saw Largest Rise in Renewable Energy Capacity in 2017: Report Updated On Tue, Jun 5th, 2018 by Saurenergy Both energy demand and energy-related carbon dioxide emissions rose substantially for the first time in four years. In the power sector, the transition to renewables is underway but is progressing more slowly than is possible or desirable. The global power generating capacity has seen an exceptional rise in 2017 and the main source of the […] Read more
Rite Track to Expand Footprints in Scotland Updated On Wed, May 2nd, 2018 by Saurenergy In a move to bolster repair and technical capability in Europe, the company is partnering with Ntek Litho. US-based semiconductor equipment supplier Rite Track has opened its’ new European Repair Center (ERC) in Glasgow, UK (Scotland). In a move to bolster repair and technical capability in Europe, the company is partnering with Ntek Litho in a new state-of-the-art facility. […] Read more
Sungrow to Expand Footprints via 3 GW Prod Unit in India; First Outside China Updated On Wed, Apr 25th, 2018 by Saurenergy The move has come as the company aimed to strengthen its global delivery capability by establishing a new factory. China-based solar inverter supplier, Sungrow will set-up its new 3 GW production factory of central and string inverters in Bangalore, India. The company’s most of its production facilities are based in China and its Bangalore facility will be the […] Read more
CMEC to Invest €230 mn in Solar Plant Construction in Ukraine Updated On Mon, Apr 9th, 2018 by Saurenergy This plant will be built in Dnipropetrovsk region until the end of 2018. Construction engineering company China Machinery Engineering Corporation (CMEC) is planning to invest EUR 230 million for the construction of the largest solar power plant in Ukraine. This plant will be built in Dnipropetrovsk region until the end of 2018. Further, the corresponding […] Read more
SMA Solar Expects Growth in Sales and Earnings in 2018 Updated On Thu, Jan 25th, 2018 by Saurenergy For the 2018 fiscal year, the SMA Solar expects sales would grow to between 900 million and 1 billion euros ($1.1 billion-$1.2 billion), exceeding the analyst consensus for 901 million euros. SMA Solar Germany’s biggest solar company has said it expects a rise in sales in 2018, thanks to strong Asian and European business and […] Read more
Armenia Looks to Solar Energy Updated On Wed, Dec 27th, 2017 by Saurenergy The government policy estimates the country’s potential capacity of solar energy production at up to 3,000 megawatts — enough to meet domestic demand and even make Armenia a net electricity exporter. Armenia is banking on renewable energy to increase its energy independence. Armenia much sunnier than most of Europe — according to government figures, it […] Read more
Europe Moves to Grow Green Economy at Paris Climate Meeting Updated On Thu, Dec 14th, 2017 by Saurenergy European leaders in Paris called for a sector-by-sector approach to investments that makes good use of the single market in the European Union. Commemorating the Paris climate agreement, European leaders said they are committed to establishing the bloc as the destination for green development. European and international delegates are in Paris for a series of […] Read more
Gigawatt-Scale Solar Markets Seen in 13 countries in 2018: GTM Research Updated On Fri, Dec 1st, 2017 by Saurenergy GTM Research identifies five new countries (solar markets) poised to install more than a gigawatt of solar annually. As the year 2017 nears to its end, GTM Research report has identified 13 countries of gigawatt-scale solar markets in 2018 that would exceed the 1-GW worth of annual solar PV installations, up from eight in 2017. […] Read more
Trackers Updated On Mon, Oct 23rd, 2017 by Saurenergy Europe is expected to show a decline in demand for solar trackers. China, the U.S., India and Japan are expected to be the major driving forces for generating the demand for solar trackers. Going beyond the local market is the current trend in the industry and hence, the market is becoming truly global. Solar trackers […] Read more