Energy Storage to Accelerate Global Energy Transition: WoodMac Updated On Tue, Feb 25th, 2020 by Saurenergy The global energy storage market is set to grow from 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according to a new analysis The global energy storage market is set to grow from approximately 4 GW of annual deployments in 2019 to more than 15 GW in 2024, according […] Read more
Trina Solar Exceeds 10 GW Mark for Global Module Shipments in 2019 Updated On Tue, Feb 25th, 2020 by Saurenergy The global solar PV module shipments for Trina Solar passed a new milestone in 2019, topping 10 GW for the year, according to new data. The global solar PV module shipments for Trina Solar passed a new milestone in 2019, topping 10 GW for the year. According to the 2019 module shipment ranking released by […] Read more
Goldi Solar Ranked Among ‘Bankable Tier 1’ Solar Module Makers by BNEF Updated On Mon, Feb 24th, 2020 by Saurenergy Gujarat-headquartered Goldi Solar Pvt Ltd has been ranked among the ‘Bankable Tier 1’ solar module makers by the Bloomberg New Energy Finance (BNEF), an international research organisation, for the first quarter of 2020. BloombergNEF has developed its tiering system for photovoltaic (PV) module manufacturers to create a transparent differentiation between hundreds of manufacturers of solar […] Read more
KEC Expands Global Footprint; Acquires Transmission Tower Mfg Unit in Dubai Updated On Mon, Feb 24th, 2020 by Saurenergy RPG Group flagship firm KEC International (KEC), through its arm KEC Towers LLC, has acquired an automated transmission tower manufacturing facility in mainland Dubai, United Arab Emirates (UAE). The global infrastructure Engineering, Procurement and Construction (EPC) major has won Dubai-based facility, with a capacity of 50,000 tons p.a., in an auction sale conducted by the Emirates Auction Authority. The BSE-listed company […] Read more
Leclanché Secures $65 Mn Loan Facility to Expand Operations Updated On Mon, Feb 24th, 2020 by Saurenergy Leclanché has signed an agreement with Yorkville Advisors for an unsecured convertible loan facility with a maximum ceiling of USD 40 million. One of the world’s leading energy storage companies Leclanché has signed an agreement with Yorkville Advisors Global, a New Jersey-based investment firm providing for an unsecured convertible loan facility with a maximum ceiling […] Read more
Behind TW Solar’s Tongwei Speed Updated On Thu, Feb 20th, 2020 by Saurenergy Tongwei Solar or TW Solar, as it is known in the industry, is probably not a name that comes up readily among a roll call of market leaders from China, especially for readers in India. But readers are missing something big here. The Size That Matters TW Solar is the world’s largest solar cell manufacturer […] Read more
Coronavirus Halts Progress for Aurangabad Firms’ Dependent on Chinese Imports Updated On Wed, Feb 19th, 2020 by Saurenergy The coronavirus outbreak has hit Aurangabad, a prominent manufacturing hub, with companies finding difficult to procure substitutes for Chinese parts The coronavirus outbreak has hit industries in Maharashtra’s Aurangabad district, a prominent manufacturing hub, with companies finding it difficult to procure substitutes for Chinese parts. Companies have started sourcing products from other countries to continue their manufacturing without […] Read more
Sungrow- Breaking Stereotypes Updated On Wed, Feb 19th, 2020 by Saurenergy Sungrow Power Supply Co., Ltd., or ‘Sungrow’ is a familiar name in the Indian solar sector today. Some would argue that Sungrow has as much at stake in the growth of solar in India as anyone else. Sungrow is one of the few firms, especially from China, that have set up a manufacturing plant in […] Read more
Over Rs 1.32 Lakh Crore Invested in India’s Renewable Sector Since 2017-18 Updated On Wed, Feb 19th, 2020 by Saurenergy India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore between FY2017-18 and the current fiscal year India’s renewable energy sector has seen a total investment of Rs 1.32 lakh crore (Rs 132625.89 crore) between the financial year 2017-18 and the current fiscal (until December 31, 2019), Union Minister of Power […] Read more