PM Stresses on Attracting Private Investments for Power Sector Updated On Fri, May 1st, 2020 by Saurenergy Prime Minister Narendra Modi on Friday emphasized the need for enforcement of contracts effectively in order to attract private investments for the ailing power sector. He said during a detailed meeting held on the power sector with his team of Ministers. Prime Minister also took stock of the impact of the coronavirus. Narendra Modi also […] Read more
SK Innovation Increases Investment in US EV Battery Business to $2.5 Bn Updated On Fri, May 1st, 2020 by Saurenergy SK Innovation has announced that it plans for additional investment in its US battery business, to fund the start of construction of a 2nd EV battery plant. South Korea-based SK Innovation has announced that it plans for additional investment in its US battery business, following approval by its Board of Directors to fund the start of construction of a […] Read more
Sungrow Revenue Grows 25.4% in 2019, Plans to Lift R&D Investment Updated On Wed, Apr 29th, 2020 by Saurenergy With a minimal negative impact of coronavirus, Sungrow, a leading inverter solution supplier for renewables, has reported a growth of 25.4 percent to USD 1.864 billion in its revenue for 2019, against USD 1.572 billion in 2018. The inverter manufacturer shipped 17.1 GW of inverters in 2019 and touched its aggregate overseas shipments to 100 […] Read more
Europe saw EUR 19 bn of new Wind Farm Investments Confirmed in 2019 Updated On Thu, Apr 16th, 2020 by Saurenergy Europe saw EUR 19 billion of new wind farm investments confirmed in 2019, off which EUR 13 billion went towards onshore wind energy projects. According to a new report, Europe saw EUR 19 billion of new wind farm investments confirmed in 2019. A further EUR 33 billion was invested in the refinancing of wind farms, […] Read more
Sharp Increase in Renewable Investments Post COVID-19: Iberdrola CEO Updated On Tue, Apr 7th, 2020 by Saurenergy Iberdrola CEO Ignacio Galán has announced that the firm will speed up its renewable investments as soon as it is deemed safe to do so. Iberdrola CEO Ignacio Galán, while addressing the firms’ 600,000 shareholders in the recently held fully remote Annual General Meeting, has announced that in view of the current situation with the […] Read more
Significant Investment Needed to Transform Africa’s Energy System Updated On Fri, Apr 3rd, 2020 by Saurenergy IRENA and UNDP’s Africa Centre for Sustainable Development have outlined why significant investment is needed to transform Africa’s energy system. Falling technology costs have made renewable energy a cost-effective way to generate power in countries all over the world, which would drive further development and improved economy. Despite the tremendous efforts that have been deployed […] Read more
Renesola, Zhongnan Group in $100 Million Investment Agreement Updated On Wed, Apr 1st, 2020 by Saurenergy Shanghai Headquartered ReneSola, which recebtly crossed the 20 GW milestone in cumulative module sales, has announced a USD 100 million strategic investment agreement with Zhongnan Industry (a subsidiary of Zhongnan Holding Group). The announcement was made on March 31st at the official signing ceremony of the Supply Chain Cooperation Agreement between ReneSola Yixing Co., Ltd. […] Read more
Tongwei Solar to Set up Production Base in China with CNY 20 Bn Investment Updated On Fri, Mar 27th, 2020 by Saurenergy With an aim to target exports to European markets, Chinese solar cell manufacturer Tongwei Solar has recently organized a groundbreaking ceremony of its photovoltaic (PV) industrial base project in Jintang County of Chengdu city in China. With a total investment of about CNY 20 billion, Tongwei Solar photovoltaic industrial base project will construct the annual 30 […] Read more
Investments in RE Sector Fell 14% to Rs 68550 Cr in 2019 Updated On Fri, Mar 20th, 2020 by Saurenergy Investments in the country’s renewable energy sector fell by 14 percent to Rs 68,550 crore in the calendar year 2019, the Parliament has been informed. Investments in the country’s renewable energy sector fell by 14 percent to Rs 68,550 crore in the calendar year 2019, the Parliament has been informed. In 2018, the estimated investment […] Read more
