Masdar Signs Agreement with Kyrgyzstan to Develop 1GW Renewable Projects Updated On Wed, Apr 20th, 2022 by Saurenergy The Central Asian economies are looking to diversify their energy basket in order to reduce their carbon emissions and reduce dependence on fossil fuels which are mostly imported. In the latest development, United Arab Emirates based clean energy company Masdar has signed a memorandum of understanding (MoU) with the Ministry of Energy of Kyrgyzstan in […] Read more
Solar project commissioned by Nestle, Yellow Door in Dubai Updated On Tue, Apr 19th, 2022 by Saurenergy Nestlé Pure Life and Yellow Door Energy have commissioned a solar power plant at Nestle’s facility in Dubai, United Arab Emirates (UAE). The project is designed to generate 2,400 megawatt-hours (MWh) of renewable energy. It is possibly part of the 7 MW capacity solar project announced by Nestle in 2017 at its manufacturing facilities in […] Read more
Jinko Solar Lays Claim As First To Deliver 100GW Solar Panels Updated On Thu, Mar 31st, 2022 by Saurenergy One of the world’s leading solar module manufacturers, Jinko Solar has announced that it has delivered 100GW of solar modules globally thereby becoming the first company in history to achieve this milestone. It claims that one out of every ten solar modules installed in the world is produced by Jinko Solar. The official statement reads […] Read more
Electric Bus Market To Surpass USD 53 Billion By 2027 Updated On Thu, Feb 24th, 2022 by Saurenergy The electric bus market is set to grow from its current market value of more than USD 28 billion to over USD 53 billion, as reported in the latest study by Global Market Insights Inc. As the world is advancing towards sustainable development with the profound steps to reduce carbon emissions, adoption of cleaner technologies has been […] Read more
$1.5 B Solar Desalination Plant Proposed in Egypt, reports Bloomberg Updated On Thu, Feb 24th, 2022 by Saurenergy The UAE’s Metito Holdings Ltd., Scatec and Orascom Construction are in talks with Egypt on a $1.5bn renewables-powered desalination plant, as the most populous Arab nation moves to address looming water shortages, according to Bloomberg. The three-company consortium is in discussions with Egypt’s sovereign wealth fund to partner on the project that would follow a […] Read more
Smarten Plans to Launch a Range of EV Chargers, Li-ion Batteries Updated On Tue, Feb 22nd, 2022 by Saurenergy Indian power backup manufacturer Smarten aims to disrupt the energy storage market with 100% localized products for B2B and B2C segments, the company has said. The brand plans to launch a range of innovative products, such as EV chargers, Lithium-ion batteries, etc., in the market this year, it stated. The company has a manufacturing facility […] Read more
Focusing Only on Renewables a ‘Fatal Mistake’: Saudi Energy Minister Updated On Mon, Feb 21st, 2022 by Saurenergy The Saudi energy minister said on Sunday that focusing only on renewable power sources was a mistake and that the world may not be able to produce all the energy needed for economic recovery from the coronavirus pandemic. “The pandemic and the recovery underway have taught us the value of caution,” said Prince Abdulaziz bin […] Read more
With Successful Shanghai Listing of Subsidiary, Jinko Solar Well Placed for Future Growth Updated On Thu, Jan 27th, 2022 by Saurenergy China’s Jinko Solar, one of the largest module manufacturers worldwide, has successfully listed its subsidiary firm, Jianxi Jinko on Shanghai’s Sci Tech Innovation Board (STAR market). The subsidiary, Jianxi Jinko, in fact saw its stock price more than double on day 1 of trading. It had issued 2 billion shares at RMB 5.00, or $0.79, […] Read more
South Korea, Saudi Arabia Agree to Jointly Develop Hydrogen Economy Updated On Thu, Jan 20th, 2022 by Saurenergy South Korean President Moon Jae-in held talks with Saudi Arabia’s de facto ruler Crown Prince Mohammed bin Salman on Tuesday and agreed to work together in areas related to the hydrogen economy. After holding the talks at the Al-Yamamah palace in Riyadh, the two nations signed preliminary deals to jointly develop green hydrogen, which is […] Read more