Offshore Wind’s 2024 in India- Building Blocks Falling Into Place Updated On Mon, Dec 30th, 2024 by Saurenergy India’s offshore wind ambitions made slow but steady progress in 2024, egged on by multiple European partners pushing the country to try this ‘last frontier’ of renewable energy. For a country heading towards 100 GW of solar, and 50 GW of onshore wind, Offshore wind energy has been a distant dream, primarily because of cost […] Read more
China’s Polysilicon Leaders Announce Production Cuts To Arrest Low Prices Updated On Thu, Dec 26th, 2024 by Saurenergy Tongwei Group and Daqo New Energy, two of the world’s largest, and China’s largest producers of solar grade polysilicon materials, have announced a cutback on production of high-purity polysilicon amid falling prices and financial losses. The firms ended H1 of 2024 with significant losses from their operations, and in likelihood, H2 has been no better. […] Read more
India Needs Over A Million Additional Engineers by 2050 for RE Vision: IREDA Chief Updated On Mon, Dec 23rd, 2024 by Saurenergy Pradip Kumar Das, Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency Ltd. (IREDA), addressed the Visionary Talk hosted by the 39th Indian Engineering Congress at Kolkata on 20th December 2024. In his address, CMD, IREDA spoke about the critical need for talent to drive the Renewable Energy sector both in India and […] Read more
Qcells Claims Tandem Solar Cell Efficiency World Record Updated On Thu, Dec 19th, 2024 by Saurenergy Qcells, a leading solar cells and modules manufacturer, has claimed a a new world record, reaching 28.6% for tandem solar cell efficiency on a full-area M10-sized cell that can be scaled for mass manufacturing. This result was achieved having begun large-area tandem development in 2023, as major solar manufacturers across the world attempt to reach […] Read more
Wafer Process: Reliance-Backed NexWafe GmbH Announces Breakthrough Updated On Thu, Dec 19th, 2024 by Saurenergy NexWafe GmbH (NexWafe) has announced significant breakthroughs in its solar wafer manufacturing technology. The firm seeks to make ultra-thin, high-efficiency, monocrystalline, low-carbon footprint solar wafers with an energy footprint 40% lower than conventional wafer making. The German company achieved cell efficiencies equivalent to Czochralski (CZ) wafers in a production environment, marking a major milestone. Additionally, […] Read more
ReNew To Go Private? Key Investors Make Offer Updated On Thu, Dec 12th, 2024 by Saurenergy ReNew Energy Global, which got listed at the NASDAQ exchange in the US through the SPAC route back in 2021, could well go private next year, if its biggest investors, including founder Sumant Sinha have their way. A consortium with voting rights of 64% have offered to take the company private at $7.07 per share, […] Read more
Time to Worry In India? Chinese PV Firms In Production Control Agreement To Stem Losses Updated On Mon, Dec 9th, 2024 by Saurenergy Over 30 of the top Solar PV firms in China are said to have signed up for a program of self-discipline at the China Photovoltaic Industry Association’s annual meeting last week. Taking a stated cue from OPEC ( The organisation of petroleum exporting countries), the world’s oldest existing cartel, the Chinese PV firms are setting […] Read more
Canadian Solar Third Quarter Results- Net Loss at $14 Million Updated On Fri, Dec 6th, 2024 by Saurenergy Leading Solar and storage firm Canadian Solar has released its third quarter results. Total module shipments recognized as revenues in the third quarter of 2024 were 8.4 GW, up 2% quarter-over-quarter (“qoq”) and 1% year-over-year (“yoy”). Of the total, 31 MW were shipped to the Company’s own utility-scale solar power projects. Net revenues in the […] Read more
Cheap Solar and Expensive Power- Pakistan’s Sobering Experience So far Updated On Wed, Nov 27th, 2024 by Saurenergy Readers will be aware that we have occasionally tracked the growth of solar in Pakistan here. What has been interesting is the fact that the country, while performing poorly at an institutional level, has seen the kind of solar boom that would rival almost any country elsewhere over the past year and more. Reports claim […] Read more