Evolve Tender Specifications To Boost Indian Floating Solar Sector: World Bank Report Updated On Tue, Dec 26th, 2023 by Saurenergy A latest report by the World Bank on the state of India’s floating solar segment said that the country needed to evolve tender specifications to boost the sector. The report mentioned that while India has a 300 GW potential for floating solar, merely 350 MW of the technology could be deployed till now. The report […] Read more
GoodWe Among Top Three PV Inverter Suppliers in Europe: Report Updated On Mon, Dec 18th, 2023 by Saurenergy GoodWe, a solar solutions company, revealed that it stood among the top three solar PV inverter suppliers in Europe for the year 2022. According to a report by Wood Mackenzie, an energy research agency, GoodWe held a notable 7% share in the European market in the preceding year. Its PV inverter shipments to Europe rose […] Read more
Solar Production Costs In China Falls By 42% In 2023: Wood Mackenzie Updated On Fri, Dec 15th, 2023 by Saurenergy A latest report states that the cost of producing solar modules in China has dropped by 42% in the last 12 months to US$0.15 per watt (/W). This gave manufacturers in the country cost advantage over international rivals according to the New Horizons report from Wood Mackenzie. The report looks at ‘Five low-carbon tech trends […] Read more
EU Touches 56 GW Of Solar Installations With A 40% Annual Growth: Report Updated On Wed, Dec 13th, 2023 by Saurenergy A recent report on new European Market Outlook for Solar Power 2023-2027 by SolarPower Europe, reveals a record 56 GW of solar installations in Europe in 2023. This reportedly marks the third year of annual growth rates of at least 40%. The report predicts in its annual report a slower growth for 2024, with the […] Read more
Rajasthan Biggest Beneficiary Of Renewable Energy Lending: Report Updated On Mon, Dec 11th, 2023 by Saurenergy A latest report by Climate Trends and the Centre for Financial Accountability (CFA) on the financing of coal and renewable projects claimed that Rajasthan remained the largest beneficiary of renewable energy lending in the country. The study assessed 68 project finance loans across 11 coal and renewable energy projects in India that reached financial closure […] Read more
Solar Became Cheapest Fuel Source For Newly-Built Power Systems: EY Updated On Thu, Dec 7th, 2023 by Saurenergy The latest report by Ernst and Young (EY) claimed that solar energy emerged as the cheapest fuel source for newly built power systems globally, fueling a faster energy transition. The report said that despite the challenges like inflation and price rises, solar power seemed to be the leader. It claimed that with its lowest Levelized Cost […] Read more
US Expected To Add 33 GW Of Solar Capacity In 2023: Wood Mackenzie Updated On Thu, Dec 7th, 2023 by Saurenergy Wood Mackenzie, a research-based organization and SEIA (Solar Energy Industry Association), a solar industry association of the US shared an update on installed utility PV capacity in the US. Based on evidence, it estimates solar capacity can reach 4 GW by 2023. It showcases that the sector has achieved 58% growth compared to Q3 2022. […] Read more
Lack Of Climate Finance Hindering Global Renewable Deployment: IRENA Updated On Wed, Dec 6th, 2023 by Saurenergy The recent report on energy transition and climate finance released by the International Renewable Energy Agency (IRENA) underscores the pivotal role of the energy sector in reducing emissions, particularly in light of the updated Nationally Determined Contributions (NDC) targets. The study reveals that 90% of participating parties have identified renewable energy generation as a key […] Read more
Energy Efficiency In G20 Countries Increased By Four Percent: IEA Report Updated On Tue, Dec 5th, 2023 by Saurenergy A latest report of the International Energy Agency (IEA) on energy efficiency emphasized that a doubling of efficiency progress has the potential to reduce energy bills by one-third. It said that it has the potential to reduce carbon dioxide (CO2) emissions by 50% in 2030. The report underscores the pivotal role the G20 countries can […] Read more
