Global Offshore Wind Auctions Set To Fall In 2025, After 2024 Surge, Finds Study Updated On Mon, Mar 3rd, 2025 by Saurenergy The global offshore wind industry is poised for a rebound in 2025, with capacity additions expected to reach 19 gigawatts (GW) and sector-wide expenditure projected to hit $80 billion, according to research from Rystad Energy. This recovery follows a slowdown at the end of last year, when new installations dropped to approximately 8 GW — […] Read more
First Solar Q4 Results Continue To Wait On India Surge, Ships 14.1 GW Worldwide Updated On Fri, Feb 28th, 2025 by Saurenergy First Solar, Inc. has announced financial results for the fourth quarter and year ended December 31, 2024. The US-based company’s net sales for the fourth quarter were $1.5 billion, an increase of $0.6 billion from the prior quarter. The increase was primarily a result of increased module sales in the fourth quarter. In an earnings […] Read more
ES Foundry to Supply 300MW of US-Made Solar Cells to Bila Solar Updated On Tue, Feb 25th, 2025 by Saurenergy ES Foundry, an American company advancing U.S. solar by onshoring crystalline solar cell production, today announced a multi-year agreement to supply 300 megawatts (MWs) of high-performance, U.S.-made solar cells to Bila Solar, a domestic solar module manufacturer. The solar cells will be made in Greenwood, South Carolina. This strategic partnership between ES Foundry and Bila […] Read more
Laos, India, And US Made Modules Exhibit Highest Defect Rates-Kiwi Research Updated On Fri, Feb 21st, 2025 by Saurenergy The latest report by Kiwi Research, claims that Modules made in Laos, India, and the U.S. exhibit the highest module defect rates, exceeding 8% (percentages are per batch of PSI samples). The report drew this conclusion based on defect rates observed during PSI across various manufacturing countries. The study stated, “This trend can be attributed […] Read more
UK: BW ESS & Sungrow Operationalize 100MW/331MWh BESS Project Updated On Fri, Feb 21st, 2025 by Saurenergy BW ESS and Sungrow announced the commercial operation of the 100MW/331MWh Bramley battery energy storage system (BESS). Installed with Sungrow’s BESS 3-hour PowerTitan 2.0, the Bramley project can play a vital role in bolstering UK energy security and fortifying the resilience of the electricity system. The project is connected to the UK grid 132kV electric […] Read more
Only 30-40% of EV Supply Chain Localized: ICRA Updated On Thu, Feb 20th, 2025 by Saurenergy Investment Information and Credit Rating Agency, ICRA found that at present, only 30-40% of the EV supply chain is localized. There has been substantial localization in traction motors, control units, and battery management systems over the years, while battery cells, which constitute 35-40% of a vehicle’s cost, are still entirely imported. The relatively low localization […] Read more
Covestro Sources Renewable Energy From 90 MW Ørsted Project Updated On Wed, Feb 19th, 2025 by Saurenergy Covestro, a polymer materials supplier, has four US sites that have reached net-zero Scope 2 electricity emissions through the allocation of Renewable Energy Certificates (RECs). This achievement is a result of Covestro’s existing virtual Power Purchase Agreement (PPA) with Ørsted. Under this agreement, Denmark-based Ørsted provides Covestro with 90 MW of renewable energy capacity, reducing […] Read more
Trina Tracker Opens 3 GW Solar Manufacturing Factory In Saudi Arabia Updated On Wed, Feb 19th, 2025 by Saurenergy TrinaTracker, a smart solar tracking solutions provider and a Trinasolar subsidiary has established a new manufacturing facility in Saudi Arabia. The facility is set to begin operations in Q1 2025. Trina Tracker for Renewable Energy, helps the company enhance its localization and its distribution and service capabilities in the MEA region. The factory is part […] Read more
Australia, Brazil, And India Rank Among Top Five With Renewable Potential Updated On Wed, Feb 19th, 2025 by Saurenergy RatedPower’s, 2025 Global Renewable Trends Report reveals a high confidence in the future of renewables, with storage, solar, and green hydrogen as key growth areas over the next five years. RatedPower is a part of Enverus, an energy-dedicated SaaS company that leverages generative AI in its solutions. According to the respondents it surveyed, the U.S., […] Read more
