GE Vernova Plans $600 Mn Investment To Build US Factories Over Next Two Yrs Updated On Fri, Jan 31st, 2025 by Saurenergy GE Vernova Inc., a US-based energy manufacturer has announced plans to invest nearly $600 million in its US factories and facilities over the next two years to help meet the surging demand worldwide. The new investments – expected to create more than 1,500 new US jobs – will help drive its energy affordability, national security, […] Read more
SEIA Envisions To Install 700 GWh ESS Across US By 2030 Updated On Thu, Jan 30th, 2025 by Saurenergy US solar body Solar Energy Industries Association (SEIA) has unveiled a target for the U.S. to deploy 10 million distributed storage installations and reach 700 gigawatt-hours (GWh). These targets are part of a new whitepaper that analyzes the economic and energy security imperative of the storage sector. SEIA has also set sub-targets for residential, community, […] Read more
News In Brief: TotalEnergies 75MW Deal, ENGIE’s Saudi Plans, KPI Green In 300 MW Solar Deal Updated On Thu, Jan 30th, 2025 by Saurenergy TotalEnergies and STMicroelectronics In 75 MW Green Energy Deal French energy major TotalEnergies and STMicroelectronics have signed a Power Purchase Agreement (PPA) to supply renewable electricity to STMicroelectronics sites in France. This 15-year contract, started in January 2025, represents an overall volume of 1.5 TWh of power supply.TotalEnergies will provide STMicroelectronics, an integrated device manufacturer, […] Read more
Global Solar Installations In 2025 To Stagnate At 493 GWdc: Report Updated On Mon, Jan 27th, 2025 by Saurenergy The global solar market continued its growth trend in 2024 to reach 495 GWdc installed capacity, with a 14% increase compared to 2023. A latest Wood Mackenzie report estimates a rise in power demand across regions due to the proliferation of data centers and growing electrification trends. However, the research report also cautions against several […] Read more
Europe: Solar Surpasses Coal With 11% Growth In 2024 Updated On Fri, Jan 24th, 2025 by Saurenergy European Union (EU) in 2024 witnessed an 11% rise in solar-generated electricity overtaking coal which fell below 10%. European Electricity Review by Ember said. The latest review by think tank Ember, identified, a decline in gas generation in the EU for the fifth year in a row, and total fossil generation also fell to a […] Read more
JinkoSolar Leads PV Module Production, Adani Solar Among Top 10 Updated On Thu, Jan 23rd, 2025 by Saurenergy The latest solar module manufacturing ranking released by Wood Mackenzie confirms that Chinese solar module manufacturer Jinko Solar continues to lead globally. According to the ranking, nine out of the top 13 companies are based in China. From India, Adani Solar was the sole entrant in the top 10 rankings. Some of the leading companies […] Read more
News In Brief Jan 23: Nextracker, Saatvik bags EPC Contracts From HPPCL, Jindal Group Updated On Thu, Jan 23rd, 2025 by Saurenergy Saatvik Green Bags Solar EPC Contracts From HPPCL Saatvik Green Energy Limited, a solar EPC solutions provider has been awarded two solar EPC contracts by Himachal Pradesh Power Corporation Limited (HPPCL). The contracts, totaling 23 MW, include an 11 MW solar project in Lamlehri Upperli UNA and a 12 MW solar project in Gondpur Bulla […] Read more
Sineng Electric Supplies ESS For North Africa’s First Utility-Scale Project Updated On Wed, Jan 22nd, 2025 by Saurenergy Sineng Electric, a global solar and energy storage solutions provider, joined forces with Trinasolar to supply its central PCS energy storage solution to the 300MWh Abydos Battery Energy Storage Project. The project is located in Kom Ombo, Aswan Governorate. It’s the first utility-scale energy storage project in Egypt, defining a new era for clean energy […] Read more
China Adds 277 GW Of New Solar Capacities In CY24 Updated On Wed, Jan 22nd, 2025 by Saurenergy Notwithstanding the global trade challenges of the Chinese solar industry, the country has now created new records in its green energy landscape. As per the latest data furnished by the National Energy Administration (NEA), China’s solar energy capacity has touched 886.67 GW. China’s solar capacity This is far ahead of other nearby countries in Asia […] Read more
