Tracxn Environment Tech Report 2024- Funding Drops, But Share Improves Updated On Mon, Jun 10th, 2024 by Saurenergy Startup Research firm Tracxn released a special Environment funding report on World Environment Day last week. A Key Finding was the rise of Equity funding for Environment Tech companies in proportion to global tech funding. In 2024, close to 10% of all equity funding has gone into startups in the environment tech sector. A significant […] Read more
US EV Purchase Dissipates As Consumer Demand Cools Down: Report Updated On Fri, May 17th, 2024 by Saurenergy An American data analytics, software, and consumer intelligence company, J.D. Power 2024 US Electric Vehicle Consideration (EVC) Study estimate that consumer demand for electric vehicles (EVs) has cooled as the industry grapples with persistent growing pains. For the first time since the study’s inception in 2021, new-vehicle buyer consideration has dropped from the previous year. […] Read more
India Adds 1 GW Of New Renewable Capacities In April 2024 Updated On Fri, May 10th, 2024 by Saurenergy The latest data from the Ministry of New and Renewable Energy (MNRE) said that India added a total of 1.1 GW of new renewable energy capacities in April 2024. This was propelled by the surge in the additions of solar and wind energy capacities. With the additions of new solar and wind capacities, India’s total […] Read more
Low Module Prices Weigh On Q1 Earnings For China’s Solar Champions Updated On Fri, May 10th, 2024 by Saurenergy Over the past 10 days, as numbers have continued to pour out from the listed players from China’s formidable solar sector, the impact of the low solar module prices seen over the past two quarters and more is clearly visible on their earnings as well. Even as volumes have grown in many cases, revenues have […] Read more
SMA 2024 Fiscal Year Sales: Profitability In Line With Expectations Updated On Thu, May 9th, 2024 by Saurenergy Germany-based SMA Solar Technology AG completed the first quarter of 2024 which the company claims lines with their expectations. The group sales totalled €361.8 million and were thus at the same level as the previous year (Q1 2023: €367.2 million). SMA said in a statement, “As expected, sales in the home solutions and commercial & […] Read more
India Sees Steepest Rise Of Solar, Coal Follows The Race Updated On Mon, Apr 29th, 2024 by Saurenergy Renewable energy capacities in India especially solar seem to have received an impetus in the first quarter of 2024 (January-March). As per the analysis of the International Energy Economics and Financial Analysis (IEEFA) the highest additions of new capacities of fuels in India were seen from the solar sector, followed by coal projects. IEEFA in […] Read more
Renewable PPA Prices In North America Stabilise in Q1, Drop In Europe Updated On Fri, Apr 19th, 2024 by Saurenergy Spain-based Power purchase agreement (PPA) services company and platform LevelTen Energy, in its latest report has called Q1 2024 as one of the more stable ones after a while in North America, as renewable PPA offer prices in North America (led by drop in Solar PPAs)increased by less than 1% from the previous quarter. According […] Read more
Elections 2024: Renewables Take Center Stage In Political Parties’ Manifestos Updated On Mon, Apr 15th, 2024 by Saurenergy The leading Indian political parties have now come out with their party manifestos for the upcoming Parliament (Lok Sabha) elections. Some of them have now also promised their consumers access to increased renewable power too. This comes months after the BJP-led Union government announced PM Surya Ghar Muft Bijli Yojana which has already been rolled […] Read more
Latest ALMM Update: India’s Enlisted Solar Module Capacity Up By 3.5GW Updated On Sat, Mar 23rd, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now published its revised list of ALMM (Approved List of Models and Manufacturers of Solar PV Modules). The latest list shows 83 local solar module manufacturing entities/plants in the country. The revised list portrays additional new capacities of 3,501 MW. The increase in the capacities is […] Read more
