Global Solar Inverter Shipments Grew By 56%: Wood Mackenzie Updated On Fri, Aug 9th, 2024 by Saurenergy Solar inverter shipments surged by 56%, reaching 536 Gigawatts (GW) of alternating current (GWac) in 2023, reflecting robust growth in the solar industry, a latest report from Wood Mackenzie said. According to Wood Mackenzie’s “Global Solar Inverter and Module-Level Power Electronics Market Share 2024” report, the top 10 global PV inverter vendors captured 81% of […] Read more
India To See 8% Rise In Electricity Consumption In 2024: IEA Report Updated On Mon, Jul 22nd, 2024 by Saurenergy A latest report from the International Energy Agency (IEA) said that India’s total electricity consumption is set to rise by around 8 percent in 2024. It also said that power consumption is set to the rise significantly in countries like China, India and the United States (US). IEA’s latest report titled ‘Electricity Mid-Year Update’ talked […] Read more
Indian Wind Sector Prone To Cybersecurity Risks: NITI Aayog Report Updated On Thu, Jul 18th, 2024 by Saurenergy A recent report by NITI Aayog identified emerging concerns in cybersecurity for the Indian wind sector due to the import of components for the wind sector, particularly from China, by the Wind Turbine Original Equipment Manufacturers (OEMs). The report proposes a multi-pronged approach integrating policy interventions, manufacturing support, and robust cybersecurity measures. Given the increasing […] Read more
Energy Storage Can Bring 1 TW New Capacity Online By 2033, Finds Study Updated On Tue, Jul 9th, 2024 by Saurenergy Wood Mackenzie, recently forecasted an increase in renewable energy consumption from 2024 to 2033. It expects developers to bring more than 5.4 terawatts (TWac) of new solar and wind capacity online, which can increase the cumulative global total to 8 TWac, according to the latest analysis by Wood Mackenzie. The global data and analytics provider […] Read more
Evervolt Green Energy & SolaX Partners For Energy Advancement At SNEC Updated On Tue, Jun 25th, 2024 by Saurenergy SolaX Power Network Technology (Zhejiang) Co., Ltd. and Evervolt Green Energy Pvt Ltd unveiled an alliance set to drive renewable energy advancements across India at the 7th (2024) International Photovoltaic Power Generation and Smart Energy Conference & Exhibition (SNEC). Signed by Jerry Cui, Sales Director of APAC & MEA Market from SolaX Power Network Technology […] Read more
Clean Energy Investment Double The Fossil Fuel Amount This Year: IEA Updated On Fri, Jun 21st, 2024 by Saurenergy Global spending on clean energy technologies and infrastructure is on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies, according to a report by the International Energy Agency (IEA). Despite pressures on financing, global investment in clean energy is set to reach almost […] Read more
SOFAR’s Showcases Next-Gen Energy Management at SNEC 2024 Updated On Fri, Jun 14th, 2024 by Saurenergy Leading global leading provider of all-scenario PV & ESS solutions, unveiled the latest SOFAR Cloud system at SNEC, marking another significant step towards fulfilling the solar and energy storage digital ecosystem. This plant monitoring and O&M system is set to redefine energy management with four major advantages, the firm said in a media statement today. […] Read more
Growatt To Showcase Smart Energy Solutions At SNEC Expo 2024 Updated On Wed, Jun 12th, 2024 by Saurenergy The SNEC PV Power Expo, scheduled from June 13 to 15, will be held at the National Exhibition and Convention Center (Shanghai) in China, serving as a platform to gather all professionals and discover the most pioneering trends in the field of new energy. At this event, Growatt will showcase its innovations and full range […] Read more
China’s ‘Spare Solar’ Capacity Offers Energy Access Avenues: EMBER Updated On Wed, Jun 12th, 2024 by Saurenergy A recent report by EMBER delved into the untapped potential of surplus solar manufacturing capacity in China, highlighting its pivotal role in addressing both energy access and climate change. It revealed that despite the exponential growth in global solar manufacturing capacity, the deployment of solar panels worldwide lags significantly behind. According to estimates by the […] Read more
