Tracker Firm Arctech Secures 125MW Solar Project in Bosnia & Herzegovina Updated On Tue, Jan 14th, 2025 by Saurenergy Arctech, a solar tracking and racking solutions provider, recently signed a supply agreement with NORINCO International, part of China North Industries Corporation. Under this agreement, Arctech would supply its 1P single-axis solar tracking system SkyLine II for a 125 MW solar project. The project is located near Stolac, Bosnia and Herzegovina (BiH), marking a milestone […] Read more
Solar Energy Trends in 2025-The View From Europe Updated On Tue, Dec 24th, 2024 by Saurenergy A tsunami of cheap Chinese solar panels flooding Europe, an increasing taste for rooftop solar and a boom for small, medium and large-scale battery storage. These are the three strongest trends in solar energy as we move into the new year. I have predicted global solar and renewable trends for the past ten years. Most […] Read more
EMBER Report Says Transatlantic Interconnection Could Be Cheaper Than Nuclear, Hydrogen Updated On Tue, Dec 17th, 2024 by Saurenergy Transatlantic interconnection could be a valuable tool for achieving cheaper energy prices, improving supply security, and advancing decarbonization. Despite the high capital costs, it may prove more cost-effective than other options such as nuclear and hydrogen. According to EMBER research, transatlantic interconnection could help both North America and Europe achieve a more secure and efficient […] Read more
Lithium-Ion Battery Pack Prices See Largest Drop Since 2017: BNEF Updated On Wed, Dec 11th, 2024 by Saurenergy The latest analysis from BloombergNEF (BNEF) said that battery prices this year, in 2024 saw their biggest annual drop since 2017. Lithium-ion battery pack prices dropped 20% from 2023 to a record low of $115 per kilowatt-hour, according to the research. BNEF identified a decline in cell manufacturing overcapacity, economies of scale, low metal and […] Read more
Global RE Growth Hits New Highs Amid Falling Costs: IEA Report Updated On Tue, Nov 5th, 2024 by Saurenergy Globally, renewable energy shows no signs of slowing down. In the first half of 2024, solar PV additions rose by 36%, electric vehicle sales increased by 25%, and wind power capacity additions kept pace with last year’s deployment, said report. International Energy Agency (IEA) recent report on Clean Energy Market Monitoring indicated that clean energy […] Read more
Mercedes-Benz Opens Its Recycling Factory In Germany Updated On Tue, Oct 22nd, 2024 by Saurenergy German carmaker Mercedes-Benz recently opened its first battery recycling plant in Europe with an integrated mechanical-hydrometallurgical process making it one of the first car manufacturer worldwide to close the battery recycling loop with its own in-house facility. The recycling plant in Kuppenheim in southern Germany is set to boost the circular economy of automobile batteries. […] Read more
After China & Europe, India Set To Embark On Offshore Wind Journey Updated On Tue, Oct 15th, 2024 by Saurenergy After a thrust to offshore wind energy projects in China and Europe, swings of changes in this sector are now expected in India too. Last year, globally 10.8 GW of new offshore wind energy capacities were added, as per a report from the Global Wind Energy Council (GWEC). The lion’s share was taken by China […] Read more
H1: Global Wind Turbine Orders Hit 91.2 GW, India Orders Rise 69% YoY Updated On Tue, Sep 17th, 2024 by Saurenergy Globally, the wind turbine order intake reached a new high in H1, with the addition of 91.2 GW. This is a 23 percent increase year-over-year (YOY). According to a new analysis from Wood Mackenzie, this took the global investment by developers in H1 to US$ 42 billion, a 3% increase YOY. Whereas, the developers in […] Read more
EIB, Development Bank Of Southern Africa Grant €600 Mn To Private RE Sector Updated On Fri, Sep 13th, 2024 by Saurenergy The European Investment Bank (EIB) and the Development Bank of Southern Africa (DBSA) have further boosted their support for renewable energy projects in the private sector, aiming to increase clean energy generation while supporting new jobs. A € 100 million (ZAR 1.98 billion) loan from the EIB, matched by the DBSA, comes in addition to […] Read more
