Can India See Large Wind Turbines Beyond 6 MW? Updated On Wed, Nov 6th, 2024 by Saurenergy The upper ceiling of large wind turbines in India is on the rise. Irrespective of the deployment of the same in capacities upto 8 MW to 10 MW in foreign countries like China, India’s tryst with these large structures is limited by costs for now. Going by the government numbers, there are more than eight […] Read more
Solar Manufacturing Cuts Silicon Use By 88%, Makes Solar Affordable: Report Updated On Wed, Nov 6th, 2024 by Saurenergy Globally, solar energy has soared, from 1.22 GW in 2000 to 1,418.97 GW in 2023, with solar manufacturing projected to exceed demand, making solar more affordable. Solar jobs have followed suit, which have surged to 7.1 million, and global capacity is also expected to see gains, reaching 7,203 GW by 2030. The International Solar Alliance […] Read more
Global Solar Energy Costs Drop, Offshore Wind Prices Stay High: Wood Mackenzie Updated On Tue, Oct 22nd, 2024 by Saurenergy Globally, the Levelised Cost of Electricity (LCOE) landscape made significant advances in renewable energy technologies, with wind and solar power leading the way. The levelized cost of electricity (LCOE) is used to evaluate the net present value of the cost of electricity over generated during the lifetime of the generating system from the energy technology. […] Read more
Oxford PV’s Tandem Solar Panels Enter US Market For Commercial Use Updated On Thu, Sep 5th, 2024 by Saurenergy Oxford PV, a UK-based solar cell manufacturer, recently began commercializing its tandem solar technology, which is 20% more powerful, with the first shipment to a US-based customer. The 72-cell panels are comprised of Oxford PV’s proprietary perovskite-on-silicon solar cells, which can produce up to 20% more energy than a standard silicon panel. These solar cells […] Read more
Sungrow, Hero Future Energies Ink 850 MW Supply Agreement Updated On Thu, Jul 18th, 2024 by Saurenergy Sungrow signed a strategic agreement with Hero Future Energies (HFE), to supply 850 MW of inverters, expanding its presence in clean energy space. Sungrow a PV inverter and energy storage system provider for renewables signed an agreement with Hero Future Energies (HFE), the renewable energy arm of Hero Group. Through this agreement, the company claims […] Read more
Global Floating Wind Industry Reached 270 GW In FY24: IRENA Updated On Tue, Jul 16th, 2024 by Saurenergy While still in its infancy, the global floating wind industry reached approximately 270 MW of operational capacity as of 2023. However, the international pipeline indicates a growing interest with 244 GW of new floating wind projects in development. The latest International Renewable Energy Agency (IRENA) report on offshore wind power highlights its high-capacity factors and […] Read more
Changing Renewable LCOE Dynamics To Favour Big Companies: Report Updated On Fri, Jun 7th, 2024 by Saurenergy A latest report by Lazard on the Levelized Cost of Energy (LCOE) claimed that the changing dynamics of LCOE is the United States (US) is likely to benefit the larger companies. It said that the results of its LCOE analysis hinted that sizable and well capitlized companies can take advantage of the supply chain and […] Read more
To Meet AgriPV Capacity Of 20 GW In India By 2040, 1.1 Lakh Jobs To Be Created-Report Updated On Mon, Apr 8th, 2024 by Saurenergy India’s potential for Agri-Photovoltaic (APV) varies significantly across districts, ranging from 3,156 GW to 13,803 GW for various APV technologies according to recent report. In a report by the Fraunhofer Institute for Solar Energy Systems, EY, and CSTEP they projected APV capacity from 2024 to 2040, to achieve a cumulative addition of 20 GW and […] Read more
Solar Became Cheapest Fuel Source For Newly-Built Power Systems: EY Updated On Thu, Dec 7th, 2023 by Saurenergy The latest report by Ernst and Young (EY) claimed that solar energy emerged as the cheapest fuel source for newly built power systems globally, fueling a faster energy transition. The report said that despite the challenges like inflation and price rises, solar power seemed to be the leader. It claimed that with its lowest Levelized Cost […] Read more
