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
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
Nordex Group Appoints Manav Sharma As CEO Business in North America Updated On Mon, Apr 29th, 2024 by Saurenergy Nordex Group has appointed Manav Sharma as CEO of the business in North America, with effect from 1st June. Mr. Sharma has a long-standing experience of 16 years within the industry, having already served in various senior management positions before joining Nordex. Before his current role as the Nordex Group’s Chief Transformation Officer, in his […] 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
Hitachi, Penske Launch Large-Scale Electric Truck Charging Pilot Updated On Wed, Mar 20th, 2024 by Saurenergy US-based Hitachi Energy and Penske Truck Leasing have announced the launch of their large-scale, centralised electric truck charging solution. This project supports Penske’s electric truck deployments for its customers in the Stockton, California area. Hitachi Energy an energy technology provider and transportation solutions company Penske Truck Leasing announced their joint initiative to set up a […] Read more
Panasonic Energy, H&T Partner To Supply Li-ion Battery Cans To US Updated On Tue, Feb 27th, 2024 by Saurenergy Panasonic Energy a Panasonic Group Company today announced it has signed a long-term agreement with H&T Recharge, a leading battery component manufacturer, for the supply of lithium-ion battery cans in North America, with the aim of expanding its production of safe electric vehicle (EV) batteries. Panasonic Energy and H&T have collaborated since 2017, with H&T […] Read more
North America Witnesses Rise in 2023 Solar PPA Prices, Europe Registers Downfall: Report Updated On Thu, Feb 8th, 2024 by Saurenergy LevelTen, an analyst in the energy market sector, has noted that prices of Power Purchase Agreements (PPAs) in North America have risen over the course of time while that in Europe has decreased with time. The analyst, LevelTen also added in its report that the increase in price across North America has varied as per […] Read more
Exus To Acquire 625 MW New Mexico Solar Portfolio Updated On Tue, Jan 23rd, 2024 by Saurenergy Exus North America, a renewables asset management and development firm, has announced its acquisition of New Mexico Renewable Development LLC (NMRD), a 15-project portfolio of solar farms in the state totalling 625 megawatts. The sale of the portfolio, owned 50/50 by energy holding company PNM Resources (PNM) and major utility American Electric Power (AEP), is […] Read more
Enel Adds 5.2 GW Renewables World Over In 2022, 2 GW In North America Only Updated On Wed, Feb 8th, 2023 by Saurenergy North American clean energy firm Enel North America has announced that it has built 1.98 GW of utility-scale wind, solar and battery storage capacity across the US and Canada in 2022 alone. Worldwide, Enel built over 5.2 GW of new renewable capacity over the course of the year. Starting as an Italian utility firm, ENEL […] Read more
