As Chinese Wind Turbine Makers Call Truce On Price Wars, Could Solar Follow? Updated On Fri, Oct 18th, 2024 by Saurenergy In a clear indication of the extraordinary efforts being made in China to stem the losses or low profitability in its renewable energy manufacturing sectors, a conference on Wind Energy in Beijing saw 12 of the country’s leading wind turbine firms sign a truce. Four of the world’s top 5 wind turbine makers are Chinese, […] Read more
LONGi Revenues Down 40% In H1 2024, Losses Climb To $760 Million Updated On Thu, Sep 19th, 2024 by Saurenergy LONGi Green Energy, one of the largest integrated solar manufacturers , has reported its H1 results. The results reflect the weakness in prices seen during the year, with the firm slipping into significant loses on a reduced turnover. All this, despite LONGi reporting shipment of over 78 GW of wafer, cells and modules. LONGi reported […] Read more
Jinko Solar Q2 Results-Revenues Down 21.6%, Profits Slump 44% Updated On Mon, Sep 2nd, 2024 by Saurenergy JinkoSolar Holding Co., Ltd., one of the largest solar module manufacturers in the world, has announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Business Highlights Module shipments grew by 34.1% year-over-year to 23.8 GW in the second quarter, ranking first in the industry. At the end of […] Read more
News In Brief July 12: EV Forklifts At Vedanta, Losses At Chinese Solar Firms, Toledo Solar Shuts Updated On Fri, Jul 12th, 2024 by Saurenergy Vedanta Aluminium Adds 66 Units Of Electric Forklifts In Odisha Vedanta Aluminium has expanded its fleet of electric lithium-ion forklifts to 66 units with the additional 22 electric forklifts at its smelter operations in Jharsuguda, Odisha. Deployed across Vedanta Aluminium’s units in Jharsuguda and Lanjigarh in Odisha, as well as its BALCO smelter in Chhattisgarh, […] Read more
Low Solar Prices In China-The Indian Perspective Updated On Thu, Jun 20th, 2024 by Saurenergy Spending time at SNEC PV last week at Shanghai in China, one couldn’t help but wonder about the end game as far as current low solar prices go. For starters, despite the stubbornness of the Indian government when it comes to offering a friendly, or even reciprocal approach to the Chinese, that is still missing […] Read more
China’s World Beating Solar Manufacturers Struggle To Make Profits As Prices Continue Freefall Updated On Mon, May 20th, 2024 by Saurenergy In a situation that has gone from concern, to worrisome to almost panic level some might say, China’s solar manufacturing juggernaut faces a period of low to no profits thanks to prices that have crashed to unprecedented levels. Taiwan-based Infolink Consulting, which tracks solar supply chain prices in China and beyond, in its latest report […] 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
Solar Bids Below Rs 2? BCD Holds Up Solar Tariffs In India Updated On Thu, Sep 28th, 2023 by Saurenergy Even as prices of China-made solar cells and modules continue to slide to unprecedented lows, power consumers are likely to benefit only partially, thanks to the Basic Customs Duty (BCD) of 40 percent that the government has on module imports, besides the 25% on solar cell imports. While the drop in prices is welcome to […] Read more
Grumblings From European Solar Manufacturers Start Over Falling Prices Updated On Mon, Sep 18th, 2023 by Saurenergy At SaurEnergy, even as solar manufacturing has been incentivised, pushed and supported by every means possible, we have regularly highlighted the need to consider the sustainability of it all. Well, the first rumblings have already started, not from the manufacturers who are establishing new capacities, but from already established players in Europe. In an open […] Read more
