Mordor Intelligence Pegs 6.97% CAGR in 2023-28 for Distributed Solar Power Generation Updated On Tue, Oct 3rd, 2023 by Saurenergy A report release by Mordor Intelligence on distributed solar power generation market size forecasts that the market is expected to grow from USD 139.96 billion in 2023 to USD 196.03 billion. It is estimated that this growth is to be attained by 2028, at a CAGR of 6.97% during the forecast period (2023-2028). The report […] 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
ReNew Q1 Fy24 Results- Profits, No. 1 Renewable Developer Crown Back Updated On Sat, Aug 19th, 2023 by Saurenergy Gurugram based, NASDAQ listed ReNew Energy Global Plc, which now calls itself a leading decarbonization solutions company, has announced its consolidated unaudited IFRS results for the three month period ended June 30, 2023. Operating Highlights: As of June 30, 2023, the Company’s portfolio consisted of 13.7 GWs, a 6.3% increase year on year, of which […] Read more
As Solar Exports See Striking Surge, Indian PV Manufacturers Face New Challenges Updated On Fri, Aug 18th, 2023 by Saurenergy China continues its global domination when it comes to the solar supply chain. The leader brought online a whopping capacity of 87.41 GW of new solar power in 2022. As per an IEA report, it contributed to nearly 90% of solar PV modules manufacturing capacity in 2022. The report further states that this Chinese supply […] Read more
Chinese Tracker Major Arctech Bags GW Scale Deal In Uzbekistan Updated On Thu, Aug 17th, 2023 by Saurenergy Central Asia continues to deliver big foor Chinese equipment majors. Arctech, which claims to be the world’s leading solar tracking, racking, and BIPV provider, has signed a solar tracker supply contract with China Energy Engineering Corporation Limited (CEEC) in Uzbekistan, in Qashqadaryo Viloyati and Buxoro with a total capacity of 1GW. The CEEC team is […] Read more
Ready, Set, Go: India’s Solar Manufacturing Ambitions Are Flying Updated On Mon, Jul 31st, 2023 by Saurenergy For India’s solar sector and its many entrepreneurs, all signals are finally green. Or so it would seem. Be it progress on manufacturing plans, including the all important backward integration, exports, and of course, a strong domestic market for their output. Everything has come together for the many firms and entrepreneurs who will hope for […] Read more
As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise Updated On Mon, Jul 24th, 2023 by Saurenergy The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […] Read more
Amplus Solar Signs $3.2 Million Deal with AirTouch for Robotic Cleaning Updated On Mon, Jul 10th, 2023 by Saurenergy Amplus Solar, a distributed energy firm that provides low-carbon clean energy solutions to commercial and industrial customers, has entered into an agreement with AirTouch Solar. The deal is valued at $3.2 million. AirTouch Solar is an Israel-based firm that offers water-free, robotic cleaning system for solar panels. The agreement will pave the way for AirTouch […] Read more
