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
RE100 Firms Added 57 GW Of Renewable Power, Says BNEF Report Updated On Tue, Nov 26th, 2024 by Saurenergy A latest report from Bloomberg New Energy Finance (BNEF) has shed light on the transition of clean energy corporations. The report said that clean energy corporations have undergone a significant transition in the Asia-Pacific (APAC). It said that the transition was more significant over the last two decades. The research agency said that these corporations […] Read more
JinkoSolar Enters BNEF Energy Storage Tier 1 List Updated On Mon, Apr 22nd, 2024 by Saurenergy Continuing the trend of leading solar equipment manufacturers making a mark into energy storage as well, leading globak module maker JinkoSolar makes an entry into Bloomberg NEF’s “BNEF Energy Storage Tier 1 List 2Q 2024”. The admission acknowledges Jinko’s quality as well as ambition to continue to be an integral part of the evolving solar […] Read more
Global Solar Outlook 2024- BNEF Expects 655GWdc Addition In Best Case Updated On Thu, Feb 29th, 2024 by Saurenergy Amid early expectations of a possible stall in China’s solar additions in 2024, comes the latest Global PV Market Outlook from BNEF. The report has projected up to 655GWdc of solar PV capacity additions this year in its optimistic scenario, with its conservative forecast projecting 520GWdc. For the record, it tracked 444GWdc of solar capacity […] Read more
Vikram Solar Secures Spot In BNEF Tier 1 Global Module Makers List Updated On Thu, Feb 22nd, 2024 by Saurenergy Solar module manufacturer Vikram Solar announced that it has once again achieved Tier 1 status in BloombergNEF’s prestigious global module manufacturers list adding, “This recognition underscores the company’s enhanced efficiency, bankability, and production of high-quality products.” BNEF stands as a reputable industry research organisation in the field of new energy, recognised for its credibility and […] Read more
Trina Storage Secures Position in BNEF Tier 1 List for Q1 2024 Updated On Wed, Jan 24th, 2024 by Saurenergy Trina Storage, an energy storage solution provider, has been included in the esteemed Bloomberg New Energy Finance (BNEF) Energy Storage Tier 1 List for the first quarter of 2024. BNEF stands as a reputable industry research organisation in the field of new energy, recognised for its credibility and expertise. The BNEF list aims to clearly […] Read more
Solis Confirms Leadership Tier With Tier 1 Status In BNEF Updated On Wed, Dec 20th, 2023 by Saurenergy Ningbo, China-based , Ginlong (Solis) Technologies, recognized as one of the foremost and largest inverter manufacturers globally, has ended 2023 with its inclusion in the BloombergNEF Tier 1 PV Inverter Manufacturers list for the fourth quarter of 2023. For Solis, this noteworthy acknowledgment caps what has been a tremendous year for the firm in China […] Read more
Investment In Renewable Energy Matches Fossil Fuels in 2022 For First Time – BNEF Updated On Tue, Jan 31st, 2023 by Saurenergy Investments in the renewable energy sector continue to power the energy transition underway, away from fossil fuels. As per a Bloomberg NEF (BNEF) report called ‘Energy Transition Investment Trends 2023’, for the first time, global investment in low-carbon energy technologies worldwide was roughly equivalent to amount invested in fossil fuels. The amount of investment in […] Read more
Led by Amazon, Corporates Bought 31.1 GW Clean Energy in 2021: BNEF Updated On Wed, Feb 2nd, 2022 by Saurenergy Corporations bought a record 31.1 gigawatts of clean energy through power purchase agreements, or PPAs, in 2021, up nearly 24% from the previous year’s record of 25.1GW, according to research firm BloombergNEF (BNEF). Over two thirds of this purchasing (65%) occurred in the U.S. However, also underpinning the strong growth is a surge in activity […] Read more