Remove Fossil Fuel Subsidy To Meet 2030 RE Targets: BloombergNEF Updated On Tue, Nov 28th, 2023 by Saurenergy A latest report from BloombergNEF on the issue of global renewable targets claimed that solar is on track for what’s needed to achieve the 2030 target. The report highlighted that the world needs to reduce subsidies in fossil fuels to boost the growth of renewables. This comes at a time when several global leaders are […] Read more
US May See 619 GW Of Renewable Power Between 2023-2030: Report Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report from BloombergNEF forecast a staggering 619 gigawatts (GW) of solar, wind and storage to come online between 2023 and 2030 in the United States. The report forecasts that this will raise energy capacity by 19 GW from the previous outlook. While structural constraints, such as permitting and grid connections, and a higher […] Read more
SOFAR Eyes UK Market with Introduction of Residential, C&I Storage Solutions Updated On Wed, Oct 18th, 2023 by Saurenergy SOFAR, a global provider of all-scenario PV & ESS solutions, displayed it flagship product portfolio with a focus on residential and C&I storage solution at Solar & Storage Live, the United Kingdom’s most prominent renewable energy fair. Energy storage market is estimated to be scaled in many European countries, considering that it provides system flexibility […] Read more
SOFAR Storage Solutions Seeks To Repeat Success In European C&I Market Updated On Thu, Oct 12th, 2023 by Saurenergy SOFAR, a global leading provider of all-scenario PV & ESS solutions, marked presence at the BNEF London Summit. Together with Nelson Nsitem, energy storage analyst from BNEF, both parties jointly held the roundtable “Exploring Possibilities and Overcoming Barriers: C&I Energy Storage in Europe” where industry experts exchange perspectives on C&I energy storage in Europe. SOFAR, […] Read more
Chinese Solar Module Prices Hit Record Lows, Developers Hope For A Lasting Opportunity Updated On Fri, Jun 30th, 2023 by Saurenergy Chinese solar module prices have reached their all-time lowest level, as the Chinese Module Marker (CMM) now stands at $0.173 per W. The CMM experienced an unprecedented decline of 11.73 per cent week-on-week over the past week, representing the largest percentage drop in its history. Most of the downtrend has been attributed to firstly, the […] Read more
China’s Offshore Wind Achieves Remarkable Power Price Parity with Coal Prices Updated On Tue, Jun 13th, 2023 by Saurenergy China’s rapidly expanding offshore wind industry has defied the global norm by successfully driving down power prices to match those of coal, according to a recent report by BloombergNEF. While other regions continue to face upward pressure on energy costs, China’s offshore wind sector has experienced a significant reduction in prices, presenting a promising development […] Read more
Trina Solar’s Module Shipments Total 140 GW, 210mm Modules Cross 65 GW Updated On Mon, May 1st, 2023 by Saurenergy In its recently pusblished full year 2022 and Q1 2023 financial results report, Chinese photovoltaics firm Trina Solar has said its annual revenue stands at $12.645 billion (RMB 85.052 billion), seeing an increase of 83.41% on 2021. The main businesses of the firm, including PV products, PV system and smart energy all registered strong growth. […] Read more
FREYR Battery to Supply Upto 14 GWh LFP Cells to Impact Clean Power Technology Updated On Mon, Jan 16th, 2023 by Saurenergy FREYR Battery has signed a conditional offtake agreement (“COA”) with Impact Clean Power Technology under which, FREYR will supply 10 to 14 GWh of clean next-generation battery cells based on the 24M Technologies SemiSolidTM platform to Impact Clean Power Technology from 2025 to 2030. Norway-based FREYR Battery is a developer of clean, next-generation battery cell […] Read more
How Lithium Batteries Can Reduce The Rates of EV & Its Impact In 2023 Updated On Wed, Dec 28th, 2022 by Saurenergy By Ankit Mittal, Co-Founder & CEO, Sheru For an electric vehicle, the battery is its most crucial as well as its most expensive component. In 2015, they made up more than 57% of the cost of an electric car in the US. Advances in technology, improved manufacturing processes, and efficiency gains have all meant that […] Read more
