Schneider Electric, ENGIE Enter Tax Credit Transfer Agreement Under IRA Updated On Thu, Feb 22nd, 2024 by Saurenergy Schneider Electric, a digital energy and automation manager company recently announced its investment in a portfolio of Texas-based clean energy projects. Through this, it utilized a Tax Credit Transfer Agreement (TCTA) for solar and battery storage systems developed, built, and operated by ENGIE North America (ENGIE). The contracted projects are expected to come online throughout […] Read more
Solis Strengthens Bankability Rank For Buyers Updated On Mon, Feb 5th, 2024 by Saurenergy In a key development Ginlong (Solis) has announced its notable position in the 2023 BloombergNEF (BNEF) Inverter Bankability Survey. The survey, engaging diverse industry stakeholders such as banks, solar engineering contractors, and technical advisers, sheds light on the solar inverter bankability landscape. Bankability rankings serve to reassure financial institutions backing solar projects on the quality […] 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
Amazon’s Portfolio Can Power 7.2 million US Homes Each Year: Report Updated On Mon, Jan 22nd, 2024 by Saurenergy Amazon, a corporate company in the United States (US) invested in more than 100 new solar and wind energy projects in 2023, becoming the one of the corporate purchasers of renewable energy for the fourth year in a row. Amazon claims these investments include the company’s first brownfield project—which will repurpose a previously polluted Maryland […] 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
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
Waaree Energies Wins 200MW Module Supply Mandate from ENGIE India Updated On Tue, Oct 31st, 2023 by Saurenergy Indian solar module manufacturer Waaree Energies announced receiving a mandate from ENGIE India for the supply of 200 Megawatt (MW) of solar modules for a solar power project at Sayla village in the Surendra Nagar district of Gujarat. ENGIE India is a subsidiary of the French-based ENGIE Group, a global player in low-carbon energy and […] Read more
NREL Study Forecasts Significant Decline in BESS Costs by 2030 Updated On Wed, Jun 28th, 2023 by Saurenergy The long-term lithium-ion battery energy storage system (BESS) costs could halve over this decade, as per the “Cost Projections for Utility-Scale Battery Storage: 2023 Update” report by US National Renewable Energy Laboratory (NREL). The report forecasts the future capital expenditure (capex) costs of Battery Energy Storage Systems (BESS) from 2022 to 2050. It specifically focuses […] 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
