EDP Renewables to Invest $7.4 B by 2030 for RE hub in Singapore Updated On Fri, Feb 25th, 2022 by Saurenergy EDP Renewables (EDPR), the world’s fourth-largest renewable energy producer, said on Thursday it plans to invest up to S$10 billion ($7.40 billion) by 2030 to establish a clean energy hub in Singapore for the Asia Pacific region. EDPR, which is 75% owned by Portugal’s biggest utility Energias de Portugal, closed a S$1 billion deal to […] Read more
5 Points to Keep in Mind Before Installing a Residential Solar System Updated On Fri, Feb 25th, 2022 by Saurenergy The advantages of taking on Solar energy by homeowners are being talked about a lot. From saving up to 80% on monthly electricity bills to promoting a sustainable society, going solar has proven to be a rewarding investment for homeowners all over the country. Diminishing energy utilization from the grid and switching to solar technology […] Read more
Explained: EV Subsidies, Incentives Offered by Center and States in India Updated On Thu, Feb 24th, 2022 by Saurenergy Evolving in the new age of electric mobility, various subsidies and incentives offered by the Center and state governments form the backbone of the EV market in India. As per a report, the EV market in India will be USD 206 billion by 2030, if India maintains a steady progress to meet its ambitious 2030 […] Read more
5 Best Lithium Battery Recycling Firms for the New EV World Updated On Tue, Feb 22nd, 2022 by Saurenergy The global lithium battery recycling market is projected to grow from USD 4.6 billion in 2021 to USD 22.8 billion by 2030. This implies a CAGR of 19.6% during the forecast period 2021-2030. Rising investments in EVs and subsidies to encourage battery recycling are some of the key opportunities for the lithium-ion battery recycling market. […] Read more
Icra Predicts Strong Demand for Domestic Solar OEMs with Policy Support Updated On Tue, Feb 22nd, 2022 by Saurenergy Business prospects of domestic solar original equipment manufacturers (OEMs) will remain strong aided by several policy measures over medium-term, rating agency Icra said. As a result, many domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities under PLI scheme by the winning bidders. However, […] Read more
Solis Signs Strategic Cooperation Agreement with C&D Clean Energy Updated On Mon, Feb 21st, 2022 by Saurenergy Leading Chinese string inverter manufacturer Solis, today signed an agreement with renewable energy supply chain service provider C&D Clean Energy to embark on a strategic cooperation for the global market. Both firms have pledged to cooperate closely on clean energy. This will include solar PV, energy storage, energy management, low-carbon energy saving solutions and enhancing […] Read more
Global Solar PV Wafer Market To Grow By 73.71 GW By 2026 Updated On Mon, Feb 21st, 2022 by Saurenergy Research firm Technavio predicts a strong growth for the global solar wafers market. The firm expects the solar photovoltaic wafer market to grow by 73.71 gigawatts from 2021 to 2026. The growth momentum of the market will accelerate at a CAGR of 14.80% during the forecast period. This is a period when many markets, especially […] Read more
Rooftop Solar Installation Price to Rise Until 2023: GlobalData Updated On Fri, Feb 18th, 2022 by Saurenergy Those striving to improve their carbon footprint by installing rooftop solar panels during the pandemic missed out on what has been over a decade-long annual price drop, according to GlobalData. The data and analytics company found that the price of panel systems dropped every year between 2013 and 2020, after which COVID-19-related supply chain disruption […] Read more
Saudi Arabia’s Bin Omairah to Up Solar Panel Exports to Europe, Africa Updated On Fri, Feb 18th, 2022 by Saurenergy Saudi Arabia’s Bin Omairah Holding has planned to increase the export of its solar panels to capitalise on the expanding markets of Europe and Africa. The exports will be done from the company’s factory operational in the Tabuk region. It has also been learnt that the company has plans to open another plant for solar panels […] Read more
