Risen Energy Invests in Cell and Module Expansion Updated On Mon, Feb 7th, 2022 by Saurenergy Chinese solar panel manufacturer Risen Energy has announced that the company and Ningbo South Coastal Economic Development have inked an agreement for a 15 GW N-type ‘Ultra-Low-Carbon High-efficiency’ hetero-junction cells factory and a 15 GW ‘high-efficiency’ solar module production facility. As per the company, the quest will incur a total investment of $2.39 billion, of […] Read more
WB E-Vehicle Plans Stumped by Shortage of Lithium-ion Batteries Updated On Mon, Feb 7th, 2022 by Saurenergy The high dependence on imported lithium ion batteries (cells) is taking a toll on the vehicle industry that looks for a quick and quality transition from fossil fuel based to electricity mode. This time the Transport Minister of West Bengal – Firhad Hakim – has said that the state is not able to expand its […] Read more
APAC Senior Supply Planner Updated On Fri, Feb 4th, 2022 by Saurenergy The APAC Senior Supply Planner will be based in Hyderabad. Onboarding will be virtual for the time being with occasional socially distanced meetings at a Nextracker office. In this position, you will report to Senior Manager, Materials Planning. We are looking for a dynamic supply chain professional to manage our increasing supplier base in APAC […] Read more
Record Electric Vehicle Sales Worldwide in 2021: Report Updated On Thu, Feb 3rd, 2022 by Saurenergy New electric vehicle (EVs) sales portrayed an ever-increasing trend last year. With a total number of 6.5 million units sold in 2021, the year saw almost every next month set a new record. As per the report by EV Volume, in the last month of December alone, over 907,000 electric cars were sold, a nearly […] Read more
Supply Chain Plus BCD Claims First Big Casualty, As Scatec, ACME Pause 900 MW Project Updated On Thu, Feb 3rd, 2022 by Saurenergy Supply chain bottlenecks and infrastructural gaps are hurting the renewables sector of the country badly. In a fresh development, Norway’s leading solar player Scatec and India’s ACME have declared that they are pausing their 900 MW solar power project in India for the moment. The project was worth $400 million and was coming up in […] Read more
A Solar PLI Scheme Disregarding MSME Sector Could Lead To Cartel Like Situation In Solar Too Updated On Wed, Feb 2nd, 2022 by Saurenergy The announcement of the PLI scheme expansion from Rs 4500 crore till now by a further Rs 19,500 crores was the most notable one for the solar sector in the Budget for 2022. While widely welcomed, the move does raise an existential question for the hundreds of SME and MSME firms involved in the module […] 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
200 GW Milestone Beckons For Solar Additions in 2022, Cheaper With Extra Storage, Says BNEF Updated On Wed, Feb 2nd, 2022 by Saurenergy Bloomberg New Energy Finance (BNEF) has predicted that the year 2022 will see the 200 GW milestone in a year for solar crossed for the first time. In 2021, photovoltaic systems with a combined capacity of 183 GW were installed across the globe, a 40 GW jump over 2020. The 2021 figures also came in […] Read more
Solar O&M Market Set To Grow to $15 billion By 2030-Woodmac Updated On Tue, Feb 1st, 2022 by Saurenergy Global non-residential solar operations and maintenance (O&M) spend is expected to hit US$15 billion by 2030. But new research from global energy consultancy Wood Mackenzie (Woodmac) indicates that increasingly competitive auction prices, coupled with rising labour and supply chain costs, mean service vendors face challenges to stay profitable. Leila Garcia da Fonseca, senior manager, Wind […] Read more
