Q Cells Invests Into Solar Storage Firm Amped Solutions in North America Updated On Tue, Aug 31st, 2021 by Saurenergy Q Cells North America, which is among the market leaders in the US market with its range of solar modules and cells, has made an undisclosed investment into a portfolio of solar-plus-storage projects of Amped Solutions in California. This deal had been structured to help Amped Solutions reduce project risks and upgrade its systems. For […] Read more
US Battery Storage Facilities Set Capacity Records: IHS Markit Updated On Fri, Aug 27th, 2021 by Saurenergy Utilities in the US are poised to leapfrog each other in the race to have the largest installation in the country and the world, as a California facility was expanded this month, but a Florida utility will soon finish an even bigger project, writes Kevin Adler, Editor, Climate & Sustainability Group, IHS Markit, in a timely […] Read more
Tongwei Earns $462.3 Million Net Profit in H1 FY21 Updated On Thu, Aug 26th, 2021 by Saurenergy Chinese solar equipment manufacturer Tongwei saw an almost three-fold increase in its profits in the first half of 2021 as a result of prices rising throughout the solar value chain during this period. In H1 FY21, Tongwei’s operating revenue was RMB26.5 billion (US$4 billion), up nearly 42% year-on-year. Net profit nearly trebled to RMB3 billion […] Read more
World’s Module Capacity to Grow in ’21; Southeast Asia 2nd Top Supplier Updated On Thu, Aug 26th, 2021 by Saurenergy Up to 400 GW of nameplate solar module manufacturing capacity and nearly 325 GW of nameplate cell capacity could be online by the end of 2021, says a new report. Southeast Asia is the second top production location for cell and module suppliers, following China and Taiwan, which are at the top. Clean Energy Associates […] Read more
Global Power Sector Emissions Increases by 5% : EMBER Updated On Wed, Aug 25th, 2021 by Saurenergy A new report published by energy think tank Ember reveals that rising global electricity demand in the first half of 2021 outpaced growth in clean electricity, which led to an increase in emissions-intensive coal power. As a result, global power sector emissions increased beyond pre-pandemic levels. “Catapulting emissions in 2021 should send alarm bells across […] Read more
BiPV Global Market to Grow to US$23.3 B by 2027, Says Report Updated On Mon, Aug 23rd, 2021 by Saurenergy Amid the COVID-19 crisis, the global market for building integrated photovoltaics (BiPV) is estimated to grow from US$10.3 billion in the 2020 to reach US$23.3 billion by 2027, says a new report entitled “Building Integrated Photovoltaics (BiPV) – Global Market Trajectory & Analytics.” The full report can be accessed here. The CAGR over the analysis period 2020-2027 […] Read more
ICRA Predicts 8-10% Share For E Buses by 2025 Updated On Fri, Aug 20th, 2021 by Saurenergy Buses, the bulwark of public transport in any well planned transport system, are set to be a key part of the transition to electric mobility in India too. Thanks to focused subsidies and pressure to improve a decrepit bus network in most markets, e-buses are set to make a large impact in this category. For […] Read more
Why So Slow? JP Morgan Energy Paper Seeks To Answer The Question Updated On Thu, Aug 19th, 2021 by Saurenergy The asset and wealth management arm of JP Morgan Chase & Co. Has released its annual energy paper, “Eye on the Market,” which examines current trends on the ground every year as the fourth great energy transition unfolds. The 11th edition of this paper zero’s in on one question: Why is the transition taking so […] Read more
Will Concentrated Solar Power be Reborn? Report Says Yes Updated On Thu, Aug 19th, 2021 by Saurenergy Concentrated Solar Power (CSP), which has lain moribund for a decade, is about to be reborn, according to a new report from Rethink Technology Research, with global capacity to increase several times over by 2030. The study expects CSP to claim its place serving power grids, green hydrogen complexes, and industrial process heat in California, […] Read more
