Material Shortage to Increase Module Prices in 2021 Updated On Thu, Mar 18th, 2021 by Saurenergy The module makers eventually cannot bear the cost pressure anymore which is transmitted from upstream sector as material shortages continues ascend. This is reflected in the actions of almost all industry giants like JinkoSolar, Longi, JA, which reversed their price cut policy and raise their bid quotation, others have already notified their customers of the […] Read more
Will Module Price Skyrocket in 2021? Updated On Thu, Mar 18th, 2021 by Saurenergy 80% of the price of a PV module is based on the cost of raw materials. After Chinese New Year, glass price has not fallen a bit from its autumn highs while polysilicon continues to soar and the prices have been rising across the entire PV supply chain. Recently, from the bidding prices submitted by […] Read more
Europe To Become World’s Second Largest Li-ion Battery Manufacturer By 2025 Updated On Tue, Mar 16th, 2021 by Saurenergy Europe is all set to become the world’s second-largest manufacturer of lithium-ion battery cell by 2025, said a European Commission (EC) vice-president, although some key challenges need to be addressed. In a high-level ministerial meeting of the European Battery Alliance (EBA), to support the continent’s multinational drive for a huge domestic production base and supply […] Read more
GWEC: 22 GW Wind Power Additions in North, Latin America In 2020 Updated On Mon, Mar 15th, 2021 by Saurenergy A recent report by the Global Wind Energy Council (GWEC) confirms that both North and Latin America, installed nearly 22 GW of new capacity of wind power in the region, a 62 percent spike over 2019 beating back the impact of COVID 19 comprehensively. According to the latest data released by GWEC Market Intelligence, in […] Read more
Ayala Backed Sitara Solar Achieves Financial Closure for 100 MW Rajasthan Project Updated On Mon, Mar 15th, 2021 by Saurenergy Sitara Solar, backed by the Philippines based Ayala Solar subsidiary AC Energy and UPC Renewables China Holding, has announced financial closure for its 100 MW project in Rajasthan. The firm had won the project in SECI’s 750 MW solar auction just over a year back, by bidding at a price of Rs 2.48/KwH. The project […] Read more
Sunseap Signs Long-Term Agreement with Amazon for Clean Solar Energy to be Tapped from JTC’s solar farms Updated On Mon, Mar 15th, 2021 by Saurenergy Sunseap Group, Singapore’s leading solar energy provider, has signed a long-term agreement with Amazon to export 62 megawatts (MWp) of clean energy to the national grid, that will help Amazon meet its sustainability goals. Sunseap was awarded one of the two contracts under JTC’s SolarLand Phase 3 tender last year, part of JTC’s efforts to […] Read more
Happy Times for Borosil Renewables As Duty on Solar Glass Imports Notified Updated On Mon, Mar 15th, 2021 by Saurenergy India’s Ministry of Finance has formally notified the levy of a countervailing duty (CVD) on the cost, insurance, and freight (CIF) value on the imports of textured and tempered (whether coated or uncoated) glass from Malaysia. the move follows a recommendation from the country’s DGTR (Directorate General of Trade Remedies) in December last year, when […] Read more
GE Renewable, Goldwind Relegate Vestas To Third Place in Wind Rankings Updated On Fri, Mar 12th, 2021 by Saurenergy A new ranking of Wind turbine manufacturers for 2020 from Bloomberg New Energy Finance (BNEF) has turned up a shake up at the top. GE Renewable Energy and Xinjiang Goldwind Science & Technology Co Ltd have moved up to take the first two spots, pushing the erstwhile Danish leader Vestas Wind Systems A/S to third […] Read more
BCD Decision Sparks Predictable Reactions, Costs To Go Up By 50 p/unit Updated On Fri, Mar 12th, 2021 by Saurenergy Three days after the formal confirmation of government plans to impose an enhanced Basic Customs Duty (BCD) of 25 per cent and 40 per cent on imported solar cells and modules, respectively, the reactions have started coming in thick and fast. Dedicated developers, both those on record and off the record, have expressed their views […] Read more
