Indian Solar Module Exports Surged 23 Times Since FY22: IEEFA Report Updated On Mon, Nov 11th, 2024 by Saurenergy India is making significant progress in transitioning from a net importer to a net exporter of solar products. In Fiscal Year (FY) 2024, Indian solar manufacturers exported approximately US$2 billion worth of solar modules. The solar module export value of PV modules from India increased by more than 23 times in just two years between […] Read more
Can COP29 Help In Expediting Renewable Growth In India? Updated On Mon, Nov 11th, 2024 by Saurenergy The convergence of global leaders, policymakers, and pro-climate groups in Baku, Azerbaijan, for the annual Conference of Parties (COP29) is likely to expedite the energy transition globally. It is more pertinent to the Global South including India which has been demanding fair access to the Climate Fund, as committed by developed countries for pro-climate activities. […] Read more
Global Push for Energy Efficiency Targets Faces Hurdles, Progress Stagnates Updated On Mon, Nov 11th, 2024 by Saurenergy At the 2023 COP28 summit, nearly 200 countries agreed to double the global rate of energy efficiency improvements by 2030. This decision highlights energy efficiency as a critical part of the clean energy transition. However, one year later, progress remains slow, with improvements in energy efficiency showing only a modest increase of about 1% in […] Read more
Premier Energies Reports Surge In Profits In Q2 Updated On Fri, Nov 8th, 2024 by Saurenergy Indian solar module and solar cell manufacturer Premier Energies announced its Q2 results for FY25, for the first time after getting listed on the Indian stock exchange. The company, on a consolidated basis, reported an increase in its revenues and net profits on a Year-on-Year (YoY) basis but a dip in its revenue on Quarter-on-Quarter […] Read more
Hybrid Projects Demand More Planning: Naresh Mansukhani (CEO, Juniper Green) Updated On Fri, Nov 8th, 2024 by Saurenergy Tell us about the journey of Juniper Green in India till now. We launched Juniper Green as a solar-focused platform in 2018, primarily because solar energy is more predictable. During that time wind project tariffs were dropping too low. In 2021, we expanded our capabilities to include wind and storage projects. As a result, we […] Read more
Disincentivizing Solar, Battery Sectors In US Can Cost Billions: Report Updated On Thu, Nov 7th, 2024 by Saurenergy A special report from Net Zero Industrial Policy Lab said that the elevation of Donald Trump as the new President of the United States (US) may affect the solar and battery manufacturing sectors. The report said that disincentivising US solar and battery manufacturing could cost billions and open new supply chain markets for the competitors. […] Read more
Trina Solar Sells 5GW US Module Manufacturing Plant To Freyr Battery Updated On Thu, Nov 7th, 2024 by Saurenergy In a key development, Norwegian battery cell major Freyr Battery has announced an agreement to acquire the U.S. solar manufacturing assets of Trina Solar Co Ltd . Trina has been a global top 5 solar manufacturer and a key part of China’s solar push worldwide. Expected to close around year end 2024, it will create […] Read more
Can India See Large Wind Turbines Beyond 6 MW? Updated On Wed, Nov 6th, 2024 by Saurenergy The upper ceiling of large wind turbines in India is on the rise. Irrespective of the deployment of the same in capacities upto 8 MW to 10 MW in foreign countries like China, India’s tryst with these large structures is limited by costs for now. Going by the government numbers, there are more than eight […] Read more
Energy Storage All Charged Up For A Boom In India, Says SBI Caps Updated On Wed, Nov 6th, 2024 by Saurenergy A new report from Investment bank SBI Caps on Energy Storage Systems paints a bright picture for the future. Building on the inevitability of energy storage requirements as the share of renewable energy in the grid rises, the report takes a deep look at the technologies likely to emerge winners, the size of the opportunity, […] Read more