ALMM Of PV Cell Manufacturers In 18 Months, Proposes MNRE Updated On Sun, Sep 8th, 2024 by Saurenergy The Ministry of New and Renewable Energy, in an office memorandum issued on September 7, has proposed extending the ALMM (Approved list of module manufacturers) conditions to solar PV cell manufacturing as well. Thus, it proposes that from April 1, 2026, much like the requirement to source modules only from manufacturers enlisted in ALMM, solar […] Read more
The Rise Of BESS: The ‘Age of Batteries’ Draws Closer Updated On Fri, Sep 6th, 2024 by Saurenergy BESS (Battery Energy Storage System) technology has emerged as a key product for transforming as well as storing, distributing the excess green electricity for later use and for reducing the emissions of CO2. According to the International Energy Agency (IEA), World Energy Outlook 2024 Report, in 2023 battery storage in the power sector was the […] Read more
415 GW and Beyond: Role of Solar Energy in Meeting Global 2030 Climate Goals Updated On Thu, Sep 5th, 2024 by Saurenergy The urgency for a global shift towards sustainable development, primarily driven by renewable energy, is undeniable. Both developed and developing economies have embraced the need to limit the increase in global temperatures, as agreed in the Paris Agreement (COP21). This agreement set ambitious goals for nations to work towards keeping the global temperature increase to […] Read more
Chinese Module Makers Push Across New Frontiers In Search For New Markets Updated On Wed, Sep 4th, 2024 by Saurenergy Hemmed in by domestic overcapacity and trade walls coming up in traditional export markets like the US, Europe and India, Chinese module makers have made an unprecedented push to take solar to newer markets. It remains to be seen if these new markets offer the dame reward and returns equation for these suppliers. Be it […] Read more
Polysilicon Market Bleeds Top 4 Chinese Manufacturers With Losses In H1 Updated On Wed, Sep 4th, 2024 by Saurenergy German polysilicon market specialist Bernreuter Research reports that the top 4 Chinese polysilicon manufacturers all slipped into losses in the first half of 2024. Consequently, at least three of the top 4 have cut down on capacity utilisation in the second half of the year, even as Tongwei continues to maintain output. In the first […] Read more
As Chinese Solar Firms Raise Silicon Wafer Prices, Will Transmission Happen To Cells and Modules? Updated On Mon, Sep 2nd, 2024 by Saurenergy With the recent increase in silicon wafer prices by certain Chinese solar companies including Longi, the firms hope that this will also impact the cost of solar cells exported from China to other countries. Given China’s dominant position in solar cell exports, higher wafer prices could influence global solar module costs in destination markets. Prices, […] Read more
Jinko Solar Q2 Results-Revenues Down 21.6%, Profits Slump 44% Updated On Mon, Sep 2nd, 2024 by Saurenergy JinkoSolar Holding Co., Ltd., one of the largest solar module manufacturers in the world, has announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Business Highlights Module shipments grew by 34.1% year-over-year to 23.8 GW in the second quarter, ranking first in the industry. At the end of […] Read more
At EESA Shanghai, SOFAR Showcases Storage Solutions Updated On Mon, Sep 2nd, 2024 by Saurenergy In a sign of the times, the 3rd EESA Energy Storage Expo kicked off at the Shanghai National Exhibition and Convention Center(SNEC) on September 2 to a massive reception. As a professional exhibition for the world leading energy storage industry from China, the event attracted numerous leading companies from the energy storage supply chain. Firms […] Read more
5 Indian Solar Firms With Plans To ‘Make In USA’ Updated On Mon, Sep 2nd, 2024 by Saurenergy Solar, Supply Chain And Scaling Manufacturing: Indian Firms Pivot To The USA The Solar Energy Manufacturers for America Coalition (SEMA) released a report this year revealing that Chinese-headquartered companies now produce 99% of the world’s solar wafers and over 80% of the world’s polysilicon. These two components alone account for more than half the value […] Read more
