Solar Production Costs In China Falls By 42% In 2023: Wood Mackenzie Updated On Fri, Dec 15th, 2023 by Saurenergy A latest report states that the cost of producing solar modules in China has dropped by 42% in the last 12 months to US$0.15 per watt (/W). This gave manufacturers in the country cost advantage over international rivals according to the New Horizons report from Wood Mackenzie. The report looks at ‘Five low-carbon tech trends […] Read more
China Ahead Of US, EU In Battery Recycling To Meet Lithium Demand: Report Updated On Tue, Dec 12th, 2023 by Saurenergy A recent report published by a resources conservation and recycling journal shows that, China is ahead of Europe and the US in using battery recycling to meet its needs for Lithium, Cobalt and Nickel for batteries for electric vehicles (EVs). With the increase in the production of batteries for electric vehicles, demand is also rising […] Read more
India’s Solar Panel Imports In Last 5 Years- Vietnam, Malaysia Pick Up Slack From China Updated On Fri, Dec 8th, 2023 by Saurenergy Read more
India’s Solar Panel Imports In Last 5 Years- Vietnam, Malaysia Pick Up Slack From China Updated On Fri, Dec 8th, 2023 by Saurenergy The Union Minister for Power and New and Renewable Energy, R.K. Singh recently shared data on solar panel imports into India in the past 5 years. Sourced from the Export Import Data Bank of the Ministry of Commerce, the figures make for interesting reading. For instance, data claimed between 2022-23 and 2023-24 (6 months) even […] Read more
Sembcorp Eyes Wind Assets of 428 MW in India & China Updated On Thu, Nov 30th, 2023 by Saurenergy Read more
Behind China’s Global Renewable Leadership Updated On Thu, Nov 30th, 2023 by Saurenergy Wood Mackenzie, in its latest projection finds that China is currently on target to reach its 230 gigawatts (GW) of wind and solar installations target this year. With this, the report claims that, China leads the global renewables market. This is more than double the number of US and Europe installations combined, according to latest […] Read more
Sembcorp Eyes Wind Assets of 428 MW in India & China Updated On Thu, Nov 30th, 2023 by Saurenergy Singapore-based renewables player Sembcorp Industries Ltd has announced the signing of two agreements for the acquisition of 428 MW of operational wind farms in China and India. In China, the wholly-owned arm of the Sembcorp Group, Sembcorp Energy (Shanghai) Holding Co Ltd has entered into an agreement worth (USD 97.3m/EUR 88.8m) with Envision Energy Co […] Read more
China’s Module Giants Sound Alarm Over Falling Prices Updated On Thu, Nov 30th, 2023 by Saurenergy At the Bloomberg New Energy Finance Summit in Shanghai on November 27, the leaders of China’s, and the world’s largest solar module firms expressed worries on the all time low module prices seen in recent weeks and months. For what it is worth, prices are expected to drop even further before any recovery can start. […] Read more
China Belt & Road Initiative Brings 128GW Power Capacity: Wood Mackenzie Updated On Thu, Nov 23rd, 2023 by Saurenergy A latest report from Wood Mackenzie said that Chinese companies completed over 300 overseas power projects. This was despite challenges causing over 20% of projects to be cancelled or shelved. The report said that these Chinese firms have made an estimated investment value of around US$200 billion, over these 300 projects. The East Asian country […] Read more