Drop In Solar Costs Put At 3% by IRENA for 2021-22 Period Updated On Mon, Sep 4th, 2023 by Saurenergy The International Renewable Energy Agency (IRENA) has published a report into the cost of producing power in 2022, putting the drop in levelised cost of electricity (LCOE) in the solar PV sector at 3% in 2022, and 89% between 2010 and 2022. The findings will be no surprise to industry insiders, considering how the drop […] Read more
H1 Global Wind Turbine Orders At High Of 69.5 GW Updated On Fri, Sep 1st, 2023 by Saurenergy Research from research firm Wood Mackenzie. indicates that global wind turbine order intake reached new highs in H1, with 69.5 gigawatts (GW) of activity, a 12 percent increase year-over-year. The figures include offshore as well as onshore wind turbine orders. A big driver of this activity was offshore wind turbine orders from outside of China, […] Read more
The Unicorn In Solar Market : Zetwerk’s Story Updated On Thu, Aug 31st, 2023 by Saurenergy Ever since the solar sector was brought into focus sharply in 2014, in the form of an ambitious capacity addition plan by the central government, the sector has been abuzz. Yes, there have been the predictable, and some unpredictable roadblocks too, be it the covid pandemic, or the price volatility that followed it. But there […] Read more
Suzlon Sees Wind Project Order Downsized From 285 MW To 168 MW Updated On Wed, Aug 30th, 2023 by Saurenergy Renewable energy solutions provider Suzlon Energy has announced that it has suffered a significant downsizing of an order it had won in 2018. The order, dated May 30, 2018, from Avikiran Solar India Private Limited was for a 285 MW wind project, which has now been downsized by the firm to just 168 MW. We […] Read more
Renewables Led To Saving Of $520bn in Fuel Costs Globally: IRENA Updated On Wed, Aug 30th, 2023 by Saurenergy A new report by the International Renewable Energy Agency (IRENA) claimed that the global power sector saved $520 billion in fuel costs last year, owing to the increasing adoption of renewable energy sources. The report underscores how the ongoing fossil fuel price crisis catalyzed the competitiveness of renewable power sources. In 2022, 86 percent, equivalent to 187 Gigawatts (GW), […] Read more
Borosil Renewables Assessing Solar Module Recycling Potential Updated On Mon, Aug 28th, 2023 by Saurenergy Borosil Renewables Ltd., the multinational solar glass manufacturing firm, is exploring a possible entry into the recycling of solar PV modules. This initiative aims to establish industry best practices in the extraction and utilization of the materials being recovered from the recycling process. Having one of the lowest carbon footprints in solar glass manufacturing globally, […] Read more
RecycleKaro Invests Rs 100 Cr to Set Up Nickel Facility in Maharashtra Updated On Mon, Aug 28th, 2023 by Saurenergy RecycleKaro, a player in sustainable, lithium-ion battery recycling, has announced its plans to establish Nickel metal plant with a substantial investment of Rs 100 crores in Maharashtra. RecycleKaro maintains that it is committed to completing the value chain of a circular economy and meeting the surging demand for lithium-ion batteries in India’s electric vehicle market. […] Read more
Trina Solar Commissions 15.5 GW Solar Manufacturing Complex In Vietnam Updated On Mon, Aug 28th, 2023 by Saurenergy Keeping up with its international manufacturing expansion, Chinese solar major Trina Solar has commenced the production of 210mm monocrystalline silicon wafers in Vietnam. The first wafers rolled off the production line at the factory in Thai Nguyen city, 80 kilometers north of Hanoi, on Aug. 23. The factory will be able to produce 6.5 GW of wafers per […] Read more
Masdar & Ethiopia Forge Ties for 500 MW Solar Capacity Updated On Fri, Aug 25th, 2023 by Saurenergy State-owned UAE-based developer and operator of utility-scale renewable energy projects, Masdar, has joined hands with Ethiopia for the establishment of an additional 500 MW of solar power project in the African country. The announcement comes as part of the Etihad 7 program, which was introduced by the UAE in January last year. The partnership was […] Read more
