CNGR, Al Mada Partner For $2 Billion EV Battery Plant in Morocco Updated On Fri, Sep 22nd, 2023 by Saurenergy Chinese battery components manufacturer CNGR Advanced Material and the African private investment firm Al Mada have unveiled plans to establish an industrial hub in Jorf Lasfar, Morocco. This project will entail an investment of $2 billion. This collaborative endeavor was officially disclosed through a joint statement by the two firms. The two entities are currently […] Read more
Solar Module Prices Continue To Search For Bottom As Cell Prices Decline Further Updated On Wed, Sep 20th, 2023 by Saurenergy PV Infolink, the Chinese solar research consultancy whose weekly spot prices bulletin serves as a key indicator for many, has, in its latest report, continued to bring bad news for manufacturers. Bad, because even as one would assume price drops are good for developers and eventually consumers, the persistent weakness risks putting growth at risk […] Read more
TrinaTracker Gets 108 MW Solar Tracker Order from Colombia Updated On Tue, Sep 19th, 2023 by Saurenergy TrinaTracker, the wholly owned Single Axis Tracker manufacturer subsidiary of Trina Solar, has entered into a solar tracker supply agreement with Power Construction Corporation of China (POWERCHINA). Under the agreement, TrinaTracker will be responsible for supplying Colombia’s Tepuy Solar PV Park with smart tracking systems. This will entail the firm’s Vanguard 1P trackers, smart algorithms […] Read more
Trina Solar To Set Up US Plant To Hedge Against Tariff Risks Updated On Mon, Sep 18th, 2023 by Saurenergy Trina Solar, which has come off a record H1 in revenues and profits, has decided to spend USD200 million on a solar panel plant in Texas, the United States. The move comes even as Chinese firms remain embroiled in tariff related issues for sales in the US, a key export market. Earlier, Trina has also […] Read more
Grumblings From European Solar Manufacturers Start Over Falling Prices Updated On Mon, Sep 18th, 2023 by Saurenergy At SaurEnergy, even as solar manufacturing has been incentivised, pushed and supported by every means possible, we have regularly highlighted the need to consider the sustainability of it all. Well, the first rumblings have already started, not from the manufacturers who are establishing new capacities, but from already established players in Europe. In an open […] Read more
Lithium Battery Recycling In Focus With $542 Million Funding For Ascend Elements Updated On Wed, Sep 13th, 2023 by Saurenergy The battery recycling market in the US has heated up with the announcement from Ascend Elements, of a huge $542 million in Series D funding. Ascend had earlier been granted massive grants of over $400 million by the Department of Energy, and the latest fund raise makes it one of the largest U.S. cleantech equity […] Read more
103.5 MW Solar Park in Netherlands is Powered by JA Solar Updated On Wed, Sep 13th, 2023 by Saurenergy China-based firm, JA Solar Technology Co Ltd, which makes solar products will be providing equipment for a solar project in the Netherlands for a capacity of 103.5 MW. The solar project, the Fledderbosch park, is expected to go live early next year. JA Solar Technology has bagged the contract from Dutch developer Ecorus. The solar […] Read more
Solar Grade Nitric Acid Exemplifies Innovation & Progress in India’s Solar Sector Updated On Wed, Sep 13th, 2023 by Saurenergy In recent years, India has become a major player in the global solar energy scenario. By February 2023, the country had an impressive total renewable energy capacity of 168.96 gigawatts (GW), including 64.38 GW from solar power. However, to meet the 2030 goal of reaching 280 GW in solar capacity, India needs to add about […] Read more
Energy Storage in Focus in US as Multiple Firms Secure Support Updated On Mon, Sep 11th, 2023 by Saurenergy The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […] Read more