News In Brief Jan 31: Torrent Power, EU’s Cross-Border Energy Infrastructure, Meta, Zelestra Agreement Updated On Fri, Jan 31st, 2025 by Saurenergy Torrent Power Commissions 300 MW Solar Project In Gujarat Torrent Power Limited subsidiary, Torrent Saurya Urja 2 Private Limited (TSU2) has received a certificate from the Gujarat Energy Development Agency certifying the commissioning of a 300 MW solar project w.e.f. December 15, 2024. The Gujarat Energy Development Agency-certified solar power plant has come into full […] Read more
Q4 2024 Prices: EU-North America See Fall In Solar, Wind Sees Marginal Uptick Updated On Fri, Jan 31st, 2025 by Saurenergy The latest report by LevelTen Energy showcases the energy Power Purchase Agreement (PPA) trend for Q4, 2024 in the global west, i.e., the European and the North American market. The report found that the European solar PPA prices have been steadily declining over the last two years, as the energy sector continues to return to […] Read more
Europe: Solar Surpasses Coal With 11% Growth In 2024 Updated On Fri, Jan 24th, 2025 by Saurenergy European Union (EU) in 2024 witnessed an 11% rise in solar-generated electricity overtaking coal which fell below 10%. European Electricity Review by Ember said. The latest review by think tank Ember, identified, a decline in gas generation in the EU for the fifth year in a row, and total fossil generation also fell to a […] Read more
Euler Motors Raises USD 20 million From Zurich-Based responsAbility Updated On Wed, Jan 15th, 2025 by Saurenergy Euler Motors, a manufacturer of electric commercial vehicles, has successfully raised upto USD 20 million in debt funding from responsAbility Investments AG, an impact asset manager specializing in private market investments. This investment will help accelerate Euler Motors’ mission to electrify India’s commercial vehicle segment, enabling production scaling and advanced R&D for next-generation EV technology. […] Read more
EU Solar Hits 65.5 GW, Risks Missing 2030 Target by 100 GW Updated On Thu, Jan 9th, 2025 by Saurenergy The European Union (EU) solar market reached a new all-time high of 65.5 GW, but the annual growth has drastically decelerated. The market surged in the utility-scale solar market segment in 2024 at the expense of residential rooftop solar losses, found a Solar Power Europe report. The EU Market Outlook for Solar Power 2024-2028 warns […] Read more
Solar Energy Trends in 2025-The View From Europe Updated On Tue, Dec 24th, 2024 by Saurenergy A tsunami of cheap Chinese solar panels flooding Europe, an increasing taste for rooftop solar and a boom for small, medium and large-scale battery storage. These are the three strongest trends in solar energy as we move into the new year. I have predicted global solar and renewable trends for the past ten years. Most […] Read more
Falling Module Prices Trigger 13% Drop In EU Solar Investments: Report Updated On Wed, Dec 18th, 2024 by Saurenergy SolarPower Europe’s latest report highlights the addition of 65.5 GW of solar capacity in the region. Despite a yearly growth of 4.4%, this year’s growth marks the lowest market growth since 2017. However, the slowdown was anticipated following the exceptional surge in 2022 and 2023. The growth during that period was largely driven by soaring […] Read more
Solar Power Europe Terms 2024 A ‘Warning’ As Solar Growth Slumps To 4% Updated On Wed, Dec 18th, 2024 by Saurenergy After years of stellar growth, the EU solar sector has been hit by a significant deployment slowdown – tumbling from 53% growth in 2023 to 4% in 2024, amounting to a 92% slowdown in solar growth over the last year. With 65.5 GW of new solar in 2024, the sector just inched past its 2023 […] Read more
Note From Europe- After Modules, Inverter Makers Need Protection Too Updated On Thu, Nov 28th, 2024 by Saurenergy Solar Power Europe, the leading association for the European Solar PV sector, has turned ints attention to the threat to non-Chinese inverters majors in the developed world. In a statement held after an ‘exceptional’ meeting at Germany’s SMA, the board issued a statement calling for more support for the inverter makers who have faced increasing […] Read more
