Chinese Module Majors Feel The Pinch From Module Price Drop Updated On Thu, Nov 16th, 2023 by Saurenergy As financial results for Q3 come in, it is obvious that the pain of dropping module prices is beginning to impact major global players, especially the Chinese majors that dominate global markets. Except for pockets where buyers are from the US and Europe who consciously avoided Chinese players, revenues have sustained only on higher volumes, […] Read more
How is Soltec’s Tracker for US Market Different than Its Other Trackers? Updated On Thu, Nov 16th, 2023 by Saurenergy Solar tracker manufacturer from Spain, Soltec, has designed a single-axis tracker specifically for the US market. The tracker, SFOne US, vis-a-vis Soltec’s trackers for other markets, sees a fewer number of parts. It also comes with the option with some pieces pre-assembled. In the US market, the tracker is longer with thicker piles, which means […] Read more
Borosil Hopes To See Resumption Of Anti-dumping Duties From 2024 Updated On Wed, Nov 15th, 2023 by Saurenergy Indian solar glass manufacturer Borosil Renewables is now hopeful of seeing a resumption of anti-dumping duties against the imports of solar glass. The company recently shared its views with investors in its latest investors call. In August 2022, the Union government relaxed the norms for imports of solar glass by discontinuing the anti-dumping duties. Borosil, in […] Read more
Solar Rental Marketplace OTOVO Raises €40mn Funding Updated On Wed, Nov 15th, 2023 by Saurenergy Norwegian solar startup Otovo has secured €40mn from its existing investors including Å Energy, Axel Johnson Group, and Nysnø, the Norwegian government’s Climate Investment Fund. The funding will help the firm expand its rent-to-buy online marketplace for solar panels, as it seeks to ride the strong residential solar market growth across the EU. This latest […] Read more
SMA Solar Profits From The Sun, Order Book At €2 billion On September 30 Updated On Wed, Nov 15th, 2023 by Saurenergy German Solar Inverter Major SMA Solar is riding the solar wave well, with sales at record highs. For the quarter ended September 2023, the firm reported a strong financials for all business segments in 9M/2023 with close to 85% YoY increase in consolidated sales. PV Inverter sales during the year crossed 12.89 GW of PV inverter […] Read more
EU’s Grid Infrastructure Needs 200 GW Battery Storage: Report Updated On Tue, Nov 14th, 2023 by Saurenergy The Solar Power Europe report on the use of storage in grid, and the importance of developing supportive energy policy talked about several aspects of the grid infrastructure in the European Union (EU). It underscored the key recommendations for strengthening the EU grid policy to drive transformative changes in the energy landscape for battery storage. […] Read more
EU, US Frontrunners In Offshore Wind Patents: IRENA Report Updated On Fri, Nov 10th, 2023 by Saurenergy A latest joint report from the International Renewable Energy Agency (IRENA) and the European Patent Office (EPO) claimed that patents over offshore wind technologies are on the rise globally. The report titled; Offshore Wind Energy Patent Insights Report showed that between 2002-2022 patent filings for offshore wind technologies grew on average by 18%. This growth […] Read more
AISMA Announces 60 GW Milestone for Solar Manufacturing In India Updated On Thu, Nov 9th, 2023 by Saurenergy The All India Solar Manufacturers Association (AISMA) has announced a historic milestone for the industry in India – an annual installed capacity of 60 GW of high-end solar module manufacturing in India. This marks a significant increase in capacity over the last few years, from less than 10 GW of low-wattage Polysilicon modules in FY […] Read more
EU Solar Market Faces Challenges From China and US: ESIA Report Updated On Wed, Nov 8th, 2023 by Saurenergy The European Union’s (EU) industry association body, the European Solar PV Industry Alliance (ESIA), released a report that evaluates factors that can contribute to the de-risking and scaling up of Europe’s solar PV manufacturing. The alliance evaluates the factors affecting European industries, aiming to achieve the goal of 30 GW of domestic manufacturing capacity by 2025 and the EU’s […] Read more
